CIPLA Looks Strong; Long at current Level RR 1:3 with price target of 7-10 days
Buy Nifty Target of 11195 with SL 11650 The boring candle shows support @ 11675 considering this we can go long for Nifty with target of 11195 for 1-2 week trade NSE:NIFTY
HI TRADERS THIS IS MY 3RD ANALYSIS AS PER ME PC JEWELLERS ARE BREAKS THE RESITANCE AND CAME DOWN . IT IS BREAKS AGAIN GO FOR LONG WAIT UNTILL RESITANCE BREAK . RISKY TRADERS GO LONG . THIS IS PURLY MY OPENION NOT FOR ADVICE . THIS IS FOR EDUCATIONAL PURPOSE ONLY FINAL DECISION IS YOURS .
CE OI thrice that of PE OI. 150 Seems like an unbreakable level. Short and carry till levels of 135. Stoploss: Above 145.6 Further analysis after target meets.
HEROMOTOCO Bearish engulfing pattern has been spotted at the top of a rally in heromotoco. Also, there is an immediate resistance at the same level.Both RSI and stochastic have given bearish crossovers. Stochastic lies in the overbought zone.
NSE:BAJFINANCE BOTH RSI AND STOCHASTIC HAVE GIVEN BEARISH CROSSOVERS FROM OVERBOUGHT ZONES. ALSO EVENING STAR PATTERN HAS BEEN OBSERVED AT THE TOP OF A RALLY.
Tri Star candlestick is an extremely rare pattern . In my 10 years of trading experience i found only one in EOD stock charts nifty stocks allowed in Future. Since it happened to me only once I have no prior experience of its performance however one can short the stock with very small stop loss of the 432.50 on closing basis.