The Nifty50 is at the long term resistance line which it has failed to broke ever since the great recession. It also looks to be in last leg of it's bullish wave and the bearish impulse could begin anytime.
Nifty cmp 10732 -initiating shorts in nifty stoploss above 10765
targets will depend on developing price action
Plz do not overtrade
2 risk reward is not defined so you have to monitor trade in realtime
3 trend trade hence can be traded by anyone provided u trade small quantity
4 intraday trade -do not look for exceptional gains rather small gains
Hi all,
The USD and CAD exchange rate reached a important level in a 4hr time frame.
Here, we can find lot of good reason for sell.
In day time-frame, the signals forming a up-trend channel close to the resistance. (shown in graph)
The momentum of the signals, moved in constant bullish trend and stabilising it. (shown in graph)
Back in 4hr frame, Market ...
We can see that at every attempt to break the zone of 155 INDIA CEMENT is getting stronger. So in the third attempt in a 30 minutes chart we can see buyers taking control. On a daily chart 154-155 was a resistance zone which will be broken.
you can buy cash, future or call option . Target 164.
PARABOLIC TREND LINE BROKEN
KEY SUPPORT TURNED RESISTANCE
Sentiment was also upbeat after retail inflation eased to a five-month low in March, but remained above the central bank’s medium-term target, supporting views that monetary policy is likely to remain unchanged at the next review in early June
Meanwhile, Global stocks recovered to three-week highs on ...
Sensex Spot @ 33,752, open @ 33,671., market is trying to form head and shoulder but still not formed , if market break 34,200 then we expect for bullish in coming weeks, and if make potentially head and shoulder and break 32640 then will test 30,400 Levels.
1. For bullish chances are 25%
2. For bearish chances are 25%
3. For being in Range 34,200level to ...
