Short BTCUSD below $11000 T1: 10750 T2: 10350 T3: 10000 T4: 9200 SL: 11350
BHARTI AIRTEL could move towards the buy zone marked and planning to accumulate in the buy zone for a low risk high reward setup
BANKBARODA in rounding bottom formation on weekly chart with support at 26 week simple moving average. On Balance volume rising continuously over a period of time. Its a good buy as long as it trades above 135
UCOBANK bullish setup - 44 coming soon (study purpose) Trilple bottom with Class B bullish divergence
Short gold below 1330 T1: 1320 T2: 1300 T3: 1290 SL: 1340
AJANTPHARM has been facing resistance at the channel top and upside looks capped. Those who went long its time to book partial profit and hold rest of the position with SL below 1520. AJANTPHARM test the channel median and bottom in the days to come.
Buy ASIANPAINT above 1185 T1: 1205 T2: 1220 SL: 1168
Buy USDINR above 63.870. Aggressive traders can buy at CMP (63.725) T1: 64.125 T2: 64.670 T3: 65.000 SL: 63.640
Short Nifty below 11055 T1: 11000 T2: 10950 SL: 11081
BANKNIFTY parabola on 15m chart. Looking forward to short after parabolic support is broken (27170)
Buy Copper at CMP (3.11+) SL: 3.08 T1: 3.165 T2: 3.200 T3: 3.250
MOIL symmetric triangle (study purpose only)
GODREJIND could move towards 750 in coming days as long as it trades above 580
GODREJCP has been trading within the channel since mid 2009. Currently its finding support at the channel bottom. Investors/positional traders can consider this as a buying opportunity as long as the channel bottom supports the price action. PS: Please use this idea in addition to your analysis.
RICOAUTO is currently facing resistance and in days to come it could test the channel bottom if it breaks down below 88. Rico bulls need to be careful even after a breakout above 107!
JPYINR monthly chart analysis (study purpose only)