Gold Petal MCX ( Commodity ) has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
BTC has been on a downtrend and the fall was severe in the recent past, As of now the price has recovered a little bit and is above the major support level of 29500$. As long as the price stays above the same we can expect the fall to stop and recover. But if the price candle closes below this level we can expect more pain in Bitcoin. Supports below are at 24k...
BTC Has corrected and reached the bottom trendline, Now it looks to take support in the trendline. Both The trendlines marked in the chart act as good supports. If the trendlines are broken we can expect a downside towards 30000$, If the trendlines act as a good reversal point we can expect a short-term rally towards 44000$. DYOR before investing not responsible for P&L.
Nifty50 index has been in the price range for nearly 6 months and is under high volatility due to variety of news flows. As of now Nifty 50 is near major resistance and any significant breakout and close above it will cause a rally while any reversal will cause a correction for the short term. A decisive Breakout is must for the bulls to continue in dalal...
Bitcoin has broken out from a medium-term consolidation and is now ready to go for a rally in the medium term. It has broken out both Trendline and Price Resistance of 45k. Traders can enter around 46850 (close of the previous bull candle) or wait for the price to retest and enter around 45500. Stop Loss to be placed below both Trendline and price support of 44k....
Bitcoin is at a vital price point. 44k appears to be a major resistance but there has been a breakout in the hourly time frame. So there would be wild price move either on upside or downside. BTC /USDT has to either breakout of 45k and close to rally further or breakdown and fakeout. Either one has to happen in the near future (In a few hours). So be ready to...
Silver Micro Futures has broken out from a triangle pattern with good volumes. It has been correcting under the same for nearly 560 Days. Due to geopolitical tensions, commodity prices are expected to rise. This could mark a bull run in Silver. Resistance is marked in Red. So it would have to take out the supply area to continue Rallying. Even Though This could...
Due to Geopolitical tensions, the value of the Euro is expected to rise in comparison to INR. The currency pair has broken out and is looking to retest before continuing with the up move. So It would be a good idea to enter in a retest and expect a reversal rally. 200 EMA also acts as a firm dynamic support. Supports are marked in Green and Resistances in Red. In...
---> Is Nifty 50 (Indian Markets) Ready for a rally? Will Markets stop correcting? Has the short/medium term bottom been made in the market at 15700? Nifty has been in a downtrend for the past few months due to a variety of factors like FII Selling, Geopolitical Tensions, etc. The market has corrected nearly 16% from All-Time High and now it is looking to...
BTC has broken out from the trendline in the 5 Minute Chart and looks to undergo a rally. Risk Reward Ratio - 2:1 Buy @ 42200 Stop Loss @ -0.2% Target @ 0.4% Only For Educational Purposes & Not Responsible For P&L. DYOR Before Trading.
USDINR has met a perfect confluence of lower trendline support and horizontal support on the Daily, and has just seen a small bounce of this support as confirmation. Before the bounce we saw RSI drop to 26 on the Daily and even lower on the smaller timeframes. In our last idea we predicted an incoming bounce, with potential to drop to this horizontal support...
USD INR is at a critical support level following a long running trend-line. Expect a reversal from this level in a couple of days to find good positions to enter.
The pair has taken support in the lower trendline and looks to reverse and rally. Target is placed near resistance. Stop Loss is placed below support zone and lower trendline.
Hello and a warm welcome to this analysis on USDINR - FED meet coming up later tonight. It is currently trading at the upper end of a diagonal channel. It has a Bearish Three Drives Harmonic Pattern coming up with a PRZ near 76.75. Expecting it to cool down from there and likely retest the lower end of the channel around 75.25. The view negates above 77
India has, in the past, been called the “next China” for possessing some of the same growth potential and investment opportunities. The truthfulness of this claim was supported recently when Chinese authorities began cracking down on its tech sector giants, prompting investors to look elsewhere for a more reliable home for their money. Coincidently, Indian tech...
This Pair has reached the lower trendline, this may cause it to bounce back. Risk Reward Ratio - 3:1 Target is Placed near swing high, SL is Placed below Support Zone
The pair has broken out and retested multiple times, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the upper trendline. The target is placed near swing high.
The pair has reached upper trendline and may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the upper trendline. The target is placed near swing low.