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have all the makings of shooting to 16210 on weekly & daily charts & thats the point from where i fear fall will start to 7200 again . a longterm view ..have to save this chart with reminders .
With another cup and handle pattern in BankNifty and the bearish markets (and Bulls trapped within), seems 23000 not too far for BankNifty and Nifty, too, should follow suit.
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Defense contractor Northop Grumman fell hard toward trend line support both before and after its earnings report last Friday, despite a solid beat of analyst expectations. The fall has occurred as analysts adjusted forward estimates of earnings and sales downward for the next two years. Despite the downward revisions, Northop Grumman remains a growth company, with...
VOLTAS TAKING SUPPORT OF TRENDLINE
HIGH RISK TRADE - AGAINST THE MKT
GOOD TILL IT BREAKS AND SUSTAINS BELOW 690
BELOW 690 CLOSE VIEW NEGATED UPSIDE 717/738
Bharti after going through a smashing, is shwoing diverence on weekly charts
rsi made a lower low but price hasnt
would be interesting to watch
dips can be bough
note: un predictable and volatile stock. stick to risk management at any cost
Indigo took support on an important rectangular area. It re-tested but got resistance from 50 EMA. It will come and retest the support line and then can either break sharply upwards or downwards.
