USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
UTTAM VALUE STEELS, FED BANK, RELIANCE COMM LTD, PC JEWELLER LIMITE, ADANI POWER LTD, ASHOK LEYLAND
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Target 1: 387.45
SL: 106.88 (CBSL)
Target 1: 129.65
Target 1: 548.52
Target 2: 580.44
Target 3: 586.50
Long price: 221.35
Target 1: 238.55
Target 2: 244.80
Wait for volume to break. Observe only volume indicator as momentum indicators does not work better in sideways price movements. Wait for breakout with good volume.
Wait for a high volume breakout before entering..
Wait for breakout..possibly could end up as fake out.
Looks like after descending triangle, a bearish pennant is on the way..still wait for a major breakout as BNIFTY is forming an ascending triangle.
What do you think?
Previously also HINDPETRO broke resistance, do you think it will again do so?