NSE:RELIANCE Short if sustains below 1423. If goes upside instead of downside, wait for it to sustain over 1430. If sustains under 1423, will expect till 1410. If goes upside, 1440-1441 will be next hurdle.
NSE:ICICIBANK ICICI Bank has touched the upper line of the channel and forming (in process) bearish candles. This may lead stock correction towards 453-457 level. May create Short around 487 level with SLTP around 500.
NSE:ASHOKLEY HEAD & SHOULDERS PATTERN IN ASHOK LEYLAND 75-80 IS THE IMMEDIATE SUPPORT ZONE. IF SUSTAINS ABOVE 80 IN NOVEMBER THEN WE CAN SAY THAT THE TREND HAS CHANGED IN LONG TERM. OTHERWISE THE RALLY SHOULD CONTINUE DOWNWARDS. BEARISH DIVERGENCE OVER PAST FEW DAYS NOW. SO THAT WILL HELP TOO. IF IT SUSTAINS BELOW 75 OR OPENS GAP DOWN IN NEXT...
CDSL - CENTRAL DEPOSITORY SERVICES LTD. CMP : 234. BUY ONLY IF SUSTAINS ABOVE 250. CAN TAKE SHORT POSITION WITH 250 SL INTRADAY BASIS. CDSL COULD DRIFT LOWER TO 160-180 OR MUCH LOWER, IF 250 NOT TAKEN OUT IN COMING SESSIONS. TRADE CAUTIOUSLY. BETTER BOOK SOME PROFIT AND WAIT FOR 250 TO CROSS FOR FRESH POSITIONS.
Dozi on resistance Short set up Shark pattern
IF YOU KNOW HOW YOU HEDGE THIS POSITION PLS JOINT OUR TELEGRAM GROUP.... ITS FORM POSITIVE DIVERGENCE AND BREAK LONG TERM RESISTANCE TREND LINE PRICE & RSI. CLOSED ABOVE 50 DMA WITH VOLUME,
S.L 120 BELOW TARGET - 170,190.
Divergence makes for a short- setup, expecting it to go down
EXPECTING a turnaround to the support once it breaches the triangle, short sell
Short setup formed RSI not supporting the upmmove good short opportunity
The scrip has recently touched resistance and is expected to go down soon
SIEMENS (Siemens Ltd) SELL BELOW 1619
INDIGO (Interglobe Aviation Ltd) SELL BELOW 1641