NIFTY in consolidation after hitting high near channel top 18115 down side 17700---17800 is the support zone based on following analysis: support : 20 ema : 17750 critical trend line (white) support near 17740 gap to fill support : 17688 note : LRHR (Low risk high reward opportunity ) will be finding selling opportunity near channel top and finding buy on dip...
you can buy tata power its a good fundametally strong stock and currently on discoud for long term
TIINDIA can be bought as it has been consolidating for a large period and there is a breakout nearing Aggressive Entry: can be bought Defensive Entry:wait for the all-time high to be broken
Asian Paint has crucial Fibo 0.5 resistance at 1255. Can be shorted below 1255 for 1240-1230-1220. Also in case the share bounces from the resistance of 1255. Look to short around 1275. Please consider the following reasons : 1. Trend Line 2. Bearish candle on Daily Chart 3. Double Top Formation 4. Poor market sentiment
sun pharma breaks its important trend line 1 around 540 levels, next support is around 500 levels. I hope it wont breaks this 500 level ..if ot breaks this important support level then worst is coming it may test 460 level