HCL tech trading around crucial support One can go long at this position with the target of 960-980 Stop 890 Risk reward is 2.6
eurjpy has broken on upside and looking to touch 131.600 easily.
bank nifty is forming a declining wedge and chances of coming towards 33585 is high. below 34600 could lead to sharp fall of 10000pts.
PEL has broken downside from the neckline of head and shoulder and looks bearsih on downside first target comes around 1665
LT has formed top recatngle and looking to break down below 1437 target could be 1340.
relaince has formed H&S and broken from neckline near term target on downside is 1900
NTPC looks completely bearish and it has formed a descending triangle . one can go short below 102.5 with the target of 97.8 RR=1.5
CHFJPY looks super bullish it has broken the resistance line clearly in weekly chart. one can create long positions with target of 134. RR is 3.14
audnzd looking breakdown from descending triangle one can go short below 1.08150 for the target of 1.07850
one can create long position with the near term target 71010
bharti airtel is trading in the range of 550 and 515. one can create long positions above 550 with the target of 580. stop below 533 RR=2.15
chart looks completely weak one can go short below 1.79900 with the stop 1.83000 target could be 1.79000,1.77516
buy hcl tech above 978 with the target of 1005,1045 for positional. one can go long for intraday with the target of 986
colpal has reversed from strong resistance and broken downside from rising trend line so one could go short on highs for the day.
CSB made a breakout with good volume on upside near term target could be 300
nasdaq broken from the neckline of H&S clearly and indicating weakness. with this index have broken long term rising channel.
dr reddy has broken from descending triangle. looks like its going to be rangebound. one could go long with the target 4660,4900 with the stop 4390
tata elxsi has broken upside from bearish channel and looking for strong upside . short term target could be 2800.