Bull-Club

Bull-Club Updated 

Small quantities may be added now with next addition levels at 495 & 525

Bull-Club Updated 

Disjoint channel formation. Almost creating inverted flag & pole formation. However, no position can be taken unless the channel break on either side.

Bull-Club

Approaching resistance, better risk-reward on short side

Bull-Club

Following a disjoint channel on daily with the added resistance of gap, might just reverse from here

Bull-Club

While the initial risk-reward is not very favorable 430-440 SL with 540 targets. If the 540 levels are sustained 600 could be a direct run.

Bull-Club

Based on the recent rising channel, it may be a bad risk-reward ratio, unless we enter the upper channel. Based on the weekly chart bias, we may find resistance between 50-55

Bull-Club

While the momentum is upwards, risk-reward probably isn't that great. Should probably wait for a better entry near the bottom line slanting upwards or positional long term buy above 26 levels. RSI divergence is also visible.

Bull-Club

Tremendous volume in the last few days. The last close was at the resistance. Close above 72 on a 75 min scale should indicate a move to the next levels. Divergence with RSI also indicates a potential upside.

Bull-Club Updated 

Looks like a buy only above 90 but even then there are too many obstacles.

Bull-Club Updated 

Closed above the gap after 2 attempts, can be a good long with SL around 185 level.

Bull-Club Updated 

Probably a good buy above 365, keep an eye

Bull-Club Updated 

While it appears that HDFCBANK is in a rising wedge pattern, it is important to note the volume during its fall from the peak and the volume after the recent low. This might very well be distribution preparing for a further fall. I would personally want to be very safe in longs and definitely not add any new longs before we a see a price settled above 1000.

Bull-Club Updated 

HCL has recovered most of the fall from the ATH and with good volumes. Could be a candidate for a further move back to near ATH levels to begin with SL at the slanting line

Bull-Club Updated 

Wait until we get out of the triangle for any fresh trades

Bull-Club Updated 

Increasing volume during the fall, expected. Sustained volume after that in a disjointed channel. Accumulation or distribution? Let's wait for the channel to break. Personally I have a short bias in general for banks but maintaining discipline is important, so any new trade only outside the channel.

Bull-Club Updated 

Britannia's 52 week high is near 3600 levels but it might be worth entering near 3350 levels, above 3600 it could be a medium-long term hold.

Bull-Club

When most charts were crashing, Nestle was one of the few that were making new highs. In the current scenario, it looks like a flag and pole on daily and cup & handle formation on 75. Wait for cup & handle to give breakout for even newer highs!

Bull-Club

Avoid fresh longs before 6200. Until then it is short to range bound.