traderparag

traderparag

AUDUSD looks strong - Risk Reward ratio is favorable here.. If price goes below 200 EMA & is unable to come up again, we will come out of this trade, or else pull backs to 200 EMA is only an opportunity to add/enter.. 2 Targets are mentioned on chart...

traderparag

Wait & Watch for now - however, break of the Weekly trendline could make USDJPY week, but a bounce back above the trendline would mean good upside..

traderparag

BTCUSD - looking weak on Daily...

traderparag

USDJPY is stuck in an important Support zone (on Daily/Weekly) - if it breaks above the same - and also above 200 EMA on 15 minutes, it can be bought on a pull back..

traderparag

AUDUSD could touch .6800 - as per MACD bearish strength and the trend-line support on Weekly charts. After which, I would wait for the 3 bar reversal and expect the next leg up...

traderparag

AUDUSD has talen support at 50 EMA on 15 mins and the same range is also pivot point of hourly chart - .69100 - which can be the Stop Loss. Target can be a new high on Hourly & 15 Min chart - as shown - around .69360 - which is also 200EMA area on Hourly chart..

traderparag

AUDUSD looks poised for 50-60 pips upward move minimum... Stop Loss and Target lines are based on Weekly candlestick, whereas Entry now is based on Daily & other lower charts..

traderparag

Although the recent fall in Yes Bank is purely due to the news and hence is fundamental, charts are showing the important Fibonacci levels Yes Bank has been touching on each of these falls in the past 3-4 weeks. If Yes Bank is to fall any further from here, then 78.6 levels (120) is on the cards, however, it is highly unlikely and most probably we would see a...

traderparag

Price could retrace back a little here, which could be an ideal place to short with lower risk.. however, also watch price action and enter only on confirmation by an impulse on downside as price reaches upper side of trendline..

traderparag

Aurobindo Pharma is another great company one should have in their investment portfolio and this is a very good time to buy/add this stock around 580-600 levels. Expecting it to give 20% + returns annually from here and wouldn't be surprised if it is much more than that..

traderparag

Lupin is one of the top Pharma companies with an excellent Balance Sheet, Sales Revenue growth and a very good future. From long term investment point of view, this is an excellent company to have in your portfolio and current levels of 1250 are an excellent entry. One can add more if it dips further as this stock itself promises to give 20% + returns within or...

traderparag

Expecting USDJPY to move up as it is touching the lower side of an important trend-line on 4Hr chart as shown. RSI looks poised to go up as well - as currently it is in oversold area.. Trade with caution as a break of this channel could mean further downside slide..

traderparag

AUDUSD has touched an important sloping trend-line on the upside and hence presented a good opportunity to short.. SL should be above previous high.

traderparag

NIFTY appears to be completing Wave 5 of the journey it started in March-16. Possibly, very soon, ABC correction will take down NIFTY back to levels of at least 8700. Or it could even go down to 8400 or 8100 - depending on the strength of abc corrections..

traderparag

I am already long GBP/JPY as it crossed 200 EMA on Hourly chart. ADX has moved above 30 as well - so I would add more as I see strength in this rally now. Strong close below 200 EMA is trailing stop loss, or else any retract to 200 EMA is a buying opportunity.

traderparag

Using 20 EMA as a trailing stop, GBPJPY is giving a good SHORT opportunity with a good Risk:Reward... Price is solidly in the negative territory and has good room on the downside...

traderparag

Using 20 EMA (strong close above) as trailing stop loss, AUDJPY looks like a good opportunity to short right here for a good rally down... Besides, AUD is very weak and JPY is pretty strong overall for now...

traderparag

Another chart showing a good possibility of a downside based on Fib .618 Retracement... which could take AUDUSD to anywhere between .71600 to .72000 Short on AUDUSD... with a SL of .77200