Dear Viewers,
As per my previous analysis, it was communicated that there exists a potential bearish breakout, however, in the past week there has been an extreme volatility under the range of 1.3114 to 1.2976. For any potential breakout for further bearishness, this pair must break low of the low. Any breakout below 1.3080 could pave a way for a further downside....
Dear Viewers
Hope you are following a strict stop loss to protect your profits on this pair. As per previous analysis, a hint was indicated about
a possible further breakout after crossing 1.3190. It is imperative to note that 78.6% Fibonacci level (1.3165) is surpassed on this pair and this paves way for a further downside. The next downside level to watch for...
Dear Viewers,
Further downside is persisting in WTI. Potential for testing 59.62 (50% Fibonacci Level).Any move below can trigger further downside.
Be cautious on your long positions. Time to book profits through shorting.
GBPUSD on a trail of bullishness and surpassed 78.6% Fibonacci level@1.3190. Bullishness likely to persist. Any reversal below 1.3190 likely to make way for further lows.
Dear Traders,
If you are looking for trading in Bank Nifty. There exists clear technical signals.
Bank Nifty is on a bullish pathway and is likely to breach 78.6% Fibonacci level in the next trade. There is a clear confirmation from both RSI and MACD.
Anyone interested in going long please do check PSU index as well for double confirmation on the persistence of...
The major support broken today and this paves the way for the more bearish perspective on GBPUSD. The next major support exist at 1.2512. There is a clear confirmation from both MACD and RSI. On the fundamental side political uncertainty is still looming large due to delay of Brexit vote. It seems no news is good news.
Dear Traders,
It is a good opportunity to go long in Hindustan Unilever Ltd. The upper resistance breakout is triggered at 1808.75 and the Vertical Target is at 2070.
There is a high probability of reaching vertical target. There is a clear confirmation from MACD which is above the signal line and is bullish.
Dr.Reddy's has broken its top resistance zone and is bullish throughout the day. It is a good opportunity for the astute investors who are looking to accumulate it. The fundamentals have been very strong. It has posted a record rise in revenues in recent financial reporting, cleared lawsuits in the launch of generic drugs and is a top choice for diversification of...
Cable crossed 23.6% Fibonacci retracement and heading towards its major support line. Fundamentals are weak as there in no clear consensus on Brexit deal. There seems to be a high probability of breaking below the support line in the week ahead if NO deal scenario materialize.
