financialmarketsalgorithms

Extremely poor results from Axis Bank induce a sell-off taking out a 6 month trendline. Trend now bearish.

Struggling to clear resistance @ 113 zone. MACD in sell mode. stop 113.25. Targets 110.5/109.5

A bullish MACD crossover and 20 DMA above 50 DMA after long time. Some positive news from from FDA as well. Targets 585/620 TF 3 MONTHS

NALCO at new high on break of horizontal resistance. MACD turning to buy mode.

Bullish breakout on heavy volumes. prices heading higher. Sl 36 closing basis. MACD in buy mode.

positive divergence on MACD. A bounce to 1.18/1.1850 possible in the next 2 weeks.

EURGBP may move up to 0.8950/0.9050 in the coming weeks on the back of positive MACD divergence.

Bank Nifty has failed to crossed the strong resistance at 25k and is now fallen to threaten the support zone near 23800/900 levels. Time to watch from the sidelines if the Bears are able to break this support on high volumes.

Gold Silver ration may in favor of Gold as bouncing off support at 74 zone and moving above trendline resistance. SL 74 MACD also turning up

USD looks to break higher against the INR on the back of a hawish FED. Targets are 65.25/65.75 tf 1 month. SL 64.10. MACD turning into buy mode.

Crude looks for targets near the 54/55 zone in the next 2-3 months. stops near 47.5 closing basis.

Bullish MACD crossover on 4 hr chart supported by moving average crossovers.

Swing Buy for targets of 530/540 zone. Stop @ 480

Breaks above minor resistance at 324 and trading range. Stop loss @304

Down wave completed. Buy Dish TV which is seeing accumulation at lower levels. Targets 86-92 Range in 1 month.

Stock poised to move above 62% retracement level and could target 235/240 in the coming quarter.

Unitech breaking out on huge volumes. Fundamentally not a great stock but when technicals improve need to watch out.

Bullish break on massive volumes.