I recommend buying Ambuja Cements @ 225-228. Ambuja cement was in a downtrend but i feel a reversal has happened. Around 195-197 it bounced . so now breaking previous high it is looking to break 245-250 levels. After struggling around 212-215 levels it broked it . The bulls seems to be in control.
A Bearish Gartley Pattern is setting up in NSE:BHARTIARTL . The pattern completes at an important level on the higher time frame. Also, AB=CD pattern completes at that exact point further confirming the patterns reliability. Targets and Stop Loss are mentioned in the charts. Trade accordingly. Dpk.Htkar
It is wait and short. Jindal steel looks weak. I recommend to see level break @196. So short levels are 196.194. Target will be 178-175. Stop Loss 201. For aggressive traders.... you can short at current levels of 200-203 with stop loss of 207. The daily ichimoku resistance on the slower line is 205 which i believe will not break.
In weekly, after a strong uptrend, head & shoulder pattern formed then price broke the neckline and pattern confirmed. Bolinger band is in downtrend and price is pushing the lower BB downwards. So we can see selling pressure in metal stocks like tatasteel, hindzinc, welcorp, hindalco, vedanta etc.
In weekly, important horizontal support 555-542 broken, next support at 415-407 level. In daily time frame.
AUDJPY Seems to be giving multiple bearish signals with the price action ahead. I'd prefer to go short along these levels.
on daily time frame USD/INR showing bearish divergence USD will fall IN upcoming session this will benifit IT companies
Levels mentioned in chart. #highrisktrade
Levels are mentioned on charts. CP 310. SL 320 Target 290-280. Has broken 6 month trend line and in hourly chart every recovery seems weak.
We saw an RSI Divergence during the 2nd week of May. And the prices are breaking all the supports ever since. All the other info is marked on the chart. I would prefer to stay away from this stock until a strong bullish confirmation is received.
IN my view , it should even slide further to 244-----242---239 levels ...stop loss of 255 need to be given priority .
Mutiple bearish divergences in stochastics as well as negative MACD crossover makes NSE:RBLBANK as 'SELL' cadndidate! Short NSE:RBLBANK tomorrow with a target of 507(t1), 501(t2) & 496(t3). A stop loss of 517.3 is highly recommended.
Short Arvind below 404. Stock has broken a uptrend and will continue it's main trend which was down. An hourly candle closing below 404 will confirm break. You can short it then target of 385 with stop loss at 410. Just look for an hourly candle closing below 404 and then enter.
Short India Cement @ 134- 132 with stop loss of 138 and target of 122. India cement was in downtrend and should continue with it. For details on levels you can see charts. You can buy put option of with strike price of 130
Adanient has been in a small range 14-15 days. On the upside it is having difficulty breaking 142 and on downside buying was seen at 135 levels. recently since few days we see buyers losing the fight. It should break the downside now. You can short at current levels or short after it breaks 135 level. Target etc is given on charts. Thanks
It has been in a range for around 2 month. The range is broken and weakness is also there. So short it. Target and Stop Loss mentioned on chart.
PNB is bearish. It was in a range since Feb which it has broken and in a hourly chart we can see that it is testing those levels of 91.50 levels and is failing. Target is 87 to 85. SL is 91.80