EURAUD ANALYSIS JANUARY 2021

WEEKEND ANALYSIS 16-Jan-2021

CMP: 1.5677; RES: 1.6827
Based on weekly chart, as long as 1.6827 resists, we will see 1.5388, 1.4500, 1.3896, 1.3050, 1.2175.

Based on H4 chart,
Res: 1.6121/1.6421/1.6827
As long as the aove resistances hold, we will see 1.5727(done)-1.5560, 1.5297-1.5195, 1.5034-1.4830
Best Sell Entry: 1.5889-1.5990, SL 1.6121.

ANALYSIS 09-JAN-2021

Based on Daily chart,
CMP: 1.5737; RES: 1.6421/1.6827

As long as these resistances holds,
We can see 1.5555, 1.5388, 1.5180, 1.4500


Based on H4 chart,
Res: 1.6121/1.6418/1.6827

If these resistance levels hold,
We can see 1.5713 (almost done), 1.5547, 1.5444, 1.5277, 1.5174, 1.5008

EQUITY: NSE: ACC ANALYSIS JANUARY 2021

ANALYSIS 07-JAN-2021

CMP 1704; RES: 1874; SUP: 1281
Break of 1875, we will see 2003, 2199,2281 and 2700+

This is one of my favorite scrip. calling for buy from 1100-1200 levels and now it is trading above 1700.

https://www.tradingview.com/chart/ACC/nFuJwzQI-ACC-Analysis-07-Jan-2021/

INDEX: CNXIT ANALYSIS January 2021

Analysis 07-Jan-2021

Below 25128, we can see deep correction.

https://www.tradingview.com/chart/CNXIT/1JnkF6aV-CNXIT-TOPPING-OUT/

USDCAD ANALAYSIS January 2021

ANALYSIS 29-JAN-2021

Bigger Picture of USDCAD.

ANALYSIS 26-Jan-2021

Above 1.2779, we can see 1.2823-1.2837-1.2844, 1.2872-1.2893...

Supports: 1.2732/1.2686.

Analysis 22-Jan-2021

Done min target at 1.2639/29 and made low 1.2589.

Above 1.2800, we can see bull move towards 1.3, 1.35.

Previous analysis applies, extension can be 1.2357.

Analysis 06-Jan-2021 

CMP: 1.2666; Sup: 1.2621; Res: 1.2955/1.3389
Normal target for this down move done at 1.2629
Extension can be 1.2357.

As per my view reversal/bottoming is in progress.

Let us see how this progresses.

EQUITY:ITC LTD ANALYSIS January 2021

05-Jan-2021

CMP: 211; SUP: 160

As long as 160 holds support,
We will see 237-255 first.

Further targets: 284-295, 313, 338, 360...

SILVER/XAGUSD Analysis January 2021

ANALYSIS 29-Jan-2021

CMP: 26.381; RES: 28.28/29.85

Based on Daily chart, as long as the above resistances hold,

we can see 

1. 23.168-22.875-22.377

2. 20.836-20.285-9.72

3. 18.585-17.786-16.967.

Reversal 1st target 29.844

ANALYSIS 26-Jan-2021

CMP: 25.322; RES: 26.05/27.91/29.89

Below 24.13, we can see 22.85, 19.72, 17.8

Analysis 22-Jan-2021

CMP: 25.49; Res: 26.05/27.91
Downisde targets: 24.67, 23.83, 22.49.

ANALYSIS 18-Jan-2021 

CMP: 24.986; RES: 27.913; SUP: 24.13
If 24.13 supports we can see 25.03, 25.58, 26.02, 26.47, 26.80...

WEEKEND Analysis 16-Jan-2021

CMP: 24.756; RES: 27.914; 29.844; SUP: 24.326/21.65
SMALL RES: 25.883
As long as the above resistances hold, we can see 22.85, 22.12, 21.65, 20.757, 19.72, 18.585, 17.786.

ANALYSIS 08-Jan-2021

CMP: 27.02; Res: 27.35/27.89; Sup: 26.89

Break of 26.89, we can see 26.55, 26.23, 26.03, 25.71 

 

ANALYSIS 5-Jan-2021

CMP: 27.32;Res: 29.85; Sup: 21.61
Silver is trading in a range between 21.6-29.85.

As long it is in this range, we can see more complex correction.
Upside target zone for this up move is 27.27-27.91. Silver is already trading in the target zone.

Any break of 26.21, we can see more fall.

There are two scenarios I am watching as of now.
1. Triangle and takes support of 21.61 n big rise.
2. If break of 21.61, we can see 19.7/17.

GOLD/XAUUSD ANALYSIS January 2021

BIGGER PICTURE

ANALYSIS 29-JAN-2021

UPDATE 3: RANGE BREAK NEEDED 1864.5/1834.5

UPDATE 2:

Based on 5/15m chart, Below 1842, we can see 1830, 1822/15 n more...

UPDATE 1:

CMP: 1842; RES: 1878/1965; SUP: 1804

Based on Daily chart,

As long as the above resistances hold, we can see 1739/1677 and extension 1600/1559.

ANALYSIS 27-JAN-2021

BULL or BEAR?

ANALYSIS 26-Jan-2021 BULL or BEAR?

CMP: 1861; SUP: 1804; RES: 1960
The range is big now.
Above 1875, we will see 1881-1885, 1897-1900, 1913...
Break of 1804, we will see 1765, 1721, 1685.

ANALYSIS 25-Jan-2021

CMP: 1862.x; SUP: 1849/37/1804; RES: 1875
If Gold supported by the above levels, we can see 1872-77, 1881, 1885-89, 1899, 1907, 1913, 1924.

Gold need a break of 1875 for next bull move. 

BIGGER PICTURE GOLD 23-Jan-2021 BULL or BEAR?

CMP: 1855; RES: 2076; SUP:1375
There are 3 alternatives as of now. Let us wait and watch how GOLD is going to take it's path.

ANALYSIS 20-Jan-2021

ANALYSIS 19-Jan-2021 - BULL or BEAR?

CMP: 1837.x; RES: 1844; SUP: 1829/1804

After making high 1840.x, Gold is making complex moves.

Primary scenario: Bear; Res: 1844

If 1844 resists, we can see 1833/1830.

Alternative Scenario: Bull; Sup: 1829/1804

Above 1844, we will see 1851, 1865, 1874, 1881, 1891

 

ANALYSIS 18-Jan-2021

 Update 2:

PRIMARY SCENARIO for NOW:
As long as 1839/1841 holds resistance, we can see 1878-1826, 1820-1815.

ALTERNATE SCENARIO:
Direct break of 1841, we can see 1862-1866, 1874-81, 1900.

Note: min target on the upside done at 1840. Further targets 1863, 1881, 1900 as per my morning analysis.

Update 1:

If Gold supported by 1803, we can see corrective move to the upside towards 1840, 1863, 1881, 1900 .

Update 3: Best buy level updated. Analysis based on 1Min chart

 

Update 2: Target zones updated.

Update 1:

WEEKEND Analysis 16-Jan-2021 - BULL or BEAR?

Primary: Bearish Scenario

CMP: 1828; RES:1865/1959/2076; SUP: 1763

As long as 1959 holds resistance, we will see more down side.

Small resistance is at 1865.

Downside target zones:

1785-1733

Target Zone 1: 1741-1680

1684-1598

Target Zone 2: 1657-1575

extension 1530.

Small targets:  1783-1767, 1741-1733, 1705, 1684-1680, 1657-1649, 1599-1575, 1530.

Alternate Scenario: Bullish

ANALYSIS 09-Jan-2021

Are we going down more?

ANALYSIS 04-Jan-2021

CMP: 1932; Small res: 1937; Sup: 1855
Gold has broken multi month resistance trendline (form July 2020)

As long as 1885/1855 holds support, I expect more upside towards 1956 min target.
Upside targets by levels: 1929, 1942, 1956-1963, 1976, 1984, 1996-2014.