iCharts Discussions

[r.dibya]

nifty may take resistance near 5035-55 level if it will be fall from this level then chart pattern will be H&S pattern.

and buy AXIS bank @cmp breakout from 950 level tgt. 1150/1200

buy bhel @cmp breakou near 2350/240.5 level tgt. 2600/2900

buy siemens @cmp.

for delivery

currency

USDINR is trading near 47 strong support near 46/90. after H&S pattern it is showing breakdown . below 46.90 tgt. 44 but some kind of resitance is 45.5


buy commodities lower quantity now . if copper is trading within this level for 3-4 days and close near 285-86 then pattern will be more positive onwards.

[r.dibya]

buy LT @cmp breakout near 1700 level but some kind of resitance near 1760 level but u can buy from this level for delivery.

buy ster @cmp sl 798 tgt. 825/870/950

[r.dibya]

gold is making cup & handle pattern so buy gold in mcx tgt. 18000/20000 onwards.

i think equity will be rally with gold & crude oil.

but in this time crude oil is not in bullish position so we have to wait for some time tgt 3800/4000 .

Reliance creats inverse H&S pattern so u can buy from this level sl 2080 or buy above 2200 tgt. 2300/2400

one can short 4500pe @ 22-27 ( 100%) expire should be in between 5100-5300 or 4800-5000