Costco Wholesale Corporation is currently reaching an all-time high and approaching a significant resistance level. It is poised for a potential breakout, so keep a close watch and wait for the price to convincingly surpass the resistance level before considering any action.
We observed a significant decrease in Nike's price-to-earnings (P/E) ratio from 78.6 to 21, representing a multiyear low between 2020 and the present. Nike's stock has declined by 60% from its historical peak, prompting observations regarding market irrationality in driving the company's P/E ratio to its lowest level since 2017. Consequently, purchasing Nike...
GMT/USD has failed to break out, leading to a price drop. You can capitalize on this by considering a short trade for a small target.
Keep an eye on the cryptocurrency SCA/USD (Scallop) as it strives to break out, with increasing volume. It's an opportunity you won't want to miss!
AXIS BANK has broken the short-term resistance level successfully. A small upmove may be seen from here.
SBI has reached the previous support level, which will now act as a crucial resistance level. It's a good time to enter a short position, or you can wait for further confirmation. Keep a close watch to seize the opportunity.
Based on the chart, investing at this level with ONGC is a strong opportunity as it has successfully rebounded from the 286 support level, which previously acted as a resistance level.
Gold is currently trading within a channel and is awaiting a breakout.
NIFTY 50 is currently finding support at the 24850 level. We can now consider entering a long position with a stop loss of 0.50% and a 1.00% profit target.
STATE BANK OF INDIA has just broken through the support level at 793 Rs. A short trade entry opportunity arises after a retest at 793-790. Additionally, Goldman Sachs has recently downgraded the stock.
Just a reminder to keep an eye on Coinbase Global's current trading price of $160. Last time we were at this price level, we saw a 7.30% gain in the stock. If it shows any bullish signs, such as a bullish candle, consider taking a long position. Set your stop loss at $150 and your take profit at $210.
"Waiting for a breakout, wait until the breakout occurs, and let the price sustain above it."
Suzlon is in the process of forming a descending triangle pattern, and we are eagerly anticipating a breakout.
FTM has surpassed the 0.40 level, indicating a potential opportunity to enter a short position after a retest.
BNB is currently retesting the $500 support level. We might see a possible bounce back from it.
Currently OLA is close to the 1st support level. If you are planning to invest here are some key support level to consider.
Ashok Leyland has just broken the all-time high resistance, we can plan for a long trade if it holds the 240 price level.
RELIANCE has returned to the support level of 3000. We should prepare for a long position if the price remains above 3000.