NSE:NIFTY today filled an old gap as well faced resistance from its trending channel.
NSE:ABBOTINDIA is facing a huge over head supply now. Longs are doing profit booking.
NSE:TITAN a close above 1050 levels will only put it in bull run. Currently bears are in control.
NSE:NESTLEIND is currently in downtrend, sell on rise is advisable till it comes out of that channel with a bullish close.
NSE:TATASTEEL looks bullish above 349 levels. Currently facing a head on resitance. Any close above 349 can take it higher levels.
NSE:CNXMETAL may reach 2200 levels in the coming days. There it might face resistance, from fib's 50% retracement level confluencing previous S&R levels.
NSE:JSWSTEEL bullish till the time it stays above that demand zone.
FX:EURGBP is currently completing the correction wave C as shown.
BSE:SAINTGOBAIN clearly given a breakout from the supply zone. As it gave a strong close from the supply zone, one can target the over head supply zone now.
NSE:CNXPHARMA is displaying negative divergence on a daily timeframe. Short term/swing traders may start to hedge their long positions, with call short.
NSE:CNXPHARMA has come into the bull territory, one may use the opportunity to buy on dips whenever it happens.
FX:EURUSD looks like in the repetition in the making of the pattern which we observed back in the years of 1998-2002. What do you think? Let me know in the comments down below.
NSE:SANGHIIND gave a breakout about its supply zone. Use these levels for short term swing purpose. Stops could be below trend line.
NSE:LT has re-tested it's recent breakout from supply zone & gave close above it. Look for long trades till the time its above that supply zone.
NSE:SBIN looks like it is bouncing from demand zone on a monthly timeframe. If this demand fails, we can see it in double digits.
NSE:SBIN clearly looks bullish, as it is in supply zone currently, long traders may hedge their positions with call short.
NSE:CNXPSUBANK entered into the supply zone with a positive bias. Longs can hedge with call short.
On the monthly timeframe FX:EURJPY is showing the restest from recent breakdowns. However, one should wait for reversal.