INOX Green : Flag pattern in daily chart indicates a Target of 200+(For educational purpose only)
TITAN: Price volume action and 20DEMA Golden cross over above 50/100/200 DEMAs in hourly charts suggests a move towards 3500+-Shall consider buying above 3450(For educational purpose only)
PARA CABLES: Has formed a nice triple bottom neckline formation.Morever in dailcy chart we can see 20DEMA Golder cross over against 50/100/200 -Suggests a break out towards on holding above its neckline resistance at 85,as per the pattern the target is likely to be around 95-100(For educational purpose only)
GIFT NIFTY : Has given 20 DEMA Vs 50 DEMA Cross over in 30 Min chart,showing momentum and going by it if holds 24450 expect it to fill the bullish gap extending upto 24600(For educational purpose only)
CRUDE: Trading closer to its major support zone of 6000,breahing 6000 on closing basis likely to trigger further downfall towards 5500,close below 5500 willlead to free fall,on the contrary close above 7000 likely to arrest the down fall and will attempt at 7300+(for eduxcational purpose only)
GOLD FUTURE: Close above 70,000 Likely to trigger a rally towards 70500 + whereas its 200DEMA at 67400 likely to act as a major support.All its DEMA s lie at around 70,000/70500/71000. verdict: close above 70,000 upward rally is likely to continue close below 69400-500 its 200 DEMA Support sharp fall is on the cards towards 65000. trade with levels and pl do not...
Laurus Labs: Has formed a flag pattern in 2 hrly chart which indicates possibility for a breakout after a brief consolidation.If holds 450 as per the pattern expect it to test 475+(For educational purpose only)
KANSAI NEROLAC: Trading above its 20/50100/200 DEMA,Price volume action suggests its likely to breach its trend line resistance at 300.If holds 300 levels expect it to test 315+(for educational purpose only)
LAMBODHARA TEXTILES :Has formed Cup &Saucer pattern in weekly chart.About to break trend line resistance in weekly chart and looks stronger.Based on the pattern liely to test 200-215(For educational purpose only)
Long bearish candle and trading below its 20DEMA of 52050,Next major support lies at 50900 its 50DEMA,Till BNIFTY gives a close above 52000 expect sell on rise.If breaches 50900 on closing basis expect more fall towards 49500(For educational purpose only)
SONATA: Has a bullish gap which remains to be filled from 580-620,sustaining at 580 levels i will target T1:600-620 T2:620-650 T3:650-700 with a SL of 550(For educational purpose only)
BNIFTY : As per 30 min chart exactly lies between its immediate resistance and support zone-which is a no trade zone for me. Would be a buyer above 52700 as the index will make an attempt the BULLISH Gap stretching upto 53000,would be a seller if it breaches 52400 for a tgt of 52000 as it will make an attempt to fill the bearish gap extending upto 52000for...
NATURAL GAS:Has sucessfully breached its horizontal trend line resistence.likely EMA Cross over suggests a move towards 202-205 with 197 SL(For educational purpose only)
INDUSIND: At 1535 has started to show signs of 10/20DEMA Crossover above 200DEMA in daily chart. Prefer to go long for a positional target of 1570+(for educational purpose only)
TILAK NAGAR :Volume,price move alongwith DEMA Positive cross over suggests likely break out above 250 towards 260-280 band.Stoch.RSI at around 60 also suggests scope for an upward journey(For educational purpose only)
NIFTY : Witnessed one of its worst day tanking 1000+ points. IND VIX which is hovering a round 26 is also threating to give a breakout towards 30-36-not a good sign for trade as volatility and swing on both sides is expected to be wild. NIFTY which is at 21800 will act as a critical support, close below 21800 likely to drag it towards 21500 whereas 21200 will act...
BNIFTY : Breached short term DEMAs.has its 50DEMA falling at 47000-47050 as the major support,breaching this level expect 500+ points fall(for educational purpose only)
BNIFTY:Witnessed a side way move without any clear direction.Based on 15Min chart i will be a buyer if it breaches and holds at 49050 for a Target of 49250-350 followed by 49490 .support lies at 48700-800. will watch out for Positive DEMA Cross over in 15Min chart also(For educational purpose only )