HINDPETROIt appears to have formed a double bottom in lower time frame after the recent sell off. If it sustains above 260 then it could retest 275 where it finds its first level of resistance for any bounce/reversal.
Ichimoku_soporte_resistencia
NiftyNifty after making a high on Dec 20, has shown signs of consolidation. Currently it is at an hourly resistance of 12200-12210. It could reverse from here for a test of 12050-12000 (daily time frame support). View would negate above 12260
TATA STEELIt has a weekly as well as daily resistance at 420 from where it has reacted. Unless it manages a close above it there is strong possibility it might retest support at 390-380 to confirm a higher low. Sustaining above 420 (on closing basis) could take it to 475
TCSThe retracement from the resistance could be ending here near a Bullish Cypher which is close to both daily and weekly support. The overall uptrend view along with this would get negated below 2085
Dr Reddy's LabAfter giving a Cup & Handle breakout in daily time frame its consolidating around the neckline area 2840-2800. Upside opens for 2950. View would negate below 2780.
TCSThe reversal from Bearish Shark has retraced by 50% and has opened up the probability of a Bullish 5-O here which is giving targets of 2400-2450. View would negate below 2050. As per Ichimoku also it has good support between 2100-2060.
UPLIn weekly time frame it has shown consolidation near kumo while in daily its giving a breakout today above Kumo. An EoD close above 604 could take it to next level of resistance near 635. View negates below 588
NiftyWeekly resistance at 11375, Daily support at 11175. Narrow range 11375-11100, break on upside could see 11550 while on the downside 10950. Most likely to be within the narrow range for the entire week as results start pouring in and we witness stock specific reactions.
Just DialIt has made a Bullish Harmonic Gartley today in daily time frame. As per Ichimoku it is trading at weekly support. The decline could halt here and it could see some bounce back till 650-675. View negates below 584
GrasimAt a Bearish Crab PRZ. Also as per Ichimoku Analysis at a Kumo resistance. It could retest 750. View negates above 795
Ujjivan FinancialIt is now at Bearish Harmonic Butterfly PRZ level of 316-20. As per Ichimoku study also it has resistance at 319. A reversal from here could give a dip till 290. View would be negated above 327
TCSIt is trading near daily Kumo near a Bullish Harmonic Shark and Bullish AB=CD. A bounce back to Kijun at 2220 and more towards 2275 could be possible. View negates below 2120.
MRF - Bearish Harmonic GartleyIt has reversed from a bearish Gartley PRZ in daily time frame. As per Ichimoku study a retest of Kijun/Kumo appears possible which coincides with the Harmonic Trading Pattern retrace expectations (56000-55500). The view would go wrong if it sustains above 58900 on closing basis.
