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...
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.
My suggests is Page Industries Ltd Buy shares at the target price of 28850.0. Page Industries Ltd. . The current market price of rupees is 23579.1. Market Expert has fixed its period of 1 year, when Page Industries Ltd The price can reach its set target.
For the end quarter 31-12-2018, the report sold by the company is standalone - Rs 738.32 crores, 6.89% up, last...
Between 408 to 378 good Accumulation time with a stop loss of 363 for initial target of 450.
Looking at Dabur char in comming months we can see this stock to trade with bottom between 450 to 480 except for any odds (for upside actually don't want to do guess work)
GU has been in a daily correction since August,2018.
Based on EW count it has been making a flat correction and now C leg of that flat is about to be completed.
Based on price action I'm still anticipating one more move UP to break previous high and then make its way down.
An interesting observation on a multi year chart
- we are looking at 13 year time frame for ICICI Bank
- each time ICICI Bank came near the upper end of the channel it has terminated its uptrend
- interestingly ICICI Bank has tested & terminated its rally at the upper end of the channel around January time on all the 3 previous occasions...