Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Nifty is in a clear consolidation stage with massive volatile movements. Better to wait and take a trade based on a breakout on either side.
Axis bank seems to have created a double bottom for further confirmation go long above 759.
High possibility of up move, towards 660
Perfect breakout with backtest. Keep the previous high as stop loss and take long position.
For the last few times, the stock took support at the green trend line and now it has broken it and is below both the 10 and 20 EMA. Although I see a crossover of 10 and 20 on the upside we need to wait till it enters back into the trendline. My suggestion wait till it breaks 945 for a long position.
Until budget is announced there could be lot of profit booking or keeping money aside temporarily but results of companies seem to be good so expect some sort of sideways to positive movement with high vix. Sorry target should be supply zone and not demand area (error).
Looks most heavy weight stocks are right at support, now probably since we are in a bull market we could bounce from here or could see a further fall. Probably big money putting money of the table until budget is decided, they are trying to reduce the exposure and booking profits in futures.
All depends on which side it will break, look at levels but looking at the area it took support looks like a bounce coming.
Nifty near resistance, if breaks the line then go long and also wait for retest before going long. If reverses then have a target at the bottom of the support line.
Nifty is in a downtrend with 200 moving average acting as support, the moment it goes below it, that would be a clear indication of a bear market.
If nifty breaks the red channel that is a bullish continuation and if it breaks the yellow line either in the red channel or even outside it is a clear indication of a further downtrend. The entry to the red channel and sustaining there with the support of the yellow line could be seen as consolidation.