As per the price pattern the trend is looking very strong and very soon we can expect a good bull trend again above 750+ levels.
DJ on the way to new highs soon.
Have a great trading year ahead.
It seems that the uptrend is still in continuation this will move further if crossed 111 USD
Might eve ln bounce from a little lower levels but I feel Upside is possible
On the verge of a breakout, found in Hourly candle if crosses 1.47380 and sustains it might give a good up run upto 1.47918
lets see the market how it reacts .
Supporting the trendline and moving gradualy up, v=creating a bullish scenario.
Flag pattern found on the 1m candle might give the breakout.
Sl should be near 1.47145 Tgt 1.47645-918
Nifty will take support and Rise again
14650 will support and will rise again towards the level of 14850-19500
One pull back on the downside expexted towards 14600 then uprally will continue and if holds the levels of
14850-14900 will be seen.
Inox Lesiure is presently in downtrend channel , The indicators are bearish until it touches 263 levels there is a major support.
If tomorrow it fails to bounce back the trend will continue to drop till 263
Above mentioned is only for study purposes, kindly review or consult your financial manager for confirmation.
I am not a Sebi reg analyst, this is purely...
