Biocon forming flag pattern. previously is also formed a flag and breakout from the flag gave a good upside move. watch for the breakout of this recent flag.
ICICI BANK FORM DARK CLOUD COVER CANDLE PATTERN ON DAILY CHARTS WHICH IS VERY BEARISH SIGNAL. THOSE WHO WANT TO TRADE LEVELS ARE MENTIONS ON CHART.
Today I was expecting a bullish move and it was but in last hour we saw selling pressure from 11946 level and my resistance level was 11926. Now on the daily chart it has formed long upper shadow with little body. @What next? By looking at the daily candle of today, I am bit bearish because there is a resistance on weekly chart and 11926 is the weekly...
We can see a weekly chart of L&T Infotech, which took support around 1440. It has made the spinning top near support before last to last week and given confirmation of Double Bottom. Now the stock is showing the potential of gain in this weak market. We are looking positional target of 1620-1650-1700-1800. Keep stop-loss below 1435, add your own analysis too.
Technically trading at the good demand zone and should not break 261-256 zone Technical levels to watching for 270-276-285
This stock may touch 5296-5249 demand zone and can bounce from there If the demand zone will hold then we can see 5556-5784-6020-6216 and more
NSE:GRASIM Grasim has failed to cross short term trendline and started trading below it for last 2 sessions.
NSE:INFY Infosys Ltd has confirmed Head and Shoulders pattern breakdown. More down side is pending.
NSE:AJANTPHARM Ajanta Pharma has given breakdown from short term trend line. Also it is trading well below 200 DMA. If starts trading below Friday low then there are some more down side is expected.
On 6th March 2019, Nifty break its strong resistance of 11020, now it move towards its next resistance wall of 11120 & 11250 if in upcoming 3-4 sessions(Specially Weekly Closing) it closes above these levels then it clearly move to break its old High of 11760 which needs energized fuel to pump up. So what are this energized fuel? No comments on that time will...
NSE:MARUTI Maruti has given breakout from triangle pattern. If it starts trading above break out candle's high then more upside is expected.
NSE:PEL PEL : This counter has decisively started trading above 200 EMA and given breakout from trendline. Closing above 2400 will be a good opportunity for positional trade.
NSE:GAIL Gail India : Has formed Shooting star candle stick pattern after good up move. This is a bearish pattern. Also noticed it has rejected 200 EMA which adds more confidence of expecting weakness in this counter. If starts trading BELOW Friday low then this patter is valid.
NSE:MGL MGL Ltd : Morning star chart patter on weekly chart which is a bullish and strong reversal setup. If starts trading above Friday high then we can expect good upmove in coming week ahead.
NSE:CEATLTD Ceat Ltd : Morning Star on Weekly chart which is a good reversal setup. If starts trading above Friday high then we can expect good upmove in week ahead.
PIDILITE CMP 1123.80 HA Candles broke the resistance line and closed above it. MACD line is above the signal line and going upwards above 0 line. The stock is in an upward trend and HA candles is above the 20 EMA which shows positive upward movement. 30-40 points of upward movement can be achieved. It may show strong movement if it crosses 1180-1200. As of now...