hindalco looks bullish in short termIn daily, hammer formed at trend line support, it should bounce from here,
sl - 235 tgt1 - 255, tgt2 - 265
Uptrend
acc looks bullish in medium term to long term.In weekly,
Price broke the overhead horizontal resistance, and sustaining above it, BB is quite bullish.
In monthly,
price is approaching towards ascending channel resistance.
sl - 1530, tgt - 2020
exide ind at support, reversal expected.in weekly, hammer formed at horizontal support
also hidden bullish divergence seen in weekly,
in daily, regular bullish divergence seen
sl - 193 tgt1 - 220, tgt2 - 250
voltas is bullish in medium term.in monthly, voltas is in wave 3.
if we check the fractals of wave 3, then we have 2 scenarios.
1st scenario - wave (iii) of of 3 going on.
2nd scenario - wave is going on. Here i considered mar - oct 2016 rise as 3 wave.
in either case, voltas got ew targets of 670+ , so every meaningful dip is a buy.
Note: this post is for educational purpose
graphite looks bullish in short termIn longer time frame it is in strong uptrend.
In daily, it is at the support of ascending channel support. It is likely to move towards the channel resistance.
sl - 248 tgt1 - 275, tgt2 - 290,
aptech looks bullish in medium termin weekly, aptech has a round bottom with high volume and closed above the neckline.
tgt1 - 440 tgt2 - 500 (pattern tgt).
bluestar looks bullish in medium term.Bluestar is in long term up trend.
In weekly, price crossed the previous swing high and closed above the upper BB. After a squeeze, BB is now starting to expand.
One should ride the trend here and gain the profit from the uptrend. sl should be below the horizontal support - 645.
tgt1 - 810 tgt2- 900.
adaniport looks bullish in short to medium term. In daily
price at ascending channel support. It can go up to channel resistance.
Also hidden bullish divergence is seen in daily.
In weekly, it is at horizontal support.
sl - 366 tgt - 420-430
hindoil explorer looks bullish in medium term double bottom formed after a long downtrend,
price broke the neckline and pattern got confirmed,
and then price retested the broken neck line and reversed
also hidden bullish divergence is seen in weekly.
sl - 65 pattern tgt - 108
Infosys looks bullish in medium to long term. In monthly,
It is at ascending channel support. So it is expected to reverse and go up towards the channel resistance.
sl - 850 tgt1 - 1250 tgt2 - 1340.
In weekly,
hammer formed at channel support it can easily bounce to touch the channel resistance @ 1010.
inox leisure looks bullish in medium termIn weekly, price at the ascending channel support.
sl - 220, 1st tgt - 300
lakshmi vilas bank looks bullish in short to medium term.It is in long term uptrend.
In weekly, price bounced from ascending channel support and previous peak.
Also price bounced from uptrend lower BB.
In daily regular bullish divergence is seen.
sl - 165, tgt - 210-220
gujarat alkali looks bullish in medium term.In longer time frame, it is in strong uptrend.
In weekly, it is bounced from the support of ascending channel. Also hidden bullish divergence is seen.
sl - below channel support - 375.
1st tgt - 470, 2nd tgt - 520.
archidply looks bullish in short to medium termLong term trend is quite bullish.
In weekly, price bounced from trend line support, also hidden bullish divergence is seen.
Also BB shows that, 20 ma has been a good support
sl - 80, 1st tgt - 117
hdfc bank looks bullish in short to medium term.In longer time frame, it is in a strong uptrend.
In daily, price at the support of ascending channel, with a sl below the channel support, one may aim for previous swing high then channel resistance.
indusind bank looks bullish in short to medium term.In longer time frame it is in strong uptrend.
In daily, hammer formed near ascending channel support.
with a sl below the channel support, one may aim for previous swing high, then channel resistance.
merck looks bullish in short - medium termlong term trend is quite bullish.
in daily - price near uptrend channel support. with a sl - 1060(below channel support) tgt - 1280, 1300
century ply looks bullish in medium term.in weekly - price bounced from uptrend channel support it can easily go to the channel resistance.
also in longer time frame, it broke out of horizontal channel with good volume,
sl - 280 1st tgt - 330, 2nd tgt - 365
COAL INDIA Ltd: Buy @CMP 245.50, SL 230, Target 320, 427Excellent 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.
cup and handle forming in cadila healthcarecup and handle forming in cadila healthcare watch for breakout.
pattern tgt 590 -
sl - 517
in weekly BB is upward and candles are showing strength.
sanofi india looks bullish in medium term. in weekly - price bounced from channel support and moving up, it can go up to the channel resistance.
sl - 4010, tgt - 4852
pvr looks bullish in medium termin weekly, pvr bounced from uptrend channel support and horizontal support.
sl - 1286, 1st tgt - 1643, 2nd tgt - 1780
