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Hi Swing /Long Trader, BajFinance looking good for Long above breakout from Down trend channel for Target of Rs 3745. BajFinance Preparing to Move outside Down Trend channel . RSI & MACD indicate Bullish momentum as per chart. Stock is consolidating near 200 SMA for past few days. At Rs 2885 Stock is at important support of combination of 200 DMA &...

NSE:LICHSGFIN Only for education and information purpose. Should not be taken as a trading call The script has been trading very well with and taking the support of both the trend line and the cloud too further looking at the future the cloud looks positive. If holds we may see the levels of 505 and 546 in an uptrend on the lower side we may consider the next...

The trend line in daily broke after a small retest it will go down. Be aware and stay out of investment for next 6 months

Nifty again trading at value low where trader always think for buy. For spot nifty 10860 below it will be value low. Intraday support 10835 for spot which attract buyers.

This value area channel has completely in tight trend. Support at 30234 nearby exists which can react with smaller penetration. There is require big -ve new to break this channel, therefore I am thinking for U-Turn nearby the support.

The euro is back under downside pressure against the greenback, after suffering another upside rejection from the 1.1110 level and falling to fresh new weekly trading low. Technically, the EURUSD is going to struggle to find attract buying interest if the pair continues to fail above the 1.1100 level. Chair Powell’s speech later today and the upcoming G7 meeting...

Ethereum is attempting towards the $200.00 level after the second-largest cryptocurrency found strong technical support from the $180.00 level. Bulls need to rally the ETHUSD pair above the $210.00 level to trigger a much stronger move higher towards the $230.00 region. If sellers can move price back under the current monthly low the ETHUSD pair could fall another...

The British pound has staged a strong upside rally against the US dollar, following the release of more positive news regarding Brexit negotiations. GBPUSD bulls have now triggered a bullish inverted head and shoulders pattern, with the 1.2480 level the overall target. The 1.2310 level is the next major resistance level to watch if bulls can maintain the GBPUSD...

The British pound is still holding above the 1.2100 level against the US dollar, although the pace of recent gains has now started to slow down. Bulls need to move price above the current weekly trading high to encourage buying towards the 1.2200 level. Overall, a potential inverted head and shoulders pattern may be forming while price holds above the 1.2080...

Bitcoin has suffered heavy losses after the number one cryptocurrency was strongly rejected from just under the $11,000 level earlier this week. Bulls need to move price back above the $10,500 level to secure the BTCUSD pairs short-term outlook. Overall, selling technical pullbacks is favoured over buying while the BTCUSD pair trades under the important $10,600...

The euro currency is trader slightly lower against the US dollar in early Thursday trade, following a fairly uneventful FOMC Meeting Minutes. The release of EU PMI Manufacturing data is the main market mover for EURUSD pair, with bearish German data likely to force a test of the 1.1050 level. A better than expected German PMI number could prompt another test of...

Litecoin is testing lower in early Wednesday trade after the fifth-largest cryptocurrency was heavily rejected from the $80.00 resistance level. A sustained break of the $70.00 support level is likely to see the LTCUSD pair to fall towards the $60.00 level. Overall, despite being oversold the LTCUSD pair has yet to attract buying interest, which points to a...

The British pound has seen a strong bullish reversal against the US dollar, following the release of positive Brexit news on Tuesday. The recovery from the 1.2080 level has shown that short-term bulls are back in control of the GBPUSD pair and may soon target the 1.2200 level. Given the sentiment shift in the GBPUSD pair, buying dips is current the preferred...

The euro currency is holding firm above the 1.1070 level against the US dollar as the pairs current yearly trading low remains intact. Bearish fundamental news has failed to push the EURUSD pair lower, which may encourage bulls to test towards the current weekly high. Overall, the release of the FOMC Meeting Minutes should be the next directional catalyst for the...

The euro is still trapped around the 1.1100 level against the US dollar as the traders remain cautious ahead of the FOMC Meeting Minutes and EU PMI data later this week. If buyers can continue to defend the 1.1150 to 1.1170 price region a potential double-bottom pattern could form this week. Overall, unless buyers take price above the 1.1160, selling EURUSD is...

Bitcoin has opened the new trading week in a bullish mood, as the first cryptocurrency continues to recover after last weeks drop towards the $9,500 level. Buying any technical pullbacks is currently preferred as the BTCUSD pair could move back towards the $10,100 to $10,500 levels. Overall, the BTCUSD pair could start to target the $11,500 level, if buyers...

The US dollar is holding onto its recent strong gains against the Japanese yen currency, following a bullish move above the 106.50 level. The four-hour time frame currently shows that a bullish upside breakout from a large triangle pattern has now taken place. The upside target is the 108.00 level, although USDJPY buyers currently face strong technical resistance...

The euro currency has fallen back towards the 1.1100 level against the US dollar after crashing below the 1.1130 support level on Thursday. The euro is extremely bearish while trading below the 1.1100 level and now risks falling back towards its current yearly low. Bulls will be looking for a double-bottom formation, however, the fundamentals behind the EURUSD are...