CSB68

CSB68 Updated 

LAURUS LABS:10DEMA Crossover above 20/50/100/200dema alongwith rounding bottom pattern b/out suggests possibility for a b/out.If Laurus sustains above 400 its neckline b/out levels likely to test 420 band (for educational purpose only)

CSB68 Updated 

Reliance Power: Consolidated from 23 levels to 11.While forming the Cup pattern the fall in volume was not drastic whereas while forming the saucer pattern spurt in volume was visibe. If it sustains above neckline breakout at 22-25 levels is not ruled out taking the stock to 30+ zone. (for Educational Purpose only)

CSB68

UFO MOVIEZ :Has formed Inv Head & shoulder pattern. If sustains above 125-30 likely to test 150(Foe educational purpose only)

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MAHINDRA LIFE SPACE: Has formed a C&S Pattern in weekly chart.If sustains above 570 likely to test 600/630 levels.(For Educational purpose only)

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NIFTY: Trying to stay at its crucial support level of 21500.close below 21500 likely to weaken NIFTY and drag it towards 21300 zone

CSB68 Updated 

DIVIS LAB:Has consolidated and is showing signs of breakout above itsneckline at 3900.It has formed IHS Pattern n weekly chart,if holds above 3900 on closing basis huge n/out towards 4000+ is likely(For educational purpose only)

CSB68 Updated 

BALRAMPURCHINI:After a reasonable consolidation has bounced bk and in the process formed a rounding bottom pattern.Sustaining above 415 levels as per the pattern likely to test 430+(For educational purpose only)

CSB68 Updated 

BNIFTY:We need to keep an eye on 47500-450 on a closing basis.below this level there exists a bearish gap upto 47000

CSB68

NIFTY: Pre open level indicates NIFTY at its crucial support levels of 20965 .Next major support lies at 20800.Unless NIFTY gives a close above 21050 (closing basis) ,more fall is on the cards below 20800 towards 20500

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India Cements: Able to witness multiple b/out patterns viz Triple bottom,Cup & saucer and a likely Flag pattern in weekly chart .suggests huge move is on the cards.If holds above 270 likely to test 300-330 band in a while as per the pattern formation(For educational purpose only)

CSB68 Updated 

IRCTC has formed IHS Pattern in daily chart.Increase in volume suggests a likely IHS Pattern break out. Sustaining above its neckline levels of 760 likely to test 800 followed by 850-positional target.

CSB68 Updated 

SBIN: Banknifty's kingpin seems to be at the right spot to go long.SBIN for a while has been hovering around 610-580.Seems the DEMA Crossover suggests its on its way to provide a range break out at 600.Sustaining at 600+ levels likely to take the stock towards 650-700 range in 6-12 months period is one of my fav pick. (For educational purose on;y) Happy Trading...

CSB68 Updated 

WIPRO:Golden Cross over 10DEMA Above all DEMA with strong volume suggests a likely b/out towards 450(Only for Educational purpose)

CSB68 Updated 

BANK NIFTY: Bank nifty after a bullish run took a pause today. Major support levels :46700-750-Close below 46750 would make an attempt to fill the bearish gap upto 46500. 47000-47100/47270 acts as the resistance. Sustaining above 47300 -as per the Triangle pattern formed in lower time frame charts would make an attempt towards 47800-48000. Those who are...

CSB68

INFY: After a brief period of consolidation has formed C&S Pattern that too in weekly chart indicates huge breakout is on the cards.Infy sustaining above its neckline breakout level of 1500 likely to test 1600+(For educational purpose only)

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NIFTY: Forming higher highs in long term chart and travelling in uncharted teritory. Whether to book profits or ride thru the bullish ride? 1.NIFTY has formed a Hammer pattern in daily chart-sign of some fatigue 2.Major supports: 20864 followed by 20715 STRATEGY: If already carrying long position trail SL keeping todays low of around 20864 as SL for a positional...

CSB68 Updated 

JUBILANT FOOD: 10DEMA Golden crossover happened at 512 and also formed a rounding bottom pattern in daily chart.Higher volumes,Golden cross over ,rounding pattern suggests a move towards 575-600.(For educational purpose only)

CSB68

SGX NIFTY: Double bottom neckline breakout at 18600 suggest its on its course towards 16900. can we expect the similar aftereffects n nifty too?