RCOM :Flag to break abv 31 ? The recent low looks like a good stop for a positional trade now. Disc: These are some trade setup ideas only. Please do your own due diligence and trade planning.
No going for all time high at 900+ 745 region is now the major positional stop. Can SAIL remain too far behind!
The H&S pattern broke on eicher near 28K and it can easily go to 22K in adverse market. These are not recomnedations to buy or sell. Only ideas for further investigation
Revisiting earlier sent chart on DXY : Tgt near 80 looks good now. If we break back above the breakdown line, the set up will be discarded
After breaking through the prev high at 1357, Gold is the cusp of a IH&S formation/ It may struggle here for some time but if it breaks (in conjunction with a fall in USD) then a target of 1700 will open up.
If we are able to hold up for next few days it will be the highest monthly close since 2013...A great platform to catapult forward from!
SILVER: 2016 high is the next target on this breakout. A tgt of 21 should be possible within H1 2018
Once the rising TL breaks, global currency mayhem may start as roll back of carry trade begins! USD cud get butchered and PMs will soar to new highs!
RCOM : Is this a new leg starting here !! If this were to fructify, expect a new year high soon..... I would keep tight stops at recent lows near 26-27 High risk high return counter.
RADICO : The party goes on A simple chart breakout that went all the way! Discl: Invested in Mi50 since 140ish.
DXY : H&S and a Megaphone!... 78 can come quickly!
DXY: Very Crucial support point If this breaks conclusively GOLD and Emerging Markets should see a crazy fund flow... ( My guess and hunch only)
Goa: Looks oversold for a bounce / Discretionary trade Keep stops near 950 .
JPA : will it be successful this time...