


EURNZD below the weekly trendline has formed a mini channel and price is struggling at low of channel. Daily close below this channel would be a comfortable sell for this pair.
NZD USD has been in a downtrend in 2019 . This pair showed signs of recovery in SEP-DEC when inverted head and shoulder pattern was formed. Neckline was broken in DEC, which also led to the break of long term resistance. Price is retesting the same trendline which it broke. Their is a point of conflunce (Marked by RED Arrow), in case price comes to those levels it...
Price is at the TOP of the channel, Bearish engulfing at the top of channel is welcome sign. It has formed head and shoulder pattern. Once the price crosses the neckline we will have the confirmation and target is down south. Keep a watch.
Levels mentioned in the picture. Good Risk Reward Position developing in ITC.
Goldman Sach is in bullish trend. For short term price will form a corrective wave and may come down to the levels of 210. Long term trend is bullish and we can enter once correction is over.
After a stellar run in 2019 , it seems Microsoft is taking a breather. Price has formed a ascending traingle. Till the price does not comes clear of this traingle formation , i guess we need to wait.
In last one year this is the third time that Adani ports has formed cup and handle pattern. We need to watch out whether this pattern will succeed. This pattern is more meaningful in weekly or monthly charts.
Bharti Airtel in a Channel since 1 year is at its support now. Buy at these levels SL:- 330 , Target :- 390
Price has taken support thrice on the trend line which confirms the support. Buy with a target of 673
Container Corp ( CONCOR) :- Formed "Cup and Handle Pattern" is at its breakout point of 600. SL:- 575
Apollo tyres at top of channel Sell on both weekly and daily charts. SL: 194 Target: 152 CMP:- 184.25 Good Risk Reward.
As long upward part of the channel is not breached. .. Target is intact...
VOLTAS AT ITS RESISTANCE AT THE TOP OF CHANNEL Weekly and Daily charts are bearish. SL:- 706, Target :- 590 , CMP:- 678
Major move expected in yes bank if it breaks traingle on upper side. Target upto 60 is expected in coming days.
Deepak Nitrite base of traingle is around 200 day moving average. Traingle setup can be bought at 266 ( If it corrects) or above 290 once it croses the traingle setup.
Double Botttom On Both 15 Minutes and Daily Chart for yes bank. Can go long on this stock with stop loss as today's closing price.
On higher time 1D frame BSOFT has broken down from wedge pattern. Today it re-tested the same levels. On 15 min chart it is at the top of downward channel and on high volumes it is breaking down. It is a high probability trade with swing target of 82.