hitendravasudeo

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ETH USD Need to survive above the trend lines and move higher along with RSI oversold as it happens in near term. Violent trend line breakdown with volume could lead to crash. It do or die for ETH USD. Consolidation must happen on or around the Trend line along with oversold if it happens.

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Dollar Index RSI is inoverbought on daily chart. The base for Dollar Index is 90-88. Falling Dollar Index is generally helps the equity market to move up. Remained flat between 90-88 help as well. Now Dollar Index has been up as seen in the chart. Daily chart gets in Overbought. The trend line resistance is around 93. The lower top is 93.44. The supply...

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USR INR Resistance of 73.3150 is being crossed. RSI moving higher now after become oversold some days back. In oversold USD INR was under 73. Now aims to move towards overbought in near term to test resistance of 74 or above

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US OIL Trend appears to be up. Expect rise towards 74.55 in near term with volatility. Breakout above 67.99 has the implication for a rise towards 1.618 retracement of 74.55

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Shiba Inu /USD Support of 0.000000607 was violated. Low made was 0.000000550. A recovery is seen back back 0.000000607. Swing bottom has been formed on daily chart eod. Further weakness is below 0.000000550. RSI in oversold if sustains at current level or above then expect near term rise towards 0.000000928. Supply zone will be 0.000000928/0.00001038.

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TSLA Correction and consolidation phase. Below 530 deeper correction. Overall consolidating eventually needs a falling trend line breakout.

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UK OIL Crude getting inside the supply zone as it attempts to move higher. Falling trend lines along with 0.786-0.89. Daily chart trend is up as monthly get in the supply zone. Next few day or week could be crucial for trend to sustain and establish itself further. For time resistances hanges overhead in an attempt to move higher.

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FTSE A channeled up move along the median line. Pullback towards 0.786/ 0.89 retracment can be tested along with falling trend line. Under performance has been witnessed in relation to world market cycle for the index during the phase from March 2020. Upper resistance as mentioned above can be test but key will be provide a breakout and sustain. Imagine...

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USD INR Key resistance 73.31 Weaker INR could put pressure on equities. breakout above 73.31 for usd inr pair can lead to a rise near 74 or above. Strong base support at 72.40-72. Strength for INR is around 72. Oversold nature on RSI can lead to some pullback of the fall . in this process could cross 73.31 on closing.

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Bank Nifty Surviving the trend line is key for extreme near term. Eventually needs a breakout and close above 36000 to continue the sequence of higher top and higher bottom formation. A fall and close below 34400 can lead to correction putting pressure back on Nifty/Sensex as Bank Nifty stock have weight on Nifty/Sensex

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Resistance being witnessed around the earlier peak. If the Sensex can manage to sustain above the peak with bullish candle then expect a rise towards 1.618 fibonnaci retracement of the fall from 52472 to 47285. Support of 51700 critical. Failure to sustain above 51700 can once again lead to minor correction and sideways volatility. As long as 51700 is not...

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Resistance breakout and acceleration towards Fibonacci Retracement

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Trend line breakout and follow up rise

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Trend Line Breakout

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Sensex Sensex resistance and supply zone trouble the market. Hold itself from running up. Nifty rallies slowly up for new high. But sensex not yet. Supply zone -51586-52516. RSI is near over bought zone. Breakout absolutely essential. As Sensex struggles, mid cap and small cap rules the market. MIDCAP and SMALL CAP is running up. If you seen the BSE...

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Gold Mcx Expect near term correction to sideways volatility unless 49800 is crossed immediately for trend trend breakout. RSI has shown a negative divergence. A fall today with bearish candle suggest a swing top for near term correction and sideways volatility. A retracement of the last rally could happen for correction and consolidation before making...

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NIFTY FUTURES Breakout above the historical peak witnessed. Channel within a channel has been shown in the chart. The breakout and larger channel effect to be seen. Near term concerns RSI in overbought zone. Reversal with a lower high and lower low or swing top here now can hold the rise for minor correction or sideways volatility before moving higher. The...

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DOGE/DOLLAR A correction phase is being witnessed. Wave e (a) is being witnessed. The correction can get complete at 0.264 or below. Or On Breakout above 0.380 On breakout above 0.380 expect rise to 0.517-0.590 As long as bottoms of 0.249-0.2258 is not violated. Dips can be for consolidation to show breakout above 0.380. Now, we need to see what happens...