venkatfx

venkatfx

As on 6th May EOD closing chart, BN is holding on to support area. BN is strong with positive news from ICICI, Kotak, Axis and average results from HDFC. Just a draft proposal from RBI on its new policy had to see some sell off from SBI which was very bullish. Trade on 7th may to be based on opening and breaking of S1 or R1 etc

venkatfx

price is simply going up and up. price move is indicating its extremely Bullish

venkatfx

price is keep on moving up for long time now and cup and handle pattern in recent price last few days and price moved up the neck line indicating Bullish trend and up move in this month is visible in NTPC

venkatfx

For quite some time price is within a channel with strong support and resistance lines. right now price seems to be taken support and rising up. 10% upside is seems to be possible in 1 to 3 months.

venkatfx

Price is making new HH and HL and quick moves up side is visible in chart.

venkatfx

In charts price is simply going up and chances of cup height to see above next line in 1 or 2 years. Price is expected to fly high levels in May as per the price move. Trend looks extremely Bullish

venkatfx

CIPLA is in big bullish move but seeing short term correction trend now and price to see its previous support in this month. so may not move up in coming week with out testing support zone.

venkatfx

Price is keep on moving up non stop. extremely bullish.

venkatfx

In charts price is in ascending triangle and its bullish pattern. but if price do not move up chances of falling which has not happened. Price might spike too since high low forming for quite some time now so bullish pattern is intact till now.

venkatfx

In charts BajFinance is in down side channel but with relief from RBI it needs to be seen will trend gets changed or not. Else it could see bearish trend.

venkatfx

In charts its clearly showing multiple cup and handle patterns and price making new high levels and looks extremely bullish

venkatfx

Hindalco given excellent Q3 results, price is making fresh all time high. cup and handle pattern in chart. handle it self is 100 rs so share price can increase 100 to 300 rs in a yr or any time based on Q4 results/

venkatfx

ONGC has given negative results and price is at previous high and yet to test the actual resistance area yet. No sign of correction of fall yet.

venkatfx

Price is at all time high and making flag pattern above previous high levels, need to wait and see if its continuation pattern or will get rejection from all time high.

venkatfx

Grasim is at all times high and only moving up only. No sign of profit booking.

venkatfx

Coal India Q4 results beats street estimates. price is at all time high and its still moving up

venkatfx

Nifty failed to break 22780 zone so double top holding strong now resulted in selling by all players.

venkatfx

For long time ITC is Bullish and its in Bullish Flag pattern right now. Inside the flag area it has formed a support and its having minor resistance - R1, R2, R3, I think once these levels taken it could give spikes on upside which will support Nifty