Darshan1971

Darshan1971

L&T has broken its long term strong support at 1822 and 1550. It has also broken 50 DMA and is trading substantially lower than that. It has formed a Head and shoulder pattern. If further downtrend will continue, which is highly probable, the stock will reach 1292 eventually. Academically, one should sell all your holdings and get out of this stock. Shorting...

Darshan1971

The script is consistently trading above 50 DMA. It has broken it long term resistance line and has also tested that level. It is all set to BO in near future. The script will indicate a consistent rise after the BO

Darshan1971

The script has broken levels of 1250 third time after making a double top. The script value has come down to test the resistance level of 1250. Now 1250 will act as support and script is poised to rise beyond this. This is for academic purpose only

Darshan1971

The script has 1) Broken 200 DMA though returned back and is trading above the value 2) Exhibites a clear H&S pattern and a huge breakdown candle crossing the neckline. The trgt levels are marked in the chart. This is for academic purpose only.

Darshan1971

VIP Ind is 1) taking support on 50 DMA 2) Long term resistance line is being tested as support. 3) Is trending bullish. Keeping above in view, the stock is likely to increase. This is for academic interest and not a recommendation.

Darshan1971 Updated 

Go bullish.. higher levels wrt earlier publication marked. Beyond which the trgt can be further viewed as 138. Study for academic purpose

Darshan1971 Updated 

BO at 1411 and headed for next target as 1800 based on Price Action. i.e. adding the last resistance support to BO price. Analysis for academic purpose. super trend 20 3 also turned positive

Darshan1971 Updated 

The target and the reason are marked on the chart. The chart is weak and is trading below its 50 DMA

Darshan1971 Updated 

The stock is trading below 50 DMA and also has consistently fallen. It has formed Head and Shoulder Pattern and will trgt as marked o the chart. The analysis is for academic interest only

Darshan1971

Head and Shoulder pattern is formed. And the stock will fall to targets of 1221. Analysis for academic purpose only

Darshan1971

After forming Head and shoulder pattern trgt # 1 16600, nifty is 1) trading below 50 DMA and forming lower highs and lower bottoms 2) It has breached 61% Fibonacci levels on closing basis on daily chart 3) Next strong support is at 15544. Nifty had opened gap down, broken the projected level of 16600 (lowest at 16485) and has formed a exhausting candle. On 15 min...

Darshan1971

Nifty had indicated Head and shoulder pattern and was correcting. Trgt achieved

Darshan1971

Nifty has formed the H&S pattern and breached the 50 DMA level. Nifty target is 16500. Published for academic interest.

Darshan1971

The stock is bearish and will reach the trgt as marked in the graph.

Darshan1971

The stock has formed Head and Shoulders, a trend reversal for price. It has also broken the 50 DMA level. The next target for this stock is 1501. Published for academic purpose.

Darshan1971

Lovable Longerie has taken support from 50 SMA and is showing reversal with Bullish Breakout. The long term targets are marked on the charts in weekly time frame. This is based on the Price Chart, Support and Resistances. The supertrend 100,1.9 is also positive and in buy mode. Buy and Hold for a long time for a potential upside of 95 %. The study is for...

Darshan1971

The stock is consistently bullish with rising volumes for last three days with closing above 50 DMA. If the stock crosses long term resistance = 50.25 and closes above this level, a huge break out will follow. go long above 51. Super trend 100,1.9 has also indicated buy. Study for academic purpose only.

Darshan1971

The script has formed a Upflag and the last candle is Bullish. If the stock price breaks the post top and end above the level indicated on closing basis, then the next target is 1769 as marked in the chart. Up flag Bullish Breakout. Study for academic purpose.