MID
Kotak Psubank Inverse head and shoulder BreakoutInverse head and shoulder forming
Buy above 263
Stop Loss 188
Target 345
Atul LtdDaily Chart Pattern ..
Breakout Ready Breakout All time High
May be Give Good Up move gain
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
bse 400 mid cap and small capBSE 400 MID SMALL CAP
Good to see support coming at correct time for BSE MID CAP SMALL CAP 400 index
4936 was the support it held on to it.
Cross the resistance of 5191 to end the correction.
Expect 5330 to be tested and witnessed resistance around it.
Once the next breakout above 5330 is witnessed then expect rise towards 5589.
The higher top and higher bottom sequence remained in tact.
RSI got back above 55.
If RSI does not violate 45 again then expect rally to emerge in near term.
Broad market holding will remain good sign even if front line index tend to get sideways/choppy.
Nifty and Bank Nifty diverging movement or under performance of Bank Nifty holding the market progress further.
USDJPY is still in the long-term downtrend channel.USDJPY is still in the long-term downtrend channel.
As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception.
On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue to appreciate along with currencies such as the Euro, Pound, and Australian Dollar.
USDJPY USD/JPY operation is recommended to go short on rallies, or if activists break below the resistance can be sell stop.
Jan.22.2021
Reliability: 3-10 Market Days
Investment Pick: Looks good above 68 with confirmation on daily Investment Pick: Looks good above 68 with confirmation on daily level closing for 80/90/100+ in 2-3 months. This is good script both technically as well as fundamentally. SL would be 60, keep trailing your SL every 5 points move.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Wabco India - Good for medium term investment. Medium term investors may look at Wabco India, looks like a good buy around 6280-6330 levels.
Targets can be 6580 - 6780 in 2-3 months, keep 6140 as stop loss.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
This post is not an advice to speculate using leveraged products, one must thoroughly understand the financial implications, consult some financial adviser before taking any positions.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Please consider hitting the LIKE button below the chart, if you find this post / idea worthy. You may also FOLLOW me over this forum for periodic updates on Nifty , Bank Nifty and bullion.