BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
YES BANK, VODAFONE IDEA LTD, DISH TV INDIA LTD, DEWAN HOUSING FIN, NTPC LTD, RBL BANK LIMITED
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
A break below 10600 Nifty should mean that the biggies have completed their distribution , which seemed to on looking at the channel formation of past few weeks.
The stock seems to be readying for a reversal . Investors watch the 1825 levels !
Being oversold, a technical rebound is now due - And the Biggies are buying it ... trade along !!
Watch the 24k level for BankNifty - Below this the bull phase will end !
Long term trend analysis coupled with reversal indicators suggest caution - A break below 850-860 could lead to profit booking
USDINR should test Rs 64.50 and 65 levels in coming few days which will act as major resistance zones.
Once cleared , a fresh view can be taken !
The Nifty seems to be forming a HEAD - which fact I discussed in my sessions as we touched 11k.
The next leg should be down towards 10400 - which is the neckline level.
Check my analysis based on fibs and trendlines
Scrip has formed a classical bullish wedge formation and the break out of the wedge is also supported with volumes
Low risk entry for indicated targets . Seems to be a good trade !
Simple trend line analysis suggests that EUR-USD is ready to break above the 1.1900 barrier in coming days. This should start another up leg for this Pair.
Rajiv D Khatlawala
A volume breakout above 1050/- should lead to a good price movement! Watch this !
Weekly bearish engulfing - will watch 800/- below which delivery based selling can be expected.
USDINR seems to be taking too long deciding a break out of the range of Rs 65 and Rs 64. Keep an eye on Rs 63.95....
Targeting 180+ levels .
Silver - should be positive abv 16.35 for a tgt at 16.90. Keep SL at 16.10 on longs
The breaking of the level of 1240 suggested a down move till 1205/1210 levels based on retracements.
Now a fall below 1204 can open up target of 1185/90 on the downside. Upmoves will be corrective.
Tata Motors i at long term crucial support of 440/- a close below this will weaken the stock. Refrain from buying