BANK NIFTY – MAKE OR BREAK TIME

Bank Nifty has started showing weakness after made a all time high. On Daily Chart there is a Negative Diversion which played really well today. Bank Nifty spot closed atย  23542.75 -o.81%. Immediate support for bank nifty is at 23300 levels. On weekly charts there is a Grave Stone Doji candlestick pattern made at the … Continue reading “BANK NIFTY – MAKE OR BREAK TIME”

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CURRENCY TRADE – PAIR EURINR

Quick Update on Currency Trade – Pair EURINR On Hourly Chart – Price has started making lower Highs & Lower Lows indicating the downtrend. “Head & Shoulder Pattern” clearly visible. Price has already broken the neckline. There is a Hidden Negative diversion also formed.My View is “Bearish” expecting the price to retrace to 71.75-71.60 levels … Continue reading “CURRENCY TRADE – PAIR EURINR”

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Currency Update – Pair AUDUSD

Update for Currency Traders Short Term Viewย  On Daily chart – Price has made a lower low and lower high indicating “downtrend”.There is “bearish flag pattern” formed inside the channel. There is a “hidden negative divergence” also formed.So my view is “Bearish” expecting the price to retrace to 0.725 – 0.715 range. Below is the … Continue reading “Currency Update – Pair AUDUSD”

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