As rupee is weakening take long position at usd inr inital target will be 76.5. use trailing stop loss 50 pips. double bottom has formed and the rupee is looking bullish.
hdfc bank is hanging on its support level 1026 which might break and come down to its crucial support level at 1000. wait for support to break and if it gives a short signal short it. target 1000. sl 1034. risk reward ratio 1: 3. use trailing stop loss for further downward trend.
just dial looking to breakout towards downwards. SL 368. wait for the price action breakout signal then trade. Target will be 342. use trailing stop loss after achieving the target. the downward trend might reach the next support at around 330. Risk reward ratio : 1:3
Nifty broke its previous low for the first time since the last 6 months with the formation of double top pattern, also bearish RSI divergence has formed at the top which is a sign of big breakdown but not necessarily it can fall big. Also RSI tried to cross 60 twice.If rsi crosses 40 then nifty might show a big downfall in the coming days. strong support at around...
bajaj finserv has broken its support level in 1 day time period. Target 5585. stop loss 5770. RISK : REWARD - 1:3 you can use trailing stop loss of EMA 8 after achieving the target.
Currently holding on to the support level at 1770. likely to give a breakout downtrend and mostly will fill the gap towards 1670. SHORT at around 1770 while wait for the breakout TARGET: 1670.