Balaji_82

Balaji_82

it breaks it header shoulder support level and travelling downwards.

Balaji_82 Updated 

DOWNSIDE IS VERY LIMITED, WE CAN ACCUMLATE INOX WIND AT CURRENT PRICE WITH STOP LOSS 106,

Balaji_82 Updated 

with 450 as base price VA Tech Wabag forming descending triangle pattern ....we can keep 450 as stop loss and accumulate if it breaks 450 it may fall further . but I believe it will hold 450 level and bounce back from here

Balaji_82 Updated 

we can expect a 7% up move from here, it may have the resistance around 850 levels (near its long-term support line

Balaji_82

silver has resistance around 17$, it may test

Balaji_82

Falling wedge breakout happens in Advanced enzymes, now it is at resistance 240rs.

Balaji_82

bank nifty IS STILL STRADING ABOVE ITS LONGTERM SUPPORT LEVEL, 23680, UNTIL IT TRADES ABOVE THE SUPPORT LINE AT BOTTOM, BULLISH TREND CONTINUE. WE CAN EXPECT A BOUNCE BACK TO 26540 1ST TARGET,

Balaji_82

Nifty breaks Its important support level at 10150, if this situation continues 9700 will be the next support level. there are possibilities for nifty to bounce back from this level .

Balaji_82

IDFC bank and Capital first merger talks going on. its good buy at this price level .with stop loss 632 we can accumulate this stock for every 10 capital first you get 139 shares of IDFC bank capital first = 6480*10 =6480 IDFC bank = 50*139 =6950 if you invest 6480 you can get 6950 470 as profit

Balaji_82

on sept 2017 adani port breaks it longterm support level , but it quickly recovered and climbed above its long term support level. again it breaks that long term support line on Nov 2017 , after that it tries to moves up but its fails to move above its resistance level R1. and fall down. it has good support around 376. if it fails to hold that level it may test...

Balaji_82

trendline breakout happens in HIND COPPER, with 66 as stop loss we can go long . target 1 - 80Rs target 2 - 88Rs

Balaji_82

Descending triangle Positive breakout chart pattern formed. with 144 as stop loss we can initiate a long position with the 164 as target price

Balaji_82

kelloton tech forms a rising channel or ascending channel pattern , which is a bullish pattern. the stock price moves between the two parallel lines sloping upwards. we can go long in kellton tech with stop loss of 110rs with the price target 129rs

Balaji_82

RBL bank forms Bearish Descending Triangle breakout pattern, Support 1 = 451 level , if it fails to hold that level next support at400 level. and 500 will be the immediate resistance ..it will consolidate in the range of 450 to 500 level for next few months. add in small quantities

Balaji_82

its in verge of trend line , if it fails to hold this 610 level then it may fall further .....next support at 590 ,580,550

Balaji_82

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

Balaji_82

IF TATA STEEL FAILS TO HOLD THIS 615 LEVEL on closing basis , IT WILL FALL FURTHER, next support level around 590, its about to break the rising trend line , which indicates the stock is going to enter a bear phase

Balaji_82

MERCK is in consolidation mode between the range 1610 and 1352. also we can treat 1610 as resistance level and 1352 as support level