Hello traders,
Let's explore an exciting opportunity today! 🌟 This stock has recently formed a double bottom pattern and surged upwards, consistently breaking previous highs. 🔄 Currently testing its recent peak, there's potential for a pullback before further upside.
Options traders, consider buying 3500 call options in march expiry for optimal leverage....
Traders, let's delve into Power Finance Corporation today ! 🌟 In the daily timeframe, we're witnessing a range-bound movement, with the price testing previous swing highs. 🔄 Anticipate a breakout above this level(red box), potentially targeting Rs. 450 and beyond. But before that it may come around at Rs.400 to go up further. PFC appears poised for bullish...
Traders, brace yourselves for an explosive opportunity as we delve into Bank of India's mesmerizing chart dynamics. 📈🔍
🔎 1-Hour Insight: Zooming into the 1-hour timeframe reveals an intriguing narrative—a compelling upward parallel channel that beckons us with promise.
📊 Channel Mastery: Bank of India's price action has gracefully adhered to the confines of...
Greetings Traders,
As we anticipate the upcoming week, our attention is firmly on USDCAD, where we are actively assessing a potential selling opportunity around the 1.32600 zone. Engaged in a downtrend, USDCAD demonstrates a sustained downward trajectory. Concurrently, the currency pair is in a correction phase, steadily converging towards the trend at the...
Rapid Downslide Following FED News : Downslide suggests that there may have been a negative reaction in the USDJPY pair due to news related to the Federal Reserve (FED). Events and statements from central banks, especially the FED, can significantly impact currency pairs.
Formation of Double Bottom Pattern around 141.500 Range : A double bottom pattern is a...
Yesterday, I highlighted the bullish stance of the GBP/USD pair. In today's session, our focus was on identifying long opportunities towards the higher end of our target. Currently, our target remains valid, and we managed to capitalize on the upward movement. By examining the lower timeframes (1-5), a clear positive shift in market structure towards the long side...
