City Union Bank: CMP: 163.03; RSI: 65.35 Cup and handle formation has fizzled out in past, while the price action is a range bound. Ascending triangle pattern (contracting) is visible on charts. If, CUB, breaks-out above 171.50 level than new lease of life in script will take it to new heights. For Aggressive traders: BUY at 159-163 Level; for a target...
1. Optically looks higher, 2. Increase the time frame looks suspect 3. Revisit DXY looks doubtful 4. Near term 1.2665-1.2705 to rule, roast before the toast.
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Hi, NSE:HCC has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Symbol - BTCUSD CMP 60700 Bitcoin is testing the previous major liquidity area which is around 59300 - 61000. Earlier it was consolidating around 65K levels & was trading in a range. Now it is witnessing a huge profit booking and declining sharply towards the liquidity area. A retracement towards 62000 - 62500 is likely. In any case, If it is breaking 59000...
Nifty will be FLAT opening in today's session. After opening nifty start trading Above 23760 level and then possible upside rally up to 23880 in today's session. in case nifty trades below 23700 level then the downside target can go up to the 23580 level.
There Goes the Commodity pack. It was CAD yesterday post inflation data, pierces the supports. It is AUD today post CPI piercing the top. Both of them stronger on all crosses. 0.6655 holds for 0.6700 attempt. Box within the larger box, one to break and another to reach!
BankNifty made a new all-time high of 52,746.50 on Tuesday and closed above the psychological level of 52,000. Both the weekly and daily trends (50 SMA) are positive. Support Levels: Near major support/demand zone (75m) for weekly trade: 52,015 - 52,189 Near support/demand zone (15m) for intraday: 52,105 - 52,114 (inside the 75m zone) Currently, there are no...
Today will be FLAT opening in BANKNIFTY. After opening if banknifty start trading Above 52550 level then possible upside rally of 400-500 points upto 52950 level & this rally can extend another 400 points if market gives breakout 53050 level in todays session. Any Major downside only expected in case banknifty starts trading Below 52450 level.
Nifty spent considerable time inside the 30m supply zone mentioned in the last post before breaking out around 12:30 PM and making a new all-time high of 23,754.15. Both the weekly and daily trends (50 SMA) are positive. Support Levels: Near small support/demand zone (5m): 23,675 - 23,689 Major support/demand zone (75m): 23,562 - 23,611 Currently, there is no...
Rating agencies comments that "Water Crisis" can undermine India rating may get un-noticed to the casual eye. The rush to the banks, despite the select few, on relative value, will need finally be seen percolating to the rest of the pack too. One has to wait and see. Clearly the cost concerns appear to be behind. The only short-term hurdle is HDFC share near...
Nifty levels for intraday.... with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both.
Good morning, friends! 🌺🍬 Here are the directions for June 26th: The global market is showing a slightly negative sentiment, based on the Dow Jones. Our local markets are showing bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 10 points (as of 8:00 AM). Nifty...
Bank Nifty had a long rally, so if the market opens neutral to slightly gap-down, then structurally, it could also take a maximum 23 to 38% correction. After that, if it finds support around 38%, we can expect minor consolidation for the rally continuation. The alternative scenario differs a bit from Nifty. Bank Nifty has extended more compared to Nifty, so...