CIPLA, footprint.If you get a chance to enter 550 below and lower low, it's great to buy.
We have found tail on control price.
We need a big spike on this stock for move 565-567.
We are seeing more excess at value low which indicates that, can break downward. This is a red flag.
Different of -ve and +ve points, CIPLA is good at 547-550 with strictly stop loss.
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NSE-INDIA
If nothing is wrong, then BANKNIFTY can get PULLBACK.
The Gap seen in downward.
The blue channel is performing.
The price is too far from GRAVITATING price.
Previous support can perform as a hope.
If nothing is wrong, then BANKNIFTY can get pullback near the value low of blue channel OR from last hope .
INFY, price overlapping seen in it.Our last research was INFY achieved the target, click here .
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Closely analyzed about price overlap . Buying really good as per last overlapped and close with higher of closed from a prior high of the candle. Its indicate that you may see a spike on it which mean big move in price.
I don't recommend to buy below 728 .
If you are buying this stock, then exit at your suitable price for profit .
Term of Overlapping: Buyers are fearing to take a long position, that why we see price overlapping with low volume. any side breakout in the price possible big because fear will go.
ICICI Bank - White Swan - HarmonicsICICI Bank is forming a bullish white swan on the 30 min charts, and is expected to hit 352, before bouncing off to 370+
A good options trade can be taken on this basis, on the Jan'19 series.
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Kindly consult your advisor before taking any decisions. We teach, and practice what we teach ;)
NIITECH levels for tomorrowTrade in the zones .. know the price action supports and resistance for the stocks tomorrow.
Oil India - Ready for rallyAn inversely related stock price action to index has witnessed a strong rally of ~40% since March 2016. After a small pause (consolidation), the price are showing sign of breakout. Looking at the RSI (Relative Strength Index), the breakout from falling trendline and bullish crossover on MACD indicates price is ready for the rally towards 460-500.
ApolloTyre Buy Setup!!ApolloTyre is giving a Buying Opportunity with a Short Term Target of around 204 levels. One can keep stoploss around 178 levels for the long positions. This move can possibly extend and go higher but I am giving short term targets keeping the current wave setup as a correction. Any inputs are welcome..
Cadilahc more Downside to come!!Cadilahc has more downside to come before going higher. Wave A and Wave B are completed and Expecting Wave C/3 to go atleast around 270 Levels on the down side to complete the correction.
Happy Trading!!
HCLTECH Potential Buy Setup!!HCLTECH is giving a potential Buy Setup!! The Zig Zag Correction seems to be over with today's low made around 730 levels. I would expect the stock to go higher from here and breakout of the corrective channel that it has been in from long time. My stoploss is around 725 levels and First Targets around 950 level and above.
Happy Trading!!
Nifty Flag Pattern!! Potential Buying Opportunity Coming Up!!Nifty is making a Flag Pattern which is coming near the lower trendline with MACD Divergence.. I would expect the price to go higher from there which gives a potential buying opportunity.. If it break the Flag upper trendline line then My Markets are at the all time highs around 9120. However, if it continues to go lower then I would wait to see what pattern is being formed before taking long positions..
Happy Trading!!
AbirlaNuvo Breaking Down?AbirlaNuvo is potentially breaking down and would go lower for target of around 1250.