After a decent pullback from its recent lows 5446.05 now at resistance at around 6300 level.
This makes an ideal short from today's closing price 6208.55 for a target of 5720 & 5450.
View negated above 6350 (Stoploss)
Bullish momentum favours the Aussie and we should see prices head higher from here on and further!
If we get a new higher low that would be a perfect entry for us to enter long all the way to the minor resistance levels at 0.72118
NSE: Kotak Bank Possible Long for resistance break above 1268
From High of 1408 on July 19 to Low of 1133 on Sept 28
Pull back is in progress with triangle pattern
Today closed above 61.8 retracement level from 1408 fall.
Level 1268 looks like resistance.
Possible Long for resistance break to take 1321 level,
Further break above triangle can touch 1400...
NSE: HDFC Bank Possible Long for 2218
HDFC Bank 1 year trend position and continue on long side
Pullback from 1892 level continue
Stock is hovering around 2136 level and making attempt to break resistance
Break out above 2136 resistance triangle looks possible
Possible long at current level with stop loss 2071 and target 2218 +
2071 seems to be a strong support...