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AMITDANGI

LIC IS FORMING POTENTIAL BULLISH HEAD AND SHOULDERS IN M-15, WHICH GIVES US SHORT TERM LONG OPPORTUNITY. BUY ENTRY: 252-240 STOPLOSS: 224 TARGET: 290-295 (RETEST OF RECENT STRUCTURE HIGH.)

AMITDANGI

WHOLE OF INDIAN STOCK MARKET HAS BEEN ON STRONG BEARISH TREND. SBI HAS BEEN TRADING ON SAME BEARISH TREND SINCE 27-FEBRUARY-2020. TODAY'S BULLISH MOVE IN SBI HAS GREAT SELL OPPORTUNITY FOR SELLERS. SBI IS TRADING AROUND 235-240 MARK. AS WE CAN SEE LEVEL OF 230 TO 240 HAS BEEN VERY IMPORTANT LEVEL FOR STOCK. WHEN EVER STOCK TRADES ABOVE THAT LEVEL IT ACTS LIKE...

AMITDANGI

ASIAN PAINTS STOCK IS FORMING POTENTIAL BEARISH BAT FORMATION ON 15 MINUTES CHART. WHICH GIVES SELL OPPORTUNITY AROUND TOP OF THE UPWARD CHANNEL IN H-4 CHART. SELL ENTRY: INR 1907.35 STOP LOSS: INR 1923.70 TARGET-1: INR 1885.00 TARGET-2: INR 1871.00

AMITDANGI

AXIS BANK STOCK IS TRADING IN DOWN TREND MAKING LOWER LOW LOWER HIGHS. AFTER MAKING IT'S LIFE TIME HIGH, STOCK TOOK LAST SUPPORT AROUND INR 760 LEVEL WHICH BECOMES RESISTANCE ONCE BROKEN TO DOWNSIDE ON 15-JULY-2019. THAT LEVEL OF INR 760 BECOMES STRONG RESISTANCE, WHICH STOCK TESTED SEVERAL TIME BETWEEN NOV-2019 TO FEBRUARY-2020. NOW STOCK IS TRADING NEAR INR...

AMITDANGI

AUD-USD PAIR HAS FORMED HEAD AND SHOULDERS PATTERN ON 15 MINUTES CHART. WHICH GIVES US PATTERN BASED SHORT OPPORTUNITY WITH TARGET OF 0.6400. SELL ENTRY: 0.6580 - 0.6600 STOP LOSS: 0.6690 TARGET-1: 0.6455 TARGET-2: 0.6400

AMITDANGI

INFOSIS HAS BROKE MANY MINOR SUPPORT LEVELS AND MAJOR SOPPORT OF INR 755 (ALSO PSYCHOLOGICAL NUMBER INR 750) AND MADE DAILY LOWER LOW LOWER CLOSE. WHICH GIVES US SIGNS OF TREND REVERSAL TO BEARISH. NOW STOCK IS MAKING PULLBACK FOR NEWLY FORMED DOWN TREND. TRADERS CAN LOOK FOR SHORT OPPORTUNITY AT INR 792.40 LEVEL WHERE BEARISH BAT PATTERN COMPLETES. WE HAVE ALSO...

AMITDANGI

JUBILANTFOOD STOCK IS TRADING AT PREVIOUS DAILY RESISTANCE LEVEL OF INR 1640 WHICH CAN ACT AS SUPPORT AS MARKET IS TRADING JUST ABOVE THAT. WE CAN LOOK TO BUY STOCK ON THE BASE OF BULLISH CYPHER PATTERN MEDIUM TERM TREND OF 1-2 WEEK HOLDING TIME. BULLISH CYPHER BUY ENTRY: INR 1650.90 STOP LOSS: INR 1509.60 TARGET-1: INR 1758.90 TARGET-2: INR 1841.00

AMITDANGI

EUR-JPY PAIR HAS FORMED BULLISH CYPHER FORMATION ON H-1 CHART. ENTRY BUY: 119.75 STOP LOSS: 119.19 TARGET-1: 120.16 TARGET-2: 120.49

AMITDANGI

STOCK HAS BEEN ON SIDEWAYS SINCE NOVEMBER-2019. WHICH GIVES OPPORTUNITY TO TRADE HARMONIC PATTERNS. BULLISH BAT BUY ENTRY: INR 703 STOP LOSS: INR 687.10 TARGET-1: INR 723.45 TARGET-2: INR 737.65

AMITDANGI

MCX STOCK IS TRADING AROUND IT'S ALL TIME HIGH. WE CAN TRADE IT ON SHORT SIDE WITH HARMONIC PATTERN "BEARISH BAT" (AGGRESSIVE APPROACH) OR WITH DOUBLE TOP (CONSERVATIVE APPROACH). BEARISH BAT PATTERN SELL ENTRY: INR 1411.90 STOP LOSS: INR 1478.50 TARGET-1: INR 1319.50 TARGET-2: INR 1262.40 DOUBLE TOP FORMATION CONSERVATIVE TRADERS CAN WAIT FOR RETEST OF...

AMITDANGI

TATA POWER STOCK HAS BEEN TRADING INTO DESCENDING TRIANGLE RANGE ON DAILY CHART SINCE JULY-2019. WHICH SUGGESTS THAT STOCK WILL BREAK OUT ON THE DOWN SIDE UNDER SUPPORT LINE INR 50.35 (PSYCHOLOGICAL MARK OF INR 50 MARK).

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ENTRY BUY: 1.2950 STOP LOSS: 1.2880 TARGET: 1.3020

AMITDANGI

TIME FRAME H-1 BUY ENTRY: INR 286 - 290.90 STOP LOSS: INR 283.90 TARGET-1 : INR 297.15 TARGET-2: INR 304.65

AMITDANGI

EUR-CAD PAIR HAS BEEN ON STRONG BEARISH TREND. PAIR HAS FORMED DOUBLE BOTTOM FORMATION ON H-1 CHART. WE CAN LOOK TO BUY PAIR FOR RETRACEMENT TO DOWN TREND. BUY ENTRY: 1.4290 STOP LOSS: 1.4248 TARGET: 1.4355

AMITDANGI

USDCHF PAIR HAS BEEN ON STRON BULLISH TREND DUE TO US DOLLAR STRENGTH SINCE 03-FEBRUARY-2020. NOW PAIR TRADES ON LEVEL OF 0.9850 WHICH HAS ACTED AS SUPPORT SEVERAL TIMES IN THE PAST FROM SEPTEMBER-2019 TO DECEMBER-2019. THIS LEVEL IS ALSO 0.618 RETRACEMENT FIBONACCI LEVEL FOR RECENT DAILY DOWN SWING. SO, WE CAN LOOK FOR DOWN SIDE REVERSAL IN THE PAIR AT LOWER TIME...

AMITDANGI

JUBILANTFOOD STOCK HAS FORMED BEARISH BAT FORMATION ON H-1 CHART. SELL ENTRY - INR 1900 STOP LOSS - INR 1926.30 TARGET-1 - INR 1862.40 TARGET-2 - INR 1839.30

AMITDANGI

GBP-CAD CURRENCY PAIR IS FORMING POTENTIAL HEAD AND SHOULDERS PATTERN ON H-4 CHART. PAIR IS CURRENTLY AT RIGHT SHOULDER OF PATTERN FORMATION. AGGRESSIVE TRADERS CAN SHORT THE PAIR RIGHT AT THE MARKET 1.7250. WHILE CONSERVATIVE TRADERS CAN TRADE ON BREAK OF NECK LINE AROUND 1.7100 LEVEL TOWARDS TARGET OF 1.6950 .

AMITDANGI

CANFIN HOMES HAS BEEN ON SIDEWAYS SINCE LAST 2 WEEKS. H-1 CHART HAS FORMED BEARISH GARTLEY FORMATION. WE FOUND OPPORTUNITY TO SHORT STOCK AT MARKET. FORMATION: BEARISH GARTLEY ENTRY SELL: INR 508.35 STOP: INR 519.60 TARGET-1: INR 490.50 TARGET-2: INR 479.50