GlobalMarketGuru

GlobalMarketGuru

BITSTAMP:BTCUSD is currently consolidating within a symmetric triangle, signaling a potential breakout in either direction. Resistance Levels: $60,238 and $62,193 Support Level: $57,893 Watch these key levels for possible movement as Bitcoin approaches a decision point within the triangle.

GlobalMarketGuru

➡ Awaiting breakout from the descending trend line ➡ Key resistance levels: 0.9185 and 0.9197 ➡ Strong support at 0.9120 AUD/CAD is testing the descending trend line, with a potential breakout on the horizon. Traders should watch these levels for a clear directional move.

GlobalMarketGuru

➡ Symmetric Triangle pattern observed, breakout expected on either side ➡ Resistance at 0.8425 ➡ Support levels: 0.8355 and 0.8345 NZD/CAD is currently consolidating within a symmetric triangle, indicating a potential for a breakout that could lead to a significant directional move. Traders should watch these key levels closely to anticipate the next market move.

GlobalMarketGuru

➡ Poised at a rising wedge, indicating potential for breakout on either side ➡ Resistance levels to watch: 91.52 ➡ Support levels: 85.39 and 83.04 This currency pair is currently in a rising wedge formation, a pattern that typically suggests forthcoming volatility with a possible breakout. Traders should closely monitor these levels to anticipate the next...

GlobalMarketGuru

➡ Bearish breakout from Rectangle pattern ➡ Next targets: Support levels at 0.6152 and 0.6098 CAD/CHF has broken down from a rectangle formation, indicating a bearish trend. Keep an eye on the support levels at 0.6152 and 0.6098 for potential price reactions. This setup suggests further downside potential.

GlobalMarketGuru

➡ Awaiting Breakout on either side at 99 and 96.75 ➡ Resistance Levels: 101.76, 105.74 and 109.42 ➡ Support Levels: 93.45 and 90.24

GlobalMarketGuru

➡ Symmetric Triangle pattern observed ➡ Breakout potential on either side ➡ Strong support levels at ₹1,063 and ₹1,017 ➡ Resistance to watch at ₹1,250

GlobalMarketGuru

Fundamental View ➡ Net profit of ₹1,225.2 crore in Q1 FY24 ➡ EBITDA margin expanded by 150 bps YoY ➡ Strong financial performance driven by operational efficiencies ➡ Positioned well in the power and infrastructure sector Technical View ➡ Bullish breakout above ₹107 with strong momentum ➡ Ascending trend line providing robust support ➡ RSI near 67, indicating...

GlobalMarketGuru

➡ Bullish breakout above ₹876 with strong volume support ➡ Ascending trend line providing robust support ➡ Strong uptrend since November 2023

GlobalMarketGuru

➡ Strong uptrend from December 2023 ➡ Ascending trend line providing robust support ➡ Awaiting bullish breakout above ₹246 ➡ Momentum building as RSI approaches 60

GlobalMarketGuru

➡ Symmetric Triangle pattern observed ➡ Breakout potential on either side ➡ Resistance at ₹240 ➡ Strong support at ₹178

GlobalMarketGuru

➡ Previous breakout with significant volumes ➡ Retested and now reversing ➡ Supported by strong levels at 200-190 ➡ Momentum expected to pick up above 216 ➡ Next resistances to watch: 239 and 254

GlobalMarketGuru

Technical View ➡ Ascending trend line providing strong support ➡ Retrace from demand zone near 1150 ➡ Next resistance at 1247 ➡ Bullish breakout possible above 1192 ➡ RSI at 52, indicating neutral momentum

GlobalMarketGuru

Fundamental View ➡️ Market Cap: ₹1,66,177 Cr ➡️ PE Ratio: 8.02 | Dividend Yield: 2.68% ➡️ 52-Week High/Low: ₹580 / ₹200 ➡️ Net Profit: ₹7,182 Cr (June 2024) | Revenue: ₹94,821 Cr (TTM) ➡️ ROE: 21.3% | Book Value: ₹306 Technical View ➡️ Major Resistance: ₹577 ➡️ Ascending Trend Line in play ➡️ Retrace from Support ➡️ RSI near 47, indicating neutral momentum

GlobalMarketGuru

Fundamental View: ➡️ PE Ratio: 61 | ROCE: 12% | ROE: 8.63% | Market Cap: ₹1,55,031 Cr ➡️ Strong long-term financials with a 96% dividend payout ➡️ Ranked 5th out of 147 in IT Software ➡️ Global presence with diverse services across 90+ countries Technical View: ➡️ Bullish breakout observed ➡️ Next resistance from Dec 2021 at 1,660 ➡️ Ascending trend line...

GlobalMarketGuru

➡️ Bullish breakout above 2,968 signaling potential upward movement ➡️ Ascending trend line providing support ➡️ Resistance levels to watch: 3,056 and 3,217 Monitoring for further action as the stock tests key levels

GlobalMarketGuru

🔄 Symmetric Triangle pattern indicating possible breakout on either side 📈 Key resistance at 13,170 and 13,551 📉 Strong support levels at 11,884 and 11,200 Awaiting clear direction for potential trading opportunity 📊 Follow for analysis!

GlobalMarketGuru

💰 IRCTC reports a 32.5% increase in net profit for Q1 FY25, indicating strong growth 🔄 Wait to Retrace from major support level 📈 Potential bullish breakout above 955, with resistances at 1002, 1057, and 1139 📉 Watch for bearish breakout if support fails 📊 Follow for analysis!