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 )
LUPIN: 20DEMA Golden crossover above 50/100/200 in hourly chart and Flag formation in Hourly chart suggests a likely breakout if ir manages to sustain 1640 levels for a target of 1660+
GIFT NIFTY:Has formed a flag pattern in 15M/30M Chart and as per the pattern expect a 100 point move towards 22750+(For educational purpose only)
ENGINEERS INDIA : Has formed a nice inv Head & shoulder pattern in daily chart.Holding above 240 foresee a target of 260+ in the near future as per the pattern(For educational purpose only)
BNIFTY: After threating to fall all the major supports,BNIFTY bounced back sharply and managed to give a close above its 25DEMA. Positive DEMA Cross over in 5Min/15 Min charts once again gives a hint on a possible rally n bank nifty.If it mmanages to sustain at 47500 levels the next level of resistances are R1 47800 2.R2: 48000-48100 .R3 48400-500.Between...
GIFT NIFTY: Likely to breach trend line resistance and if it breaches 22200 chances are higher for testing 22300 + soon(For educational purpose only)
JSW STEEL:Has formed a double bpttom and positive DEMA Crossover suggests a move towards 870+(For educational purpose only)
SOLARA ACTIVE PHARMA : 20 DEMA Crossover above 50DEMA Crossover Stochastic RSI above 50 in weekly suggests if it holds 550 shall expect 600-630(For educational purpose only)
Hi all, Are you aware you will be able to do charting for options also-a new feature incorporated now. BANK NIFTY 47800CE -DEMA Cross over in 5 min chart and likely cross over n 15 min chart indicates buy at 330-340 levels likely to test 400-450+ may try with strict SL as per your risk appetite (For educational purpose only)
BNIFTY : As told earlier took long call at 47150-its 50DEMA for a target of 47500-600+ with a SL of 47100(For educational purpose only)
BNIFTY:Entire market is bleeding,BNIFTY failing to hold 46600 on a closing basis would trigger fresh sell off by another 500+ points. For me any raise till BNIFTY convincingly holds 47100 its likely to be sell on raise.for me any long trade only when BNIFTY holds above 47100 its 50DEMA(For educational purpose only)
NIFTY: Formeda long bearish candle and in the process broke its 20DEMA & 50 DEMA.now NIFTY has its major support at 50DEMA which falls at 22100-150 .any drift below the 22100 levels likely to trigger another 300+ point fall.trade cautiously with levels. for me any pull bk till nifty trades above 22300 levels(for educational purpose only)
IRCTC: Buy recommendation was given at 760 levels itself. now at 1065 has formed a bullish flag pattern. sustaining at 1065 levels expect a move towards 1100+(For educational purpose only)
NIFTY: Though GIFT NIFTY indicates a gap down opening it looks chartically stronger and trading above all its DEMAs viz 10,20,50,100. I see support coming at 22600-22680 levels. Stornger pit writing at 22500-700 also substantiates the views. i will be a buyer on dips and bounce from 22600 levels(For educational purpose only)
MARICO-Has formed a nice Flag pattern in hrly charts.Going by the pattern the next target would be 540+(For educational purpose only)
BNIFTY :As suggested earlier BNIFTY clocked 48000 from the suggested entry levels of 47100.facing res at around 47924-48000.once breaches expect another 500+ pont rally(For educational purpose only)
HINDUNILVR: Positive DEMA Cross over in hrly chart suggests Hindunilvr upon sustaining 2280 levels likely to test its immediate resistance levels of 2300-2320 shortly(for educational purpose only)
BNIFTY:After a reasonable period of consolidation has started to show the signs of bounce back -as confirmed by Golden DEMA Crossover and Flag pattern formation in Hourly chart. Moreover in daily chart also its trading above all its DEMA Viz 20/50/100.I will be a buyer on BNIFTY and on dips till 46950-900 Zone for a positional Target of 47250/350/500 and trail for...