IRCTC has recently approached a significant multi-year support level at 768. This level has proven to be a reliable support point in both 2020 and 2023, indicating its importance for investors and traders alike. Currently, although we are observing a short-term downtrend in the stock's price, there is a potential turning point in sight. If the price manages to break above the established trendline and maintains that elevated position, it could signal a promising buying opportunity. This scenario would be reinforced by two key confirmations: first, the reaffirmation of the multi-year support at 768, which historically has provided a cushion against further declines; and second, the breakout above the trendline, suggesting a potential shift in momentum. Thus, careful monitoring of these levels may provide strategic entry points for investment.
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) regains upward momentum after a brief pause, climbing to $2,777 during the Asian session on Friday, marking its highest level since October 31. Concerns over US President Donald Trump's trade policies potentially sparking trade wars and increasing market volatility continue to fuel demand for the safe-haven metal. Additionally, expectations of further interest rate cuts by the Federal Reserve (Fed) weigh on the US Dollar (USD), pushing it closer to a monthly low and supporting the non-yielding yellow metal. Trump's recent comments, expressing a preference to avoid imposing tariffs on China, have slightly boosted global risk sentiment but have not diminished the positive outlook for Gold. However, mildly overbought conditions on short-term charts may limit fresh bullish positions on XAU/USD in the near term. Even so, the metal is set for strong weekly gains and edges closer to its all-time high near $2,790, reached in October. ⭐️Personal comments NOVA: Market optimism - expect new ATH coming to surpass 2788 ⭐️SET UP GOLD PRICE: ?BUY GOLD zone: $2723 - $2725 SL $2718 TP1: $2735 TP2: $2742 TP3: $2750 ?SELL GOLD zone: $2788 - $2790 SL $2793 scalping TP1: $2784 TP2: $2778 TP3: $2770 ?SELL GOLD zone: $2800 - $2798 SL $2805 TP1: $2790 TP2: $2780 TP3: $2770 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
The price is testing the resistance zone. ? Targets if breakout occurs: 1️⃣ First Target: Green line 2️⃣ Second Target: Blue line
DOGE Doge coin 24hr potterboxes with a channel going up. it looks like a slow move up. this is what I have come up with . looks like a good time to load up for another push up. or it could keep going down and make up the empty space to the left. I marked it.. but it will probably bounce off of the floor. .31110. like it's done before. And we could be making a small base going sideways. we will keep a eye on it. Happy Trading
FX:XAUUSD The bulls are strong on gold and further upside more likely to end off week. If bulls hold above 2760, bullish prevails. Otherwise, possible reversal to the downside.
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MES1!/ES1! Day Trade ? for 01/24/25 ? 6190.25 (NEXT LEVELS: 6166.25, 6220) ? 6094.75 (NEXT LEVELS: 6115, 6075.5, 6065.25) *The target levels have experienced some discrepancies over the past few days, prompting adjustments to enhance accuracy. We are highly confident in the revised target levels for tomorrow, Friday, the 24th. Thanks!* Like and share for more daily ES/NQ levels ????? *These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
My overall bias for Solana is bullish. The chart looks really good for the bull in the higher time frames such as monthly, weekly and 5D. I am considering to open a long position for swing trade and for that I us two time frames - daily for confirmation and 4H to identify an entry area. Daily chart: I use daily MACD to identify the general sentiment of the asset. If MACD is above 0, it is bullish. If it is below 0, it is bearish. Currently MACD is fully in the bull zone so I intend to open a long position. But it is the daily stochastic that gives me a signal the bullish momentum is on. Currently stochastic lines are pointing downwards. So, even though daily MACD is bullish, daily stochastic is not giving me a signal to go to the lower time frame to start looking for a long entry. I need to wait for the stochastic to reset and start to move to the upside. 4H chart: MACD lines need to properly cross and point upwards. RSI needs to stay above 50. Stochastics is not in the overbought territory. If stochastics is already in the overbought territory, it might go through a minor correction, so it is worthwhile for 4H stochastic to reset. If the conditions above meet, I will open a position for swing trade. I don't usually use leverage. Occasionally I use 2x leverage. The market is very choppy and I think market makers are out for liquidy hunting. I personally don't think it is worth trading with high leverage unless you are a very skilled trader.
Nifty has completed time correction where A=C once nifty closing above 23500 , one could go long with stop of 23000
Description: Expecting upward movement on USDMXN with a target set at 20.37257. This trade has a 12-hour expiration, with a deadline set for Fri, Jan 24, 08:30 UTC. ? Trade Details: Entry: 20.32155 Target: 20.37257 Time Horizon: 12 hours No Stop Loss: Expiration-based trade. Let's watch the price action and aim for the target. ?