financialmarketsalgorithms

financialmarketsalgorithms

Silver moving into short term downtrend on break of trendline support. Stop 18.5.

financialmarketsalgorithms

Divis lab is poised to break above the resistance level near the 785 mark and head toward the 825/845 zone in the coming weeks. Stop @ 744

financialmarketsalgorithms

TATA STEEL IS ABOUT TO BREAK THE HORIZONTAL RESISTANCE AND HEADED TOWARD THE 510/520 ZONE.

financialmarketsalgorithms

EURGBP is heading higher and is poised for bounce from support levels.

financialmarketsalgorithms

Expanding triangle formations usually have a bearish outcome.

financialmarketsalgorithms

USDJPY may be ready to move up after a period of consolidation. move out of channel will confirm that bulls are in charge.

financialmarketsalgorithms

Infosys has managed to defend the previous swing low near the 900 zone and is moving up. Positive MACD Divergence supports a move to the 975/990 zone in the coming weeks. @camohanraghav FB page Financial Markets Algorithms Blog Http://fmatechnicals.blogspot.com/

financialmarketsalgorithms Updated 

EURUSD preparing for downward movement?. Confirmation on break out of the ending diagonal formation (Blue lines).

financialmarketsalgorithms Updated 

Silver has moved up to commence the 5th wave target of 17.8 to 18 $ zone.

financialmarketsalgorithms

Nifty may be ready for next swing move down before gathering steam to challenge previous highs. Analysis is based on harmonic pattern analysis. Twitter @camohanraghav Facebook Financial Markets Algorithms Blog Http://fmatechnicals.blogspot.com/

financialmarketsalgorithms

Bank Nifty with high overbought readings on RSI and near previous resistance could mean that profit taking is on the cards. Twitter @camohanraghav Facebook Financial Markets Algorithms Blog fmatechnicals.blogspot.com

financialmarketsalgorithms

Gold has completed a wave 5 on 4 hr chart near 1234 levels and could be headed for a correction.

financialmarketsalgorithms

Wockpharma is showing signs of bottoming out at current levels and may be ready for a short term uptrend. Selling pressure is getting absorbed and macd positive divergence supports bullish view.

financialmarketsalgorithms

Prices are close to PRZ (potential reversal zone) as per harmonic pattern analysis.

financialmarketsalgorithms Updated 

Expected to break crucial support.

financialmarketsalgorithms

Copper Futures heading for bearish breakdown from ending diagonal pattern (Wave 5 end usually)

financialmarketsalgorithms

Yes Bank is showing a near term top formation around 1420 levels. Break of short term support near the 1380 mark will induce an additional downside of 2-3% from current levels.

financialmarketsalgorithms

A bullish breakout through horizontal resistance.