RARE SIGHT for Technical Analysts:
A breakout above the Rising Wedge pattern(rather than a breakdown).
Now we could be in a TOO FAST and FURIOUS zone.
#RupeeVsDollar #Rupee #RupeeAtRecordLow #rupeefall #inr
More from Kunal Bothra
And here it is:
The 3 most important rules which I follow in spotting a major trend reversal laid out in this stock, 'as it is'.
1. Trend reversal
2. Price patterns
3. Indicator confirmation
Perfect TA chart.
All boxes ticked !!
Do comment, like and share !!!
#DRREDDY https://t.co/4JGg71GenE
The 3 most important rules which I follow in spotting a major trend reversal laid out in this stock, 'as it is'.
1. Trend reversal
2. Price patterns
3. Indicator confirmation
Perfect TA chart.
All boxes ticked !!
Do comment, like and share !!!
#DRREDDY https://t.co/4JGg71GenE
Today at 2 pm:
— Kunal Bothra (@kbbothra) July 5, 2022
I will bring to you one of the SUPER FINEST TECHNICAL CHART setup on a largecap name.
Agar yeh nahi chal paya toh kuch nahi chal paayega\u2026
Retweeet tsunami has to come for this one\u2026 #stock #breakout #technical
More from Screeners
History tells us when #USDINR moves it moves a lot. In that context it has been remarkably resilient with just 8% depreciation. It looks like we are very close to the point from where Rupee will start to appreciating again.
BTW Nifty Metal has inverse correlation with USDINR. https://t.co/X6cqVcYF3V
BTW Nifty Metal has inverse correlation with USDINR. https://t.co/X6cqVcYF3V
We know how our stock market has weathered the FII selling.
— Sandeep Kulkarni (@moneyworks4u_fa) June 10, 2022
But the equally big story is how Rupee has weathered $50bn+ outflows since Oct 2021. Hats off to RBI Governor Das & his team for having the vision of building huge reserves in his tenure. pic.twitter.com/CVuF9dM361
Still having the same view. Will update if there is any change. Falling trendline breakout doesn't work that way in a bear market the way it works in a bull market. Updating your methods according to the market is the key.
#nifty50 https://t.co/64ZktWHQev
#nifty50 https://t.co/64ZktWHQev
This is the maximum upside for now, post that I am looking for an 8-9% fall in index.#nifty50 pic.twitter.com/BcSOiwWuBs
— Aakash Gangwar (@akashgngwr823) June 24, 2022