HBI is in a Long Lasting downtrendchannel. A nice bearish engulfing built up near the upper Bound of the channel in the Weekly timeframe that maybe Signals the end of the upside leg. Take a shortposition the next week.
JET, WEEKLY price reversed from supply zone, now falling towards demand zone can expect 190-180 soon.
INDUSIND BANK, WEEKLY smells bearish my target 1400
GODREJCP, daily downtrend may go upto 730 (if demand zone is active) then reversal is expected. If demand zone fails there will be a heavy fall.
GODREJCP, weekly downtrend (dow theory) Expecting 600-550 down
its weightage to multiple timeframe ema (fast-slow) and overall sum of 3 timeframes which is lower than daily to show net movement direction / change for entry for buy and sell
It's in Downtrend in Monthly and weekly timeframe also Details in chart.
EURUSD SHORT NOT COMPLETED YET? EURO has been in a strong downtrend since FEB,18. Apparently it might be in making of 5 wave structure. If that's the case then 4 waves are completed and now heading down again for 5th wave. 5th wave of the daily structure is in also making of 5 wave but in that case 4th wave might completed now and now on it is going to complete...
DJI will probably take one of these two routes - Curve A or Curve B. Comment what you think looks probable. The three trend lines extend from Feb 2013
Bearish flag in NIFTY 50 chart also level it came down towards 9500 9400 9300 may hit in upcoming sessions
This stock is on a downtrend from all-time highs reached in Jan 2018. Sell if 1-day candle closes below 650. Target 570. Major Support near 560.
As on 24/09/18, Tata Motors is in downtrend. Sell Tata Motors for target 231.