GauravSaini

GauravSaini

Nifty has given a breakdown from the pattern we observed on day charts ,the bearishness is likely to hit the support zonemarked on day charts : the stochastic is in oversold territory ---once nifty hits the support zone we will look for further clues opportunity---the market(nse stocks) will provide some swing trading/ cash buying opportunity -this will be...

GauravSaini

the day chart of xau contract is shown, a recent candle shows attempt to take support at lower levels, charts are sideways at the moment with some decent bullish possiblities , bullishnes will show in this order 1 the price on day chart should move above the blue falling trend line 2 the horizontal red line marks the first resistance on the upside the resistance...

GauravSaini Updated 

initiating shorts in usd/jpy based on hourly chart trendline break current price approx 106.930 aaprox target 106.720

GauravSaini

the possible triangle and rectangle are shown....there are good chances that the corrective will be over in the coming week and this will give a trending move, as far as the direction of move is concerned , the best practice is to wait for price acceptance outside the boundary of corrective , and than initiate trade .

GauravSaini Updated 

EUR/USD pair currently at 1.22080,sell will be break of suuport of 122040 , stoploss will be calculated once trade is active target will 1.21800 and lower

GauravSaini Updated 

will be selling nifty cmp 10470 : sell below 10446 stop will be above day high once trade is active .all prices spot

GauravSaini Updated 

Initiating positional shorts in nifty current spot price is 10380, looking for targets of 10300 spot and lower the stop loss for this trade will be 10427 spot , the short contract will be of march future.for analysis using spot prices only

GauravSaini Updated 

all prices spot: will initiate positional shorts in nifty below 10542 spot currently niftyspot near 10555 looking for targets 10400 and lower will monitor market for stoploss

GauravSaini Updated 

(PLZ READ AND UNDERSTAND CAREFULLY ) THIS IS A SETUP THAT WILL BE ACTIVATED IFF THE EVENT(BUDGET)PROVES VERY NEGATIVE FOR NIFTY (THE regular nifty thread is updated for bullish case and other observations) - ALL LEVELS MENTIONED ARE NIFTY SPOT In the rare case nifty gets bearish coz of budget than the nearest support is at 10800 shown by a thick red line ,...

GauravSaini

You can see the adx rising on hourly chart fall ,hour macd has gone below zero and momentum to down side is good the fall is about 200 points , on the day chart price broke through 20 day exp mov avg easily ...........looks like more downside on cards------the index will halt somewhere when technicals get oversold that will give opportunity to enter trades till...

GauravSaini Updated 

initiating sell in coalindia 298.25-299 zone targeting 291 stoploss 302.4

GauravSaini Updated 

looking to short coal india current trading below 300 on rse to 301.75 ,the sell zone is marked by horizontal lines .waiting if the sell levels are reached . will be looking for 295.5 on lower side

GauravSaini Updated 

Nifty is overbought by technicals however the buying momentum is very good, for the coming week 11000 is an important support the upside is capped at 11172 levels ---break of 11000 on closing basis likewly to dent the present rally

GauravSaini

crude rally has been good so far some consolidation here is expected the break of trend line and day macd moving below trigger, however this wont be a time to short ,personally i only track crude for study purpose and its importance to the economy ,