AMITDANGI

AMITDANGI

USD-CHF PAIR MAY FORM HEAD AND SHOULDERS ON SMALLER TIME FRAME (M-15) WHICH IS AT RIGHT SHOULDER AREA. M-15 HEAD AND SHOULDERS (MARKED WITH PURPLE COLOR) BUY ENTRY: 0.9460 (AT MARKET) STOP LOSS: 0.9440 (AGGRESSIVE) OR 0.9425 (CONSERVATIVE) TARGET: 0.9490 (COMPLETES HEAD AND SHOULDERS ON M-15) H-1 HEAD AND SHOULDERS (MARKED WITH YELLOW COLOR) WHERE M-15 HEAD...

AMITDANGI

GBP-USD FORMED DESCENDING WEDGE ON 15-MINUTES CHART UNDER H-4 RESISTANCE AREA OF 1.2540. IF PAIR MANAGES TO BREAK SUPPORT LINE OF WEDGE AND CLOSES BELOW 1.2480 THAN WE CAN LOOK TO SELL THE PAIR. SELL ENTRY: 1.2480 STOP LOSS: 1.2555 TARGET: 1.2385

AMITDANGI

RELIANCE INDUSTRIES STOCK CHART IS TRADING IN A DESCENDING TRIANGLE SINCE JUNE 22, 2020. YESTERDAY, JUNE 30, 2020 CHART BROKE AND CLOSE BELOW SAME TRIANGLE. TODAY STOCK CHART HAS MANAGED TO OPEN GAP UP AND AGAIN RETURNED IN TO TRIANGLE. WHICH SUGGESTS THAT STOCK CHART MAY CONTINUE IT'S BULLISH RUN. IF STOCK CHART MANAGES TO BREAK AND CLOSE ABOVE THAT TRIANGLE ON...

AMITDANGI

USOIL CHART MAY FORM BEARISH BAT FORMATION ON H-1 CHART. BEARISH BAT PATTERN COMPLETES AT THE TOP OF THE RANGE AT USD 41.09 WHICH GIVES BEST RISK REWARD SELL OPPORTUNITY. SELL ENTRY- 41.09 TO 41.50 STOP LOSS- 42.20 TARGET-1: 39.55 TARGET-2: 38.60 TRADERS CAN HOLD THEIR SECOND POSITION FOR EXTENDED TARGETS UP TO RE-TEST OF RECENT STRUCTURE LOW OF USD 37.06

AMITDANGI

AUD-NZD PAIR MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 CHART. CURRENTLY IT IS TRADING NEAR RIGHT SHOULDER OF POTENTIAL HEAD AND SHOULDERS FORMATION. WHICH GIVES US SELL OPPORTUNITY WITH BEST RISK REWARDS. SELL ENTRY: 1.0710 STOP LOSS: 1.0760 TARGET-1: 1.0675 TARGET-2: 1.0635 AGGRESSIVE TRADERS CAN ADJUST THEIR STOP RIGHT ABOVE CURRENT SWING (POTENTIAL RIGHT...

AMITDANGI

DXY MAY FORM POTENTIAL HEAD AND SHOULDERS ON H-1 CHART. CHART HAS GOT PREVIOUS SUPPORT AT 96.45 LEVEL ON 16 JUNE, 2020, WHERE HEAD OF POTENTIAL HEAD AND SHOULDERS HAS ALREADY GOT STRONG SUPPORT. CURRENTLY CHART IS AT NECK LINE OF POTENTIAL HEAD AND SHOULDERS, SO WE CAN PREDICT THAT INDEX MIGHT GET SOME RETRACEMENT TO FORM RIGHT SHOULDER OF POTENTIAL HEAD AND...

AMITDANGI

NZD-USD PAIR HAS BEEN ON STRONG BULLISH TREND. KIWI CHART IS IN CONSOLIDATION SINCE JUNE 11, 2020. CHART HAS FORMED BULLISH CYPHER FORMATION ON H-1 CHART NEAR LOWER RANGE OF CONSOLIDATION. WHICH GIVES BEST RISK REWARD BUY OPPORTUNITY. BUY ENTRY: 0.6415 STOP LOSS: 0.6363 TARGET-1: 0.6458 TARGET-2: 0.6485 AGGRESSIVE TRADERS CAN HOLD THEIR SECOND POSITION UP TO...

AMITDANGI

EUR-USD PAIR MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 CHART. SELL ENTRY: 1.1295 TO 1.1315 (LOOK FOR REVERSAL SIGNAL TO THE DOWN SIDE AT POTENTIAL RIGHT SHOULDER) STOP LOSS: 1.1365 TARGET-1: 1.1255 TARGET-2: 1.1215 ALTERNATIVELY CONSERVATIVE TRADERS CAN WAIT FOR BREAK OF NECK LINE TO CONFIRM THE PATTERN.

AMITDANGI

USD-CAD- PAIR BROKE SUPPORT OF 1.3500 ON H-1 TIME FRAME HELD SINCE JUNE 12, 2020. IT SUGGESTS THAT PAIR MAY CONTINUE IT'S LONG TERM BEARISH TREND. SO, WE CAN PREDICT THAT BEARS CAN DRAG THE PAIR TOWARDS PREVIOUS DAILY SUPPORT OF 1.3325 AREA. TRADERS SHOULD WAIT FOR FIRM ENTRY SIGNAL BEFORE TAKING ANY SHORT POSITION.

AMITDANGI

USD-JPY PAIR HAS FORMED BEARISH FLAG FORMATION ON H-4 AND H-1 CHART. PAIR BROKE TO THE DOWN SIDE OF FLAG, WHICH SUGGESTS THAT IT MAY CONTINUE IT'S PREVIOUS BEARISH MOVE. SELL ENTRY: 107.25 STOP LOSS: 107.80 TARGET-1: 105.70 (1.272 FIBB. EXT. OF PREVIOUS BEARISH SWING) TARGET-2: 104.55 (1.618 FIBB. EXT. OF PREVIOUS BEARISH SWING)

AMITDANGI

EUR-GBP PAIR MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 TIME FRAME. BUY ENTRY: 0.8950 TO 0.8945 STOP LOSS: 0.8898 TARGET-1: 0.8980 (RE-TEST OF NECK LINE) TARGET-2: 0.9010 (RE-TEST OF RECENT STRUCTURE HIGH)

AMITDANGI

GBP-USD PAIR HAS BROKE BULLISH TREND ON H-1 CHART, AND GAVE US SELL OPPORTUNITY AT PREVIOUS STRUCTURE RESISTANCE. CHART FORMED DOUBLE TOP FORMATION RIGHT AT PREVIOUS STRUCTURE RESISTANCE WHICH GIVES US CONFIRMATION THAT PAIR MIGHT RESUME IT'S BEARISH TREND. REASON FOR SELL : DOUBLE TOP FORMATION AT PREVIOUS STRUCTURE RESISTANCE. SELL ENTRY: 1.2622 STOP LOSS:...

AMITDANGI

GBP-CAD WAS TRADING IN A CHANNEL ON H-1 AND LOWER TIME FRAME SINCE LAST 3 DAYS. YESTERDAY JUNE 11TH, 2020 , PAIR GAVE US BREAK OUT OF THAT CHANNEL TO THE UP SIDE. WHICH SUGGESTS US THAT PAIR MIGHT GO FURTHER UP SIDE. WE FOUND THAT CHART IS FORMING POTENTIAL BULLISH BAT FORMATION ABOVE RESISTANCE LINE OF CHANNEL ON M-15 TIME FRAME, WHICH CAN BE USED TO ENTER LONG...

AMITDANGI

SBI STOCK HAS BEEN ON BULLISH TREND ON H-1 TIME FRAME. CURRENTLY STOCK IS TRADING NEAR IT;S PREVIOUS STRUCTURE SUPPORT AND CHART ALSO FORMED BULLISH BAT FORMATION AT SAME SUPPORT LEVEL WHICH ADDS CONFIRMATION TO BULLISH TREND CONTINUATION TRADE PREDICTION. REASON FOR BUY ENTRY: BULLISH BAT FORMATION BUY ENTRY: INR 174.50 STOP LOSS: INR 168.00 TARGET-1: INR...

AMITDANGI

LIC STOCK CHART HAS FORMED BEARISH BAT FORMATION IN H-1 TIME FRAME NEAR PREVIOUS STRUCTURE RESISTANCE, WHICH GIVES US SELL OPPORTUNITY NEAR CURRENT MARKET PRICE. REASON FOR SELL ENTRY: BEARISH BAT FORMATION SELL ENTRY: INR 279 TO INR 287 STOP LOSS: INR INR 296 TARGET-1: INR 256.50 TARGET-2: INR 242.25

AMITDANGI

NZD-USD PAIR HAS BEEN ON STRONG BULLISH TREND ON DAILY CHART. IT SEEMS THAT PACE OF BULLS HAVE DECREASED SINCE YESTERDAY. WE CAN ASSUME THAT PAIR MIGHT PULL BACK TO PREVIOUS DAILY RESISTANCE AREA OR EVEN BELOW BEFORE HEADING TOWARDS 0.6700. CURRENT PULLBACK MIGHT FORM POTENTIAL HEAD AND SHOULDERS FORMATION AT THE TOP OF THE CHART, WHICH ADDS CONFIRMATION AND GIVES...

AMITDANGI

MUTHOOT FINANCE GETS REJECTED AT THE DAILY PREVIOUS STRUCTURE RESISTANCE, ON H-4 TIME FRAME, WHICH SUGGESTS THAT STOCK MIGHT GET PULL BACK FROM CURRENT LEVEL OF INR 940 TOWARDS INR 890 OR BELOW UP TO INR 780. BEARISH RSI DIVERGENCE ADDS CONFIRMATION TO OUR BEARISH BIAS ON STOCK. ON THE OTHER SIDE IT MIGHT GO TO INR 1000 MARK IF IT BREAKS TODAY'S HIGH OF INR 967.

AMITDANGI

HDFC AMC STOCK HAS BEEN IN BULLISH TREND IN SHORT TIME FRAME. STOCK IS TRADING ABOVE PREVIOUS STRUCTURE RESISTANCE, WHICH MIGHT ACT AS SUPPORT AFTER BEING BROKE TO THE UP SIDE. CHART HAS ALSO FORMED BULLISH GARTLEY FORMATION ON H-1 TIME FRAME. SO TRADERS CAN BUY AS PER BELOW NUMBER AS PER GARTLEY FORMATION. BUY ENTRY: INR 2638 TO INR 2610 STOP LOSS: INR...