CRUDE OIL TRADING IN A BEARISH DESCENDING CHANNEL.. EXPECTING 54.5$ TO B HIT.. RISK REWARD RATION IS AWESOME @1:5.58
XAUUSD IS FORMING A BULLISH BAT.. AN INTRADAY BUY OR BTST CAN B INITIATED IN THE COUNTER FOR 8-10$ UPSIDE..SL BELOW 1266$
BPCL ON A VERGE OF A REVERSAL .. EXPECTED PATH IS SHOWN..
ULTRACEMCO GAVE A FRESH BREAKOUT , BULL FNP ALREADY BROKEOUT .. ANY DIP TOWARDS 4150 LEVELS COULD B BOUGHT INTO WITH SL BELOW 4070 TARGETING 4500 LEVELS THIS TIME.. VIEW IS NEGATED IF MKT STARTS SYTAYING BELOW 4100..
XAUUSD BROKEOUT IMPORTANT SUPPORT OF 1280$, NOW I C 1264$ AS A POTENTIAL REVERSAL PT FOR 1360$, SL CN B KEPT BELOW 1250$...
BANKNIFTY SPOT , IF BREAKS AND SUSTAINS ABOVE 30250, MAY DO GOOD UPSIDE.. IF STAYS BELOW 30200-250 ZONE, MAY DO EXPECTED DOWNSIDE SHOWN IN THE CHART..
WIPRO HAS ALREADY APPROACHED THE UPPER ASCENDING CHANNEL RESISTANCE WITH A BEARISH ABCD PATTERN, NOW FORMIMG BEARISH FNP WITH A NARROW RANGE BOUND CONSOLIDATION BETWEEN 265-253 ZONE, WILL SHORT BELOW THE RANGE BREAKDOWN.. I M AIMING FOR 230/228 LEVELS IN SHORTTERM...
GBPUSD RANGEBOUND,PROBABLY IT MAY FORM AN IHNS PATTERN IN BIG TFS...
BVHARTIAIRTEL BULLISH PENNANT BREAKOUT ABOVE 360, WILL GO LONG ABOVE 360(SUSTAINED MOVE) SL BELOW 353 TGT 395/400
AS DHFL BROKEOUT ABOVE FALLING PRICE CHANNEL, AND NOW NEXT HURDLE IT HAS TO FACE AROUND 178-180 LEVELS, WHERE I M EXPECTING A DIP TOWARDS THE RETEST OF TRENDLINE BREAKOUT TOWARDS 150-45 LEVELS, WHERE MIDTERM BUYING MAY B INITIATED, IN ALL CASES WE ARE GONNA WAIT FOR A REJECTION OF THE OPPOSITE FORCE AND THEN CONFIRMATION...