Market Trading Guide: Buy Friday Data Patterns and Finolex Cables for Short Term Profits

Nifty ended largely unchanged on Thursday as selling pressure on financial stocks dragged the markets despite buying trends in auto and consumer stocks. The index has consistently failed to regain the 21-EMA on the daily chart, showing a general lack of strength. Decoding the charts, Rupak De, Senior Technical Analyst at LKP Securities, said that […]

Solana Weekly Chart Spots Major Accumulation Zone as Fractal Pattern Reemerges – Blockonomi

TLDR: Solana has corrected 77% from the $295 peak, mirroring previous cycle retracement patterns. The $31-$48 zone corresponds to Fibonacci levels of 0.5 and 0.618 and the FVG demand. A breakdown below $31 could reveal a deeper retracement towards the $17 region. Fractal equation projects long-term goals between $500 and $1,000 if the cycle repeats. […]

Market Trading Guide: Buy Prime Focus and Marico on Friday for short-term gains of up to 9%. This is why

Nifty reversed its two-session winning trend to end lower on Thursday amid broad selling with financial, auto and IT sectors among the major laggards. The index closed below the 50 DMA for the third consecutive session.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said Nifty ended the session on a […]