vaidhynathdubey

vaidhynathdubey Updated 

1. USDINR have move upward Darvas box . 2. Momentum indicators are in +ve zone 3. rising crude price may push dollar up.

vaidhynathdubey

on hourly chart Bajaj auto breaks flag and poll pattern. one can play buy strategy .

vaidhynathdubey Updated 

reverse cup and handle breakdown -ve RSi . one can take short position in script.

vaidhynathdubey

A triangular pattern is about get completed on daily chart. rising dollar putting pressure on gold prices but their is higher chances is may go up before festive season. instead of entering in any trade one should wait for confirmation. momentum indicators are in week zone.

vaidhynathdubey Updated 

1. gold is making triangular pattern on daily chart. 2. 45810 is support line. immediate target 46740. 3. RSI show a positive divergence. NOTE: one should avoid entering in buy trade if USDINR show green light.

vaidhynathdubey

1. rising crude (-ve for equity, good for bullions) 2.+ve divergence on RSI and MACD.

vaidhynathdubey

IF any profit booking comes . then with resistance ( white line) as a stop loss, one can short. but if market shows weakness one can take a short call ( RSI divergence pointing towards the weakening momentum)

vaidhynathdubey

ITC is about to break monthly trendline. RSI looks positive . we can enter if it breaks and retest the line. Defensives' are in spotlight. NOTE 1. PHARMA index is about to breakout. ( Due to defensive play) 2. REALITY INDEX has been upside . ( under values stocks are bought and expensive stocks has been sold) 3. Good MONSOON is good for ITC. ( buying due to good...

vaidhynathdubey

]silver looks week on weekly and daily chart. RSI on weekly and daily are week. although silver trades at support line and global data looks +ve . one would wait before any trade but with weak silver bias. NOTE: Festive season is ahead so silver can show some volatile move.

vaidhynathdubey

1. Fed postponed bond tempering. ( +ve for gold) 2. china default has been resolved. ( -ve for dollar$ , +ve for gold) 3. festival season ahead gold might show strength if break triangular pattern upwards. try to buy around 45,800.

vaidhynathdubey

we can see crude with upward direction for intraday purpose.

vaidhynathdubey

1. reverse cup and handle breakout ( -ve for gold price) 2. support near by 60000 (+/- 200) range ( +ve for gold price) 3. next month festival and weeding season (+ve for gold price) 4. global uncertainty around china real state bauble (+ve for gold price) 5. bullish divergence in RSI on daily time frame. all above are the trigger point which might help...

vaidhynathdubey

on 1 hour timeframe USDINR$ have made a cup and handle pattern AFTER THAT forming a horizontal channel . it might go upward not only because of channel pattern but also due to china's real state giant company default problem. which eventually strength the dollar.

vaidhynathdubey

on a daily time frame script has already break a trendline on upward direction. now a Retracements with low volume to retest the trend line is under construction.

vaidhynathdubey

hdfc life made new high. stoploss 675 closing basis

vaidhynathdubey

on hourly chart vedant shows divergence . 1.RSI in negative territory. 2. MACD going downward 3. symmetrical triangle pattern. although market is bullish but hence not try to short.

vaidhynathdubey

bajaj auto about to make life time high with volume.

vaidhynathdubey

after a long time bajaj consumer is trading above 200 EMA also , triangular brake out is on the way. momentums indicators are in +ve zone. Target -- 210/215 stop loss -- 196.