AS seen in chart BAJAJ FINSERV face strong resistance in range 5150 - 5180. bajaj finserv gap up open today but further move downwards and breach yesterday low. So we can short BAJAJFINSEV @ 4720 with sl 5050 for TGTs 4534/4260/4180.
According to fibonacci time zone NIfty will change trend in MAY First week.
We will open with gap down on Monday as we react from 50% retracement level of recent fall as seen in chart Bulls need to hold 9355-9310 zone for rally back to 9460/9600. Bears will get active below 9250 for a move back to 9200/9100/9000. Buy Above 9555 Tgt 9610,9666 and 9710 (Nifty Spot Levels) Sell Below 9515 Tgt 9490,9460 and 9430 / 9355 /9272 /8707 (Nifty Spot Levels)
We will open with gap down on Monday as AL react from 38.2% retracement level of recent fall as seen in chart. Positionally we can short AL with stop loss 54 for Tgts 47.05/44.80/40.65/37.75/32..
We will open with gap down today as BHARTI AIRTEL well placed on technical chart.In gap down Buy BHARTI AIRTEL in range 485 - 490 with SL 480 TGTs 520.90 / 525 / 538.35
Bank Nifty reacts from Gann Angle on last trading session.We will open with gap down on Monday Bulls need to hold 20293-20310 zone for rally back to 20700/21000. Bears will get active below 20200 for a move back to 19585/19474/1878/17690.
USDINR in a range b/w 75.40 - 77.26 ..In last trading session INR shown strength and touch 76.38 level .Now once bear start moving below 76.35 can push towards 75.95. 21th April is major trend change date. Weekly Trend Change: 76.67 Weekly Resistance:76.95,77.25,77.51 Weekly Support:76.25,75.95,75.55 Levels Mentioned are for April Contract of USD INR
On hourly chart in Nifty is showing tiredness. negative diversion seen on Price and RSI analysis.
BUY USD/INR FUT in last my analysis I said that INR have a support 77.26 its my firs target for partial profit booking if sustain above 77.30 than we can see 78/78.50 in currunt expiry..DOllar index fut trade @99.98 and it agin ready to run towards 102.
On USD/INR weekly chart, USD/INR show strong support @77.26 if USD/INR breach it more weeknes show towards 79.67 and resistance show @75.40