India Bulls Housing Finance has started on Monday. Share price has dipped far below it's average price. Therefore, go long with target above 300 and stop loss of 229.
Motherson Sumi is in the process of completing inverted Head N Shoulder pattern. Buy at 108-109, Stop Loss 106.45, Target 113.85 Ensure to undertake when market setting is bullish.
Go long in Tata Elxsi as it has given a breakout above 50 days moving average. Target at 827.20 Stop loss at 18 days moving average 644.
USDINR is in a falling trend. Keep stop loss at 71.14 and short at today's closing price. Target 70.33.
MCX is showing signs of tiredness. Its long upper shadow on last trading day shows that sellers are in control. Sell on Rise to 940-950, Keep stop loss above 982, Target 880
Infosys has broken down from the ascending channel. Next target 770. Keep stop loss above 820.
Gold is on retreat after forming double top @1555.46. It's consolidating around 1500 but the down trend is confirmed as long as 1535 is not crossed on the higher side.
MCX at trend line support @ 908.75. Break below this support could take it down to below 880. Keep Stop Loss above 920 to sell.
USDINR is on a downward journey. It has broken two crucial supports @71.50 and 71.383 and is headed towards 70.675. For educational purpose only. Not a recommendation.
Auro Pharma had made bottom on 5th Aug. Since then it has completed inverse Head N Shoulder pattern. It is also showing positive divergence with RSI. Go long at current market price with Target at 699 and spot loss below 600.
Infy's trend remains bullish. But in the short term negative divergence with RSI may play out to bring it down to 910.
USDINR has broken a crucial support@71.50. It's having huge negative divergence with RSI. This is only for educational purpose. Not a SEBI registered advisor.