SELL ENTRY: INR 646.55 STOP LOSS: INR 688 TARGET-1: INR 612 TARGET-2: INR 573.20
HEROMOTOCORP STOCK HAS FORMED BEARISH GARTLEY FORMATION ON H-1 CHART. THE TRADE WAS IMPORTANT BECAUSE OF 2 REASONS: 1) STOCK HAD GAP DOWN FROM INR 1822 (20-MARCH-2020 CLOSE) ENTRY LEVEL OF GARTLEY FORMATION ENTRY INR: INR 1830 2) BOTH TARGETS OF GARTLEY FORMATION WOULD HAVE BEEN FILLED BY GAP FILLING TECHNIQUE. GARTLEY FORMATION TRADE: ENTRY SELL: INR 1830 STOP...
EURAUD HAS FORMED FLAG PATTERN ON H-1 CHART. WAIT FOR BREAK OUT TO THE UP SIDE AND THAN ENTER LONG ONCE PRICE RE-TESTS TOP OF THE FLAG. BUY ENTRY: 1.8355 TO 1.8295 STOP LOSS: 1.8115 TARGET-1: 1.8550 (RE-TEST OF HIGH OF FLAG PATTERN) TARGET-2: 1.9020 (1:1 MEASURE ACCORDING TO FLAG PATTERN, ALSO 1.618 EXTENTION OF FLAG POLL AND 0.618 RETRACEMENT OF 19-25 MARCH DOWN SWING)
TIME FRAME: M-15 BUY ENTRY: INR 188 STOP LOSS: INR 183.20 TARGET-1: INR 192.90 TARGET-2: INR 196
AUDCAD PAIR IS FORMING POTENTIAL BEARISH GARTLEY FORMATION ON H-4 CHART, AT LEVEL WHERE PAIR GOT SUPPORT PREVIOUSLY MIGHT GET RESISTANCE NOW. SELL ENTRY: 0.8760 STOP LOSS: 0.89074 TARGET-1: 0.8496 TARGET-2: 0.8332
GBPUSD PAIR IS TRADING NEAR IT'S ALL TIME LOW PRICE. AFTER CREATING IT'S ALL TIME LOW AT 1.1410 PAIR BOUNCED UP FOR MORE THAN 500 PIPS IN VERY SHORT TIME. PAIR'S COUNTER TREND BOUNCE STOP UNDER 1.1880 AND CREATED DOUBLE TOP FORMATION AT THAT LEVEL. WHICH SUGGESTS THAT PAIR IS LIKELY TO CONTINUE IT'S BEARISH MOVE. NOW PAIR IS TRADING BETWEEN 1.1750 TO 1.1800...
EURGBP HAD FORMED FLAG PATTERN IN EARLY ASIA SESSION BUT IT DID NOT BROKE TO THE UP SIDE AS WE PREDICTED. NOW WITH THE SAME BULLISH BIAS EURGBP PAIR IS FORMING POTENTIAL HEAD AND SHOULDERS PATTERN ON H-1 CHART. BUY ENTRY: 0.9155 STOPLOSS: 0.8992 TRGET-1: 0.9380 TARGET-2: 0.9495 ALTERNATIVELY BUYERS CAN LOOK FOR LOWER TIME FRAME (M-15) FOR ENTRY REASON LIKE...
EURGBP PAIR HAS BEEN ON STRONG BULLISH MOVE THROUGH OUT ENTIRE MONTH OF MARCH-2020. PAIR HAS FORMED FLAG PATTERN ON H-1 CHART. IF IT BREAKS TO UP SIDE THEN WE CAN LOOK TO ENTER LONG POSITION FOR RETEST OF HIGH OF 0.9500 MARK. ENTRY SIGNAL: WAIT FOR BREAK OUT TO THE UP SIDE AND RETEST OF FLAG AFTER BREAKOUT. STOP LOSS: 0.9198 TARGET: 0.9495
NZDUSD PAIR HAS BEEN ON STRONG BEARISH TREND. PAIR IS FORMING POTENTIAL BULLISH GARTLEY FORMATION ON H-1 CHART NEAR MULTI-MONTH LOW ABOVE 0.5500 MARK. BUY ENTRY: 0.5522 STOP LOSS: 0.5410 TARGET-1: 0.5670 TARGET-2: 0.5765
ITC HAS FORMED BEARISH GARTLEY FORMATION ON H-1 CHART. SELL ENTRY: INR 172-176 STOP LOSS: INR 182.25 TARGET-1: INR 159.55 TARGET-2: INR 150
BAJAJAUTO HAS FORMED DOUBLE BOTTOM FORMATION ON H-1 CHART. BUY ENTRY: INR 2160-2180 STOP LOSS: INR 2010 TARGET-1: INR 2410 TARGET-2: INR 2520
ENTRY SELL : 0.9760 STOP LOSS: 0.9775 TARGET-1 : 0.9715 TARGET-2 : 0.9685
EURUSD PAIR HAS FORMED BULLISH BAT PATTERN AT PREVIOUS STRUCTURE SUPPORT. BUY ENTRY : 1.08290 STOP LOSS : 1.0778 TARGET-1 : 1.0880 TARGET-2 : 1.0919
AXIS BANK STOCK IS TRADING NEAR LONG TERM SUPPORT ABOVE INR 450 LEVEL. STOCK HAS FORMED BULLISH BAT FORMATION AT SAME SUPPORT LEVEL ON DAILY AND WEEKLY CHART. WHICH GIVES GREAT OPPORTUNITY TO BUYERS AT SUPPORT LEVEL WITH CONFIRMATION OF HARMONIC PATTERN. SINCE IT IS DAILY AND WEEKLY FORMATION TRADE CAN TAKE ABOUT 3-4 WEEKS TO EITHER HIT TARGET OR STOP LOSS. BUY...
MCX STOCK CHART IS FORMING POTENTIAL BULLISH GARTLEY FORMATION ON H-1 CHART. ENTRY BUY: INR 988.25 STOP LOSS: INR 932.70 TARGET-1: INR 1057.70 TARGET-2: INR 1100
STOCK IS TRADING AT HISTORICAL LOW PRICE LEVEL UNDER INR 100 LEVEL. STOCK CHART IS FORMING DOUBLE BOTTOM FORMATION ON H-1 CHART, WHICH IS SIGN OF REVERSAL. SO, WE CAN LOOK TO BUY TATA MOTORS STOCK AROUND CURRENT LEVEL INR 82. REASON FOR ENTRY: DOUBLE BOTTOM FORMATION WAIT FOR HIGHER HIGH HIGHER CLOSE CANDLE ON H-1 CHART TO ENTER LONG. ENTRY PRISE: INR 83 STOP...
TATA POWER HAS RECENTLY BROKEN IMPORTANT LEVEL OF INR 50 (ALSO PSYCHOLOGICAL PRICE LEVEL). WHICH SUGGESTS THAT STOCK IS MORE LIKELY TO GO DOWN EVEN MORE. CHART IS FORMING POTENTIAL BEARISH GARTLEY OH H-1 CHART, WHICH WILL CONFIRM OUR BEARISH BIAS ON STOCK. BEARISH GARTLEY SELL ENTRY: INR 43.25 STOP LOSS: INR 47.35 TARGET-1: INR 39.65 TARGET-2: INR: 37.45
NZDUSD PAIR IS TRADING SIDE WAYS SINCE LAST FEW HOURS. WHICH GIVES TRADERS OPPORTUNITY TO TRADE HARMONIC PATTERN GARTLEY. SELL ENTRY: 0.6181 STOP LOSS: 0.6216 TARGET-1: 0.6145 TARGET-2: 0.6121