With the FED Rate announcement just a day to go, EURUSD is approaching the sell zone. Although the move to the upside form now is really strong, we need consider that it is in a range and within the range, both the up and down legs are impulsive in nature and we cannot ignore the previous down leg and the larger trend on the chart. This gives us the most probable...
Ajantha pharma which is trading near a weekly trend channel limit, if finding trouble to cross the flipped supported. last day candle is bearish engulfing candle. so any thing below the low can be shorted with sl above the high for the trendling bottom. Entry 1857 SL 1930 Target 1595 Very good risk reward possible.
Colpal Trading near Monthly TL support is expected to have completed WX/AB waves of correction as Elliot Wave. Now 1033 high is key for longer term bulls. any close below the monthly TL support which is near a small demand zone too, should trigger Monthly TL-2 target and Weekly TL tgt. SL above 1033 longer term shorterm players should wait for a retracement r...
Probably, SBI chart is self-explanatory, if you need any specific explanation leave a comment below. Happy Trading !
Today's price action indicated weakness as it failed to reach out to previous high levels of 8840. I believe sellers are now in dominance and the prices shall further move down tomorrow. Target 1: 8747 Target 2: 8700 Stoploss: 8840