One can buy BIOCON for a target of 50% fib level . I think tomorrow we will have a great upside on this stock as we can see a great buying activity on Friday but FIIs I assume tommorow we may ride up and this stock can give us some good bucks . Perfect breakout after a long downside with volume. Follow I like my analysis !! One tip for tomorrow you can also buy...
ASHOk LEYLAND NSE : LONG Formation Accumulate : 90 , 95 Upside T : 100, 107 ,114 , 118
TCS is taking support at its short term swing high, also the trend is up and the trend line is also acting as a support. But if it breaks 2065, the next supports are 2010 and 1980. Until then its a long for short term. The volumes are also decreasing which indicates that the pullback is not strong. Favourable exit polls also suggest the market will perform better...
It has recently witnessed a false breakout posing a short opportunity.
Bel - Regular Bearish Divergence near Resistance. Have a look at the chart.
BUY ESCORTS BETWEEN 550 TO 580 SL 525 TARGET 700, 850, 1000+
The blue area indicates the weekly demand and supply zone whereas the green area indicates the daily demand and supply zone. As we can see the prices went up with less volume but when it came down, the volume increased. So there is a shot bias.
Everything mentioned in the chart.
This is small channel that is not reliably in a bigger channel's comparing, yet value high " DOJI " is important to short this stock.
There is a divergence between nifty and bank nifty. Similar divergence appeared in nov 2010, at that time nifty retraced back to 38% to 50% zone of it previous trend. Similar behavior is likely is current situation.
Britannia industries has finally broken out its months of triangle consolidation. It appears to have broken this out on the SHORT SIDE. After a confirmation of the breakout, its going to be a nice and SHORT ride :)
DCB Bank failure breakout happened. Volume is less after tried to breakout with high volume.