term

EUR/USD The Euro remains under pressure, as today’s gap-lower opening triggers fresh weakness that cracked initial supports of 55 day EMA and Fib 38.2% of 1.3052/1.3305 at 1.3180. Negative hourlies favor further downside, with the next support seen at 1.3150, 50% retracement. From the other...

EUR/USD The Euro picks up the pace at the beginning of European session and breaks above two-day congestion under 1.3100 barrier. Prevailing positive tone keeps the upside potential for full retracement of 1.3241/1.2795 descend in play, with interim barriers standing at 1.3136, Fib 76.4%...

EUR/USD The Euro holds positive near-term tone, following yesterday’s rally that probed levels above 1.3100 barrier. Corrective easing on overbought hourlies, was so far contained by 20 day EMA and the previous top at 1.3050, however, south-heading hourly indicators do not rule out further...

EUR/USD The Euro regained 1.3030 level during the Asian session, following weekly close below 200day MA and psychological 1.3000 support. Hourly indicators moved above the midlines, with positive 4h structure being supportive for further gains. Clearance of last Friday’s high at 1.3060, is...

EUR/USD The Euro maintains positive near-term tone while holding above 1.2900 higher platform, where 55 day EMA keeps the downside protected in the near-term. With 4h indicators being in the positive territory, scope exists for possible fresh attempt at strong barrier and near-term tops at...

EUR/USD The Euro bounced off yesterday’s fresh low at 1.2795 and regained psychological 1.2900 barrier, sidelining immediate downside risk. This would open way for stronger corrective action, as near-term structure turned positive, with clearance of 1.2911, Fib 50% of 1.3027/1.2795 descend...

EUR/USD The single currency remains under pressure, as last Friday’s fall dipped briefly below 1.2800 handle. Subsequent bounce still stays capped at initial 1.2850 barrier, previous lower base and 55 day EMA. With hourly studies heading higher and 4h studies being overextended, further...

BUY Premier Ltd. Long Term Target 106 Stop Losses 65 Last Traded at 74.50 BUY Syndicate Bank Long Term Target 160 Stop Losses 130 Last Traded at 132.55 BUY IDFC Ltd. Long Term Target 180 Stop Losses 157 Last Traded at 161.65 BUY Mahanagar Telephone Nigam Ltd. Long Term Target 41 Stop...

BUY Jindal Steel -and- Power Ltd. Short Term Target 328 Stop Loss 294 Last Traded at 308.65 BUY Muthoot Finance Ltd. Short Term Target 190 Stop Loss 149 Last Traded at 155.45 BUY Adani Power Ltd. Short Term Target 60 Stop Loss 45 Last Traded at 49.05 SELL United Spirits Ltd. Short...

EUR/USD The remains in near-term consolidative mode, as 1.2934 proved to be solid support after being retested and holding for now, with brief attempt above 1.3000 barrier, signaling possible corrective action. Improved hourly studies support the notion, however, sustained break above 1.3000...

EUR/USD The Euro traded in consolidative mode during the Asian session, moving within narrow range and above last Friday’s fresh low at 1.2934 that marks Fib 61.8% of 1.2744/1.3241 recovery rally. The downside pressure persists, as the pair dented 200 day MA and near-term range floor at 1.2950...

EUR/USD The Euro holds positive near-term tone after yesterday’s rally above hourly triangle resistance that peaked at 1.3192. Corrective easing has so far been contained by 20 day EMA at 1.3150 zone, near Fib 38.2% of 1.3070/1.3192 upleg. Indicators on 1 and 4h charts are in the positive...

EUR/USD The Euro remains in the range-trading mode, with slight improvement seen on a break above 1.3100 barrier, as near-term base has been established at 1.3060 zone. Hourly and 4h structure remains weak, however, fresh strength threatens break through 4h triangle resistance at 1.3120, along...

BUY NCC Ltd. Long Term Target 40 Last Traded at 32.55 BUY Tata Steel Ltd. Long Term Target 350 Last Traded at 311.00 BUY YES Bank Ltd. Long Term Target 600 Stop Loss 486 Last Traded at 500.00 SELL Lupin Ltd. Long Term Target 695 Stop Loss 710 Last Traded at 706.90 BUY Havells...

BUY Tulip Telecom Ltd. Med Term Target 27 Stop Loss 19 Last Traded at 22.60 BUY Housing Development -and- Infrastructure Ltd. Med Term Target 65 Stop Loss 50 Last Traded at 54.85 BUY Ajmera Realty -and- Infra India Ltd. Med Term Target 138.65 Stop Loss 89.65 Last Traded at 103.80...

BUY Hindustan Unilever Ltd. Short Term Target 625 Stop Loss 480 Last Traded at 571.80 BUY Jaiprakash Associates Ltd. Short Term Target 95 Stop Loss 72 Last Traded at 76.55 BUY Tata Steel Ltd. Short Term Target 325 Stop Loss 300 Last Traded at 311.30 BUY Reliance Capital Ltd. Short...

EUR/USD The Euro failed to sustain gains on yesterday’s rally through key 1.3200 barrier, as the price reversed lower after posting fresh high at 1.3240. Gains were capped by 50% retracement of larger 1.3710/1.2744 descend, with reversal below 1.3200 handle, softening near-term structure. The...

BUY CORE Education -and- Technologies Ltd. Long Term Target 80 Stop Loss 50 Last Traded at 54.70 SELL Essar Oil Ltd. Long Term Target 58 Stop Loss 87 Last Traded at 76.35 BUY Tilak Nagar Industries Ltd. Long Term Target 109 Last Traded at 67.80 BUY Housing Development -and-...

BUY Reliance Capital Ltd. Short Term Target 360 Stop Loss 352 Last Traded at 352.40 BUY Lanco Infratech Ltd. Short Term Target 12.04 Last Traded at 11.20 BUY Hindustan Unilever Ltd. Short Term Target 600 Last Traded at 583.60 BUY Hindalco Industries Ltd. Short Term Target 103 Last...

EUR/USD The Euro extended recovery rally to briefly break above 1.3100 handle, however, gains were limited, as the price action was capped at 1.3115, failing to clear the barrier on repeated attempt. Pullback under 1.3100, could be seen as corrective, while price holds above 1.3050 zone, 50% of...