Akshay15

Akshay15

Keep HeroMotors on your watchlist for next few days. It's downtred is likely over, good time to accumulate the scrip.

Akshay15

icici bank is currently trading at one of the lower ranges of support, downside looks limited & upside is no limit. Low risk high reward trade.

Akshay15

For the first time in last two months $/Yen managed to close above 50 Day EMA Plus MACD is also holding positive momentum on daily chart. Also many shorts are trapped in this as reversal was sudden & strong. Another point supporting rally in UJ from here is Yield on US bonds.

Akshay15

The chart i have put up here is Ratio chart between US & Japan 10 year Bond price. this ratio chart has inverse correlation to $/Yen. Ratio chart which is a blue line broke down from the channel is likely to continue lower given the momentum on weekly & daily chart, which is likely to send the pair higher from here. I am also doubtful whether issue between N.K. &...

Akshay15

Fortis Healthcare has a good support around 141 levels, it saw a great buying volume as it dropped to 141 levels. Now it is dropping back again to 141 levels which i think would be a good time to go long on it.

Akshay15

Company reported strong results for this quarter but stock failed to rally further & witnessed selling pressure at higher levels one should short once the trend line breaks. There is also spinning top formation on daily chart with increased volume which suggests reversal may be on the cards.

Akshay15

Dow facing resistance at upper levels & getting support at lower levels. My personal view is it can break to downside, You draw your own conclusion.

Akshay15

Class A divergence: Just see new high made by pair and RSI reaching new low. Still wait for market to confirm the divergence.

Akshay15

Daily Chart of usdinr formed hanging man pattern signal of reversal from uptrend

Akshay15

If you see there dark cloud cover pattern on Dollar Index Weekly chart Coupled up with MACD showing strong downtrend sign & Parabolic Sar also indicating downtrend so all in all DXY qualifies as short candidate.

Akshay15

XABCD pattern Analysis It's clear speculation If banknifty retraces up from point B to Point C then it will go down to point D. At point D Take long position TP = 18524. Check for confirmations from other indicators before taking long position at Point D like MACD & Parabolic SAR.

Akshay15

Bearish XABCD Pattern: Short Level Entry - At point D. Zone of 63.20-63.46 is good for short entry. However Check for confirmation from other indicators like MACD & Parabolic SAR. In trade try to turn odds in your favor & take confirmations from other indicators. TP1 = 62.05 TP2 = 61.33 SL = 63.77

Akshay15

Axis is trading in the channel breaking which on either side would trigger long or short position accordingly Similar goes with Banknifty. Actually axis & banknifty chart are by & large mirror of each other

Akshay15

Daily charts are suggesting downtrend & dollar index as per my analysis should go down so short dollar

Akshay15

On weekly charts price closed below upper channel, Parabolic SAR has given sign of reversal, MACD to also give sell signal. overall it seems it's better to short at these levels

Akshay15

As I can see Price has closed above the lower channel, Parabolic SAR has given sign of reversal, MACD is also to give Buy. So on overall basis this is good time to long banknifty.

Akshay15

Looking at MACD the pair is in strong Downtrend

Akshay15

I recommend strong buy on IBM, Have little patience you would see the levels of 200 in a year or so.