Share markets continue to chop around the lows with bulls trying to build a base to drag in more reluctant buyers. Inflation and rate rise concerns continue to weigh on markets as the Focus is on economic numbers. If the data shows the start of a slowing economy while inflation remains strong...we could see some serious selling into share markets. The general...
Share markets managed to find some buyers to hold up off the lows as the US was largely range bound for the session. Buyers were happy to soak up the selling pressure from a weak open and fend off another selloff. The USD ran lower as safe havens moved down which lifted Gold. Major US indexes look set to bounce again into the weekend on more bargain hunting. The...
Review of the key levels in the major markets as global markets resumed the meltdown with the NASDAQ and SP500 down over 4% and DOW 3.5%. Markets playing catchup to Powell comments and also have concerns that the US consumer is holding onto cash and not providing the economy with needed support...Target failing to delver on earnings highlights the concerns. Safe...
Review of the key levels in the major markets as the US bounces back Friday following of from a strong Asian and European session. Bargain hunters taking the opportunity to buy in an extended market so the questions is whether this bounce can gather momentum higher. The general trend for major Indexes remains down with the USD, Inflation and Interest Rate Rises...
Hi everyone, If you follow this Idea, close the position with the small profit. Congratulations. Good Bye and Good Trading!!!
Bank Nifty Symmetrical Triangles in Monthly TF. May's Range: 36,400 - 38,600 Bullish: >38,600 Bearish: < 36,400 Short Strangles recommended for May Expiry given the low VIX. Good Luck!
Nifty Symmetrical Triangle After being stuck in a range this week, the Index is expected to be directional next week. Tomorrow's Range: 17,000 - 17,300 Bullish: >17,300 Bearish: < 17,000 Long Strangles recommended for 5/5 Expiry
Hello Traders! We found one more potentially high probability stock that prove itself to be a 'WILD HORSE" (multibagger). Chart is bullish as it has taken support of 50 ma as well as the demand zone with high volume. Its breaking out the trendline too. Entry will be valid if the current candle closes above the 6ma (green line). Stop Loss and target are mentioned...
CAPITALCOM:DE40 trading below support 14110 and testing 14060 support at the moment. Support Levels: 14110, 14060, 14040, and 14,000 Resistance Levels: 14,110, 14,133, 14,140, 14,150, and 14,160 Seems like a sideways market today! Possible Options Strategies: 1) Iron Condor 2) Iron Butterfly 3) Short Strangle 4) Short Straddle Good Luck!
Nifty has taken support around 17 080 right here at S1 okay and it's going kind of sideways so let's quickly have define our support and resistance levels using GANN angles I'm taking the first Target for resistance at the price just above the high above the present price which was previously support around 17440 which is we call that r1 our first support is just...
Trend Analysis is arguably the most important area of technical analysis and is key to determining the overall direction of a security. Trends are based on the principle of higher highs, higher lows (for an uptrend) and lower highs, lower lows (for a downtrend). Dr.Lal path lab is now in short term bullish mode in corrective wave pattern. and stands in Resistance...
Mid-cap Pharma Company might get a booster dose? The 31,177.59 Cr. worth mid-cap Pharma company, Laurus Labs Ltd. gave a massive 96% CAGR (3yrs.) in the past. The share price of the company made a high of Rs. 723.55 after which it saw a downturn is now giving signals of its trend reversal to Bullish. The share price of the company made an 'inverted Head and...
Allbirds (NASDAQ: BIRD), the New Zealand footwear company, was listed on the Nasdaq in November 2021 at a starting price of US $21.21 and found a range between US $20 and $30 for one month. Its mission to create the world's first carbon-neutral shoe brand appealed to investors, perhaps those of the ESG persuasion, who have pushed a record US $650 billion of funds...
We are clearly forming higher high and higher low on weekly so we are clearly bullish on weely .but in daily we are in correction phase as we appoarched our demand area we formed bullish harmi candlestick pattern which is a reversal pattern.also we have rsi diping below 40 and then closing above 40 which is also a bullish sign also we are in lower band of bb .also...
Wait for buy level @95 And after all 3 targets either book or start trailing your Stop loss
resistance crossed, looking good chart, kiske portfolio me hai yeh stock?
Breakout stock, consolidate hone ke baad badh raha hai aur high level si gira hua stock so causion Not a buy suggestion
Double Bottom, Near Resistance, Fib Re. near 0.382 Not a buy,sale or hold suggestion