Both Nifty & Bank Nifty are at an Ichimoku Price & Time axis equilibrium today with Nifty probability of a Double Top and Bank Nifty at a Bearish Harmonic Reciprocal AB=CD. Nifty has support at 11750 while Bank Nifty has support at 24650. Breach of both could lead to further downside till 11400 & 23000 respectively. View would negate above 12100 & 25200...
Target Hit before my expected time.
INDIAN HOTELS looks moving in a currently established trend
Close above 200 SMA & there is positive crossover of 20/50 EMA
DABUR HOLDING 505 AGAIN CAN GIVE A RISE UPTO 550 THIS TIME
CUMMINS IND AT GREAT SUPPORT
CIPLA BOTTOMING OUT BUYING CAN BE DONE NEAR 760 - 65 AREAS ... LOOKS STRONG TILL IT HOLDS 750 PERFECTLY CAN SEE 820/40 IN COMING WEEKS
straight FLAG PATTERN it can break either way so be cautious before taking the trade and don't be caught yourself in fake breakout DON'T forget to check out my previous idea on Drreddy , it worked really well on 4 hrs time frame Follow & like & comment
Trend📈 line breakout take next candle breakout of first candle and enter
THE FOLLOWING CHART IS ONLY FOR EDUCATIONAL PURPOSE.
We had recently discussed this stock in our YouTube Video. And just look at the move.
SUN PHARMA SHOWING SIGNS OF BOTTOMING OUT !!! IF HOLDS 480 DEN A BIG UPSIDE IS EXPECTED SO VERY GOOD RISK TO REWARD RATION
BHARAT FORGE FOR POSITIONAL ONLY MAY TAKE 4 TO 6 WEEKS TO ACHIEVE TGT