POLYCAB - Ride the ChannelSelf Explanatory.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
Forecast
BANCO PRODUCTSFundamentally good stock.
Has the potential to reach the targets sooner than later.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
NEULAND LABS - Inverted HNSAn Inverted Head and Shoulder pattern on the weekly chart.
Breakout on Daily Chart.
A trend line which would most probably determine all the above targets.
Also, a candle stick pattern very similar to the Morning Star has been formed at the right shoulder.
Only time will tell if this analysis was time well-spent.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
USDINR - Hammer at SupportNote: This is for educational purpose only.
There seems to be a bullish hammer at support with rise in volume. Moreover, there seems to be a bullish RSI divergence.
Usdinr daily. currently at overbought zoneUsdinr Currently at overbought zone on the daily time frame. price is in a downtrend parallel channel and can continue till 72.20 or it can happen if it crosses recent high 74.50 after giving a small pullback to 73.53. price 73.53 is a crucial level to change the direction of either side but most probably 72.20 can be achieved by the end of December 2020.
USDINR- Dollar Rupee Key Level- 73.00Key Zone - 72.50 / 73.00
Holding The Key Zone - Expect Upside - 74.00 / Strictly Above 74.00 for 75.00-75.20
Falling Below 72.50 / 73.00
Downside Key levels - 70.70 / Falling strictly below 70.70 for 68.00-68.30
------------------------------------------------------------------------------------------------------------------------
Last USDINR Idea - Jan2020- Next Path
--------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
USDINR Long I hope you can now see how USDINR represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
USDINR breakout for Long with Good R:RUSDINR has been consolidating since one week and tried to form a base (at the demand zone). In Previous day session it broke its resistance (73.65), and sustained above it. At current level it is looking good for long with good R:R, Minor hurdle at 73.9.
USDINR - Bearish breakoutNote: This is for educational purpose only.
There seems to be a bearish breakout in USDINR with ultra high volume. However, RSI is below 30 which indicates oversold. Don't aggressively short this pair. There is a possibility of some bounce back before the next down fall.
Usdinr 30mins.Recently usdinr faced huge volatility but the direction is as usual Unpredictable.
This is an range marked price action and nothing special.
Usdinr late post same idea nothing changed.74.66, 75.22, 75.47 three higher lows breaking out from long consolidation pushing price extremely higher highs.
Reasons:
1. Nifty fall and gain
2. consolidation break out and pullback
3. bullish divergence on oscillators
4. Bullish structure.
Get some dollars in your pocket!!!Long some USD / INR
Basis:-
1. Monthly and weekly RSI above 60
2. Unbroken uptrend indicated by trend line and 5SMA crossing 20 SMA from bottom
3. Hammer like candle formations indicated by arrows
4. Good volumes indicated by arrows
5. Fibonacci retracement level of 61.8% and 78.6% crossed
Target indicated by Horizontal line around 77 INR
Stoploss as per individual risk management
Lets go long!!
Do like, share and follow if you like my post.
Simple analysis.
HDFC BANK THE stock is highly over sold as per the 15 minute chart RSI..... there is dodgy candle is forming in the chart therefire it can make the reversal in ternd.....target 847/853
stop loss 828.....
Disclaimer:-it is just my view please do trade at your own risk and analysis....
please shower your LOVE by way of like and follow and also share your view in the comment....please if u need my view on any stock please ask in comment or DM me.... thankyou
Usdinr 4h. Similar idea to JpyinrA small slow pullback to 75 and then drop below today's low to 74.50 noted.
Reasons:
1. Rsi divergence
2. Price closing lower low
3. Price following a downward slope parallel channel
4. There's a 50 and 618% retracement at 75.00
Check Jpyinr idea here link down below
Sell USDINR USDINR in a range b/w 75.40 - 77.26 ..In last trading session INR shown strength and touch 76.38 level .Now once bear start moving below 76.35 can push towards 75.95. 21th April is major trend change date.
Weekly Trend Change: 76.67
Weekly Resistance:76.95,77.25,77.51
Weekly Support:76.25,75.95,75.55
Levels Mentioned are for April Contract of USD INR