IOC weekly chart study IOC finding strong support between 366-385 zone but finding resistance at 50 wk EMA
Short BTCUSD below 9150 T1: 8650 T2: 8500 T3: 8200 SL: 9452
Short Copper (XCUUSD) between 3.07-3.10 T1: 3.00 T2: 2.97 SL: 3.12
Buy JETAIRWAYS between 705-706 T1: 713 T2: 722 T3: 730 SL: 694
Buy Nifty above 10245 T1: 10350 T2: 10420 T3: 10600 SL: 10160
1) BANKNIFTY has a strong support at 24800-24780 zone. 2) A breakdown below this level could take it towards the channel bottom. 3) The downside now looks bit shallow compared to the upside. 4) A breakout above 25700 is important for the prevailing uptrend to continue
USDINR is all set for a breakout. 65.00 is going to be important support. Buy USDINR above 65.60 T1: 66.30 T2: 67.00 T3: 67.80 T4: 68.50 SL: 64.60
1) NIFTY on day chart has been trading withing a symmetric triangle since early Feb 2) Trading below 89 DEMA and 144 DEMA and SuperTrend giving a sell signal. We can ignore this sell signal as long as Nifty trades above 10170 on weekly close basis. In a trending market lagging indicators tend to give false signals upon a pull back/correction. 3) A break above...
Short Crude Oil at CMP (62.15+) T1: 61.00 T2: 60.00 T3: 59.50 SL: 62.80
11700-11750 zone is going to be a make or break zone for Bitcoin as all the major trendlines converging at one point are saying something!
Buy ADANIPORTS above 415 T1: 440 T2: 480 T3: 500 SL: 396
Buy GODREJCP at CMP (1090+) T1: 1125 T2: 1200 SL: 1065
Buy DMART between 1350-1310 T1: 1550 T2: 1730 SL: 1240
NATGASUSD has been trading within a rectangle since mid Feb. We will be looking forward to take a position in the direction of the breakout. 2.72 and 2.61 could be crucial in deciding the direction of the trend in days to come Keep watching this space for latest trades in Natural Gas
Crude oil has been trading within a broadening pattern and we will be looking forward to grab the next move depending on the price action. Currently its at the megaphone resistance. We will wait and watch for now and take a position based on the current candle close