Mcx Gold currently at risk on fall,as resistance appears here on top.which form a double top n now market may react it as fall. Overall if market breaks this resistance ,it may go way beyond above 73000-74000+ Or else below Resistance (72200-72600),market will fall towards 70000.
Gold may shoot upside soon as never seen before.higher high ssems possible.market awaited one big news and bang...gold demand is soon skyrocketing. As per my analysis I can see it breaks records over record for new high. Technically,gold find support above $2477-2485.above it sets a new levels to achieve. On the other hand,gold next big tgt to achieve is...
Gold below all time high resisting itself from going above. It means market now correct itself if go below 2458 n might go for 2440-2400-2380-2360-2330. Although if market breaks upside than,gold will make a new high n go for $2500-2530-2580. Let's see.
Gold is consolidating towards short term buying,as rate cut optimisms and big rate cut possibility growing.
Gold make invert head n shoulder pattern n looks forward to retain $2348-2365 range.although,$2348-50 is strong resistance but if possibly it breaks $2348 & next $2365,it will return to bullish phase.lets see next week.
Currently silver reverse after touching current trendline n looking for correction. Also,if it is breaing up,we might witness another bull run. So, $30.130-29.560 expected in down. If breaks n go beyond trendline, Expected Tgt will be $31.04-31.690 .
Silver on a longer term indicating strong pullup from here. It just getting fuel for strong shoot upside. $23-25-27 are the tgt. Make sure not miss the flight. Best wishes.
Nifty here standing@support@22020, 38% fibbo. If breaks here it can go to 21880-21750-21540. If getting support here, might touch 22190 again. Overall selling chance higher.
Sensex at fibbo support@38.2, 72100,if it breaks, than it might go to 71700-71300-70780 respectively. Where again jumps shows in chart. On the other hand if Sensex finds support above 72100+, it might touch 72600+. Let's se.
Crude currently in a rangebound continues with its range which is 6100-6600. Last few days crude following exact same pattern. Now crude on a verge of selling here, as it appears to be on top of the pattern. A shoot above 6600 might trigger buying which can float to 6800-7000-7300. Below 6550-6600, crude is selling & might touch 6300-6200-6140. Hope this chart...
Gold now continues with its upside trajectory & waiting for a strong bullish move above $2080. Since rate hike ferry, gold never outline it's shine n since rates peaked at highest ever from last few decades, gold consistently consolidates around it's resistance near $2080. So now, what's next!!! Fed rate cut may soon giving a shot to bulls n gold soon create a...
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.