USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
VODAFONE IDEA LTD, JET AIRWAYS INDIA, YES BANK, RELIANCE COMM LTD, INFIBEAM AVENUES L, PC JEWELLER LIMITE
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
EXCELINDUS weekly chart shows its highly overstretched at current levels.
Formed a broadening wedge pattern.
Expecting it to test 1300-1350 zone soon. Investors who are very bullish can buy a small quantity in this zone. But it would be safe to wait for a bounce confirmation on weekly chart at this zone before you buy.
Trade Explained in chart
rectangular channel breakout,upside potential
The script has closed at 1475.40 and it shows potential of going further up.
20 Day EMA is above 50 Day EMA and is facing up.
RSI is above 50 level and facing up.
MACD has given positive crossover above zero which again is positive sign.
If you do further analysis, 10 week EMA is above 30 week EMA and facing up.
You should Buy @ CMP (1476) For the target of ...
EXCELINDUS Continuation pattern on daily!! A close above 950 is crucial for the stock to see more upside momentum!! Target if closess above 950 is another 150 point consider the pattern size!!
Retracement from 50% fibo and near gap support ~810
Target 1156 /1275 /1486
Excel Industries consolidating within a symmetrical triangle. Looks for a breakout upwards. Buy with SL at 340 for a target of 520