From my humble fully-technical perspective, I see double mountains appearing in a bearish trend for EURUSD. From my fundamental perspective, US Manufacturing PMI was 1 entire point lower than expected but European markets decreased due to new surprise US tariffs on Argentina and Brazil markets. US doesn't abandon trade war, that's why I think EURUSD will form a...
As discussed on last post BNF was showing signs of strength and we opted for long options for swing trading, we have hit out tgts and now closed out longs.
From here on we may see some retracments, we are opting to stay neutral until positional trend change presents itself to us, if that doesn't happen we will enter longs again.
Declining RSI and other Tech analysis shows that Tata motors will have sell off pressure in the coming days, Short CMP and add stop Loss of 180 for any reversal, Expected targets - 163, 157 and 140 Shortly
As discussed last time, BNF is showing strong intent, although today was rather dull but expect it to ride this series off with some gains. We are still intending to short on next series but there not yet signals for that, so we are riding off the rally.
We had losses on our intra day shorts but as soon as range was broken on upside we were able to long both index, there is still more up move we are expecting so we are planning to continue looking for bullish moves to capitalize till we get back into dried out volatility situation.
Like discussed there was some stimulating news from government for banks "Govt...
Like discussed in last post, we are getting signals of weakness in both index, it is better to short intraday or shorter time frame till we get positional signal but at the moment both index are not showing sign of much movement. This reduced volatility is not good, unless there is some +Ve news markets will have hard time moving up, usually this is the time...
THIS STOCK IS NOT IN A DECISION FOR LONG OR SHORT. STOCK IS GOING SIDE WAYS. STRICTLY FOLLOW THESE LEVELS. AFTER BREAKING THIS SUPPORT AND RESISTANCE STOCK CAN GIVE MA MOVE.
COMMENT IF ANY QUERY FOR THE SAME.
Its been while, but BNF is looking at a little bit of crossroads, I would wait for right opportunity to short as we are nearing holiday month for FII. On intraday bases one can take little risk and short below last 30 min candle and positional short below 30500 level aprox, above that market might stay in range as above levels are not held and would end up just...
