Everything is shining Gold, Silver, Nifty, Metals | CA Rachana Ranade
Published: 2024-04-11
Status:
Available
|
Analyzed
Published: 2024-04-11
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Camps has shown a cup and handle pattern breakout with strong volumes.
"I can see a cup and handle pattern here if I want to draw it um let me just quickly draw it so if you see here the cup and handle break out with amazing volumes"
Pending
Ramco Cements appears to have a failed cup and handle pattern, but exhibits a double bottom formation with a significant breakout on high volumes.
"here maybe cup and handle but this is a failed cup and handle what I can see instead is like a double bottom formation maybe uh this is like a double bottom not a textbook one I understand uh and here you can see nice breakout given directly with a big gap up and with crazy volumes"
Pending
D-Mart broke through a consolidation phase and hit its target in three consecutive sessions.
"this was the consolidation phase then right so this was to be broken and did it break this yes and one two three three state sessions back to back Target hit"
Pending
Dixon Technologies broke through a long-term resistance at 4,700 with a cup and handle pattern, leading to increased positions and back-to-back breakouts.
"it had seen a long time resistance long-term resistance around 4,700 level so it had resisted here once you can see see these are the drawings that I've made from the past right so there was a resistance here one two 3 4 and when it gave a cup plus it was accompanied with a cup and handle breakout this is where I had you know built up more positions I kept on adding it was giving breakouts back to back"
Pending
The speaker is explaining how to analyze Zomato's price action based on technical analysis.
"for Zomato as per technical analysis how can you actually see what happens with the price"
Pending
HDFC Bank shows a small cup and handle pattern but has a significant gap down that needs to be filled.
"it's a small cup and handle small nothing much in HDFC Bank to be honest right uh there was a big gap down and these gaps need to be filled"
Pending
Trent appears suitable for a swing trade, with expectations of good results and historical pre-earnings stock movements indicating potential returns of 10-20%.
"Trend looks good for a swing trade stock has been consolidating it is is expected to show good results if you check last few earnings date movement of the stock it has given approximately 10 to 20% return"
Pending
Historically, Trent's stock has shown positive movement on and immediately after earnings announcements, with significant gains observed in previous instances.
"last time earnings were around okay so this was the earning day and on the day of earning as well as immediate next day it has seen good green candles this is the previous one so this was like 8% up followed by again 1% up so almost 9% up on the day of earning and immediately after that so this is again the day of earning with 4% up followed by another 6% up very nice very nice observation"
Pending
Tata Power and Tata Chemicals are being considered for future research and analysis on the channel.
"Tata power Tata chemicals is what we are also planning to do as uh some research and then we will put it up on our channel"
Pending
Tata Steel's long-term trend line was broken, indicating a potential upward movement, which has since resulted in a price increase from 128 to 153.
"if you have seen my video previous month's video and I had said that this trend line is broken there is a chance that it might go up when I did that video it was around 128 today it is at 153"
Pending
JSW Steel has overcome multiple resistances and is currently showing strength on the weekly chart, taking support effectively over the past few weeks.
"jsw Ste Al similar point a resistance 1 2 3 4 five six times resistance came below this again now it is taking nice support this is again a weekly time frame almost last one two three four weeks back to back it is showing some strength"
Pending
Hindalco has broken a prior resistance line, retested it, and is now breaking out of a second resistance level, showing positive price action.
"hindalco again same did see a a resistance here came down resistance resistance so this was also one line of resistance which was broken it did see a retest bouncing the second level of resistance is just being broken out"
Pending
Tata Steel's stock price has risen from 128 to 153 following a predicted breakout of its long-term trend line.
"if you have seen my video previous month's video and I had said that this trend line is broken there is a chance that it might go up when I did that video it was around 128 today it is at 153"
Pending
JSW Steel is exhibiting strength on the weekly chart, having overcome multiple resistances and currently finding good support.
"jsw Ste Al similar point a resistance 1 2 3 4 five six times resistance came below this again now it is taking nice support this is again a weekly time frame almost last one two three four weeks back to back it is showing some strength"
Pending
Hindalco has broken through a resistance level, retested it, and is now breaking out of a second resistance level.
"hindalco again same did see a a resistance here came down resistance resistance so this was also one line of resistance which was broken it did see a retest bouncing the second level of resistance is just being broken out"
Pending
The speaker believes the rally in gold is not over.
"for those people who see who feel that gold rally is over I don't think so"
Pending
Silver has broken out of a resistance level on the weekly chart, suggesting potential further upside.
"it has it had been seeing a lot of resistance at this level and finally it has given a breakout this is a weekly chart pattern barely two weeks ago it has it has given this nice breakout really interesting to see where silver goes"
Pending
The ratio of CNX Metal to Nifty crossing a certain line indicates a high probability of the metals sector outperforming the broader Nifty index.
"if this crosses this line then there is a great chance that Metals May outperform Nifty"
Pending
Analysts expect a 5% growth in the metals sector in the upcoming second quarter.
"analysts expected growth to pick up by 5% in the second quarter"
Pending
A potential US interest rate cut could lead to cheaper loans, stimulating manufacturing activity and positively impacting the metals sector.
"if US starts cutting down rates loans are going to be cheaper if loans are cheaper overall manufacturing activity become goes a little bit higher"
Pending
Tata Steel has broken out of a resistance level, retested it, and is now bouncing, indicating positive technical momentum.
"it did see a choke point here tried to hit this point again one more time it has broken out seen so breakout retest and it is bouncing again"
Pending
JSW Steel has broken through multiple resistance levels and is now taking support on the weekly timeframe, showing strength over the past few weeks.
"resistance 1 2 3 4 five six times resistance came below this again now it is taking nice support this is again a weekly time frame almost last one two three four weeks back to back it is showing some strength"
Pending
Hindalco has broken a previous resistance line, retested it, and is now breaking out of a second resistance level.
"resistance resistance so this was also one line of resistance which was broken it did see a retest bouncing the second level of resistance is just being broken out"
Pending
The speaker believes the rally in gold is not over.
"for those people who see who feel that gold rally is over I don't think so"
Pending
Silver has broken out of a resistance level on the weekly chart, suggesting potential further upside.
"it has it had been seeing a lot of resistance at this level and finally it has given a breakout this is a weekly chart pattern barely two weeks ago it has it has given this nice breakout really interesting to see where silver goes"
Pending
The ratio of CNX Metal to Nifty crossing a certain line indicates a high probability of the metals sector outperforming the broader Nifty index.
"if this crosses this line then there is a great chance that Metals May outperform Nifty"
Pending
Analysts expect a 5% growth in the metals sector in the upcoming second quarter.
"analysts expected growth to pick up by 5% in the second quarter"
Pending
A potential US interest rate cut could lead to cheaper loans, stimulating manufacturing activity and positively impacting the metals sector.
"if US starts cutting down rates loans are going to be cheaper if loans are cheaper overall manufacturing activity become goes a little bit higher"
Pending
Tata Steel has broken out of a resistance level, retested it, and is now bouncing, indicating positive technical momentum.
"it did see a choke point here tried to hit this point again one more time it has broken out seen so breakout retest and it is bouncing again"
Pending
JSW Steel has broken through multiple resistance levels and is now taking support on the weekly timeframe, showing strength over the past few weeks.
"resistance 1 2 3 4 five six times resistance came below this again now it is taking nice support this is again a weekly time frame almost last one two three four weeks back to back it is showing some strength"
Pending
Hindalco has broken a previous resistance line, retested it, and is now breaking out of a second resistance level.
"resistance resistance so this was also one line of resistance which was broken it did see a retest bouncing the second level of resistance is just being broken out"
Pending
Zomato has formed a nice consolidation followed by a breakout, showing higher highs and a rounding bottom pattern on the weekly chart, indicating a positive technical outlook.
"a nice consolidation was being done here I'm just going to extend this and boom nice breakout if you can see here high and it is on a higher high and again on a higher high breakout retest bounce fantastic very nice structure and even if you see I'm just want to pull out the weekly chart also if you see here it's more of a nice rounding bottom that has happened for Zomato"
Pending
IRFC is currently testing resistance at the 38.2% Fibonacci level and needs to close above 150 to see fresh upside momentum.
"it is struggling at 38.2% so it is testing that resistance and ideally it should clear this resistance close above this then it will see some fresh air okay so keep an eye for closure above 150 for irfc"
Pending
D-Mart's target has been met, and the stock may face resistance or 'choke points' in the current area due to historical price behavior.
"my target for dmart has been hit temporarily I think that there are great chances that it may see some choke points here because even if you see in the past this is a zone of choking for demart so it would be interesting to see how it performs from here but I feel somehow that it should see some sort of pain around this area"
Pending
Dixon Technologies is in a 'blue sky zone' with no immediate signs of reversal, suggesting continued upward potential even after meeting its previous target.
"Dixon is in Blue Sky Zone it's just going uper in the air can't see any signs of reversal so don't see any reason why I should be selling this off even though the target was met still it is going stronger and stronger and stronger"
Pending
Geo Finance has significant long-term potential.
"there is a big big big potential in that stock if you are thinking about that stock from the long term"
Pending
Polyplex is finding strong long-term support at a historically significant level, previously acting as resistance.
"it has now started to stay above that and this was like a pretty pretty old line that I have drawn where this was a resistance this was a resistance resistance resistance that it started acting like a support in marati we call this as a donger like a mountain correct so ideally it should see some good support here right here should not ideally go below this this is like a solid long-term support for the stock"
Pending
IRA has broken the 0.5 Fibonacci level and needs to sustain above 150.
"it is it just broke the 0.5 but again it will be interesting to see whether it is able to sustain the 150 level"
Pending
Gold has formed and broken out of a cup and handle pattern.
"there was a nice cup and handle pattern for gold and here you can see it has in fact just given a breakout"
Pending
Silver's demand is expected to increase due to its use in solar panels and the automotive industry.
"silver is required for solar panels as well some photo photo voltech for solar panels"
Pending
The upcoming Q2 data is expected to be favorable for the metals sector.
"it is expected that the coming quarter data okay for us it'll be like the Q2 data as per the calendar year that can be expected to be a good one"
Pending
Gold has exhibited a cup and handle pattern breakout.
"there was a nice cup and handle pattern for gold and here you can see it has in fact just given a breakout"
Pending
Silver has achieved a breakout from a resistance level on its weekly chart pattern, indicating a potentially bullish outlook.
"it has it had been seeing a lot of resistance at this level and finally it has given a breakout this is a weekly chart pattern barely two weeks ago it has it has given this nice breakout really interesting to see where silver goes"
Pending
Analysts project a 5% growth for the metals sector in the upcoming second quarter.
"analysts expected growth to pick up by 5% in the second quarter"
Pending
A potential reduction in US interest rates could lead to more affordable borrowing, stimulating manufacturing activity and benefiting the metals sector.
"if US starts cutting down rates loans are going to be cheaper if loans are cheaper overall manufacturing activity become goes a little bit higher"
Pending