Pound has break all its resistance levels by making a bottom at the 83.35 levels.
And within a month it has given an incredible returns of up to 10%.
Now it is again try to test its major resistance levels which can lead it to another highs of 94.80-95 levels. So,
Buying Levels if it crosses Rs. 92.50 Levels.
For the TG: 94.85 levels With the SL: 90.14 Levels.
Nifty & Sensex both has been reaching its new high but Bank Nifty still struggling to cross the levels of 30200-30388 levels. Once these levels are crossed, expect Bank Nifty to reach at 31000, 31400 & 31800 Levels.
With a Strong base support at 28900-29000.
Be Cautious with each trade.
Near the high with corporate governance issues bring the giant at yearly lows.
On technical front
Infy may be testing @₹600-620 levels
Before any rebounds
Applicable below@660 close
Nifty has break all its major resistance levels and trying to test its major high levels.
With Technical levels it looks like it is trying to make a Cup with Handle Pattern. So Be cautious with your trades.
This Diwali we might see the new levels of Nifty. But still who know the bad news.
So have a strict SL of 11470-11490 Range.
Or buy if it gives opportunity at...
Watch the levels closely. Nifty after making 3 days of continuous higher high. Nifty is giving an opportunity for new high.
But a Stop Loss is always a necessary thing to consider.
Nifty levels on upside for the target of 11538
Sl with the levels of 11385-11390
Stock Market is turning around.
With all the bad news quite for while. But on technical front, after the release of MPC by RBI and considering the USDINR rate at 71.30 for analysis purpose. The rupee has started depreciating to new levels.
After breaking the levels of 71.20 -- USDINR is moving ahead for the immediate Resistance range of 71.60, 72.10 and 72.40...
With rising global concern and economic slowdown in the Indian Economy. Nifty doesn't showing any sign of Bullish trend...
with continuous 6 days fall in the Nifty a Small short-covering occurs. Making it more cautious for coming days.
With Shorting at the levels of 11265-270, for the Target of 11020-11000 with SL range of 11410-11425.
Is it a co-incidence or the NSE is already well-versed with the IndiaBulls Housing Finance Ltd. Once it was out from Nifty 50 Index, the Stock has turned into a falling knife.
With Laxmi Vilas Bank (merger declaration & PCA release by RBI).. the stock has turned out to be another wealth destroyer for the investors.
Be Cautious. on Technical Front the stock has...
Yes Bank the real wealth Destroyer which comes into effect after the corporate governance and NPA issues.
With its mediocre June Quarter Performance stock is all set to make a low.
On Friday, Yes Bank enters below the Half-century zone. The Diamond has started losing its fade. Here's what the technicals has to say..
At the current levels of 48-49. Yes Bank has...
With the global economic slowdown, dollar Index will soon spurt to new high thus impacting most of the emerging countries as well. So beware with all moves.
Though Indian government is doing everything possible but when their is no sales then expecting positive results is worthless.