Hi Guys, Akzo Nobel, the script has been moving in the parallel channel and the triangle breakout was happened in channel itself. The script was in downtrend and trend reversal was identified with Candlestick pattern. We can enter the script once it retest the level of 2236 SL - 2170. Disclaimer: Kindly do your own analysis before executing the...
Dear All, ITC has formed the inverted H & S Pattern .. The Script has broken the neckline and now in the retesting side. If the Script touches at range of 206-207 go for Long. SL - 202 Target - 222 Disclaimer: Kindly do your own analysis before executing the trade.
Fed Bank has formed ascending Triangle and breakout was happened and retraced back above the pattern. Hence, we can go for Long in the Script. Buy - 77.50 Target - 83.40 and 92 SL - 76.50 Disclaimer: Kindly do your own analysis before executing this trade.
Voltas was trading in the trend line and it was touched the trend line and retraced and started moving higher in 1hr time frame. In Daily time frame it was parallel channel and trendline of 1hr TF make its as a Symmetrical Triangle Pattern. Hence, go for Long at 970-972 SL - 961.. Have a good Risk Reward Ratio. Disclaimer: Kindly do your own analysis before...
Dabur Ltd script has moving in Ascending Parallel Channel. The script has touched the Channel Resistance and Moved back to Channel Support and then it was Moving to the resistance level. The script was in the bottom of the channel region. Hence, we can go for Long. Buy - 520-525 SL - 517 Target - 570
PNB has formed Triangle Pattern. PNB has raised funds through QIP amounting to 1800Crores. Today the volume was good enough. If the script breaks above 38.25 go for Long ( Must close above 38.25 in daily time frame) Target - 41.05 and 46.65 SL - 35.45 Disclaimer: Kindly do your own analysis before executing the trade.
Coal India has formed symmetrical triangle pattern in the weekly chart. The script has braked out and moved toward 61.8 for FIB Extn. Once the script has retraced to the level of 136-138. Go for Long. SL - 130 Target will be 157, 179 and 214. Disclaimer: Kindly do your own analysis before executing the trade.
Hi All, In this analysis we are going to analysis the Infosys Script. The script has good bullish run in the past now the trend reversal was started. Go for Short: Short Below: 1355-1351 SL - 1366 Target - 1330 & 1310 Disclaimer: Kindly do your own analysis before executing the trade
Dear All, Max Financial Services Ltd - Was formed in the Flag Pattern and it's was in the Consolidation. If the Script closes above 910 in daily time frame, then we can go for Long. Entry - Above 910 ( Closes in Daily Time Frame after retest) Target - 1010 SL - 870 Disclaimer: Kindly do your own analysis before executing the trade.
Hi Guys, HDFC Life chart moves in the direction on Parallel Channel with Elliott wave. The script was in the Swing Low. Go for Long: Buy Above - 670 SL - 665 Target 1 - 690 Target 2 - 725 Target 3 - 755 Disclaimer: Kindly do your own analysis before executing the trade.
Ashok Leyland Script has formed in falling wedge pattern. The Script was in the swing low. Buy from 108 SL - 106 Target 1 - 120 Target 2 - 126 Target 3 - 136 Disclaimer: Kindly do own analysis before executing this trade.
Orient Electric has formed parallel Cure Channel in Swing Low. Buy - 313 and Above. SL - 308 Target - 341 Disclaimer: Kindly do your own analysis before executing the trade.
Hi Guys, In this analysis the script was clearly in the downtrend. 2 pattern was clearly evidence the same: Inverted Flag Pattern and Downtrend Parallel Channel. So Wait till Script in the price of 3565-3570 Target 1 - 3400 Target 2 - 3290 SL - 3625 Disclaimer: Kindly do your own analysis before executing this trade.
Dear All, Eicher Motors has formed the Head & Shoulder pattern. The script has broken the neckline but its was huge gap down it may retest to 2550 Hence, upon retest and script not closed above the neckline in the daily time frame go for Short. SL - 2721 Target - 1920 - 1900 Disclaimer: Kindly do your own analysis before executing this trade.
Dear All, KMBL has formed clear double top pattern and in the daily time frame. Also the script has been neckline of 1700 then go for the short. Target 1 - 1600 Target 2 - 1500 Target 3- 1470 SL - 1800 Disclaimer: Kindly do your own analysis before executing the trade.
Dear All, Already as per our previous analysis, we have clearly showed that the Nifty was in the down trend and right now the nifty has braked the double top neckline. Hence, for this week expiry go for the below : Sell: 14750 CE Buy: 14300 PE Sell: 13600 PE Kindly do your own analysis before executing this trade
Hi guys, Nifty has formed double top at 15300-15400. The Index has touched and neckline and go below it and then bounced back and closed above the neckline of the double top. As per FIB Extn the index was in the clear downtrend. Hence, we can go for the Short below 14750. Target 1- 14400 Target 2 -14200 Target 3 -14000 Target 4- 13700. SL - 15450 Disclaimer:...
Hi Guys, Welcome to Thenali Views, Today we are going to analysis the HDFC Bank Ltd !!! HDFC Bank day time frame has formed Double Top and the neckline was broken . Target 1 was already achieved and same was witnessed in the chart. Hence, go for Short. Target 2 - 4 Marked in the Chart. 1515, 1499, 1479. Disclaimer: Kindly do your own analysis before...