Above image shows the trend character of 5Paisa Capital.
CHEMFAB Alkalis trend analysis For Educational Purpose Only
YESBANK showing accumulation as per Dow Theory. For educational purpose.
Major breakout followed by retest seems good. Postional trade.
Buy Chemcon and hold for long term. Stoploss follow 310 one week closing basis. May be best trades. Do your own research before taking. 35-40% in 8-9 weeks possible.
Any day if nifty spot comes around 16038-15952 must buy for temporary upside. SL 15918
Targets mention in charts... Only for educational purposes
If banknifty holds trendline we can expect the bounce from the support area of 37400-37500
HDFC BANK in range from long time. The breakout level is 1529 - 1532 above this if sustain the stock may create new highs. If fails then the stock will again trade in range.
Maruti may show 10% Move upside in coming time. Formation of Triangle pattern and a trendline resistance. While daily closing above the 7156 will create new highs as per the chart.
Short HDFCBANK below 1360 for targets 1185
Short HDFC below 2370 for targets 2190 1920 1636
Short Reliance below 1900 targets 1850 1800 1700 1537 1424