HeroMotoCorp is in last leg of bearish bat formation. Might hit 3323 and 3409. Go long above 3255.
IDEA has been correcting since a long time and looks like the correction is Potentially Over.. I am taking an Early Action on it with a small stoploss around 63 levels and Targets around 120. There is Bullish MACD Divergence on the chart and the last candle is bullish one to give some support for the prediction. Happy Trading!!
BankNifty is reversing after giving an ABC correction... It could very well turn out to be a Wave W of larger correction but for now BankNifty is reversing and is giving a Buy Setup for a Target of around 18750 and 19100 with Stoploss just below the recent low around 17575.
Head and shoulders type pattern on 15 min tata steel chart after nice bull rally buy above - 451.35 stoploss - 443 target - 474+
15 min chart breakout stop-loss - 8370 Target - 8490+
As shown on the weekly chart, RCF is about to complete a 8 year old symmetrical triangle. What makes it special is-- there is a good inverted Head and Shoulder price pattern (S-H-S) in last leg. Breakout is above 54 - 58 zone targeting 130+++
Buying kotak bank because of price is at rsi oversold area on daily chart and strong bullish candlestick marubozu type formation with good volume,weekly chart is also at rsi support zone and target is based on Fibonacci Stoploss - 690 Target 1 - 747.45 Target 2 - 781.31
Nifty 15 minute chart bullish bat pattern stop-loss - 8215 Target - 8306
NIFTY has strong short-term support at 8100 followed by 8020. Looks a good buy set-up at cmp targeting 8235! SL should be maintained below 8100
Rejecting Lower Price Breakout Zone Bullish Pin Bar
Ascending Triangle on Nifty and it will break upside. Its a levels to reach the high target of 8275. NOTE - Short term levels. Level 1 - 8154 Level 2 - 8189 Level 3 - 8213 Level 4 - 8241 Level 5 - 8275 - Happy Trading
ApolloTyre is giving a Buy Setup for Wave C rally towards 210 levels.. Stoploss can be around 179. Should be a nice risk reward trade.
Hathway has broken above the 200 DMA and the bear channel. A flag formation is being formed. The stock looks set for a breakout from the consolidation pattern to higher price levels.
Impulse moves during downtrend completed on daily charts. Now ready for counter-trend corrective move. Target 1: 670 Target 2: 725 Stoploss: 601
OI Analysis: Price - UP Volume - UP ( last 2 hrs ) OI - UP (+17%) Market - (let see on 23/12/2016 - if nifty positive then will hit the targets) Conclusion - Bullish Strong Support - 1111 ( 3 rd times bounce from this support level ) MACD - Bullish crossover on bearish trend (below 0 level) but histogram likely to move above 0 level, its...
To invest in a good stock, sometimes a simple trend line or trend channel is sufficient to identify an entry point. HDFC Bank stock has been in an uptrend since year 2009. The stock has been correcting from 1310 levels and is nearing first key support at 1120. Lower long term support is at 920. Looking at the prior trend, entry at 1120 looks tempting. Start investing :)
Nifty has corrected around 50 to 61.8% Fib Levels for previous upmove. Once the Price Breaks out above 8110 Nifty gives a Buying Opportunity for the C wave up move towards 8400. I will be buying Nifty @ breakout above 8110 with stoploss below 7980 for Target of 8370/8400. If the price continues to go lower below 7920 and make new lows then the above analysis would...
Jublfood is showing pattern which suggests that the correction might be complete and it is ready to go higher.. I would buy now with stoploss around 800 and Targets of 1000 and higher..