Minda Corp is now in break out of the Head and Shoulder pattern. The Stock turn goods for the Investors @ 35.00 Target 1 - 50 Target 2 - 60 Target 3 - 70 SL: 27 Disclaimer: Kindly do your own analysis before executing the trade
Sun Pharma has double top at Day Chart @ 467. The volume is High @ A Compared to B. Hence it hold as strong resistance. If Price has breakout below 420 with good volume we can short the script with Target as below: Trg 1 - 400 Trg 2 - 385 Trg 3 - 350 SL - 470 Disclaimer: Kindly do your own analysis before executing the trade
HUL has double bottom at 1902-1906 If It cross above 2160 - Its good to take Long Position Target 1 - 2250 Target 2 - 2340 Target 3- 2450 SL - 1900 Disclaimer: Kindly do your own analysis before executing the trade
In the 1 hour chart, a long lower shadow candle forms followed by the green candles, this signals the end of bearish sentiment and upcoming bullish momentum. This can also be confirmed by the Parabolic SAR and Macd. ADX also shows that the decline from 350 levels was a very weak directional move. Fibonacci retracements dictate a stop loss at 331.35 levels and an...
1. Long Bullish Candle 2. A Small bearish candle that open above the close of the 1st bullish candle 3. Bearish candle opens and close below the center of the 1st candle Pattern is valid as the trend is in Uptrend Short @ 1960 Target 1 - 1900 Target 2 - 1815
Bajaj Finance has double bottom at 1912-1915 If It cross above 2560 - Its good to take Long Position Target 1 - 3050 Target 2 - 3400 Target 3- 3700 SL - 2200 Disclaimer: Kindly do your own analysis before executing the trade
MGL seems to have formed a double top and will likely fall another 60 rs.
Prices on an absolute basis have not made new all-time lows, but on a relative basis, they have. The Nifty Media Index continues to underperform the Nifty 100 as this multi-year trend rages on. We’re not here to catch falling knives or be right about calling a top or bottom, we’re here to make money. And we do that by riding the strongest trends as long as they’re...
Nifty Media has failed to gain any meaningful traction over the last month and is now breaking down from its short-term bear flag. If prices are below their recent highs of 1,205 on an absolute basis, then we’d expect a retest of the lows near 971 and an eventual break to new lows that targets 830 over the coming 6-8 weeks. We’re not here to catch falling knives...
Nifty has given a falls breakout and ready for a small retracement till 9110 +
Intraday Trade Setup (04-May-2020): Case-1: If it break 1980 level, go for SHORT Enter: 1980 SL: 1990 (0.5%) Target-1: 1940 (2%), Target-2: 1910 (3.5%), Target-3: 1850 (7%) Case-2: If price sustained above 1990, go for LONG Enter: 1990 SL: 1980 (0.5%) Target-1: 2050 (psychological, 1.5%), Target-2: 2070 (4%)
Titan has crossed DiNapoli MACD and has probably began its 5th wave downward with a DiNapoli Agreement point at 710 +- levels.
Here’s the leader of the weakest stocks, Nifty PSU Banks, breaking down to new all-time lows on an absolute basis. When bullish momentum divergences fail to spark any sort of upside traction, that shows that sellers are remaining aggressive even at lower prices and that the downtrend remains firmly intact. If prices are below their recent lows of 1,220 then we’re...