Spot Gold XAUUSD, current price near $1,907/-Stoch RSI already given negative cross over, day's trend is negative. Trading just above VWAP for teh session, As long as we are above VWAP, the trend will be positive,if it breaches VWAP and first support of CPR at $1,904 & then $ 1,899 then we may see gold moving towards $1,890. Keep your stop at day's high at $1,918.
Spot Silver just upending earlier chart published few minutes back with Cup pattern which is indicating probable time frame to reach another level of all time high
Spot Silver , current price $23.72. comparison with 2011 trend when at all time high and where we are heading in long terms , direction for long term is clear , we are in super bull market , wherein we should keep buying silver on any major retracment or I may say buy on dips to see we reaching first all time high of $49.81. and then probably seeing all time high...
Spot Gold, current price 50,568, Harmonics pattern ( bottom highlighted) and Fib retractment( 61.8% and further) all pointing towards bounce in short term towards first 50, 935 and then towards 51,529. We can observe a clear a pattern which indicates bullishness to continue. The above view is for short term and not medium to long term. The above study is for ...
Spot Gold XAUUSD, current price $1,861, this view is for medium term and not day trading ,bearish engulfing candle, crucial support lies at $1824 ( 61.8% retractment), if broken will see downward slide towards $1,688. There is lot of similarity to the pattern in 2012 when it created top and retracted back more then 38.2%, similar pattern is coming with downward...
Copper Futures Current price Rs. 532.70, rising channel , bullish ichimoku set up, RSI at 78,ADX at 36.5,copper should continue it's rise and move up after consolidation between Rs.523- Rs.533 levels , we should see new highs towards Rs. 540-Rs-550 if stiff resistance at Rs. 534.40 is taken off with good volumes.strong support at Rs.512 if broken we may see...
Spot GOLD Current Price around $ 1,952 levels. is consolidating in the narrow range of $1,936-$1,963. Candle's formation within clouds tells us to stay away as this gives clear indication of indecisiveness between buyer and seller. Any move above $1,964 to be considered as bullish and any move below $1,936 to be considered to be bearish.
Zydys Wellness Limited , current price Rs.1,904/- , bullish ichimoku set up , breakout with good volumes at Rs.1,751/-, ascending channel, ready to move higher towards Rs.1,946 and then towards 2,000/- strong bullish bias.Immediate support lies at Rs. 1849. Ichimoku base line support lies deep at Rs. 1,759, in case price retracts then strong chance of bounce...
Spot Silver Current Price $26.79. Bearish ichimoku set up with candles within the cloud and last candle trying to see below the cloud gives indication of bearishness to continue.CPR support at 26.74 , if that support is broken then we may see it move towards $ 26.56 and then move towards $26.30, strong downward move can take it further down towards $26.12.We...
HDFC Current Price Rs1,724/-, Bearish ichimoku set up, ,Negative MACD Cross over with low volumes , immediate support at Rs.1,767/- & then at base line Rs. 1,778/- Bearish cloud,first target should be Rs. 1,679/- and it shall further slide towards Rs.1,650/- keep stop at Rs.1,764/-
Nifty pharma current price near 12,321, Bullish ichimoku set up,ascending channel,should move towards 12563 and if this levels are taken off then we may see 12685 soon. RSI at 73 & ADX at 53.50, we need to be sure that both this parameter should not reverse else we may see retractment towards first conversion line ( ichimoku) at 12098 and then towards baseline...
Nifty current price 11,604.55, bullish ichimoku set up breakout at 11,581,MACD positive crossover , RSI at 67, strong uptrend and movement in Open interest in 11500 series indicates bullishness.Nifty should move up and should see first target of 11,660, if taken out then we may move towards 11,700.
Silver Spot price ( XAGUSD) price is $ 27.38, symmetrical triangle breakout, looks ready for next ride , first target seems to be 27.60 and then $28 MACD is ready to give positive cross over , RSI at 60 , bullish momentum to continue.
DXY current price @ 92.84 looks bearish and looks like sliding towards 92.79 and then towards 92.77. MACD gave negative crossover @ 93.07 and currently below cloud as well as per ichimoku is a bearish set up. this also has helped gold move up.Stop at the high end of cloud @93.11
Spot Gold Current Price at $1,954. As expected Spot Gold faced stiff resistance at the level of $1,967 and retracted back to $1,947 levels. MACD Negative crossover already seen at $1,964.VWAP for the session and ichimoku also supports all the bearish signal along with strong down trend line. Down ward trend to continue and first resistance seen at $1,944 (...
Bank Nifty Futures 15 min chart is looking bullish now,MACD Positive cross over at arounf 22125-22615, shall move towards 22402,22465 and then towards 22,600. Once it breaches 22,500. We will see strong momentum.
Copper looks ready to move further up and if latest highs of $3.10 is taken off then we may see it moving further towards $ 3.12/3.13. MACD has given positive cross over at $ 3.07. RSI being close to 60, RDX factor being 3 indicating long bias , china data for the metal were also good today , considering all the technical parameters combined with favorable data...
Spot Gold has perfect ichimoku set up giving it bullish momentum , first key resistance at $1,967 ( will form double top); If taken out it should move towards $1,975 and then towards $1,992-2014. MACD has given positive cross over at $1,944 today until it is reversed positive momentum to continue.In case it is reversed then major support available at $1,935.