usdcad weekly analysisif support brakes then further more goes down.if not then a bounce from this support
Tacharts
Adani Gas by www.t.me/tachartsAdani Gas had a perfect fib retracement while forming a falling wedge.
I had few buy orders placed around 120 but for now Adani gas have given a breakout and looks good to test 161 levels in coming weeks.
You can join www.t.me where i will keep on updating this chart as per the further price action.
Torrent PowerTorrent power have given a breakout supported by good volume, onceit crosses above the shaded area in grey i expect it to test 305 levels in coming weeks.
Do join our trading community telegram channel at www.t.me
Bharti AirtelI have initially recommended to buy BhartiAirtel earlier this year around 294 and since then it has given the growth as i anticipated.
I am expecting another bullish move in Bharti Airtel once it breaks out of current consolidation zone.
Make sure you like ever growing telegram community www.t.me where i regularly update the charts.
Time for New ATH #hindunilvrHindustan Unilever have given beautiful breakout on weekly chart and is an ideal contender for buy the dips in coming days as i expect it hit a new all time high in coming weeks.
Do hit like and join our absolutely free telegram channel www.t.me
MCX Trade setup which comes once in a blue moon. #mcxMcx have made a beautiful bullish breakout on monthly chart (chart attached), which in simple language means that it will be soon making a new All time high.
Ideal trade strategy would be to buy the dips and hold this stock for good part of 2020.
Feel free to share your opinion and do join our trading.shiksha family on telegram.
I will keep on updating about this setup in my absolutely free telegram channel www.t.me
Wait for breakoutINDUSINDBK is beautifully forming a bullish structure.
Buy it on breakout and let it ride.
i will further update the chart post the breakout in my channel www.t.me.tacharts
Dont forget to hit like and share your opinion in comment section.
TATA MOTORS THE BIGGER PICTURETATA MOTORS is looking good to make a decisive move in coming weeks and will most likely surprise the markets.
Buy on the pull back or as per the monk strategy.
All the best!
HDFCDO NOT SHORT SELL UNLESS THE SMALL FALLING WEDGE IS BROKEN.
TRADE ALL THE BREAKOUTS AS PER MONK STRATEGY.
TO KNOW MORE ABOUT MONK STRATEGY FEEL FREE TO DM ME ON LINK SHARED IN MY PROFILE.
ALL THE BEST!
BNB TRADE SETUP Though i do not trade crypto currencies and also not much aware about the fundamentals of various such existing currencies but i try to do technical analysis of some prominent coins as it helps me understand the play in highly volatile setups.
BNB looks to have made substantial gains in short term and its bullish structure is still intact as per ichimoku.
I expect this crypto currency to continue with its bullish structure for few more days before it shows the sign of any weakness on charts.
If you trade crypto currencies then i will request you to kindly DM me some good literature about good blockchain projects.
Do hit a like if you agree with my setup.
All the best!
SBI TRADE AS PER THE BREAKOUTSBI will be making a decisive move in coming days/weeks and it will be advisable to take a trade as per the direction of the breakout.
do share your opinion in the comments section.
All the best!
Tata elxsi short trade setupTata elxsi is setting up for a short trade setup in coming days.
Targets, once Elxi breaks out from bearish pennant will give you an opportunity to open a sell trade.
BIOCON TRAP FOR BULLSBiocon is at a very crucial zone as per Vaba numbers and if it manages to dip below 640 then expect lot many longs to be trapped.
open a short below 640 with targets marked with green lines.
All the levels marked are vaba numbers.
All the best!
XRP SHORT SELL TRADE SETUPThough I am bullish for xrp in mid to long term but I can see a small correction in next couple of days.
the major structure is still a bullish falling wedge , but the immediate weakness in bitcoin is kind of being reflected in xrp too.
feel free to share your opinion in comments section.
All the best!
Indus bankALL LINES ARE VABA NUMBERS,
The trade will take its shape as per the results but it seems that we might see a small bounce before going down (IF RESULTS ARE BAD)
I will update the chart in coming week as per the momentum.
HDFC HDFC is setting up for a sell trade setup and any rise above the blue line should be used to open a sell trade or otherwise enter a sell trade after the closing below the blue #VABA support line.
Nifty wish is Reliance command.Open a trade as per the breakout on either side.
I feel Reliance breakout will give us a hint of whats instore for markets in coming weeks.
Will further update the chart as per the breakout.
Do share your opinion in comment section.
All the best
What happens when their is falling wedge within rising wedge? What happens when their is falling wedge within rising wedge?
Short squeeze.
On HTF Nifty is moving inside a massive rising wedge which is primarily bearish in nature in nature but while HTF gives us the idea of price movement for days in advance, we need to watch out for smaller time frames too see what can we expect in really short span of time.
On nifty charts if you go to lower time frames you will be clearly to spot a falling wedge with a breakout.
All the best for your trade and dont forget to share your opinion in the comment section
You can also find my contact details from my trading view profile for any further help.
BANKNIFTY LEVELS BY #VABASell on the breakout on the lower side for targets marked on lower side with green lines.
All targets are derived by #vaba
Buy the breakoutFundamentally a strong stock.
Currently you can accumulate it within the triangle or to be on safe side you can buy is it after the successful breakout from the symmetrical triangle for the targets marked with green lines.
Glenmark buy the breakoutIf Glenmark maintains the momentum in coming week than i expect it to breakout from current zone to test the levels marked in green.
Do hit like and join our telegram channel TACHARTS from the link mentioned on my profile.
