Longentry
NZDUSD - LONG ENTRYSymbol - NZDUSD
NZDUSD is currently trading at 0.58750
I'm seeing a trading opportunity on buy side.
Buying NZDUSD pair at CMP 0.58750
I will be adding more if 0.58000 comes & will hold with SL of 0.56600
Targets I'm expecting are 0.59650 - 0.60500 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
MANYAVAR - LONG ENTRY MANYVAR qualifies for long entry now.
Volume is greater than previous session by 70.69%.
Volatility:
ATR% of the stock is 2.56%
Moving Average Observations:
Price above 50-day, 100-day and 200-day Moving average.
RSI Observations:
The Daily RSI indicator has crossed above 70 in the current session. Current Daily RSI reading is 70.99.
ADX Observations:
The Daily DMI position remains bullish.
Donchian Channel Observations:
Price is above middle Donchian channel (Bullish).
Ichimoku Observations:
Price above Ichimoku clouds.
Bollinger Band Observations:
Price is above middle Bollinger band (Bullish).
Weak Below 1300
CRISIL - FROM 3500 TO 4450 NOW AGAIN READY FOR LONG ENTRYCRISIL AGAIN READY FOR LONG. HERE BELOW THE ANALYSIS :-
Volume:
Volume is greater than previous session by 233.06%.
Volatility:
ATR% of the stock is 3.49%
Moving Average Observations:
Price above 50-day, 100-day and 200-day Moving average.
Moving average alignment is bullish. It is an uptrend & a bullish setup.
RSI Observations:
The Daily RSI indicator has remained above 50. This is a bullish zone. Current Daily RSI reading is 57.81.
ADX Observations:
The Daily DMI position remains bullish.
The Daily ADX is above 20 that indicates strong trend. DMI Trend is bullish.
Donchian Channel Observations:
Price is above middle Donchian channel (Bullish).
Ichimoku Observations:
Price above Ichimoku clouds.
Clouds are bullish.
Bollinger Band Observations:
Price is above middle Bollinger band (Bullish).
Both bands are rising. It is a bullish setup.
WEAK BELOW 4115
GODREJ INDUSTRIES - BUYPresently, moving above 100 EMA and chart pattern showing an upward trend which may give a move of 20-30 pts.
If it breaks the upper resistance line above 660 level it can give a good move.
MACD is above zero line with bullish crossover.
Keep watch on it for future price movement.
GBP/JPY Technical analysisThe daily chart of the GBP/JPY has formed a Full Elliot Wave.
It is poised for a bullish correction in the form of ABC Wave.
The pair is also in downchannel formation and there is a good possibility that it will go towards its upper trendline.
It has also formed a morning star pattern in the candlestick pattern.
So as per the above analysis,we can expect the bulls to take charge in the GBP/JPY counter.