Silver is again on a verge of breakout. It is consolidating near strong resistance which was created after year 2011 fall. This line never been breaks since than. Now after continues rate cut worries, silver might shoot to upside & this time, it may fly to it's highest peak. It is believed that silver may soon overshadow it's previous path n gold.actual figure...
Hdfc bank showing backbone here n may push itself for an upside which can soon cross 1500-1600-1700 from here. Strong economic data will also help. Rupee going to get benefit from dollar as rate cut in 2nd half of the year will definitely boost growing economy. expecting 25-35% gain in coming months. Which is 400-500+ pts upside. Let's see.
Gold continues within tight range but seems breaks triangle pattern.(bullish sign) After powell insignificant talk of rate cuts(in a mid n yes/no talk) gold following same pattern n might wait for a breakthrough by any big shock. Chart showing wait n watch conditions. So let's see which side it go. Overall if rate cut not possible in near term than that's a...
Gold continues within tight range triangle pattern. After powell insignificant talk of rate cuts(in a mid n yes/no talk) gold following same pattern n might wait for a breakthrough by any big shock. Chart showing wait n watch conditions. So let's see which side it go. Overall if rate cut not possible in near term than that's a bearish for market but nowadays...
Nifty fut still in a danger zone, although from previous low it contain it's slide n try to holding ground. Very much possibility is nifty will continues its buying side above 21710 if crosses n might touch 21860-21940-22030.these r strong resistance to break. If not breaks above than go below 21710 to next support 21510-21300-21060. 21060 is strong support zone...
Nifty finds support here n if calcultion is right, it will go beyond 22000+ very soon. If breaks below 740,selling triggered n we might see 21300 anytime. Currently I'm bullish above 740+
Banknifty on a neutral zone, can be upside from here or if resist below 48100,can touch down side tgt.
Infosys stocks making flag pattern that too soon break n will go beyond tgt 1660-1740 plus. As nifty also breaking all it's resistance n it might touch 22000 anytime sooner.
Dxy may soon find support here at 78% fibbo support, after continious selling force, soon bulls may take charge around $101-100. Keep watching.
Gold currently consolidate around 50% fibbo level, n profit booking might start. If breaks n go beyond $1940,it might go to 1963-1999 level. Or else if not breaking 1940 will go for 1920-1912 or below. Let's see.
Auropharma sell entry@1004-1024, SL 1034, Tp1:- 990 Tp2:- 975 Tp3:- 960 Tp4:- 940
Nifty currently hovering at all time high n it needs to be some profit taking move on next week if not that North direction continues but, If correction takes place, nifty needs to break 20900 first to enter at good short position. Entry :- 20900 Tp¹:- 20570 Tp²:- 20240 Tp³:- 19980
Gold is on correction, current sell order seems to touch $1993-1978-1930. If sustain above 2010 next week, will get a jump from here to go for new ride to the moon.
Dxy currently find support here n consolidating before making upside move. Oversold territory push Dxy higher.
Gold expecting $2025 to resist or go beyond. It's trend might reverse here at $2025 or if sustain here, it will go beyond $2050-2080. All shown in image. Let's see.
Silver breakout from a long running trend n now grows towards 25.6 to 27 levels. Image showing how. Best of luck.
Gold continues its upside story as betting on no more rate hikes by fed for a longer runs giving support for gold. Also technically market shows upside potential intact with it n breakout conditions might fuel it upward trajectory higher high. Current resistance stay above $2080 or recent high which we can expect it to be breaks in coming year 2024.(or sooner)...
Hdfc currently lopsing it's stream n selling occurred. Sell 1414,tgt 1410-1405-1400