Use this opportunity to buy...see the chart
If stays above 1430-1440 at least 30 min or EOD closes above on it…go long for 4400-4500
Reliance Industries has acquired 37.7 per cent stake in textile manufacturer Alok Industries Ltd for Rs 250 crore. indictor: VWP with ema.
Nifty: Monthly range 11350-10725 Weekly support 11050 resistance 11350/11475/11750 Daily support 11000/10850 resistance 11300 Hourly Butterfly at 11025, if it fails to hold then 10900 likely. Bank Nifty: 21000 crucial level for any attempt to bounce/reverse back for 22700 and above that rally till 23750-24000
Read the chart…and take ur decision
USD/INR to take decisive move to hold or break the key support level of 74.48 on or before Aug 10. Fundamentals indicate break of support level and to touch the next even stronger support at 73.54. Considering the factors like India's recent trade surplus, US elections and Dollar index in weak zone, if the level of 73.54 is broken, then the next support is at...
GOLD if it manages a MONTHLY "close above $1825" (all time high) it will activate probable targets of $1975 & $2075
Currently stuck in a box. Let's see where it breaks! 11380±(20) the ultimate resistance. Disclaimer:- your capital at risk. Consult with your financial advisor before do any action or do your own analysis research.
Decision points above 22800+ bullish or below 22400 negative. Let's wait and watch 😊 Disclaimer:- your capital at risk. Take your financial advisor advice before any action or do own analysis.
Reliance have reached whooping 1.75 times of the current falling range.. here reliance may face resistance..
In the above picture, you can see the area of the overbought area. but the Aroon didn't indicate that not a problem because TI and RSI indicate the overbought this is my idea: I use a different template in that TI indicates scalping and intraday trades. but it has a problem it can show the overbought. but it will not easy to understand so you can use ADX also...
1. Spot a breakout 2. Entry with the breakout 3. OR entry at the retest of the breakout Trade safe!
See the chart for target and SL