Price completes a classic 5-wave Elliot wave count sequence and reverses from the low. MACD histogram shows a near perfect positive divergence. Buy at: 573 Target: 615 SL: 552 Holding Period: 5-6 days
Escorts has formed bullish engulfing pattern on daily chart. CCI has crossed above -100 line. 540 has been a major support zone from where it has bounced twice. If you go for bigger picture then you will find Head & shoulder pattern + descending triangle pattern. Both are bearish in nature. Confirmation will be on weekly and monthly close below 540 ( safety...
Selling activities is over on stock. Major move longer than manor move. An excess detected at Value Low with buyers. Suppose to price rotation and, price move 562 above will give you solid SPIKE as target nearby 607 and target 638 nearby. Hit LIKE button for Real-Time ALERT . You can also share your prediction or view in the comment section.
As on the chart you can understand......this may happen if nifty will support otherwise A Boat cannot go long against the river.....guys better understand..
As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals. In Automobile Sector - Leading Companies Industrywise 1. AshokLeyland (Commercial Vehicle) 2. Jamna Auto/Automotive Axles (Auto Ancillaries) 3. VSTTractors/ Escorts ...
Escorts facing resistance @ 613 Check out escorts last analysis link down there
Sell for target 570/555/540. Sl 621. Regards, Sharma yogesh
Holding above 584 can touch 616/631 levels. Probability of hitting sl in this volatile session is quite high. Cautious. Regards, Sharma Yogesh
positional short sell trade maruti looks weak for atleast next 5/7 trading days .
INTRA : Down STRICTLY below 730 with sl 739 for 724-719-706
Trade (1) : R intraday 781-786 and stoploss 790 ad target mentioned in the chart. Trade (2) : Safe trade, sell below 757 for targets 721-726 and below it.