USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
JAIPRAKASH ASSOCIA INR2.00(DEMAT), SUZLON ENERGY LTD INR2.00, RELIANCE COMM LTD INR5, SOUTH INDIA BANK INR1, IDEA CELLULAR LTD INR10, JAIPRAKASH POWER INR10
Nifty, BSE SENSEX, S&P 500, Nasdaq 100, FTSE 100, DAX
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Copper
Bitcoin / Dollar, Ethereum / Dollar, BCH / Dollar, Ripple / Dollar, Litecoin / Dollar, Ethereum Classic / Dollar
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
Nice support 50 retracement, as per ABCD it should move around 390 zone
It happens to be 61.8 retracement level on weekly chart.
SL - 310
Nice support at 23 ema in weekly chart
Double bottom confirmation in daily chart
First resistance at 61.8 resistance (Target 554), if further breakout happens we can see all the way up to 570 from this level.
Stop Loss 500
Hi Folks, potential inverse and shoulder pattern in Bank Nifty. I am expecting for a test around 20300 zone.
Also, nice retracement from 61.8 level + Bullish neckline indicating up move at this level.