USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
SOUTH INDIA BANK, FED BANK, JAIPRAKASH ASSOCIA, RELIANCE COMM LTD, STATE BK OF INDIA, ADANI POWER LTD
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
Sell IGL Sep 240 PE at 0.55 with a stop loss at 5
Sell IGL Sep 280 CE at 0.7. Buy futures if IGL closes above 280.
IGL is in Oversold region. Also, after Downtrend, a Doji and then a inside bar is formed.
Now, buy at PDH and avoid shorting at PDL
Buy at PDH
Short at PDL
Levels marked in chart
Initiate a Long trade on IGL, from 273.5, SL @ 270, Targets (1) 278, (2) 281, (3) 283, (4) 284.5, (5) 285.75, (6) 289
MAKE IT SIMPLE
Not happy but chart is chart... play carefully
Levels mentioned in charts....
Go Long - Medium Term:
Buy around 285 levels, SL 240, Target 350-370
1 hour and daily chart indicators are going to turns positive side. If it goes positive side, weekly chart will turns positive. MACD crossover also going to happen. Buy at this level with minimum stoploss.
Short below 273.50 with Stop loss at 288.40
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
I will avoid the short case. Fundamental Reason.
RSI Bullish divergence. Levels are mentioned
Nicely bounced from the support
Retraced from immediate strong
support zone and Fibonacci level
Likely targets 293, 300