Necklace Pattern Breakout- Omaz Auto Ltd Looks like multi year range is ready for a breakout after repeated failed attempts. Let's see how market reacts to this attempt. This is not a Buy/Sell Call. Chart shared for educational purpose only.
The co. has a market share of 55% in the seamless pipes segment and a market share of 18% in the API-certified, high-frequency ERW pipes segment. Revenue as FY22 Steel Pipes and Tubes: 95% Clientele Some esteemed clients of the Co include Indian Oil Corporation Ltd, BHEL, Reliance Industries Ltd, ISGEC, NTPC, Larsen & Toubro, and more, and Infrastructure...
Price has changed the Trend upwards and has a buying confirmation, hence expecting an Impulsive Move Upward till the Opposite Quarterly Supply. ENJOY THE RIDE !!!
In 2022 the diversification between stocks and bonds within a "60/40" portfolio was an ineffective strategy that yielded negative returns and, as a result, did not safeguard the investment. The reason was that both equities and bonds plummeted in lockstep as a result of the Federal Reserve's interest rate rises, with the correlation reaching its highest level in...
after making a new 52 week high Mahindra cie now giving a small retracement one can add at 300 -308 sl 285 Tgt 350 385 400 Ask your financial advisor before taking any action based on my view Only for educational purposes
Hello my Fellow TraderZ, Currently this is the most important chart most of the traders eyeing upon - #DXY. #DXY - an index containing the graphical representation of the strength of $USD against major currencies of the World. We can see the #DXY is enjoying the Parabolic Blow off phase after making DOUBLE BOTTOM in JUNE 2021. Now , after breaking certain...
SPXUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% SPX, 60% Cash. * BOUNCE WATCH . The Employment Situation was released this morning and 263k nonfarm workers were added to the economy in September while Unemployment edged back down to 3.5% from 3.7% in August. The 17th GDPNow US Q3 GDP estimate came in at 2.9% today compared to...
SPXUSD Daily neutral with a bearish bias. Recommended ratio: 47% SPX, 53% Cash . *I incorrectly mentioned that PCE numbers would be released today, they are scheduled for release tomorrow at 830am EST. The 2nd US Q2 GDP estimate was reported today at -0.6% compared to the previous Advanced estimate of -0.9% , the third and final Q2 estimate will be reported...
SPXUSD Daily cautiously bearish. Recommended ratio: 10% SPX, 90% Cash. *Equities and Cryptos are getting smashed as DXY and US Treasuries rally higher. Quite simply this is a response to global recessionary fears (amplified by last week's disappointing global economic data) and a commitment by the Fed to continue FFR hikes for the rest of the year. It seems...
Scalping Deepakfert sell Deepakfert below 606 Target 600,594. SL 607 (risk is 1 point) If it falls it will touch the target within few minutes. so go with the momentum. As on the chart, there is superb trendline support on the 1-hour chart. so, buy Deepakfert if it takes support above 608 for the target of 615, 625, 640,650 (Swing Trading). For buying, you need...
The last time this happened was in 2018 but the market some how management to rally which resulted in a false breakout. In 2020 the market came back to this level and spiked around this area before turning into an almost 2 year rally. 2007 was a different story as market broke structure and the result was a sell of that lasted one year. What will happen in...
ADANIENT sell below 2096 for the target of 2089,2080,2070, 2050. Please take trade after candle close below 2096. Suppose it opens below 2096 then your short level would be 2077 for the target of 2070,2060,2050,2045 Reason for short trade:- Daily breakout for the short side.
COROMANDEL is trading now at very important zone. It is on double top on monthly basis and giving breakout on a daily & weekly basis. If it wants to go up, it will go up with momentum. If it wants to go up, it will go up with momentum. If it rejects then we have to understand that double-top play its role. COROMANDEL buy above 915 Target 920, 930, 935, 950
Godrejprop buy above 1629 when breaks triangle pattern. Target will be very small. Target 1637,1642, 1650 SL below 1622 please keep position size small. If it opens at gap up then avoid buy entry. then you can take sell trade if you get clear rejection on 30 minutes chart. #Disclaimer :-This is not a buy or sell recommendation. This chart is shared for...
DALBHARAT buy above 1638. Take trade after proper buy set up. Target 1645,1650,1660,1675,1690 SL below 1620 (1 hour closing basis). This is not a buy/sell recommendation. It is shared for educational purpose
SBILIFE Breakout in the daily timeframe. but it should consolidate in a smaller timeframe. That's why I have drawn two imaginary expected paths of SBILIFE. Buying area is 1148 to 50. SL 15 points. Target-1164,1170 or you can buy above 1162 for the target of 1172. In this case, the target is very small but the target can be achieved very fast.
DALMIASUG buy above 547. It must be sustained above 545. As there is a daily breakout in DALMIASUG, You will get enough time to enter. Don't be in a hurry. Take position after proper break out as 545 is resistance. Target 550,555,560,570 SL 535 If it gaps up then wait for retest then take entry. Wishing you a profitable day.
Let's see how NVDA reacts to the support and resistance zones shown. It's currently struggling to move above the current resistance zone but if that breaks we can expect a move to the next resistance shown above in turquoise. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! Love it or hate it, hit that thumbs...