Resistance at 43800 and buyer more active above 43800 only
Support at 43540 if open gap down may fall till 43300 and bounce back
If sustain above 43800 then may buyers can come till next reisitance 44000
As per trend analysis buyers are saving the falls but unable to make higher highs might today it can be CE buyers day!
note : Do your own analysis before...
I haven't been able to be active here lately, but I was tracking a few stocks which I knew were going going to come out with massive gains and this was one of them, I was thinking to recommend it around the levels of 560 but I just couldn't, but no worries stock still has a big upside due in the coming few weeks as mentioned on charts, a buy is strongly...
The counter AUDJPY is in the flat-top resistance line from 11th December. Yesterday the counter has broken out the resistance line and it is expected to move even more upwards. Therefore long is more suitable for this counter and the bullish trend is expected to start soon. The upward movement of the MACD curves gives additional support to the description.
The counter XAGUSD started travelling in an ascending channel from 10th July. The price movement is very aggressive for the past few days. Today the counter has made an entry in the bottom line of the channel at the price 19.91. It's the right time to go for long.
Place your limits between S1 and R1.
The USDCHF counter’s price broke the support line of the ascending triangle. The bullish trend has come to an end. Short is suitable for this counter because of the current market conditions. The bearish trend may prolong for a couple of days and the price is expected to fall till S1.
If the price retrace back to the support trend line then square off your short...
The counter is travelling in both support trend line and an accumulation phase from 28th June and 26th June respectively. We can still maintain long because the counter didn’t break the support trend line. The bullish trend still exists in this counter.
We can also go for a swing trade in the accumulation phase between the ranges 1.0715 to 1.0678. If the counter...
The counter was in a range bound from 21st May. Today the counter broke out the accumulation phase and it is expected to move upwards, so long is more preferable for the counter. The bullish trend expected to continue until this weekend.
While placing the order, kindly add your stop loss at the price 1704.13. Since the counter is in the peak value we cannot...
After completion of the Head and Shoulder pattern, the counter GBPJPY is experiencing a double bottom. A Double bottom is a strong chart pattern for a bullish trend. Today the counter broke out the peak price (136.00) of the double bottom and started moving upwards therefore long is more preferable for this counter.
The counter EURGBP looks to be forming a head and shoulder pattern between ranges of 0.9000 and 0.8878. We see the neck support of 0.8878 holding strong the third time today. We look to buy at ranges of 0.8878 and 0.8900, maintaining stops below the neck line of 0.8878 and testing to reach 0.8980 to 0.9000. We recommend this move only for a short term or for just...
