Keeping it simple, long term supports and resistances are marked in the chart. The selling pressure is high as foreign investors are pulling out of the Indian markets and the government acting against the market's expectations among other reasons. The sentiment is bearish. If nifty breaks the current uptrend, then we're looking at 10500/9950. In case of a...
Expected trading range: 11150 - 11010 Support @ 10980-90 Chart tells the rest ;)
Short UKOIL - Target 62.50-63 Confirmation - Long Upper Wick We are presently within a triangle. Crude to head lower. Target - 62.50-63
Bitcoin has risen from $3121 to $4250 in 5 Elliot Impulsive Waves. By the time we reached $4250, the Bullish momentum has ran out. RSI was oversold and also StochRSI showing weakness in Bulls. Since then, we're in ABC Zigzag correction. Currently, we're in C wave and possible target would be $3550 which is also 0.618 Fib level of this overall Bullish rally.
Hello traders, A slow recuperation from the 1.6700 empowered GBPCAD to streak almost six-week high, the match needs to overcome the 1.7225-30 opposition juncture, five-month-old plunging pattern line, so as to go for the 1.7310 and the 1.7420 numbers toward the north. Should costs effectively exchange past 1.7420, the 1.7560, the 1.7650 and the 1.7730 are likely...
Potential short entry on AUD USD, It is moving in Range, and expected to Break Support. Potential Entry on either on breakout or when Price retrech to support and retest support level.
Aud/USD Moving in Range, It is expected to Break the Range downside and potential Entry when Price Retrech and Retouch to the Support line
As said in earlier post 10500 done. Markets corrected and looks like formed a bottom at 10260-10250 levels. A close below 10230 would be considered as reversal. Markets may see another life time high in couple of weeks. Anticipating 10700 for now.
Stock has taken support and bounced back. Closing basis 100 acts as support. May test 115-125.
BajajElec looking good on daily timeframe charts for long positions. SL Would be 294 On closing basis. May test 325-350 soon. CMP 306
Ashoka is looking good on daily time frame. May test 195-210 . SL 171 C B