Pound getting more strength against other pairs and on technical point of view GBP/JPY is still in uptrend. I would be going long for a target of 147.30 and 148.
Till the time Nifty is holding 9460 level, it will remain in bullish trend.. 9640 would be a hurdle for current scenario a breach of that we can see 9700-9740 soon. 9740 should be the last stop for Nifty and here one can go short with SL of 9798.
GBPUSD is at crucial support level of 1.2840.. Its good to buy at this price and can be added more at 1.2791.
REC Limited broken its 15 days low and retracing from wave C. Good to short at 209 for target of 189.
This Nifty rally started from Dec 29th when index made a low of 7893, since then we didn't see any correction in Nifty. For me Nifty's highest possible level was 9540 which is almost complete and its on gann resistance level. I would go short nifty around 9500-9540 with SL of 9750 and target would be 9000-8800 in three to 4 month.
Hindustan Oil Exploration is company with good fundamentals and as management is trying resolve issues which has caused pain for company in past. I believe that good days are ahead for company. On the technical point of view stock has given a good breakout above 52 level and had sustained it on weekly closing basis. A buy trade on this share would be suggested for...
Hindustan Oil Exploration is company with good fundamentals and as management is trying resolve issues which has caused pain for company in past. I believe that good days are ahead for company. On the technical point of view stock has given a good breakout above 52 level and had sustained it on weekly closing basis. A buy trade on this share would be suggested for...
Pair is currently trading at 1.2970 and has completed wave C for current range, on the other hand it is also on Fibbo resistance. I would go with a short position at 1.2970 for the target of 1.2930-1.2880.