After more than 61.8% Retracement it is showing consolidation on the weekly chart.
This is a good time for long term investors with small stoploss at Support.
A breakout will take it upward.
DISCLAIMER: I AM NOT SEBI REGISTERED. CHART BEING UPLOADED FOR EDUCATIONAL AND STUDY PURPOSE ONLY.
Off-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (22-Mar-2018) will be super "RED" candle for NSE:HCLTECH.
Short Below: ...
880 is a golden zone for this stocks. It's holding strong fort at that levels.. Sitting on the neck line of support tomorrow market opening will drive this stocks upside or down. I'm expecting Nifty to be Flat to down side you can look at this stock testing around 890-893 levels.
Biocon is not holding fort after the recent big fall.. 591 seems to be a good buy for Swing as well. Keep it on your radar 591 to 570 is good to add with SL of 550 for mid term to long term hold.
Jindal Steel Looks very strong on the weekly chart.
Consolidating at the moment and also near bottom area of consolidation.
If there is a bullish breakout then it will complete the handle of Cup & Handle Formation at 294.
And above 294 the momentum of Cup & Handle breakout will push its price to 350-380 region.
DISCLAIMER: I AM NOT SEBI REGISTERED. CHART ...
KEI Industries (BSE: 517569 | NSE: KEI) changed course after nearing INR 500 Levels kei share price reached all time high of INR 495. There is selling seen in the counter and chances are there for correction, the share has not corrected since the beginning of multi bagger rally.
https://goo.gl/VCXGJB
SBI indicating positive opening for Monday.. if it's a gap up above 267.5 and moves up strong above 268 it can test Friday high levels again.
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Biocon consistently making higher lows on closing after it bottomed out at 612 levels. If nifty moves down tomorrow on opening you can expect correction from these levels on account of profit booking.
Based on my PredictiveSystem's signals, today (08-May) its going to be a GREEN candle for NSE:CANBK
Buy above: 263.6
Target-1: 265.3
Target-2: 266.6
Target-3: 267.8
Stop loss: 261.1
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research ...
