1. Base in formation on Lower Time Frames. 2. Stock needs to consolidate between 950-875. 3. Closing below 875, view is negated and downtrend may continue. 4. Confirmed uptrend only above Trend Line BO on upside. As of now, level is closing above 953. 5. Major Break Out only above 1150. 6. Consult your financial adviser before investing. I am personally not invested!
#INFY on Weekly Time Frame. 1525 WCB can be SL for Short Term Investors. If that's saved, we can again see 2200+ levels in coming weeks. All depends on how IT performs in coming days!
1. 36375, that is today's low is by default SL for all the longs now (for the open positions) 2. Below 36375, we're directly looking at 36000 (app. 200 MA) which is not only a technical support but also a psychological support. 3. If 36000 is breached on closing basis, 35730 (BO Spot) followed by 35050 would the positional Targets for Sellers. 4. For any buying...
1. Long legged Doji on DTF showing more indecision in Sellers than Buyers. Basically bears' exhaustion. Chances of uptrend are higher. 2. Closing below Friday's low of 17485 will negate the view. 3. Next major support is at 17265, the previous BO level. 4. For confirmed uptrend, we'd need a closing near or above 17650. 5. In case 18350 isn't breached and remains a...
Broken 200MA, next what? DJI has broken 200MA on DTF chart. Closed just at support. Closing below 34200, expect another heavy round of selling for possible target of 33250 in coming days. Major support at 33000 on WTF.
This chart is only for those who understands correlation between DXY-Indian Markets.
32700 Coming? Looks like it is on Weekly Chart. Would be a good RRR to enter fresh longs.
Stock can see 6500/6800/7500+ levels soon. Need to close above 5900 (WCB)
Track above the resistance zone. Closing above 1466, stock can see 1550+ in no time!
Channel Break down. What's next? NIFTY broke channel today with a big red candle with Intraday loss of almost 300 points. Next support lies around 18000-18020 levels which should come into play tomorrow. If breached, look for Sub 17900 levels. Let's see tomorrow!
Stock is making a Mega Phone on DTF. Rising with good volume. May face resistance around 575-580 levels, thus that should be short term target. However, if managed to break out the pattern, one can be prepared for some serious gains in coming weeks. Keep in watchlist! CMP 535.10 Short Term Target: 575+ Mid Term Target : 650+ Long Term Target: 850+
#NIFTY Resistance Zone : 18190-18240. Reversal or Break Out? Let's see!
Will it Break Out or Break Down? Both the possibilities are equally possible and in any case it is well poised for a good movement on either side. I am on long side if market supports but I'd not shy to take a short trade if break down happens. Tomorrow/Monday we may see some action.
Strong Weekly Closing. Above 236, expect 255/277 soon!
Need to close above 1800 (WCB) for Shot Term Targets of 1913/2081+
Stock has given a TL Break Out on Weekly Time Frame. Now looking all set to hit resistance at 881, which should be short term target. If that's crossed with a closing above this, 1140/1250+ levels are on the cards. Stay invested!
3300 is solid base for ASIAN PAINTS now. As long as it's saved on DCB, we can see 3500+ in quick time.
Making HH-HL on Daily Time Frame. Looks good for 1900-1915 before facing Trend Line Resistance. If that's taken, we may expect some serious movement in this stock. Can be considered for Swing Trade.