PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only & not any form of advice or recommendations or opinion to anyone
BHARTI AIRTEL :
In above price chart of BHARTI AIRTEL it seems to be a short term down trend.
Key reversal area it seems to be around 435 area.
We can watch buying signals at around 435 area. Also short term key resistance seems to be around 482 area.
We are interested to observe buying signals on one hour , four hour or daily time frames at around 435 area.
We will consider both the views here. i.e buying views are at around 435 area and also we are expecting to get selling signals at key resistance of around 482 area.
We can trade here only after getting buying signals at around 435 area to go long or else after getting selling signals at around 482 area to go short.
In our Previous post we were interested to see how price behaves at key reversal location of around 398 area.
Last week we observed a key location breakdown.
Key level of 398 is broken down and closed strongly down.
We are now interested to watch selling signals after a upside pullback near 398 area.
We stay bearish for HPCL till price is below 400 area.
Stay connected for further updates on HPCL.
YES BANK :
We achieved our target for YES BANK as we posted in our previous post. CLICK HERE.
We still expect more upside movement for YES BANK.
We are expecting a small downside pullback till 344 area to rejoin the uptrend.
Buying signals can be observed on one hour , four hour or daily time frame at around 344 area to get long.
Stay connected for further updates for YES BANK.
JUBILANT FOODWORKS LTD :
As seen in the price chart of JUBILANT FOODWORKS it seems to be an aggressive uptrend.
We can see that inside bar is formed at the top.
But we are more interested to trade in line of trend.
Buying signals can be observed at around 1967 area on one hour , four hour or daily time frame.
Stay connected for further updates on JUBILANT FOODWORKS LTD.
We are expecting more bullish momentum for UPL.
In our previous post we got the bullish momentum as expected.
Support levels are seen close to around 750 area as seen in the above price chart of UPL.
Buying signals can be seen at the recent support area around 750 area on one hour , four hour or daily time frames.
Stay connected for further updates for UPL.
CRUDE OIL :
CRUDE OIL seems to be aggressive bullish as seen in the price chart.
We are waiting for the downward pullback till 62 $ area to join the uptrend.
Buying signals can be observed around 62 $ area on 1 H , 4 H or daily time frame to get in line with the uptrend.
Stay connected for further updates of CRUDE OIL.
We are eager to get a downside pullback till 12900 area to get board in a bullish trend.
As seen in the price chart of NICKEL it seems to be aggressive bullish.
Buying signals can be observed at around 12900 area on 1 H , 4 H or daily time frame to participate in the bull trend.
Stay connected for further updates of NICKEL.
As seen in the price chart of ZINC it seems to be strong bullish.
Any downward pullback might be a buying opportunity.
We are interested to see price action buy signals in between the support zone of around 3440 to 3355 area.
Stay connected for further updates of ZINC.
We can see clearly, that we got a bearish rejection at key resistance area as seen in the above price chart of LEAD.
We generally don’t trade counter trend.
As we can see LEAD is following the bull trend.
But short positions can be created in LEAD following the tight stop loss of 2654.
Early exit would be preferred or else trailing stop loss should be used.
Also we can find buying signals at recent support area of 2430 area to get in line with the uptrend.
GBPINR seems to be in an aggressive bull trend as seen in the price chart.
It seems price may push higher in coming days as per price action.
Fresh buying opportunity can be found at around 87.40 area which may be a flip support.
Any price action buy signal created at around 87.40 area would be a buying opportunity to ride the uptrend.
EURINR seems to be strong as seen in the price chart above.
Any weakness down near 77.88 area would be an interesting entry area only on price action buy signals if found.
This week we will find the weakness till 77.80 area to participate in the bullish move ahead after getting buy signals.