A recent interaction led me to try counts on USDINR, but i'm compelled to Fut data here over spot.
USDINR 27-11 completes Buy setup which is also near previous TD sup of 29-08
Crude Buy CD13 failed, although its on a bit of distorted data around 15-11 and down inr. 500 from there.
Last time wasn't interested in IBULHSGFIN, 22-10 completed a buy CD13, currently taking support there after a good pullback.
This one and YesBank are in same category, so if trade occurs, will be small position.
Strength indicators:
Hdfcbank completed sell setup 28-11
Indusindbk also sell setup complete & sell CD 4
Not checking other Pvt banks as all are in same range.
PSU banks not doing so well, BoB for eg. is on a tiny range sell setup 8 from 20-11 to 30-11. Not good for PSUs
Others:
Apollotyre Buy CD13 complete 22-10 last 4- sessions are sell setup bars1-4. RR favourable.
DishTV Buy CD13 complete 26-oct but not yet reversed or above CD13 bar.
DMART looking good, completed sell setup 7-11
Jindalsteel looks buy CD13 complete 26-11 and TD Sup of Dec 2018. I'm looking at commodity stocks, Jim Rogers, a Jack Schwager market wizard, sees commodity up cycle in 2019.
Infy 21-11 completed Buy CD13, laready at Sell setup bar3. 10% in 5 bars. Depends if Rupee holds at 70.
ExideInd Buy CD13 complete 19-11. I'm actually long here last 4 days around 249, didnt realize the count. Another Voltas moment i guess
Zeel buyCD13 23-10, now breaking out of previous TDres of 480.
More analysis later