NSE:BANKNIFTY formed Evening Star(Bearish pattern) pattern on Daily TF . Entry : 45384.60 Target : 44300 SL : 46350 RR : 1.1
NSE:SBILIFE formed an evening star after an uptrend. Entry : 1334.2 Target : 1271 SL : 1395 RR : 1
NSE:HINDALCO formed Negative RSI Divergence and Bearish Marubozu on Higher high with RSI creating Lower High on Daily TF. Entry : 484.50 Target : 464/448 SL : 510 RR : 0.8/1.4 (2nd target for better Risk Reward Ratio)
NSE:MCX Multi Commodity Exchange of India Ltd is a commodity exchange based in India. It was established in 2003 by the Government of India and is currently based in Mumbai. It is India's largest commodity derivatives exchange. MCX formed shooting star at daily timeframe (and gave closing below it) on resistance of parallel channel. Entry : 1796 Target :...
NSE:PEL Entry : 1045 Target : 985/950 SL : 1142 RR : 0.65/1
NSE:CUB formed Bearish Marubozu on Daily TF and gave closing below it. Entry : 129.25 Target : 121.55 SL : 137 RR : 1
Nuvoco formed beautiful trendline. Above 387 Good for long
NSE:DLF formed Evening Star pattern and Double Top in Daily TF. Entry : 516.90 Target : 582 SL : 545 RR : 1.2
Nifty after managing to float above 20k mark for a few days, has finally broken the support. Will Is the short term top in place or will we see Nifty reclaiming back 20 K ??? F&O data insights Index Futures Retail traders added 8332 Long Contracts and squared off 13492 Short Contracts FIIs squared off 30419 Long Contracts and squared off 5337 Short...
NSE:TVSMOTOR TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India in terms of revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles. TVSMotor formed Bearish engulfing candlestick pattern after an...
NSE:LT Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai & Technical services, headquartered in Chennai. LT forms Shooting Star after an uptrend and gave closing below...
following through flag n pole in descending channel past 1 year
The stock is already in a bullish movement from 525 price. Still their is a change for a small target. CMP -665 we can enter at this price for a Target price of 705.
Trendline Breakdown. Retest at trendline. Weakness observed.
Consolidation at Top. Breakdown is witnessed. Disjoint Channel spotted. Lower High Lower Low formation
NSE:ACC ACC Limited (Formerly The Associated Cement Companies Limited) an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936. ACC...
19480-19460 played a vital role in Aug series and so did 19385 in the last 2 trading days. Directional trade can be taken once Nifty decisively breaks 21 day EMA or 50 day EMA. A few days back when Nifty closed below 50 day EMA, it bounced back immediately. Now again Nifty has broken the 50 day EMA on Expiry day. Is this a knee jerk reaction or is the...
For most part of the August month, Nifty has been trading between 21 day EMA and 50 day EMA - the monthly average for Nifty Futures is around 19490 Nifty likely to open gap up. However one needs to watch out for 19389-19424 zone If after gap up, Nifty sees rejection in this zone and falls below 19385, then pullback rally may be considered to be over and we...