AUROPHARMA CHART SEE BULLISHAUROBINDO PHARMA protect 570-568 level on weekly base. auropharma go up...
buy around 600 and target 660-680rs
sl- 570-568
* SUPPORT 570-568
* RSI BULLISH DIVERGENCE
Fib
NIFTY WEEKLY FOR APRIL-11-2019.Aim for low of 11276 in spot for NIFTY 11-04-2019 weekly expiry with sl at 11761.
Sterlite Technologies Limited- Extreme Price ActionSterlite Technologies Limited is currently struggling near Fibonacci @3.14 Projections. From Past three months, stock is not able to cross Fibonacci 3.14 levels. However as yet there are no sign of weakness or reversal in the stock.
Stock Might consolidate more near these levels.
Support are at 310, 270
Resistance at 360- 370, 430
Cipla : Waiting for that UpsideRight on Fib lines with Good Breakout to upside ( sizeable volume ), pretty risk-reward : So Longs in Cipla ?!
TaMo : Up & Down Hill Rides...Same as Ambuja cements yesterday, Tamo was on bearish side that's the only difference here, resistance at 61.8%, on bearish confirmation depending on your risk , You can take shorts in Tamo. This week, I don't even know what to write in description :P
Nifty : Aaluma Doluma Aisalakadi Maluma !Happy Guys & I don't know what to give as title, so gave a song title :)
Getting Back to analysis, we drew ABCD yesterday, there can be more reasons coming up today for upside move. For example, Am expecting Double Bottom on 15mins time frame but will see whether it happens. I hope Nifty, after taking support around 9130's zone we may get move up till 9170's zone.
Let's see how this ABCD pattern completion works for Nifty, a gap up ? Hmm possible.. !
Last minute add, I forgot whom but someone mentioned that its at 61.8% through the zone of 9130's Nifty, anyway thanks to that person for providing input :)
Once Again Guys, Thank You So Much... Love you all.. Have a Wonderful Trading Day :)
Let's Celebrate Together : rachaelsbooks.files.wordpress.com
Google "aaluma doluma" for full song ;)
Crompton Greaves LongI would go long the stock because
a. it made a bullish Doji Star 2 days ago at significant 50% retracement level.
b. Primary trend of small swings being supported by the trendline.
c. Last Bar is giving opportunity to enter at cheaper price so Stop Loss is affordable.
One can go long providing suitable Stop Loss and expecting the target double the risk provided.
Shorting trade with good Risk to reward ratio NCCNCC has made beautiful Head and shoulder pattern and touching from below. it is at the 78.6 fib level from the current swing. Entry at this level with small Stop Loss and target around 80 is giving risk to reward ratio. Good Luck
Beautiful Downstairs formation good Risk reward NHPC shortThe formation itself is telling clearly where it wants to go so just follow the price movement. Stop loss little above the latest picot which is also beautifully aligned with fib 61.8 level.
