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AUDCAD recently reversed up from the pivotal support level 0.8575 (former monthly low from November) which formed the daily candlesticks reversal pattern Bullish Engulfing in September.
There weren’t any surprises in the Governors’ statement. Sometimes no news is good news, which is why markets have reacted with a slightly positive bias, says Apurva Sheth, Head of Market Perspectives & Research at SAMCO Securities.
Avenue Supermarts has seen a breakout of downward sloping resistance trendline adjoining highs of June 19 and September 14 this year, and has formed strong bullish candlestick patttern on the daily timeframe with robust volumes. The stock climbed 4 percent to Rs 3,873.