EXIDE INDUSTRIES - BUYING AREA 158 -160 TGT - 180++ SL - 155 CBSL
CADILA - WAIT FOR BREAKOUT & PULL BACK
BPCL - GAP FILLED - NOW LOOKS GOOD TILL IT HOLDS 340 LEVELS - TGTS CAN BE AROUNT 380-400
AJANTA PHARMA - KEEP IN RADAR
we can trade after channel breakout with many confirmations!
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...
UNDERSTANDING THE RELATION BETWEEN INDEX AND EQUITY USING INDICATOR "CORRELATION COEFFICIENT".
DABUR HOLDING 505 AGAIN CAN GIVE A RISE UPTO 550 THIS TIME
THE FOLLOWING CHART IS ONLY FOR EDUCATIONAL PURPOSE.
Wait for breakout or flat opening... buy above channel pattern!
AMBUJA CEMENTS IN RANGE - BREAK OF RANGE WILL GIVE GOOD MOVE MT VIEW - LOOKS MORE ON UPSIDE
HEROMOTO has formed a higher high with rsi didnt make a new high or test the previous high a break above or below the triangle can result is a trending move
HDFC Bank reversed from a Bearish Harmonic Bat and now has activated a Bearish C Clamp as per Ichimoku study. It faces resistance at 1210 and it could retrace till 1130/1080 provided it does not breach above 1240 Harmonic Trading Patterns are formations based on Fibonacci Ratios which indicate reversal of a trend with retracement levels of 38-50-62% of the trend...
Look for BNF chues and take a trade accordingly. **Only for education**