Green Hills Analysis

Wednesday 16 November 2016

Indian Index Intermarket Analysis Overview :-

Lets Start with USD/INR :-
1) Overall Trend is Bullish.
2) Made a Bullish Continuation Pattern and Given Breakout signal.
3) Traingle Range Target is 70 accordingly Classical Charting .

NIfty50 Index :-
1) Overall All Trend Now Changed to Bearish (1st Lower high Formation) .
2) Bearish Wedge Pattern Formation and Now Given the Breakout.
3) Island Top Reversal at the Top and Head and Shoulder Reversal Forms.
4)Target 6500 of this index According to Fibonacci Extension 1.27.

US Dollar Index :-
1) Trend is Up .
2) Made a Trend Continuation Range Pattern which is likely to go Up.
3) Targeting 108 as Range Cloned to Upside .

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