Reliance Reliance after breaking out of its Flag pattern has shown 4% rally and formed a DOJI pattern yesterday signalling a good move is on the cards.Stock has closed above its congestion zone of 903 and can see an upmove till 950 odd levels. Buy above 921 Tgt 926,932 and 940 SL 917 Sell below… Read More »
As discussed last week USD INR is near an all important support of 53.84, Holding the same bounceback is expected. USD Crossed our Trend Deciding level 54.15 and achived our target of 54.98 . Lets analyze USD INR technical for coming week. USD INR 4 Hour Chart USD INR 4 hour chart has broken out… Read More »
HUL HUL came up with a good set of earning yesterday, Stock has broken out of its trading range with breal of pennant formation suggesting follow up buying will come in today. Buy above 500 Tgt 510,518 and 527 SL 497 SBI SBI has been trading perfectly in its uptrending channel, SBI has broken this… Read More »
HUL HUL is trading near a crucial resistance of 100 DMA, which stock is unable to cross from past 3.5 months, Unable to cross this time pullback can be seen in extremely short term. Buy above 491 Tgt 493,496 and 505 SL 486 Sell below 482 Tgt 480,477 and 474 SL 484 Asian Paints… Read More »
As per readers request discussing the USD INR technical analysis and Intraday trading levels. USD INR 4 Hour Chart USD INR 4 hour chart is trading in a perfect symmetrical triangle , volatility has almost died signalling the advent of big move in round the corner. USD INR Daily Chart Breakout on daily… Read More »
Faith in your system = Belief through back testing + Experience of winning with it for years Whether any individual trade is a winner or loser should not influence your faith in your system and trading method. You should trade in a way that each trade is just one trade out of the next 100.… Read More »