rohitkukreja

rohitkukreja

Hindustan Unilever Limited (HUL) has given a bullish breakout out of a symmetrical triangle. FMCG sector looks strong and with this breakout, we can expect price of HUL to go high in coming few days. Entry can be initiated at current market price. Stop Loss- Below 2523 Target- 2720 Let me know in the comments section if you want me to analyse any other...

rohitkukreja

The current market price of EURGBP is sitting at support area. Considering the previous Daily price action, the price is forming lower highs into the support area which means buyers are not strong enough and sellers are rejecting any jump in price. The current price actions is forming a DESCENDING TRIANGLE, which is a bearish pattern. But it will be activated only...

rohitkukreja

On Friday, 5 May 2023, Gold price got rejected from the All-time high levels of 2050-2070. The drop resulted in formation of a DAILY BEARISH ENGULFING CANDLESTICK PATTERN as well as an EVENING STAR CANDLESTICK PATTERN at the ATH resistance levels, which shows sellers are active at this level. Checking out previous price action, the GOLD Price is trading in a...

rohitkukreja

DXY or the Dollar Index, the index to measure the strength of Dollar is considered to be the king of all charts, as most of the financial instruments are very much correlated to the DXY. Not just forex markets but stocks, cryptos and even commodities are correlated to the Dollar. If DXY Falls-> Cryptos, Stocks, Commodities, Precious Metals and some Forex pairs...