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TATAGOLD Ltd. @ 7.08Sector: Miscellaneous The investment objective of the fund is to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking err. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. 52 Week High 7.80 52 Week Low 0.00 All Time High 7.80 All Time Low 6.00 Book Value Per Share 0.00 Dividend Yield: -- Sector PE 0.00 Face Value 0 Beta 0.02 Mkt Cap (Rs. Cr.) 0 RESISTANCE: 7.8 SUPPORTS: 6 Upside can be: 8.10, 9.5, 11, 13, 16+
NSE:TATAGOLD
by kacraj
1
ITBEES - INVERTED HEAD & SHOULDERThe ITBEES ETF is forming a Inverted Head & Shoulders pattern on the weekly chart and is currently developing the second shoulder. Given the potential in the Indian IT sector, there is a strong likelihood that ITBEES will move upward. After breaking the neckline, a retest is expected, followed by positive performance. ITBEES ETF is closely linked to the Nifty IT Index, which is also displaying a Inverted Head & Shoulders pattern on the weekly chart. I'll share the details of the IT Index chart separately. Takeaway Points: Identify patterns in the chart. Always determine the correct support and resistance levels. Decide your entry, exit, and stop loss (SL) before entering a trade. Consider making a 50-50% entry when a retest is expected. *For learning and educational purposes only, not an advice.
NSE:ITBEES
by SatpalS
FintechZoom QQQ Stock Price AnalysisThe QQQ stock has surged more than 8% from last Monday's lows, which were marred by panic selling due to the collapse of the Japanese stock market and fears of a U.S. recession. Does this rally signal that the fears have dissipated? Not necessarily. Currently, the price is hovering near a resistance zone formed by the median line of the channel (indicated in yellow) and the descending fan line. It's no surprise that the market is showing signs of uncertainty—it's not just about the release of inflation data; the actual CPI numbers came in close to analysts' expectations. Take a closer look at the April 1st candle—price dropped with little to no support, forming a wide-ranging candle with a close near the lows, a clear indication of weak demand at levels above $460. Analyzing the profile, it's evident that sellers were in control on April 1st, particularly around the $464.85 area. Today, QQQ found resistance at this very level. After the rally of over 8% from last Monday's lows, I anticipate that QQQ might experience a short-term correction. The low from Tuesday, which formed after a bullish gap relative to Monday's close on August 12th, is expected to act as a support level. Forecasts Analysts' forecasts for QQQ stock are varied. Some predict continued strength if the broader market stabilizes, while others expect potential pullbacks given the recent volatility and economic uncertainty. The consensus price targets range, with some seeing further upside potential and others cautioning about near-term resistance.
NASDAQ:QQQ
by supplyanddemandtrading