A break outside the channel, post API/Inventory could provide for a good directional trade.
Long on Nifty50 with a Stop Loss around 11,175.00 and open target; which I will keep updating from time to time.
Torrent Pharma is at a long term strong resistance. A short can be initiated with a stop & reverse above 1800. The risk to reward is extremely attractive. A break out hitting our stop loss would make for a strong rally, and a good long trade, recovering the SL.
A long trade can be initiated around 675 levels, if Aurobindo Pharma sustains above it's resistance zone above 650, with targets close to 800 and a stop loss around 615. The Risk to reward is high, with the trade having high probabilities of success, if 675 is tested and our entry price is hit.
Godrej CP seems have a bullish breakout and a long trade can be initiated here.
BTC is contracting into a range, and could soon explode on either sides.
Out of contraction, approaching demand zone. A long setup could be coming over the next few sessions.
USD/INR over key long term resistance.
No signs of recovery in INR as it has broken past its long time resistance. A break below 69.00 is must where a the USD/INR pair could lead to a potential short setup.
Bharti Airtel's long term demand and supply zones.
WTI has changed its trend channel. It seems to be in an important demand zone with support from long term trend line starting from 2017. Seems like an interesting long, with a possible stop & reverse Short. Good R:R
MRF Tyres seem to have formed a double top. A short below the range, or a long above can be initiated in the following sessions.