Value shifting Higher . Suggesting strong Uptrend. Strategy : Looking for long at Value area low (VAL ) @ 1769
EURUSD in strong Up Trend . 1.1911 -1.1882 is good level for Long Entry with Objective of 1.2090 stop 1.1810
GMDC is placed in sweet spot on weekly chart after completing perfect Rounding Bottom Pattern and multiple Long term Trendline break out .
On weekly chart nifty made spinning top candle sending cautionary signal to bulls with bearish divergence . Even Nifty is at upper Bollinger Band resistance level from where in past correction has been witnessed. Below 10460 Bulls may lose their HOLD Bulls need to push Nifty above 10555 to fuel further strength in current upmove .
Tata steel : Stock is in confirmed UpTrend . Looking for long opportunity around 713-706 for 750+ . Pattern failure below 700.
Below 25420 Bear may push Bank Nifty to 25198-25061
Nitin Spinner : Minor break out after making higher low structure. Major break out above 122.
Nifty : Bullish Trend Levels : Move above 10500 and Action @10413 incase of pull back Indicator : Bearish Divergence on hourly chart
Weekly close above 21 may turn long persisting bearish trend into bullish one .
Jubilant Life science meeting my weekly Aroon strategy criteria . Stock may sustain this bullish momentum for long term .
Weekly Trend turned bullish . I will like to pick BEML near Value area low (VAL ) which is around 1600. Any push above 1630 will strengthen upward momentum for 1660-1700 , Pattern failure below 1558.
Spinning Top candle at Tendline resistance .Below low of this candle 10319 bear will have upper hands. Bulls has multiple hurdles @ 10373 and 10412
TNPL : High Volume weekly breakout with Bullish Aroon signal
M&M : High volume weekly Triangle pattern break out with bullish Aroon signal
SBI : On hourly chart -Bearish Pole and Flag pattern break out below 308
Ashok Leyland : Lower high on daily chart and Trendline break down
Good recovering seen from support level .