Rangebreakout
EUR/USD Technical analysisAfter forming an inverted head and shoulder pattern, EUR/USD consolidated within a narrow range of 1.13200-1.13650.
It then made a bullish breakout and is currently retracing to test the broken resistance.
We expect the broken resistance to hold support and the pair to remain bullish.
!!!! NIFTY BREAKS 10870-10920 RANGE !!!!!NIFTY BREAKS 10870-10920 RANGE
(BAR OPEN AND CLOSE RANGE)
HELD ABOVE THE RANGE FGR A WHILE
HENCE EXPECT A NEW RANGE ON THE UPSIDE
BUY NIFTY NEAR 10930
STOP@10910
TARGET@10980
PRICE LEVELS ARE PER CASH LEVELS
PLEASE ADJUST FOR FUTURE LEVELS
OPTIONS TRADE MORE VIALBE
RANGE BREAK TRADE IN NIITECH JAN FUT WAIT FOR A CLOSE ABOVE OR RANGE BREAK TRADE IN NIITECH
JAN FUT
WAIT FOR A CLOSE ABOVE OR BELOW THE RECTANGLE
MOSTLY THE BREAK WILL BE ON THE UPSIDE
FUT TRADE
BUY@1230 (CONDITIONAL)
STOP@1210
TARGET@1250
LOT:750
QTY:2
BTC/USD Technical analysisThe BTC/USD pair after a great spike is currently in a correction mode.
It is forming a descending triangle pattern and break out below support levels will validate the pattern.
Hence we suggest traders to take a short call only after a break out below the support level of 5890.
POSITIONAL CALL IN LUPIN(OPTION TRADE ONLY) SEPT OPTPOSITIONAL CALL IN LUPIN(OPTION TRADE ONLY)
IS IT A RANGE BREAK-OUT TRULY OR NOT DEPENDS
UPON A CLOSE ABOVE 930
IF THAT HAPPENS BEFORE 3:30 TODAY
WE ARE SEEING A TARGET OF 1100 ON A LONG-TERM
CHARTS AND WE ARE NOT LOOKING FOR THAT
WE ARE LOOKING FOR 1050
SO WE ARE BUYING OPTIONS WE WILL BE PROTECTED WITH
REVERSAL WITH AN INBUILT -STOPLOSS
BUY 1000 CALL OPTION
BUY@13
STOP@3
TARGET@30
LOT:700
QTY:5