PLENTY OF CHART PATTERN IN THE WEEKLY CHART OF USDINR USE IT FOR YOUR STUDY OR REFERENCE.
WHAT I AM INTERESTED IN IS BEARISH HARMONIC PATTERN AT GETTING FORMED AT THE RESISTANCE OF THE MAJOR TREND LINE.
LOOKING AT THIS IT COULD BE A MAJOR FALL AND A VERY STEEP ONE
Price went down even after a gap up today. (as opposed to what was expected)
But the price has respected the previous resistance line and the 20 ema.
In addition, lower lows has formed in chart BUT higher lows has formed in macd - signs of a weaking downtrend.
BUY it if you haven't already
Nifty now immediate resistance 12272 /12290 above 12290 it may show 12350
HH-HL formations .
Consider budget before trading .
Volatility will be good.
keep your charts simple , adding many things don't give results because you will be bounded
Twiiter - @TheSachinJain
telegram - @tradingbud
Do check our previous results . :)
Sudarshan chemicals - A stock is in uptrend for the last 1 year and now made a important Breakout with good volume. If we go through the chart we could see breakouts in ROC which is a good sign for Breakouts. So we could expect the price of 520 in the span of 1 week to 10 weeks which is 10% from current trading levels. A close below 460 shows weakness in the...
TITAN has breached resistance and expected to touch 1159 to 1175 targets. Previous resistance expected to act as support.
RSI is trading above 70 which shows momentum and bias towards buying strength.
View negated below 1125 on hourly closing basis.
Kindly do your own research before taking trading decision.
The British pound has recovered above the 1.2000 level against the US dollar after bouncing sharply from the 1.1960 support level. United Kingdom politics is generating extreme volatility in the GBPUSD pair, causing price to whipsaw on the latest Brexit headline. Bulls need to keep price above the 1.2020 level to encourage the notion that a medium-term price floor...
Tata Steel is in a Down Trend, with upcoming support based at 386 and final support based at 371 on the other hand upper resistances for TATA STEEL are 408 and 427. Tata Steel can again test 396 in the upcoming session, Today gave a call of 350 pe on telegram channel BUY at 3.70 with targets of 4.20 and it went to hit the targets. Check the about section to join...
Breakout of Long term Resistance line
if sustain above 7000 Level
Can lead this rally till 7086-7144-7200
Disclaimer: All the Recommendation/View Given in ArrowMoney are only for internal study purpose. Consult your financial adviser before making any investment decision.