It can be observed that AUDJPY has made a strong upmove and is looking to break the rising trendline now. RSI has already been broken with a sort of a bearish divergence. Look to short at 86.72 Stop: 86.96 Targets: 86.39 & 86.20
It has been observed that bullish cypher pattern is emerging on the Spot Gold Hourly Charts. The spike down didn't touch the entry point, so we can wait for it to complete and enter. Long at 1221.8 Stop : 1217.16 Target : 1230
It can be observed that USOIL is testing resistance and is unable to do so. Short at 53.12 Targets : 52.77 & 52.44 Stop : 53.29
The falling trendline has been broken on Amtek Auto Daily with good volumes and a bullish crossover Look to accumulate in 36.5 to 38 range for targets above 50
It has been observed that EURGBP tried breaking the falling trendline resistance but was unable to do so. Can be shorted at current price levels for targets to the next support level. Target :0.85851 Stop : 0.86457
It can be seen that GIC housing Finance has broken out of a Symmetrical Triangle on the daily charts. Long Entry: On dips to 308 to 313 Target: 348-350 Stop: 295
A long trade can be initiated tomorrow if the results turn out to be good.
It has been observed that a Bullish Gartley pattern is emerging on the Tata Motors Hourly chart, the completion of which is very close to an upward trendline. Long Entry: 509-510 Target 1: 531.5 to 534.5 Target 2: 549 to 552 Stop: Below 502 Please Start booking profits as soon as the price comes in the range of the specified targets
It has been observed that Marico is trying to break out of rectangle and from a strong horizontal resistance level. Long Entry: 265.5 Target 1: 264-275 Target 2: 284-285 Stop: Below 261.5
It can be observed on the 15 mins chart that Price action has broken the rising trendline on the AUDJPY pair and has formed a sort of a flag pattern which also resembles a rising wedge. Short Entry: 86.22 to 86.23 Stop: Above 86.45 Target: 85.71 to 85.68
Entry: 755 Stop: Below 700, to be trailed as per your own risk appetite. Targets: 850, 910, 923
Spot gold is currently trading inside a strong resistance zone on the daily chart. A decisive close above 1231.5 can take it to 1252, 1301 & 1339 levels. Long can be initiated at 1231.5 Target 1: 1252 Target 2: 1301 Target 3: 1339 Stop : 1195
It has been observed that a bearish bat pattern has formed on the EURUSD Hourly chart at an important resistance zone to further suggest a short. Short Entry:1.0815 Target 1 : 1.0633 Target 2 : 1.0524 Stop :1.0883 Keep trailing stops as per your R:R
It has been observed that a bullish cypher pattern is being formed on the USDJPY pair. Long Entry : 112.30 Target 1 : 112.76 Target 2 : 113.04 Stop : 111.96
Coal India is at an important resistance level. Close above 321 can take the stock to 330 and 340 level.s
It can be seen that a bearish bat pattern has emerged on ACC Limited Daily Charts. A short entry level : 1467-1469 Target 1 : 1388 Target 2 : 1339 Stop : 1506
It has been observed that an inverse Head & Shoulder pattern has emerged on the Spot Gold hourly chart with a retrace back to the neckline which has held well. Long Entry : 1219.63 Target : 1258 Stop : 1198.92
Hey! A little late in posting this one, thought I'd let it get close and post but was away from the computer. The stock is near the stop I had expected, but hasn't hit it yet. Can go short at Current Price Levels with just a 5 pips stop. Targets can be : Entry level at 1.04490 & Cypher target at 1.04182 Stop: 1.04198 This can also be looked at a...