DXY breakout from resistance. Next target 108. Emerging Markets and Euro Zone/ Japan currency will be in trouble. USDINR may also break 83 levels soon. Once USDINR breaks 83.15 levels, 84 will very soon.
On Daily Time Frame Nity has broken Major Support. We can see 16800 in near future.
The nifty Midcap 100 is very close to the top, will it break out from the previous resistance?
See the enclosed chart. DN has bounced from major support and is ready to break upside. If target 2400 and next 2650. SL 2150.
Concon is ready for Breakout. It is trading in a range of 550 to 700 for the last 1 half years. SL 700, Target 875 - 900/-. News of stake sale by govt.
DXY is touching long-term trend line. Shall we consider it as resistance? Will DXY retrace in a week?