The stock is at a major support zone:-
--> Taking support of the rising price channel
--> Taking support of the Ichimoku Cloud
--> Near the previous high
--> Retesting the 50-day Moving Average
Target: 365-375
Stoploss: 310
In HARMONIC Pattern Bullish BAT in Progress. PRZ: @ 209.44
Presenting Combination of Heikin Ashi & Icimoku.
Price entering in ICHIMOKU Cloud as Well as HEIKIN ASHI candle shows Trend reversal.
ATR Nearer to 6 Months LOW, also Positive for Trend Change.
Some important levels to watch:
TGTs for Levels (Swing Trade): @ 265.30, @ 269.6, @ 272.70
TGTs for Levels (Short...
In HARMONIC Pattern Bullish BAT in Progress. PRZ: @ 209.44
Presenting Combination of Heikin Ashi & Icimoku.
Price entering in ICHIMOKU Cloud as Well as HEIKIN ASHI candle shows Trend reversal.
ATR Nearer to 6 Months LOW, also Positive for Trend Change.
Some important levels to watch:
TGTs for Levels (Swing Trade): @ 265.30, @ 269.6, @ 272.70
TGTs for Levels (Short...
On the INFY Chart, Price have broken out the cloud; while Tenken and Kijun do not provide any clue on the trend or momentum. Looking at the chart, reading it along with Chikou (still negative); we can be in for a set of mixed bag of results for INFY tomorrow morning. It's better to avoid any position for this quarterly result.
zeel is in multi year up trend .in the past it corrected and bounce from its weekly cloud.as per me investor should start accumulate on declines.as price is in disequilibrium may start shortly to find equilibrium till 510 (bounce till 505-10 can be expected)
according to SCOTT HENRY in XABCD pattern,when prices moves from C point to D bat action magnet move is seen.....when price crosses B point they get attracted towords D point like magnet....so sell Bank of Baroda below B point means @ 156 with targets of 141....
when prices reaches to the D point there ll be opportunity to buy @ 141 with targets of...
Higher Top Higher Bottom formation started in Sumeet Industries and it has recently came out above the ichimoku cloud so trend is clearly bullish on chart. Medium Term Target is 30
Disclaimer : The stock picks are purely a view point of individual and there is no guarantee on the returns. Hence all the visitors are requested to apply their prudence and consult...
