OmiFX8

05:29

OmiFX8

target 108.80 - 106.60 Stops above 200 day MA will reattempt shorts as long as longterm falling trendline hurdle is intact.

03:25

OmiFX8

Gold could surge to $1,325 once it closes above the 20-day moving average.

05:02

OmiFX8

SELL ON RISE

01:33

OmiFX8

weekly chart shows a bull doji reversal

OmiFX8

DLF bottomed out on May 22 as indicated by the high volume long-tailed green candle, but price needs to travel beyond a key hurdle before bear could be pronounced as dead. The share price is stuck inside a falling wedge and only a daily close above Rs. 212 would confirm a bull breakout and open doors to Rs. 226 (April 30 high) and Rs. 242 (rising trendline...

OmiFX8

Rationale Repeated failure to scale the Rs. 200 mark bolsters already bearish tech setup - bear inside day reversal and 5,10 DMA bear cross on the dailies

OmiFX8 Updated 

Rationale Last week's long-tailed doji signals strong dip demand. 5-week and 10-week MA bulls cross seen in April, Averages now biased bullish. Could test 100-week MA lined up at 83.97

OmiFX8 Updated 

Bear flag breakdown has opened the doors to Rs. 200 Keep tight stops.

OmiFX8

Sell below 10,400 Objective 10,320 Stops above 10,443 Rationale - Weak follow-through to yesterday's bull flag breakout. Nifty is struggling to remain bid, trades below ysday's high of 10,443

OmiFX8

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OmiFX8

www.fxstreet.com