Idea Cellular is forming a bullish basing pattern and has defended the last swing low near 65/67 levels successfully. A break above 80 will confirm that the control has shifted to the Bulls.
EURUSD poised to move out of lower trend channel. Probability of downward break confirmed due to bearish MACD divergence. Targets 1.05 to 1.055 zone
US Crude commencing Wave 5 after corrective Wave 4. Heading toward 55/56 levels before reversing.
USDJPY is starting to show bullish divergence indicating that the downtrend may be coming to an end.
GBPJPY has completed ABC corrective wave (Wave 4) and ready to test previous highs. It has completed 50% Fibonacci retracement of the previous swing move.
The stock is acting well in the limited trading history available. Higher targets of 400 plus possible in the coming weeks. Investors are advised to Buy on dips with stops near 320 levels. The bullishness in the stock will continue till the interest rates tend lower.