AMITDANGI

AMITDANGI

GBP-USD MAY FORM POTENTIAL HEAD AND SHOULDERS PATTERN ON H-1 CHART. SELL ENTRY: 1.2460 STOP LOSS: 1.2505 TARGET-1: 1.2410 TARGET-2: 1.2355

AMITDANGI

HDFC STOCK HAS BEEN TRADING ON SIDE WAYS SINCE 19-MARCH-2020. STOCK HAS REACHED TO THE RESISTANCE OF THAT SIDEWAYS RANGE, WHICH SUGGESTS STOCK MAY FALL TO THE SUPPORT ZONE AGAIN. TRADERS CAN LOOK TO SELL WITH COMBINATION OF STRUCTURE RESISTANCE AND BEARISH BAT FORMATION. SELL ENTRY: INR 1807.75 ENTRY REASON: BEARISH BAT WITH STRUCTURE RESISTANCE. STOP LOSS: INR...

AMITDANGI

EUR-GBP PAIR HAS RETRACED TO 0.786 RETRACEMENT FOR LAST SWING TO THE UP SIDE. PAIR HAS ALSO FORMED DOUBLE BOTTOM (H-1) FORMATION NEAR PREVIOUS STRUCTURE SUPPORT AND ALSO AT 0.786 RETRACEMENT TO LAST SWING TO THE UP SIDE. TRADERS CAN LOOK TO BUY THE PAIR. BUY ENTRY: 0.8735 (WAIT FOR HIGHER HIGH HIGHER CLOSE CANDLE ON H-1 CHART) REASON FOR BUY: DOUBLE BOTTOM...

AMITDANGI

INOX LEISURE STOCK MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 CHART. TRADERS CAN LOOK TO ENTER LONG IF CURRENT CANDLE CLOSES ABOVE PREVIOUS CANDLE. BUY ENTRY: INR 227 TO INR 230 (WAIT FOR HIGHER HIGH HIGHER CLOSE CANDLE) STOP LOSS: INR 208.80 TARGET-1: INR 248 TARGET-2: INR 260

AMITDANGI

ITC STOCK HAS BEEN ON STRONG BEARISH TREND SINCE MAY-2019. ITC STOCK IS TRADING AROUND INR 190 LEVEL, WHICH HAS BEEN SIGNIFICANT SUPPORT ON DAILY CHART IN THE PAST. AS PER SUPPORT AND RESISTANCE BASED TRADING SYSTEM PREVIOUS SUPPORT AND RESISTANCE ACTS AS OPPOSITE WHEN GETS BROKE. SINCE ITC STOCK HAS BROKE SUPPORT OF INR 190 IN RECENT PAST, THAT LEVEL CAN ACT AS...

AMITDANGI

WALMART STOCK MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 CHART NEAR IT'S YEAR-2020 HIGH. WAIT FOR LOWER LOW LOWER CLOSE CANDLE TO LOOK FOR SELL TRADE. SELL ENTRY: USD 124 (WAIT FOR LOWER LOW LOWER CLOSE CANDLE, BEFORE VIOLATION OF HEAD AT USD 126.46) STOP LOSS: USD 128.10 TARGET-1: USD 118 (RE-TEST OF NECK LINE) TARGET-2: USD 113

AMITDANGI

AUDCAD PAIR IS FORMING POTENTIAL BEARISH CYPHER FORMATION ON M-15 CHARTS AND LOWER TIME FRAMES. SELL ENTRY: 0.8864 STOP LOSS: 0.8879 TARGET-1: 0.8851 TARGET-2: 0.8843

AMITDANGI

HDFC AMC STOCK HAS FORMED BEARISH BAT FORMATION ON H-1 CHART. STOCK IS TRADING HIGHER THAN OUR SELL ENTRY LEVEL WHICH REDUCES OUR RISK SIGNIFICANTLY. SELL ENTRY: INR 2467 TO 2550 STOP LOSS: INR 2607.50 TARGET-1: INR 2346 TARGET-2: INR 2200

AMITDANGI

INDIABULLS HOUSING STOCK HAS BEEN ON BEARISH TREND ON DAILY CHART SINCE JANUARY-2018. STOCK HAS NEVER SAW ANY SIGNS OF BULLISH REVERSAL ON DAILY TIME FRAME. STOCK HAS BEEN TRADING IN A TRIANGLE (H-4 AND LOWER TIME FRAME) SINCE LAST ONE MONTH, WHICH SUGGESTS INDECISION OF TREND IN LOWER TIME FRAME. WE CAN PREDICT THAT IF STOCK BREAKS TRIANGLE PATTERN TO THE UP SIDE...

AMITDANGI

EURGBP PAIR IS FORMING POTENTIAL HEAD AND SHOULDERS ON H-1 CHART, AROUND PREVIOUS DAILY MAJOR STRUCTURE. WHICH SUGGESTS TREND MIGHT REVERSE TO UP SIDE ON H-1 AND LOWER TIME FRAME. BUY ENTRY: 0.8755 TO 0.8745 (AGGRESSIVE BUYERS CAN BUY ON HIGHER HIGH HIGHER CLOSE CANDLE) STOP LOSS: 0.8720 (BELOW HEAD) TARGET-1: 0.8780 (RETEST OF NECK LINE) TARGET-2:...

AMITDANGI

TATA MOTORS STOCK HAS COMPLETED BEARISH CYPHER FORMATION ON H-1 CHART. SELL ENTRY: INR 73.50-75.50 STOP LOSS: INR 77.35 TARGET-1: INR 71.85 TARGET-2: INR 69.15

AMITDANGI

EURAUD PAIR IS FORMING POTENTIAL BULLISH GARTLEY FORMATION ON M-15 AND LOWER TIME FRAME CHART. FORMATION IS COMPLETING ABOVE PREVIOUS STRUCTURE OF RESISTANCE WHICH MIGHT ACT AS SUPPORT IN FUTURE. BUY ENTRY: 1.7657 STOP LOSS: 1.7632 TARGET-1: 1.7695 TARGET-2: 1.7719

AMITDANGI

AMAZON STOCK IS FORMING POTENTIAL BEARISH CYPHER FORMATION ON H-4 CHART. WHICH MAY ALSO FILL THE GAP OF 21-24 FEBRUARY 2020. SELL ENTRY: US $ 2066 - US $ 2122 STOP LOSS: US $ 2258.45 TARGET-1: US $ 1900 TARGET-2: US $ 1795

AMITDANGI

USD-CAD PAIR IS TRADING IN A BEARISH CHANNEL ON H-4 AND H-1 CHART. PAIR IS FORMING POTENTIAL BULLISH BAT FORMATION AROUND PREVIOUS LOWS OF BEARISH CHANNEL. BUY ENTRY: 1.4040 STOP LOSS: 1.3977 TARGET-1: 1.4129 TARGET-2: 1.41835

AMITDANGI

ITC STOCK HAS FORMED BEARISH CYPHER PATTERN ON H-1 CHART. SELL ENTRY: INR 168.50 STOP LOSS: INR 181.40 TARGET-1: INR 160.50 TARGET-2: INR 152.30

AMITDANGI

WOCKHARDT STOCK IS FORMING POTENTIAL HEAD AND SHOULDERS PATTERN ON H-1 CHART. HEAD AND SHOULDERS FORMATION IS A REVERSAL SIGNAL. STOCK HAS FORMED THAT REVERSAL SIGNAL RIGHT AT THE BOTTOM AROUND MULTI YEAR LOW PRICE. BUY ENTRY: INR 175-165 STOP LOSS: INR 146 TARGET-1: INR 210 TARGET-2: INR 227 HOLDING PERIOD: AROUND 4-6 WEEKS.

AMITDANGI

EURCAD MAY FORM BULLISH GARTLEY FORMATION ON M-15 CHART. WHICH CAN BE USED AS SIGNAL TO LONG THE PAIR FOR INTRADAY TRADE. BUY ENTRY: 1.5550 STOP LOSS: 1.5516 TARGET-1: 1.5592 TARGET-2: 1.5619

AMITDANGI

JSW STEEL STOCK IS FORMING POTENTIAL BULLISH BAT FORMATION ON H-1 CHART AT YEAR-2020 LOW. BUY ENTRY: INR 138.55 STOP LOSS: INR 133.30 TARGET-1: INR 145.75 TARGET-2: INR 150.25