ZEEL is forming 3rd impulsive wave. Wave 2 has taken a reversal from a 61.8% Fibonacci ratio.
If zeel is forming wave 3, we should at least get a 161.8% extension of wave 1.
Invalidation: Wave 2 can never overlap the starting point of the wave.
CIPLA which was travelling within a parallel channel had just broken out and closed higher for the day. Going long from here, one can hold for the target of 940 ranges. If anyone missed this break out, not to bother - can wait for a retest & reversal around 850 to 845 ranges and enter there. SL for this breakout shall be below 834
BANK NIFTY: WEEK-TECH-SHEET->10th June 2019 to 14th June 2019
Bank nifty moves around -890.40 pips from 10th June 2019 to 14th June 2019, in which bank nifty break last week 3rd June 2019 to 7th June 2019 bottom 30627.05.
NIFTY 50: WEEK-TECH-SHEET->06th May 2019 to 10th May 2019
Nifty 50 moves around -406 pips from 06th May 2019 to 10th May 2019, in which nifty 50 break last week 29th April 2019 to 03rd May 2019 bottom 11655.90.
NIFTY 50: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019
Nifty 50 moves around -133.40 pips from 29th April 2019 to 03rd May 2019, in which nifty 50 did not break last week 22nd April 2019 to 26th April 2019 top nor bottom.
TITAN: This stock is following the up trend and is on the support. It has a higher probability of going up by taking the support -"if not break the support" and "if breaks then it will move down". Observe the value area in the above Chart carefully.