Trade in a Range...NSE:GALAXYSURF trade at 2935.
Support is at 2700
Resistance is at 3200.
You can watch it for next Resistance at 3500, After this it going to all time high...
Chartanalysis
Ready for Breakout, Sugar Stocks in Action...NSE:RENUKA trade at 50. Support at 44. Resistance at 53
Stocks trade in a triangle range since last 1 year, you can watch for next resistance after breakout 75-80 level.
Wait for Breakout...NSE:SRF trade at 2560 level. support is @ 2000 Resistance is @ 2800
Stock trade in 800 points range since last 3 years. You can watch it next resistance after breakout at 3200-3300.
Play in a Range...NSE:ASIANPAINT trade at 3120. Support is @ 2700 Resistance is @ 3600.
stock trade in 900-1000 points since 3 years, You can watch its next resistance at 3600.
Mastercard: Almost there!Mastercard has further developed the current wave 2 in turquoise, which we expect to end just below the resistance level at $490.99. After that, a sustained decline should set in, which should lead below the $428.98 mark.
Will Gold Prices Bounce Or Slide?The gold market is currently experiencing high volatility, making it essential to exercise caution. Key levels to watch:
- Break above 2523: Potential buying opportunity
- Break below 2518: Potential selling opportunity
Traders are advised to closely monitor these levels and adjust their strategies accordingly. Stop-losses (SLs) are recommended to mitigate risk.
Stay vigilant and adapt to market changes to capitalize on potential trading opportunities.
Perfect Rounding Bottom ....NSE:RALLIS trade at 355. Support is at 300 and Resistance at 375,
after breakout you can watch it next resistance at 500.
Wait for Breakout.....NSE:CANFINHOME trade at 880. Support is at 800. Resistance at 930.
You can watch it after breakout as a next resistance at 1100-1150
Play In A Range...NSE:CIEINDIA trade at 585. Support at 520, Resistance at 620
You can watch it next Resistance at 720-740.
Breakout with Volume...NSE:TV18BRDCST trade at 51.55. Support is at 47.70 and Resistance is at 54.30
When its break Resistance level you can watch it @ 59 and after this 68.
Breakout on Cup wity Handle Pattern...NSE:RATNAMANI trade at 3645. Support is @ 3300. Resistance is @ 3900
When stock break its Resistance Level, You can watch it Next Resistance at 4500-4600 Level.
Retest Breakout Level....NSE:HINDALCO trade at 700 level. stock Resistance at 715. Support at 600.
When its break resistance level you can watch it as a next resistance at 900.
Nvidia: DownhillNVDA has completed the green wave (X) and started descending toward our blue Target Zone between $91.30 and $76.02, which should mark the joint low of waves (Z) in green and A in beige. From this range, the beige five-wave downward move should continue, layawaying along the boundaries of our pink triangular trend channel to finish the large wave (IV) in blue. This final overarching low should take the form of a truncation, i.e., a shortened correction, and initiate a new uptrend above $137.32. However, it is 30% likely that the blue wave alt.(IV) has already concluded, which would result in a direct breakout above the $137.32 mark.
GBPUSD ANALYSISGBPUSD will experience a brief retracement to the support level below after which we look forward to a continuous bullish move.
We can take advantage of the brief bearish retracement for a short time sell while looking for an overall bullish move.
Thank You
GBPJPY ANALYSISHey guys, here's my view on gbpjpy. I have a bearish bias and waiting for confirmation before taking my entry.
Do well to use good risk and when in good profit ensure to secure some and allow the trade to float to T.P
#Copper bearish move possibility
The price of copper has reached the upper boundary of a long-term bearish channel, which is currently acting as resistance. Additionally, the recent bullish move failed to break above the previous high, indicating that the bulls may be losing strength.
I'm looking for a minor bullish corrective move in this asset to potentially short it at a more favorable price level.
The bears are trying to take the lead.We are watching the price closely to see if it stays stable.
If it falls below 22 Aug bears candles (see on the chart) and stays there, it could be a problem. For now, I'm being cautious even though things seem positive overall and even too positive especially in option market.
#SPX intermarket analysisAs observed, the SPX and Copper have shown a strong positive correlation over the past few weeks, often forming tops and bottoms simultaneously.
Given that Copper recently failed to break above a long-term bearish channel upper line and has broken its structure to the downside, we might expect a similar move in the SPX.
However, when trading SPX based on this intermarket analysis, it's crucial to wait for a price confirmation in the SPX itself before taking any action.
Travelers: One last climbWe expect Travelers to continue its corrective rise in the form of the magenta wave (B) to just below resistance at $232.75 before a significant sell-off sets in. If, on the other hand, the price were to decline earlier and slip below the support at $200.40, our alternative scenario will come into play (35% likely). In this case, we will expect a lower low of the magenta-colored wave alt.(A).
Once again ready for going ALL TIME HIGHNSE:CHOLAFIN trade at 1440. Its Support is @ 1300 and Resistence is @ 1480
P/E Ratio - 32. Industry P/E - 18.90
You can watch for next Resistece @ 1800-1900
Chainlink: Take-off! LINK shot upward last week and was thus able to leave our turquoise Target Zone (between $8.20 and $10.90). We expect the turquoise wave 3 to lead above the resistance at $20.85. However, a renewed dive into our Zone within the internal substructure is quite conceivable in the short term, which is why we continue to keep it active.
Apple: Near the summitApple should be on the last meters of the turquoise wave B. As soon as the high is established, we expect a final sell-off. For the end of the corrective movement, we have added a magenta-colored Target Zone (between $192.02 and $172.34) to the chart. Investors could establish long positions there, with stops placed around 1% below the lower edge. With the low in place, we expect a rise above the resistance at $254.30. Should this level be broken earlier, our alternative scenario (34%) will come into play. This wave count sees the last local low as the low of the magenta wave alt.(2).
Gold going to take a small dip then buy!hello trader!
I am anticipating a minor correction due to the robust resistance at the 2517 - 2518 level. Following this, i expect a buying opportunity to emerge in the 2500 -2502 range. Let's monitor the market closely and adjust our strategies accordingly.
