Akhil008

Akhil008 Updated 

Can short with stops above 10610.

Akhil008

In Chart.

Akhil008 Updated 

Inv. Head & Shoulder pattern seen. Target comes around 930. Higher time frame view attached below

Akhil008

In Chart.

Akhil008 Updated 

Noted in chart.

Akhil008 Updated 

930 is a very critical level for Reliance. A close in daily basis below 930 might trigger a sell off with potential supports at 908 and 875 levels. However is 930 holds and move up, there's a good chance of achieving triangle target @ 1035 levels. So, existing or new longs can have stop below 930 and look for 1035, however if closes below 930 we can initiate...

Akhil008

ICICI Bank forms Bullish flag pattern in hourly time frame. Can go long around 355 with stop below 350 with 363 as target and potentially it can move even to 400 in coming days.

Akhil008 Updated 

Inv. H&S pattern seen. 291 seems to be the potential target.

Akhil008

Inv. Head& Shoulder pattern seen. Target comes around 137.

Akhil008

SunPharma breaking out of inverted Head & Shoulder and also a major trendline is being breached.

Akhil008

Inverted Head& Shoulder pattern seen. A close above 708 would confirm the pattern from where one can initiate long position with 786 as target. 767 area could act as resistance where one can start liquidating longs. Focus on farming sector by the government could be a boost for the stock.

Akhil008 Updated 

Gujarat election is of primary importance to the market now. My personal opinion is that, Exit polls will be in favour of the BJP which might push the market up tomorrow and on Monday irrespective of the result, market will fall unless there's a huge, I mean really huge victory for the ruling party. Magnitude of the fall ?? Well, may be to 10K, below which 9700...

Akhil008

Double bottom confirmed.

Akhil008 Updated 

Certainly current scenario for BANKNIFTY doesn't look encouraging from bulls perspective. There's an island reversal pattern in daily chart which indicate we need to be very cautious to go long at least until is cracks 25700/26000. Supports are seen at around 25200, 25000 and 24600. Price of 25000 looks a pretty solid support where we could find price action...

Akhil008 Updated 

Resistance is taken out. Can go long now with stops below 1835 with target of 1870.

Akhil008 Updated 

Inverted Head& Shoulder and Bullish Flag pattern can be identified in BHEL. Stock is in very good shape to crack supply zone 93.5/94. Once this level is taken out a strong uptrend towards 100 is very much a possibility with an extension to 101.5 level, which can be considered as second target.

Akhil008 Updated 

Support approaching. Will it hold ???

Akhil008 Updated 

Arvind, to me looks good for cash buy. Stock might very well hit 500.