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Only Positional Community (SEBI unregistered) Only for educational purpose. Do your own research and analysis before investing, consult your financial advisor before investing. @rohit_sahjani-NISM SERIES XV/@deepaknankani Admins
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This was shared well in advance. A pullback was already in place. 22300-22500. ✅✌🏻
🚨 #Gold Update – High RSI Alert! 🚨
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.
📉 Potential Correction: A pullback of 5-15% is likely until the Monthly RSI cools down. Buying here carries a poor risk-reward ratio.
⚠️ Avoid FOMO Buying! Entering at these levels can be risky. The market needs a healthy correction before offering a better entry.
✅ 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.
🔔 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.
#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.
