NIFTY seems to be following in Channel as shown in Chart, Similarly if you see on RSI similar to trading range there is expanding triangle and recent fall was with higher velocity which brought RSI to over sold zone. So I believe there will be this final up trend rally in NIFTY before we can witness a healthy correction. This Rally should also be as swift as the...
HMVL looks like formed a butterfly harmonic pattern. can test 280 SL below 256.
NSE:NIFTY ABCD pattern observed in 30 mins nifty chart one many short with SL 1020 T1 9920 T2 9850 9790 feel free to comment
NSE:HDFC HDFC channel tend neutral view feel free to comment have a good day
one may go long please feel free to comment and follow
INFY- Right at support of up trending channel... let see gonna make it or break it
Excellent bottom fishing opportunity in Coal India Ltd. Its trading near IPO Rate( Rs 0.29% .245). This zone is major support point( Analyze coal India's behavior during Aug 2013 0.25% to Feb 2014). Nearly 2cr quantity traded on major reversal day(17 Aug 2017) which was highest since Feb 2015. All in all excellent risk reward zone to initiate the trade.
NIFTY has taken support from 61.8% fib retracement which is good sign for BULLS. All set to go for a new high :)
Looks good on daily time frame. SL 2440 CB. May test 2650-2800
Last Time, we had discussed above PVR when it was 1300 levels for target 1400 & 1450 and 1500. However it went upto 1445 and missed second target by just 5rs. Now, the chart looks great again and may reach 1400 & 1450 levels. Support 1250 CB.
Charts looks weak. Bearish trend might continue. All eyes on 9700. Lets hope for the best
Nifty Hourly Chart forming lower lows which shows a bearish trend. Any Close above the support with good volumes needed for the continuation of uptrend. I am still bullish on the market even the small correction happens. One should use this opportunity to get their positions at less and discounted price. This is just for Educational Purpose.
Stock is over sold. Bounced from Good Support. Seems correction is over. May soon test 140. SL 129 closing basis
I expect that the correction in Nifty is over and we may head to new highs soon. Hold 9980-9940 as closing basis SL for longs. Expecting 10300 on Nifty (SPOT Value) time frame 2 weeks to 1 month
LTC has been in correction mode for the last week or so with further down time expected towards its support at 35 USD. Its not yet clear how much of an impact a UAHF will have on LTC. Its move breaking the triangle formation will determine its semi-long term movement.
price is moving in an uptrend channel in weekly time frame. Recently morning star candlestick formed at the channel support, and price is reversing , so 1st tgt - previous swing high - 90.5, and sl - below the channel support - around 76.7 .
gail is moving in an uptrend channel in weekly, and now at channel support, also hidden bullish divergence is seen. so sl - below the channel support - 342, and 1st tgt - previous swing high - around 425