hitendravasudeo

hitendravasudeo

Nasdaq 100 E Mini Futures Resistance is at 13600. Further rise is above 13600. If sustains above 13600 then expect a rise towards 15346 in due course of time. Indicator like RSI showing negative divergence therefore breakout and close above 13600 is essential for further near term rise, based on hourly chart.

hitendravasudeo

SSE SHANGHAI Support good enough to hang out at 2054-2001. RSI almost near the oversold zone. Demand zone can be seen between 50%-61.8%. Candle has been long legged doji. A swing bottom now with higher low and higher high can resume a rise. In that case expect rise towards 2174-2200 which will be the supply zone. Range bound swing and volatility...

hitendravasudeo

Dated 04/02/2021 17.48 hours PERCEPTION INR TO GET INTO STRONGER REGIME USD INR has good support at 73-72.63. The level of 73 it has held well since September 20. Resistance is at 73.30. The chart is is making lower tops since November 20. Overall the major peak for USD INR has been in March 20 when equities world over crashed. The peak in March 20 was formed at...

hitendravasudeo

Nifty did close above the earlier peak of 14798. The close on 03/02/21 is at 14820 with indecisive candle. A stalled pattern, doji , star, hanging man etc. Post indecisive candle, the movement needs to be outside the range of 03/02/21- The high and low of 03/02/21 is 14903-14611, The next directional movement is outside the range 14903-14611. Traders already...

hitendravasudeo

Bank Nifty has tested the breakout implication target 161.8% of the fall from 32971 to 29752. Expected level was 35000 and the same has been attained as high registered on 03/02/21 is 34998. An indecisive candle- doji/hanging man has been formed which suggest that further direction is out side the range of 03/02/21. The high and low registered on 03/02/21 is...

hitendravasudeo

Dated 02/02/2021 at 21.00 hour BANK NIFTY DAILY The above chart is the hourly chart of Bank Nifty February'21 contract. The gann angle provide the support from the base of 20442 to 32899. Subsequently, a correction in last week violation the angle to swing for correction. One phase of rise was from 20442(24/09/2020) , 32899(21/01/2021) and to correction low...

hitendravasudeo

NIFTY has resistance at 14671. Is sustains now then expect a rally to 15442. It is also the implication of the breakout above the Jan March 2020 high .