Akshay15

Akshay15

Looking At weekly chart it seems that banknifty may fall further As MACD is in strong downtrend, Similar goes with daily charts, But the trend can reverse at any time so be careful keep eye on MACD direction.

Akshay15

On Monthly Charts of MSFT, MACD has given sell call if you want to be more confirmed then wait for price to close below 20 period EMA

Akshay15

Short EURINR As price closed below 20 period EMA at the same time MACD has also given sell signal Be in short position till MACD reverses Also notice that EURUSD is also looking bearish on the same time frame

Akshay15

It seems that MACD is going to give Buy call so be ready

Akshay15

Daily Chart Analysis It can be that both Aroon & ROC are loosing their strength Aroon up is weakning, ROC is also declining so be aware those who have longed their positions Weekly Chart Analysis On the contrary view weekly is showing different picture where Aroon down is loosing strength & ROC is rising Take decision on type of trader you are

Akshay15

Yesterday I gave buy call on daily chart , Now weekly is also giving buy as per MACD so enjoy with your long position

Akshay15

there is still no sign of recovery in banknifty's downtrend so downtrend continues

Akshay15

EMA of 5 crossed EMA of 20 downward MACD has too given sell call Aroon Up is also loosing strength

Akshay15

There is EMA crossover 5 period EMA crossed 20 period EMA

Akshay15

both MACD & Aroon are favoring upside in the stock

Akshay15

It's a great time to long gbpusd look at MACD perfect position of uptrend start Aroon down also loosing strength

Akshay15

banknifty trading at very major support level still there is no sign of MACD of upmove As per aroon the downtrend is strong so hold on to your short position, As long as there is no sig of downtrend reversal in MACD & Aroon

Akshay15

eurusd pair trading above the channel it's in overbought you can short it's very good opportunity to make money in short term

Akshay15

Axis is currently trading in oversold levels & will certainly go up from this level if u have any doubt check how price fall once it went above upper channel

Akshay15

The price is trading is in over boght levels, there is very high probability that it will fall from this levels you can see earlier that when price touched lower band it went up from that over sold levels, so better exit

Akshay15

As per linear regression indicator it is evident that banknifty is in uptrend & is in oversold levels Aroon down is above aroon up indicating downtrend in banknifty MACD is also showing downtrend for now But taking short position at this level seems little dangerous as main trend is up, one can go short but as soon as MACD & Aroon show sign of uptrend to takeover...

Akshay15

Looking at Aroon indicator it seems that JPY may trend up

Akshay15

At current levels one should not add any short or long position on bank nifty just hold on to your position whatever it is long or short.