November 27, 2016

  • EURUSD Month chart shows price falling towards the support zone between 1.0456 - 1.0519. this zone must be held to avoid a Range breakdown. With Dollar getting stronger this scenario cannot be ruled out.
  • 4 Hour chart shows the up move getting resisted at 50 Period SMA. Pair must cross and stay above this line for a reversal to take place. 4 Hour chart shows a bearish candle from 50 period SMA line. More weakness if price falls below 1.0580. Below this zone price may test 1.0560 , 1.0540 and 1.0520 levels.
  • GOLD Weekned update
  • CRUDE OIL Weekend update
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  • Tata Motors bulls is trying to hang on to the 200 Day SMA. Bulls need to stay above 200 SMA for a possible bounce towards the GAP in daily chart. If the low of 443 breaks then price may test the 420 - 425 zone.
  • Daily chart shows price below the cloud. Its sell on rise till price stay below the cloud.
  • TATA MOTORS WEEKLY DOUBLE BOTTOM
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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore