Nifty Is in Strong Uptrend since mid march. Expecting Some Profit Booking Near 52 Week high of 11750 in this Week or maybe Next Week.11750 is strong resistance which would be difficult to cross as no fundamental trigger this week.Risk reward in Both trade is 1:2.Risk Only 1% of Your Capital.
NZDCAD has done fake breakout near to trendline which means price was unable to break and sustain the trendline. This Week I will be bearish on ***Cad pairs.
I am bullish on Hexaware with the stoploss of 324 for Target of 360-375
GBPCAD has fallen to IMP support Level 1.17500..Price is also near to Important trendline support too. My View is Bullish on GBPCAD with the stoploss of 1.74200 FOr the Targtes of 1.76500 and 1.77500
EURGBP has been in tight range of 0.86500 and 0.84700 since 15 days. Price has created good support at this level which is important trendline support.Price is also near to 200EMA support which increase the probability of bullishness. I will wait for retracement after breakout of 0.86500....Will eneter the position at 0.86700 levels with the stoploss of 0.85400...
USDCAD price respected 200EMA on 4 hour chart and now price is again moving towards 1.30000 levels. This week I will be bearish on USDCAD for 1.30000 levels.
Concor is near to buy entry of 676-670 levels. High risk reward Ratio setup is generated here.risk only 1% of capital. Time frame of trade is 2 to 3 months.
Gold Has Shown weakness in last week which can be profit booking of buyers. This Week gold may come below 1278 levels but near 1270 levels price has good support of trendline + 200 EMA.
Eurjpy also failed to hold 125.000 levels which is important to be broken for upside. I will short if price goes below 124.100.
Eurusd failed to hold trend line and Important level of 1.15000. Though Daily trend is up candlesticks showing weakness.My View for this week is bearish.
Apollo hospital has shown good momentum from 1245. Expecting good upside movement this Expiry. If Price breaks and Close above 1300 then positional targets 1360-1400 possible in upcoming 15-20 days. Intraday and positional levels are given. (While trading intraday move stoploss to cost as soon as you are in profit.)
Why Buy- 1) Weekly Trend Is UP 2) Price taken support from Short Term Trendline 3) Price has taken multiple support from 200 days EMA 4) Weekly Candle is Bullish Engulfing
EURUAD has Broken Multiple trend lines in 4hr and daily chart too. I am expecting more downside on this pair for the next target of 200 days EMA at 1.54500 levels.
AUDUSD Still in downtrend. I consider that trend may continue this week too and this is the small pullback for more downside.Sell at given levels for the target of 0.72100-0.72000 levels.
USDCAD has formed strong bullish candle on monthly chart as well as taken good support from 38.2% fibbo level.It is tron till in trade above 1.30000. My view will be bullish for the taget of 1.32000 and 1.32500 levels. Buy 50% now and buy 50% if price get corrected. Always book 75% profit near first target.
Gold is likely to go upside after US data release. i will sell it near 1201-1202 for the target of 1190 and 1185.
Eurusd has broken its monthly crucial support level of 1.14500 which can lead it towards 1.13000 and 1.11000. my views on EURSUD for this week will be strongly bearish as brexit fear has lower the currency levels.Trade as per the levels and always book 75% profit at first target.
Nifty Has formed strong bearish Candle on Daily Chart and Price may go toward the strong support of 11370 for Intraday. This week my view will be bearish on Nifty. Best sell level will be 11430-11425 for the target of 11390-11370