CANBK has a double top patten (M). Trade: BUY above 313, SL: 310, T: 316/319 SELL below 308, SL: 311, T: 305/302
IDFCFIRSTB has an Evening Star Pattern at the top of an uptrend. Also the volume is decreasing. And the RSI is moving downwards from overbought region. Trade: BUY above 64, SL: 61, T: 66/68 SELL below 60, SL: 63, T: 57/55
BANOBARODA is showing an uptrend channel. Volume is ok, but RSI is downwards. Trade: BUY above 188, SL: 185, T: 192/195 SELL below 188, SL: 190, T: 185/182
After an uptrend a bearish marubozu candle with bearish momentum is seen. Most likely it will be a bearish movement. In case of continuation of trend, giving both side trades as well: Trade: Buy above 80, SL: 77.50, T: 284/286 Sell below 77.50, SL: 80, T: 82/82
NSE:BIOCON made an M pattern. But looking at the volume and the momentum, it seems the more selling will happen. But if it bounces, then buy is also possible. So both sides trade: Trade: Buy above 280, SL: 276, T: 284/286 Sell below 272, SL: 276, T: 269/266
NSE:JUBLFOOD , in hourly chart showing a clear downtrend after breaking one lower lows. Then after making a nice up move upto point 4 in the chart, it unables to break the double-bottoms (1 and 3) W patten. At that time the volume candle was high. So it actually reinforces the downtrend. Lets wait for it to break down the price corresponds to point #3 in the...
Logic: Symmetrical Triangle (Pandant pattern breakout) Trade: Sell below 123, SL: 125. T: ~119.
Sell Berger Paint On Rise To 692-698 SL - 721 (DCB) Target - 625/595
Hi traders, In morning one of my followers who is long in axis bank and new trader , asked about my view. That time i replied on basis of bnf chart rather than axis bank. So I was worried for his capital ,therefore , spend hrs to analyze this chat for you and all who are trading long or going to invest in this bank. Please see carefully. 1....