Buying emerged from support zone on Daily chart , followed by Double bottom pattern break out on hourly chart
Doji Candle on multiple resistance on hourly chart
Nifty : Bulls need to cross 10840 for further upside , whereas Bear may gain strenth below 10730
After Fridays sharp rebound Nifty need to trade above 10730 for further move toward 10860. Below 10690 Nifty may slide toward 10600-10570 levels
DLF : 192.7-195.2 may act as Resistance Zone
Confluence of Trendline supports in Zone of 373-364
Downward Slopping Wedge break out . Looks good above 2335.
EURUSD : 1.1532 to 1.1507 is acting as Demand zone . First higher low formation on hourly chart above 1.16 , it may rise till 1.1630-1.1640.
Stock Broke important support levels of 106.55-101.7 . Stock Looks Weak up to 121 level .
2800-2811 Could be potential resistance zone
Ashok Leyland looks weak on chart .
Mahindra CIE meeting my weekly Arrron strategy and also gave break out above Symmetrical Triangle pattern .
Nifty may test Bull' strength around 10870-10930 . As of now bulls r in control and defending level of 10700 . Any meaningfull correction only below close of 10700 and breach of that low.
Cluster of support @ 10710 ( 38.2% fibo ) and ( Lower channel )
Asian Paint is retesting Break out level formed after shallow retracement / consolidation around 38.2% Fibo level
Nifty next resistance @ 10912.8 ( 78.6 % fibo ) and 10930 prior swing high and own side 10708 ( 61.8 % fibo ) to act as support . Above 10930 Bulls may rejoice uper hand over bear .
After Break down Ceat facing resistance around 1421