patients is key and critical, allow Monday pass bye and start gold trading on Tuesday for clear directional bias. on technical we have sell impulse leg ,which proves aggressive sell order at 2726-2721. at 2730 and 32 price might start buying which will invalidate sell projection. keep off come and come back Tuesday
Another e&p stock coming out of a big base. After false breakout it seems like it can perform well from here. So far it's lagging behind it's peers
After multiple rejections around 1975, INFY has given a strong Weekly candle, and has closed at ATH 1999.7 1720 can be considered as a good base, and it looks poised for a good move on the upside.
https://www.tradingview.com/x/fYB70Mtq/ Its in confusing state, should wait for clear directions to trade
The stock had recently made a Cup and Handle formation on its weekly chart, However, weekly closing has not been over 168, which indicates the fact that stock is likely to retraced till 143 level to get start for another rally towards its Cup and Handle formation target price of Rs. 176. Recently the HH was around 173. accumulation the stock between 143-155 levels is recommended. Once weekly closing is above 168, the stock is likely to test its resistance level around 198. If the stock is accumulated at an average price of 150ish, 32% gain can be expected if the stock tested its previous resistance at 198, breaking out 198 level would trigger the next resistance of 226. This movement is expected to be captured by the stock within next 12 months when the stock is likely to break its historical high of 304.75 Stop loss can be kept around 122
Bank Nifty previous weeks candle has closed positively with the formation of a Bullish Pin bar. The last trading session Daily candle closed again in a very Bullish manner signalling that Bulls have taken control in the immediate term. Similar to Nifty, I am expecting Bank Nifty to head towards 54,250 this week. In case of flat opening or gap down opening, BN will continue to be in Buyers territory as long as 52,620 holds. In case of a big gap up, I would advise taking fresh long position as 54,250 - 54,500 can be a strong resistance zone as BN approaches the All Time High zone. Those carrying overnight positions can book profits and exit around those levels and avoid being overly greedy!
https://www.tradingview.com/x/alt6eDQI/ ✅EUR_NZD is going up now But a strong resistance level is ahead at 1.8270 Thus I am expecting a pullback And a move down towards the target at 1.8200 SHORT? ✅Like and subscribe to never miss a new idea!✅
Breakout with high volume , W pattern, wait for the retest and then enter if risk reward if favorable. chemincal theme is bouncing back, slowly. education purpose only.
So the TSLA graph I just posted a bit ago doesn't flow like this one does in regards to cash flow and stock movements. It follows pretty well and gives you a good idea that agriculture is the place to be in coming months/year max. There is an idea that follows: You don't support those who actually make energy convertible into food- which fuels innovation...then all goes down. AI won't create farms...Electric tractors aren't even close to anything fantasy...and local operations in every state are going down. Find you local grower if possible and support them and get to know them...they will be shutdown by your neighbors when agri-prices explode and don't blame their Iphone purchases or over-leveraging in credit card debt...it's the dude with a shovel and a few cows or goats. Don't be dumb and put money where there is none...cause when societies collapse and stocks go down, govt must give money to the Tyson/ADM/Purdue/Conagra/General Mills of the world. Be smart and know there is more downside...then hop on if you think food matters. You can't eat gold or silver...but you will be first in line to get food from the dudes who actually have it and can create it..
Nifty previous weeks candle has closed positively with the formation of a Bullish Pin bar. The last trading session Daily candle closed again in a very Bullish manner signalling that Bulls have taken control in the immediate term. As I mentioned in my last update on Friday, I have taken Long position overnight and am expecting Nifty to head towards 24,200 in this weeks expiry. In case of flat opening or gap down opening, Nifty will continue to be in Buyers territory as long as 24,375 holds. In case of a big gap up, I would advise taking fresh long position as 24,180 - 24,250 can be a strong resistance zone. Those carrying overnight positions can book profits and exit around those levels and avoid being overly greedy!