nitinwadhwa

nitinwadhwa

Trending- downward on weekly chart. Previous resistance 0.8780 and moved up to 0.9000 and then came down breaking 0.8780. Found the support at 0.8624. Formed Engulfing bullish candle in w/c 12.07.2021 and closed above 0.8780. In the w/c 19.07.2021 touched a high of 0.8900 and came back to test 0.8780. Bullish scenario upto 0.90 and SL 0.87 The Next Day Daily...

nitinwadhwa

This one is for my friends in finance sector in India. By the looks of the chart, INR is going to strengthen against USD and if the pair breaks 72.60, it opens the door for 72 and if it breaks 72 then to 70 / 68. On the timelines, it may reach 72 by June / July 2021 and then 70 possibly by end of 2021.

nitinwadhwa

Buy Indiabulls Housing Finance at CMP 221, SL 160, book 50% at 360 and balance 50% at 600. Once at 1st target, move SL to entry price. To manage the risk, put only between 5-10% of entire portfolio in a single stock.

nitinwadhwa

Canara Bank- buy at CMP 133, SL 98, sell 50% at 205; buy again 50% at 175 if price drops to this level. Sell entire 100% at Rs 300. Duration within 12 months. To manage the risk, put only between 5-10% of entire portfolio in a single stock.

nitinwadhwa

Buy HDFC Bank at around 1095 and hold it for 1-3 months, target is 1300. Stop loss may be at 1018.

nitinwadhwa

Price reversed from 395 level and touched a high of 488 and coming down now. it should touch 417 before moving up again. Buy it at around 417 and hold it for 2-4 months, 1st target is 560 and 2nd is target 594. Stop loss may be at 394 levels

nitinwadhwa

GBP lost ground to all major currencies since March 2020 but has been able to recover except with AUD and NZD. What to expect from here for GBPAUD and with GBPNZD? This analysis only refers to GBPAUD levels. If you draw the trend lines on weekly or even on a monthly chart, the pair has touched lower side of the upward trend that has been going on since October...

nitinwadhwa

On a weekly chart, you can see that the pair started an upward trend in Sept 2015 and it continued until Jan 2018 when it touched a range of 0.8000-0.8100. Then it went into a downward trend and it continued until Oct 2018 and it touched a range of 0.7031-0.7050. Between Nov 2018 and Dec 2018, it gave a false breakout and continued with downward trend till Sept...

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Details given on the chart.