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
Speciality after a nice rally has given a flag breakout.
A flag breakout is a continuation pattern which suggests that the uptrend will continue.
Go long at current market price 120 for target 124,128 and then 135,140.SL 109 on closing basis.
You have a bigger degree consolidation or accumulation highlighted by the green shaded box and a smaller degree one represented by the yellow box. Notice the breakdown, breakout and retest. Was reminded of my mentors quote "There are no accidents in price"
Chart looks bullish and today's price action is promising. This one is in my shopping list. Plan your trade ...
Specialty Rest has broken out of falling channel with huge increase in Volume..After few days of consolidation it has again gained momentum.
Aim for Target 3 with SL of 72 on closing basis.