DrAnandM

DrAnandM

2700 2750 could see some Decent profit booking for Gold, as it would mark the end of Impulse wave 5 of This Elliott that started at 1600.

DrAnandM

As mentioned in previous Analysis, support taken from 2370 If Gold sustains above 2450 2500 Short term 2700 could be tested Longer term 3000 could be tested Rationale: Support taken from 1. Fib 0.23 retracement of the rally from 1986 to 2450 2. DEMA 50 Bullish Flag Breakout

DrAnandM

Bajaj Finance has been Rangebound for 3 years now.. 6150 is crucial zone If Respected, then possibly 8000 zone could be tested If broken, then 5700 zone could be tested which may see a Sharp Bounce since it's a Demand Zone, pending a retest, taking to 8000 Zone again.

DrAnandM Updated 

2000 2008 And now 2025 Nifty is expected to witness decent Profit booking in the Year 2025. Sit on at least 50% Cash to be prepared for the Crash! 17000 to 18000 Levels could be tested if History is to repeat itself. Theory behind this Possibility playing out: Every time Fed has started QE, Stocks have corrected by around 50 to 60 %. Be it 2000 or...

DrAnandM Updated 

Since I've been grounded for posting frequent updates, by the Mods, My Analysis updates won't be frequent like before. Yeilding to the request of many. I'll continue to post weekly analysis. Crucial zones have been marked. Trade accordingly. See you outside these zones Happy Weekend 👍

DrAnandM Updated 

2405 immediate support 2370 Major And Crucial Zone Make or Break If respected, then 2425 2435 could be tested If Broken, then 2335 Zone could be tested Rest of the analysis on daily basis 🙏😇

DrAnandM Updated 

2410 2420 zone is going to be Crucial.. Bears may cover above this zone. Bulls will Show Strength above the Supply Zone 2700 Zone could be tested on sustaining above 2500 2200 Zone could be tested on sustaining below 2300 Between 2300 to 2500 is going to be consolidation. Rest of updates on daiiy basis

DrAnandM Updated 

Friday's Sell Off Definitely Suggests that Neither Central Banks nor China nor any other retailer is interested in buying Gold at such high valuation. Picture is getting Clearer. One May look for Selling Opportunity around the Supply Zone. Gold looks set to test 2200 Zone. Bullishness Only above 2380. Below 2380, Bears are going to be under Control. Bulls...

DrAnandM Updated 

2335 to 2290 Is going to be a Crucial Zone. If Respected, 2 Possible Scenarios Green - 2466 Zone could be tested Yellow - Some more consolidation before the Next Lower Low around 2170 If Broken 1 Possible Scenario Red - 2220 Zone could be tested.

DrAnandM Updated 

Possible Scenarios and Levels to watch for in coming days.. 2350 if respected, more Bullishness is possible If broken, then 2300 zone will be next zone to provide some support. Which again if respected, then consolidation may continue. If 2300 also broken, then Decent selling will be more aggressive. Where By 2250 2200 2150 could be tested.

DrAnandM Updated 

With Increasing size of Candles, And Rising Volume. Gold seems to be prepared for 2550 2600 zone. 2565 to be precise.

DrAnandM Updated 

2400 is going to be the Ultimate Zone, that could be Decisive. Above 2400, 2500+ could be tested.. Below 2400, 2300 2250 zones could be tested

DrAnandM

If Starts to sustain above 2400, then 2500 2550 is possible.

DrAnandM Updated 

2400 is going to be the zone. If respected, then we might test 2250 zone. If Broken, then 2530 2560 Could be tested. Rest of the analysis on daily basis

DrAnandM Updated 

2345 Is Going to be the Zone. If Respected Then 2230 Zone or 2265 Zone could be tested in Coming Weeks.. If Broken Then 2395 Zone could be tested in Coming Weeks.. 3 Possible Scenarios Planned Out.. A - Green B - Yellow C - Red In terms of Probability B>C>A This Looks More Likely. Share Your Thoughts in Comments section.

DrAnandM Updated 

2345 is going to be the zone If Respected, then 2265 Zone 2230 Zone Could be tested. If Broken, then 2295 Zone Could be tested. 3 Possible Scenarios Planned Out A - Green B - Yellow C - Red In terms of Probability B>C>A This looks more likely. Share Your Thoughts in Comments Section.

DrAnandM Updated 

Gold might continue to consolidate before next trending move. Range is Huge. Even Consolidation may provide decent Trading opportunities. 2330 is again going to be the crucial zone Below 2330, 2275 zone could be tested If 2330 is respected, 2390 zone could be tested. Rest Of the Analysis on Daily Basis

DrAnandM Updated 

2360 is going to be the zone.. If respected, Possibly 2480 2530 open up If Broken, Possibly 2300 2250 Open Up.. Rest of the analysis on daily basis