Both Have been moving in proper direct correlation and Now XME has topped out will CNX metals follow same course of action
crude oil weekly charts showing negative divergence and getting rejected from upper end of the trendline , breakbelow 90 will again up next support at 84/78
Maruti has retested its breakout at 8400 levels and again started to move up , the pattern visible is a clear Pole and pennat and possible breakout today on it , one can buy Longs with SL at 8450 for upside targets of 9200/9500 in short term
DLF on daily charts has completed a 3 wave complex correction and now again started to move up with a impulse wave on minor time frame , with the momentum indicators turning to buy again , one look to take Longs with stop Loss at 360 for this stock making new swings highs again upside targets would be 430/480
Banknifty formed a important bottom at 34051 and moved higher in a impulse wave till 38856, post which we saw a 50 % RT in price and made short bottom at 34610 , the prices on shorter time frame has again started making higher high , higher lows and broken above falling trendline and prices sustaining above short term moving averages , favouring a risk on trade...