UPDATE : Indian NSE Currencies pairs USDINR & EURINR

Note:Indian NSE Currencies pairs Report click here.
EURINR index is very close to the target and USDINR index’s two targets has come. What’s next?

usdinr-moneymunch-1-16-14

What had I said for USDINR index? Click here.

I had Strongly recommended,

Technical Report of USDINR Pair

We have already recommended waiting for the crossover levels.

Bullish side rally will initiate after the crossover of 67.186 level. It will over after breakout of the following target: 67.492 – 67.852 – 68.105 levels.

Solid Support: 66.818

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Create Alert! EURINR index is very close to the target

Strong Resistance: 79.0064

But don’t sell after the breakout of the resistance level. Why? Because of technical indicators are indicating a solid uptrend after this level breakout. It can be up to 80.1007 level.

*Events : India Nikkei Services Purchasing Managers Index (PMI)
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Indian NSE Currencies pairs – Collapse Continuation?

Technical Report of USDINR Pair

We have already recommended waiting for the crossover levels.

Bullish side rally will initiate after the crossover of 67.186 level. It will over after breakout of the following target: 67.492 – 67.852 – 68.105 levels.

Solid Support: 66.818

Support breakout means downtrend up to 66.674 – 66.444 – 66.204 levels.

GBPINR FORECAST

GBPINR – Bearish Breakout

This pair price will drop in upcoming days. As per the technical analysis, it’s weakening.

Target: 88.927 – 88.361 – 88.046 level.

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EURINR is not bullish anymore!

Strong Resistance: 79.0064

Selling pressure will increase soon. It’s very close to the resistance level. It can be dropped up to 77.8244 – 77.2010 – 76.6865 levels.

But don’t sell after the breakout of the resistance level. Why? Because of technical indicators are indicating a solid uptrend after this level breakout. It can be up to 80.1007 level.

*Events : India Nikkei Services Purchasing Managers Index (PMI) Continue reading

Gold, Crude oil, Nickel & Cotton – Positive/Negative Divergences

free commodity mcx nickel tips

Nickel – Sharp move higher

In the previous week it prices value increase 40.2 rupees. This commodity price is moving higher. In upcoming days, we will see Nickel price at 1042 – 1055+. Buy in deep for getting maximum profit.

mcx cotton tips

MCX Cotton – Trend Forecast for June 2018

Strong Resistance: 22600
Breakout and Closing above the resistance level indicate solid uptrend. A simple strategy for making a trade on Cotton: wait, watch and earn.

Target: 23000 – 23500

Note: For Gold & Silver Report, click here.
Crude oil is very close to the first target and Gold’s both target has come. What’s next? To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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Gold & Crude Oil – Price as Bullish as it Seems?

gold tips

Gold – Hard bounce but fading

Test of downtrend resistance successful by hitting the support trendline channel. The technical structure suggests short-term downward moves but in the long-term, there is a growing upside momentum as per our previous research (click here).

Major support: 30900 level

Major support breakout can generate extreme selling pressure. The support breakout can come down the gold price up to 30700 – 30560. Don’t get confused by just breakout. It can be fake out also. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

crude oil tips

Crude oil – Collapse?

Everything depends upon the Feb month support trendline channel, look at the chart. In the longer term, the momentum is turning largely positive. We favor a continued bullish bias.

Reversal Target: 4700 – 4800 – 4900 – 5000
Downtrend Target: 4400 – 4300

Fake Out & Reversal Time will reveal soon. For the greedy trader and short-term investors for this is a perfect time. I will update that to members only.

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Tata Motor’s reverse point is coming.

We are seeing change in Tata Motor (EQUITY): Long downtrend is coming to the end and support is 279 and 268.Buyers good level can be as 279 and 268. Profit booking level can be as 302 and 2nd can be as 311-318.

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ACC: On Radar To BUY

ACC: Most of the time when is break its cennal it has again come to cennal.

So now it has break its 5th support and moving down … in the same way it will

again, the chances to move up by taking its support as 1270 & 2nd as 1178.

Traders are recommended to buy at 1270 nearby, last buying opportunity at 1178 and go for the target 1440

and if maintain good then second target can be as 1580.

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