As per long term prospectus Nifty chart showing long term break out and according to my view long term target is 11000.. Head and Shoulder pattern and Triangle breakout can seen on the chart..Kindly share your view as well..Thanks
Very close to long term trendline which has been respected twice. RSI would be oversold by next week.
Nifty reversed after touching the resistance level trendline. RSI at its higher end. Formed a Bearish Engulfing pattern today. Per derivative data, we can see unwinding in 10500,10600 and 10700 puts indicating exits by put writters.
It has been observed that Bank of India is near its support zone where it has recently taken support several times. Also, RSI is approaching its support level. Reversal from these levels shall take it to 185. SL - 166
Gail looks good.. made hammer on bottom..I will go for long with target 1- 425, target 2 - 430 with SL 400
After 4 try..Adani port finally break out for 350 Target..SL 335
NTPC is in long run bullish !! now after consolidation and correction is ready to move for upside !!
On daily chart pidilite is making reverse head and shoulders pattern. It is on the verge of giving break out. As soon as we get breakout, can go long. Expected breakout at 725 level, then can go target of 750 & 780.
Respecting downward trendline. RSI reversed.
Tripple top formation around 200. Breakdown has happened below 190 levels. Sell with first target of 180.
Short ICICI bank target 270 stoploss 278 if opens high, good chance for short trade
As already broken the resistance zone, now it's trading above. Gotta buying set up. Buy State bank of India Target Rs. 295 stoploss Rs. 287
Escorts broken the flag pattern, now it may head down. Short trade setup - Target 500 - Stop loss 529
-Dish tv monthly chart indicates good signs ahead -RSI giving a TL breakout -Feb month with relatively low trading days have a good bullish candlestick, is this a sign of bullishness?
crossed long term resistence with better volumes
techncially looking good cmp :- 22600 for a tgt of 32000 sl of 20600
resistence crossover seems to be strong for next move