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Only Positional Community (SEBI Unregistered) For educational purposes only. Views are personal. Do your own research before investing and consult your financial advisor. @rohit_sahjani @deepaknankani Admins
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π¨ #Gold Update β High RSI Alert! π¨
Gold is no longer a safe investment at current levels. The Monthly RSI has hit 83 for the second time, signaling extreme overbought conditions. Historically, such levels have led to corrections.
π Potential Correction: A pullback of 5-15% is likely until the Monthly RSI cools down. Buying here carries a poor risk-reward ratio.
β οΈ Avoid FOMO Buying! Entering at these levels can be risky. The market needs a healthy correction before offering a better entry.
β
Long-Term View: The overall uptrend remains intact, but this is not the right time to buy. Wait for a better setup with favorable risk-reward.
I won't be surprised for 1-2% move upside from here on. It only reflects manipulation and FOMO buying.
π Stay cautious & trade wisely!
#AADHARHFC
Good short term opportunity
PPC formation retest.
Demand levels 410-420
Weak if close below 379
Supply levels 550-580-600
Disclaimer:
This is not a buy or sell recommendation. We are an educational channel for analysing, learning & discussing general and generic information related to stocks, investments and strategies.
Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment. Do consult your financial advisor before trading or investing.
Higher prices can be used for tax loss harvesting. One can book at higher prices and can again re-enter those trades in pullback.
Repost from N/a
With #KICL other two trades showing super momentum π π
#KICL
Demand Zone 3600-4000
Weak if close below 3300
Supply Zone 5500-6500-8200
Disclaimer:
This is not a buy or sell recommendation. We are an educational channel for analysing, learning & discussing general and generic information related to stocks, investments and strategies.
Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment. Do consult your financial advisor before trading or investing.
Copper commodity is showing strong momentum and has already moved ahead, displaying relative strength. However, this strength has not yet been fully reflected in Hindustan Copperβs stock price, likely due to the recent correction in the equity market. As market conditions stabilize, Hindustan Copper is expected to catch up and factor in the commodityβs bullish trend soon.
β
HCL is at a critical support zone, making it an attractive buy for long-term gains.
β
A copper breakout above $5.05 will be the trigger for an upward move in HCL stock.
β
If copper enters a strong bull run ($6-$7+ per ton), HCL could retest all-time highs.
Accumulation around βΉ213-216 with targets of βΉ260, βΉ333, and βΉ400+.
Stop-loss: Close below βΉ199 to protect against false breakouts.
Confirmation needed: A weekly close above βΉ260 for strong upside momentum.
