Triple bottom pattern formed Pin bar candlestick indicates buyer interest Targets and Stop loss mentioned One can take future position for Oct'17
Descending triangle formation Script has reached 0.618 fibonacci level. Volumes has contracted Stock may not touch 4300 level by Sep'17 expiry. One may short 4300 Sep17
- Bearish harami candle formation after rally indicates exhaustion of buying - Stock has also reached Fibonacci 1.618 level from previous low. - Resistance Level 1 reached - Theta Decay advantage can be taken - One can short Resistance Level 2. - 430 CE available at 4.55 (lot qty 2000)
Script has made triple top formation Candle stick pattern indicate indicates correction One can short 660 CE with stop loss as mentioned
DLF Trend and Pattern analysis Immediate Resistance at 198 Next support at 175 One can short 200CE for Sep'17 expiry. Risk trade setup as DLF is high beta stock
Reliance Defence Harmonics Bat Formation - 15mins time frame
Federal Bank Double Top Formation
Arvind Mills in consolidation stage. Results expected on 4th Aug.