Indian stock market started showing reversal signs. The upcoming release of the US Consumer Price Index (CPI) data at 8:30 AM EST (6:00 PM IST) is a pivotal event with the potential to trigger a reversal in the US market. This data point will provide crucial insights into inflationary pressures, which are a primary concern for the Federal Reserve and investors...
Our in-depth analysis throughout 2024 has consistently identified a strong upside for precious metals. This aligns perfectly with the predictions outlined in our Annual Letter 2024, where we highlighted a significant rally for gold and silver. Current market trends indicate this uptrend will hold until April 22nd, 2024. While a temporary correction may follow, our...
Entry Level: $190 Stop Loss: $186 Target: $195-$199.00 Analysis: The current entry level for initiating a short-term long position in US Coffee stands at $190. A prudent risk management strategy suggests setting a stop loss at $186 to mitigate potential losses in case of adverse price movements. The target range for this long position is set between $195 and...
Position Size: 50% Entry Price: Current market price - 184 (as of Friday, January 26, 2024) Stop Loss: Closing basis stop at 177 Target Price: 215-220 Notes: This trade is suitable for short-term traders with a high tolerance for risk. The closing basis stop loss is designed to exit the trade if the price falls below 177 on a closing basis, which could...
The entry prices for long position at 71.80 and 70.60 offer attractive entry points near support levels. A stop-loss at 70 provides a good risk management buffer, limiting potential losses if the trade turns against us. The target prices at 73 and 75 represent potential profit levels based on technical analysis.
Following our previous successful profit-taking advice for the SPX long position at 4900, AstroDunia's market timing model, informed by financial astrology, has identified a compelling short-term selling opportunity. Recommendation: Enter a short position in SPX (Cash) at current market price (CMP) of 4900 and an additional short position at 4935. Set a stop-loss...
Consider shorting SP:SPX in the range of 4825-4840 as it's expected to surpass the previous day's high. Hold this position for the upcoming week, anticipating a decline, with today likely marking the market's peak for the near term.
Entry Price: Enter the trade at the current market price of 2.80. Stop Loss: Place a stop-loss order at 2.69, which is slightly below the recent support level. This will limit your potential losses if the price of NG falls unexpectedly. Target Prices: Take partial profits at the first target price of 3.00 and consider trailing the stop-loss to lock in profits. The...