Sun Pharma has double top at Day Chart @ 467. The volume is High @ A Compared to B. Hence it hold as strong resistance. If Price has breakout below 420 with good volume we can short the script with Target as below: Trg 1 - 400 Trg 2 - 385 Trg 3 - 350 SL - 470 Disclaimer: Kindly do your own analysis before executing the trade
HUL has double bottom at 1902-1906 If It cross above 2160 - Its good to take Long Position Target 1 - 2250 Target 2 - 2340 Target 3- 2450 SL - 1900 Disclaimer: Kindly do your own analysis before executing the trade
1. Long Bullish Candle 2. A Small bearish candle that open above the close of the 1st bullish candle 3. Bearish candle opens and close below the center of the 1st candle Pattern is valid as the trend is in Uptrend Short @ 1960 Target 1 - 1900 Target 2 - 1815
Bajaj Finance has double bottom at 1912-1915 If It cross above 2560 - Its good to take Long Position Target 1 - 3050 Target 2 - 3400 Target 3- 3700 SL - 2200 Disclaimer: Kindly do your own analysis before executing the trade
Spinning Top formed in day chart of Nifty Bank. Resistance Level is 22000 was Fib Retracement of 0.382 was already reached. Hence, now the Nifty bank will go upto 18500
HDFC Bank - Day Chart Evidence - Evening Star . As per my Analysis - We should short the script below 920. Target - 875
Nifty has retraced from the bottom to 9859 as now in the retracement zone. We short the Nifty and nifty will go down upto 8600. Short Nifty @ 9550 Trg 1 - 9200 Trg 2 - 9000 Trg 3 - 8800 Final Target - 8665 Option Traders - Sell Nifty 10000 CE . Sell Nifty 8500 PE . Buy 9400 PE
Hi All, This is my 1st Technical Analysis. As per my understanding, TCS Day Chart evidencing a double bottom at 2119 on 17-Dec-2019 and 10-Feb-2020. The volumes are also good. If the Price break 2260 (Previous High) the Long Position can be considered. Please share your views and also feel free to provide me with your feedback and guidance. Regards, Ashok Rajkumar