TradingSutra

TradingSutra

Stock has bounce from the support zone. one should buy on cmp with SL of 518 and look for the target of 560/580

TradingSutra Updated 

EURUSD has taken a support near 1.1700 zone a 78% fibonacci zone of the previous rise. As per the current structure one should go long near 1.17300 keeping SL of 1.17000 and look for the upside target of 1.19300 in upcoming days.

TradingSutra

USDCAD : An impulsive fall from the level of 1.2950 & an expanded flat formation in abc pattern peaked at 1.2896 suggests that USDCAD is ready to continue its long term bearish trend . One should go short with SL of 1.2896 for the tgt of 1.2400 / 1.2250 and 1.2000

TradingSutra Updated 

The current price action clearly suggests that AUDUSD is rising updward in an impulsive manner & just finished it 4th wave. one should buy on cmp with SL of 0.73600. & look for the tgt of 0.7500 / 0.75500 as a wave 5.

TradingSutra

The current price action has formed a bullish triangular pattern which suggests that one should go long with SL of 67$ & look for the target of 71$ -72$

TradingSutra

USDCAD : An impulsive fall from the level of 1.2950 & an expanded flat formation in abc pattern peaked at 1.2760 suggests that USDCAD is ready to continue its long term bearish trend . One should go short with SL of 1.27650 for the tgt of 1.2400 / 1.2250 and 1.2000

TradingSutra

Breakout & retest of a diagonal . Buy near 1810 keep SL of 1740 and look for the tgt of 1860/1880/ 1920

TradingSutra

Stock is forming an inverse H&S . One should buy the stock near 146-147 zone keeping a SL of 138 & look for the measured tgt of 160 .

TradingSutra

Axis bank is heading towards its all time highs in an impulsive manner. One should go long on cmp with SL of 750 & look for the tgt of 850

TradingSutra

An impulsive rise from the recent bottoms & a formation of ending diagonal. one should go short with SL of very recent top i.e. 414 & look for the tgt zone of 398/380

TradingSutra

A steep fall which can be counted as 12345 impulse , suggests that vedanta stock is taking a correction in the form of a ZIGZAG pattern. The current rise looks like a corrective sequence of short term bearish trend which will complete this zigzag correction. One should look for short opportunity near 310 zone. keeping sl of 328 & target for the region of 260 /240 .

TradingSutra

This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal , a swift & a...

TradingSutra

A formation of ending diagonal spotted on GMDC chart. Buy with SL of 62 for tgt of 81-82. Stock can break the recent highs.

TradingSutra

On a lower degree we can see a five wave structure on the upside & after a five wave structure one should expect at least a three wave down move. As per the current structure one should go short on pvr keeping sl of 1350 for tgt of 1315/1308 .

TradingSutra

After an impulsive move AUDUSD should head south for a three wave correction. Keeping a SL of 0.72810 one should sell the currency pair for tgt of 0.72000

TradingSutra

The stock is moving in an impulse & right now it has just completed its 4th wave as a triangular stucture. BUY HDFC BANK: 1555. SL: 1533 TGT: 1575/1590 .

TradingSutra

After forming a high of 501 stock is falling in a corrective manner. This correction should reach upto 50% of the previous rise i.e. 50% of the distance travelled between wave 2 and wave 3 . The correction can be extended to the previous 4th of the lesser degree i.e. the region of 300 zone .

TradingSutra Updated 

This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp...