top result better then icici security
USDINR was in a downtrend with Lower highs and Lower Lows However, today it formed a hammer at the bottom in daily time frame, which could be a bullish reversal sign Also, in hourly time frame we can see, it is changing its DOW theory. If it breaks the bullish flag, more upside possible. 1st target 73.32 / 73.40 else I will wait for bearish bet below 73. till then...
The stock has taken support at 1400 and moves upward, we can expect a new trend to start, or else we can expect dow theory or double bottom
BUY ABOVE 33024.55 with a target of 33953.5 stop loss - 32237 (stop loss on 15 min candle close) Personally, I don't prefer this huge stop loss but the pattern negotiation point is 32237 Sell at 33954 with a stop loss of 34057.15 (stop loss on 15 min candle close Personally, I try to short for this trade because the R:R is good in shorting
Stock(MRPL) making HL at resistance point with good relative strength a good candidate to go long at this price point