DXY is fundamentally strong now, Gdp growth increases unemploy. decreases cot data remain neutral infl rate decreases so that fall happen. smart money traders take long postion. Major trend Uptrend Minor trend Downtrend. Selling pressure is high risk for buying.. short term downtrend expecting..
In 4 hr time frame EURUSD breaks major stracture low and we know that major high and low all are external liquidity.So the liquidity taken by eur usd on 4hr time frame then our entry setup as on 5min is on screen that make a CHoCH on 5 min and then make an inducement so our entry module is after taken out inducement we take entry so here i take buy entry.. * My sl...
as on smc concept here is an oppertunity to sell again..
Look this chart..its follows higher high pattern ..looking for uptrend
As per wave analysis wave 2 may be retressed over 60%of wave 1 then wave 3 will come
as expected on budget day shows above 900 points upmove....
after hitting 5 times to trendline comes for breakout with good volume...wait for breakout and retest levels are mentioned
the symetric triangle pattern brekout..over 5 years...
if irctc break the 1st key level....comes to the 2nd key level... N.B: never try to catch when the stock is on PARABOLIC MOVE
A good stock performs like going upword consolidate then breakout again upword ...
this stock is fundamentally good..successfully retest...right time to buy..target will be 3000
daily,weekly,monthly chart shows bullish momentum...a big breakout with apparently small volume wait for the correction ...best buy will be 620 to 650...for mid term
STOCK GIVES THE BREAKOUT... COME FOR RETEST THEN BUY....
tatamotor take support on 282lvl as i say whn it is on 296lvl .. time to buy can see a bull run..
prefer selling...
NSE:BANKNIFTY