Stock seems to have completed its Lower Low Price Action and MACD looks to form Higher Lows. Good Election Results has also helped the stock to start picking up momentum now. It could start seeing the Price Action change directions to Higher High and Higher Low Patterns. There seems to a Convergence Divergence in play as well. The newly elected CM will have his...
This is good time to buy this stock because stock at support level in channel pattern also recently TVS Supply Chain Solutions secured a new business contract from VE Commercial Vehicles (VECV). The contract involves managing in-plant warehousing and logistics functions at VECV’s Eicher bus factory in Baggad, Madhya Pradesh. The partnership is set to last for...
We predicted this V-shaped stock market recovery one month ago in one of our videos. Happy that it has overcome the fall of election results day. But a retracement is due now, hence trade cautiously. A perfect time to invest for long-term investors in fundamentally strong and sector-specific leagues
The fundamental situation, BPCL is in, I can not see it not going ahead and achieving the 39% technical targets. Disclaimer: I am holding since 355 and have targets of almost 100% from current levels, i.e. of around 1150. Trade/ make financial commitments at your own risk. This is to spread awareness and not intended as a buy/sell call. Always, do your own...
- All the necessary pointers are on the chart. We are trying to keep things short and simple. if you like this concept, give us a boost/Comment to let us know. For those who need a writeup, Here's a quick one: - Until the resistance zone is broken, Going long may trap investors in a consolidation phase. - MACD is all up for a bearish crossover - Price trades...
CUB correction is completed both price-wise and time-wise. From this month it has strong potential upside with minimum target of 166 around, then 180 and 200 levels. 2nd target of 180 and 3rd target 200 can come in next month or next to next month but 166 is almost confirmed. This view will fail if it close on or below 130 levels. so the risk is very less from...
The commodity has registered a notable pullback from last month’s record highs and has now moved below the pivotal EMA200 (black line) and 38.2% Fibonacci of this year’s advance. This pauses the bullish momentum and exposes Copper to the ascending trend line from the 2024 low and the daily Ichimoku Cloud. However, this region could contain the correction and...
$2.9 Billion in Mt. Gox Bitcoin on the Move for the First Time in 5 Years: Where Is It Headed? Key Points and Timeline of Transactions BINANCE:BTCUSDT.P *May 27*: - *Initial Announcement*: Blockchain analytics platform, Arkham Intelligence, reports a significant Bitcoin transfer from Mt. Gox, the bankrupt Bitcoin exchange based in Shibuya, Tokyo,...
The Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data. Resistance : 2358 - 2365 Support 1 : 2335 Support 2 : 2305
The stock of Xiaomi posts its first losing week in more than a month, despite its mostly strong quarterly results on Thursday and the upgraded guidance on EV deliveries. The drop likely reflects the broader decline of the Hang Seng Index due to geopolitical concerns. It also makes sense from a technical standpoint, since it had reached highly overbought...
Even though this seems incredibly strange, I opted to enter for short on this pair since, after all, stop-loss orders have their place, and I trusted my eyes more than my heart. I'm just waiting for the market to tell me to jump on a sale as the price is already in my value range. Short Bias for the upcoming week. Instead of being stuck with the indicators,...
Explore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
📊 Script: BANKBARODA ⏱️ C.M.P 📑- 254 🎯 PE 🏆 - 6.98 📊 Script: FEDERALBNK ⏱️ C.M.P 📑- 159 🎯 PE 🏆 - 9.33 📊 Script: BANDHANBNK ⏱️ C.M.P 📑- 187 🎯 PE 🏆 - 10.12 📊 Script: SBIN ⏱️ C.M.P 📑- 817 🎯 PE 🏆 - 11.43 📊 Script: INDUSINDBK ⏱️ C.M.P 📑- 1410 🎯 PE 🏆 - 12.66 📊 Script: HDFCBANK ⏱️ C.M.P 📑- 1437 🎯 PE 🏆 - 16.07 📊 Script: IDFCFIRSTB ⏱️ C.M.P 📑-...
In light of the recent downturn in ASML sales, it's prudent to assess potential implications for the stock's trajectory. ASML faces lower than expected orders in Q1 amid industry downturn. CEO Peter Wennink remains optimistic about sector recovery in 2024. Orders dip to €3.6 billion, revenue at €5.3 billion. Our initial target lies at 826.1, where we anticipate a...
The Reserve Bank of Australia raised its 2024 inflation forecast on Tuesday and appeared more concerned around achieving its 2-3% target. Despite considering the case for a hike, policymakers decided to hold rates at 4.35% for fourth straight meeting. The Aussie reacted lower, as markets likely expected a more hawkish language from the RBA, given the upgraded...
📊 Script: BPCL 📊 Sector: Refineries 📊 Industry: Refineries ⏱️ C.M.P 📑- 585 🎯 PE 🏆 - 4.38 📊 Script: ONGC 📊 Sector: Crude Oil & Natural Gas 📊 Industry: Oil Drilling / Allied Services ⏱️ C.M.P 📑- 275 🎯 PE 🏆 - 8.24 📊 Script: COALINDIA 📊 Sector: Mining & Mineral products 📊 Industry: Mining / Minerals / Metals ⏱️ C.M.P 📑- 435 🎯 PE 🏆 - 9.14 📊...
Pair: XRPUSDT Timeframe: H1 Direction: Long Technical Confluences for Trade: - Stochastic momentum is neutral - Price action supported by 100MA - Price bounced off 61.8% Fib levels Fundamental Confluences for Trade: - XRP plans to launch US-denominated stablecoin to bridge the gap between Crypto & Fiat will help generate more uses & liquidity for the...
The USD at the start of the year was trading near the 100 lvl but has managed to push above the 106 lvl in a little over a few months. If price is able to break out of the 107 lvl, there isn't to many resistances for the USD to break (the 108 could be one) and price might be able to hit the 114 lvl made in 2022. With the CPI data coming in a little higher then...