Alike all major currency pairs, NZDUSD also benefits from the broad US dollar weakness during the early Tuesday. In doing so, the pair buyers attack an upward sloping resistance line from January 13, currently around 0.7260. Should the kiwi bulls manage to cross the immediate hurdle, backed by upbeat MACD, the quote may not hesitate to challenge the multi-month...
Gold rises to the fresh high in two weeks following a stellar rise on Wednesday. In doing so, the yellow metal crosses 50% Fibonacci retracement of its November-January upside amid upbeat RSI and MACD conditions. Also favoring the bullion could be the market optimism backed by Joe Biden’s arrival in the White House as the 46th President of the US. Even so, 100-SMA...
If you don't consider trend then you are at loosing side in trading markets. Forget everything from today onwards and stick to the trend which is the basic thing. Follow the trend and win your trades. -MOHIT RAJANI
Bull Flag pattern formation and breakout Buy at CMP 4900-4930 Sell Target 5830 Stop loss 4650 Profit potential of 18% approximately Trend continuation Nice risk to reward on offer
CDSL Chart is Fabulous and Bullish - Buy Triggered yesterday as per Weekly Candle - Solid Price Volume Action can be seen in the Approx 3 month Consolidation base - Daily Chart shows a Bollinger Band Squeeze, with Daily RSI 60+, ADX 25+, MACD in Buy Mode - Weekly Chart is just So Strong as you can Clearly see wonderfully respecting Ichimoku - Target Minimum...
ASIANPAINTS had a very powerful breakout and a retest. The wait is over and rally has been started. BUY@1830, Target1@1900, Target2@2100, SL@1780 Target2 will get mostly acheivable by the end of October. All the best guys Follow for more amazing breakouts and hit a like. -MOHIT RAJANI
TVS motors forming a trend continuation cup and handle pattern.
LALPATHLAB has broken out upside after its consolidation in a triangular channel. The impulsive bullish breakout candle is followed by 2 small range pulllback candles thus forming a bullish flag pattern. The structure suggests that the trend will continue in the direction of the breakout. A long entry can be taken at the break of yesteraday's high above...
Trading Philosophy - Trend Following Trading Strategy - Shorting a Rally in The Downtrend. Trading Set-up - Retracement - Resistance - Chart Pattern Entry - Short at 1210 Stop-loss 1257 Target 974 Risk/Reward 1:5 Why short? Price retraced to 1237 (0.50%) of its previous swing. (1579.60 to 895.15) Price is trading in Resistance Zone. Anticipating price...
#Trendfollowing After the craziest fall, nifty is pulling back. So where to short a pullback? A - Bearish Flag Breakout B - Price Percentage Change Projection C - Traditional Price Range Method D - Retracement Levels Whether to short options or short futures is entirely depends as per your money management and risk appetite, but don't buy...
Infy Important key levels 780 is a a resistance but likely to break . Important levels 796-798 can be taken while a small dip. No buy/sell recommendation twitter -@TheSachinJain telegram - @Tradingbud
CEAT Limited, a tyre-manufacturing company is approaching breakout. Two of the other well known tyre manufacturers in India (MRF and BALKRISIND) have already given breakouts. Will this one be successful too? Lets stop guessing, and follow the strategy used to identify others. The Pro-Breakouts strategy that I use automatically draws breakout and support lines,...
After the EXIT at around Rs. 9,000 , the next BUY signal came at Rs. 7,178 . We won't be able to buy at the lowest price, won't be able to sell at highest. But will eat the meat in the middle. Just need to follow a strategy. The Pro-Breakouts strategy that I use automatically draws breakout and support lines, which result in trade signals. For more details,...
Sundram Fasteners is an auto-ancillary company, with Return on Equity above 20% in last 10 years . With these type of fundamentally-sound companies, you need a strategy, to give you BUY signals with high-probability of continuing up-moves. The Pro-Breakouts strategy that I use automatically draws breakout and support lines, which result in trade signals. For...
NSE:HCLTECH Immediate resistance zone @ 1110-1130 For quick updates on Intraday & Positional view on NSE/MCX/CDS, Join us on Telegram Channel :- PriceInDepth_Official
Stock exhibits sustained weakness in Weekly time frame. Falling Trendline holds valid and rejections have been pretty strong whenever the stock hits it. Currently the stock has hit the Trendline again wherein we could also spot 38% FIB retracement adding strength to the resistance. Though the above points guides us to take a strong bearish view, we need to be...