Shortterm
USDT.D Trends (Uptrend)-USDT.D uptrend to the midline channel & Resistance line.
-Probability of falling due to the resistance area in the RSI indicator.
Therefore the market is more likely to fall in the short term.
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice.
INDUSIND BANK - End of correction phaseThe stock has undergone a major correction of around 30% from the levels of 1242, hence it is possible that we see an upward movement again. The stock has moved above it previous support area and is heading in the right direction for bulls, however a hurdle in the range of 960-965 awaits to be crossed over for a move towards 1075 and then on to our target of 1130(main target) which could then see the stock making new highs probably. The analysis done mainly is in view of a long term plan, shot term investors can use this to book your profits as per your choice.
HDFCLIFE - Long view for Educational purpose onlyThe stock has moved above its major support area and is trading above the next support area of 674 levels.
We have a strong bullish candle on the daily time frame.
Kindly refer below mentioned trade details for study only.
BUY
ENTRY 700
STOP LOSS 691
TARGET 723
PROFIT 2556
LOSS 1000
QUANTITY 111
On the lower side
SELL
ENTRY 670
STOP LOSS 680
TARGET 639
PROFIT 3100
LOSS 1000
QUANTITY 100
XAUUSD SIDELINESAs gold went in to a deep discount last week, we stay on the sidelines and see if it wants to retrace higher as its in a large consolidation on a higher time frame. if gold wants to go lower we look at the black line where liquidity resides and go short to the level. But for now we wait for confirmation of direction.
I want to focus on three timframes2H: If the current level of 53466.2 $ fails our next support is at 50919.8 $ if this also fails as support we see the 40k area again!
2D: Still in an uptrend just got support at 38.2 FIB!
2W: Next significant bull target is to hold above 63342.4 $
Next significant bear target is to break 46728.0 $
🔔 Shall we go to get a good profit in AUDNZD?Hello everyone
It seems that we are still in the process of falling. Let's make a good profit together 😍
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
CRTX Cortexyme 51.19% of float shortedCRTX, Cortexyme, has one of the highest short floated in the market, 51.19%.
The only one with a higher short interest could be BKKT.
Price Target 1: $21.40
Price Target 2: $30.50
Stop loss: $10.50
Looking forward to read your opinion about it
GOLD - 1920 Target Confirmed, But Don't Chase PriceWe clearly underestimated this current upswing and did not expect gold to break 1835. We expected one more dip to 1770 level then a breakout to the upside follows. Yet market proved us wrong by breaking 1835 today and reaching as high as 1868 after unexpected CPI number came from the US. So we are back to the original plan with our bullish case for gold to 1920-1950 level by year end if you follow our tweets.
Gold surely has its eye on next target 1920 after breaking important resistance 1835. However, do not chase the price as it goes up really fast after shocking news. After digesting the shocking news, gold will probably temper down a little bit. Traders will take profit and big boys will shake out weak hands, the ones who chase the price up.
Technically, you can see gold is repeating its algorithm pattern in April. So we suspect that after this big up, gold will retrace back to 1820-1835 level before making its big upside move toward 1920-1930 level in the next 2,3 weeks.
We would prefer to buy dip. However, it is not a bad idea to short gold from resistance 1865-1875 back to the support level 1820-1835. Our recommend trade is to sell gold around 1865-1875 and target 1825-1835.