Index slipped below the confluence support zone of 14500 as it continues to oscillate within its Declining channel range. Proximity towards the lower end of the ..
Rebound towards the upper end of the channel so far has been gradual with most of the key strength indicators flattening. The recent ‘Doji’ near the ..
Index witnessed a Doji formation near its breakout zone; ideally such a formation after consecutive occurrence of Inside bars is a sign of caution. With most of ..
USD/INR is trading above the important moving avg of 20 and 50 DMA. But the top seems to be heavy and now some pullback is coming. We expect pullback to come ti..
The oscillation within the range is getting narrower by the day as the series of inside bar formations continue to occur on its daily scale. With its daily RSi a..
Ongoing oscillation within the range of 14800-14440 for the week would be concluded once the index registers a close outside its major bounds of 14960-14400. The..
Expect index to retain its oscillation within the range of 14800-14440 for the week with major bounds at 14940-14400. There is no major sign of weakness as most ..
Confluence zone of the two channels seems to have worked well as the recent rebound looks breaking above the ongoing declining channel formation. Four bullish re..
Index could remain oscillating within the ongoing channel pattern with key bounds been placed at 14940-14430. As most of the indicators remain either flat the pr..
Rebound from the confluence zone has been strong & inline with expectations. The immediate level to track on the upside is placed as the upper end of the imm..
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