Pre-Open Stock Chart-2 #INDUSINDBK
Yesterday after giving Down-Trend, it has been settled in the zone 1326-1335 in last couple of hours. Multiple times it tried to break the range but fails every time.
If it is able to sustain below CZ Zone, it can easily go till 1320-1310 zone.
Buy Setup can be only initiated after break of trendline and CZ
I analysed this stock on wave counts based on a request from my friend. As per my wave counts this stock seems to be bottomed out at 83. Apart from wave counts, nice price action candles makes this stock a good investment candidate. A nice bullish DOJI followed by two bullish candles, all with high volumes in the weekly chart along with rsi divergence should...
Axis bank is consolidating around 730-734 price levels. Long can be taken around 730 with a stop loss at 695, for the target of 800.
Disclaimer- This is my personal view, please consult your financial advisor before investing.
NSE:NIFTY Immediate support zone@ 11110-11140
Immediate resistance zone @ 11700-11720
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As per the analysis, market in a neutral zone TOWARDS BEARISH SENTIMENT.
This SUPPORT & RESISTANCE works live and expect a reverse from RESISTANCE ZONE.
For 13th Friday , there will be a Shorting Opportunity from the Resistance.
SELL AT HIGH , BUY AT DIPS.
As per the analysis, market in a neutral zone, heading towards bearish sentiment
This SUPPORT & RESISTANCE works live and expect a bounce back to that levels.
For 10th Tuesday, there will be a Shorting Opportunity if market open and close BELOW 9th Monday Close.
Take ABOVE LEVELS AS RESISTANCE.
For 10th Tuesday , there will be a...
The 1-hour chart of USD/CHF indiacates that the pair is currently in downtrend.
The pair broke the support the 0.99366 and it made a sell off.
The pair is currently making a retracement of 61.8% and we expect the bears to return in the price zone of 0.99366 which can act as a resistance.
The day chart of GBP/AUD indicates that the pair is currently in downtrend.
The pair made a strong downside move and is now currently making a retracement(50%).
It also coincides with the strong resistance zone and the pair is currently facing resistance based on price action.
Hence it is a good time to initiate a short trade.
Moving in a parallel Channel, the prices are showing divergence. Incidentally prices are also in a Reversal Zone based on M_PL. It seems that stock is getting ready for an up move. Buy on closing above 348 with Stop loss of recent low or as per your risk taking capacity.
Disclaimer : All stock recommendations and comments are my personnel view. please take...