HINDUSTAN ZINC as per daily chart analysis the stock has broken the consolidation and tested the resistance level 369 for a short retracement and above 370 level for a target 390.
If Nifty cross 17625 there is a retracement expected according to ABCD pattern. It will reached the target of 18400 . that is my futuristic idea based of 'If' case. Trade carefully. Happy Trading.
BandhanBank after momentum now consolidating with falling wedge pattern and trading above its 50% fibo retracement levels. Showing a good bet for targets of 345-360 with a downside risk of 314 & 310. wait for breakout..
Nifty 50 chya kadachit retracement / retest / pullback hotil aashya levels. Swatahacha Analysis Uttam Analysis.
In past 6 working days MOTHERSUMI almost gained 30%. Now expect a good retracement. If MOTHERSUMI giving a gap up opening tomorrow, can expect a high volume of profit booking and obviously scalpers will also comes to market for shorting. That's why am expecting a high retracement !!!!
If ITC closes below 231 it will form a bearish engulfing candle. Then we can see a retracement and bounce back from 220 levels.
Asian paints loosing its bullish momentum. Now expect a high retracement on upcoming days. Positional traders book profits on next highs or strictly trial profits. Want to take ptofits in retracement, follow us and the proper point where the market starts retracement for paid members only. Now wait and watch:-)
retracement 0.5 tested, cross above that can see 115 on chart oscillators support possible for rally overall market support possible for rally entry on close above 97.5 with stop as comfort for target 115 + disclaimer - for study purpose only.
CMP - 464.45 Targets - 435/415/400 Stop loss - 490
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Technical: 1) Chart Pattern : Double Bottom Reversal Level : 1180 2) Retracement Calculation *1st Calculation* A: 1727 B: 1116 Retracement Level 1.618 Target : 2100 Completed Trade Closed. *2nd Calculation* A: 2141 B: 1121 Retracement Level 1.618 Target : 2771.
Sunpharma trading in downward channel. Wedge pattern+ demand level+ Fib cluster... What else we need. buy level: 480-530 SL: 450 targets: just trail..ride the move