Himalaya_Sudan

Himalaya_Sudan Updated 

1. Around strong support zone 656-665 2. Retracement done from high to low (More than 0.618 fib level) , but currently above 0.618 fib level 3. Consolidation going from few days (possible breakout anytime) 4. MACD about to give crossover* 5. Taking support from almost an year old trendline ( starting from 12 June 2020) 5. Decent delivery percentage (around 40% on...

Himalaya_Sudan Updated 

Sell at 615 for targets of 612 , 610

Himalaya_Sudan Updated 

The stock has closed just above its SUPPORT ZONE OF 148-151. History - This ZONE had acted as a SUPPORT for long time. Possible Reversal can be seen. 1. At strong Support zone 2. Retracement done from high to low (61.8 fib level) 3. Consolidation going from few days (possible breakout) 4. RSI divergence in smaller time frames. 5. MACD about to give crossover* 5....

Himalaya_Sudan

1. Consolidating in a box having area of 20 points 2. Retracement done from high to low (0.5 fib level) 3. Double Trendline Resistance 4. Decent delivery percentage (around 43% on 14/ 05 /2021) TWO STRATEGIES : (1) Buy above 204 for a near term TARGET OF 215-220 SL - 199 (daily closing basis) (2) ACCUMULATE TILL 0.618 fib level.... a good move till 240 can...

Himalaya_Sudan Updated 

Axis Bank is in downtrend and has broken its support level of 688. It has a gap between 677 and 681 which can be filled. If the downtrend continues short it below 677. Do not short if the market is +ve i.e do not trade in reverse. Intraday Levels : Buy above 689 ...targets -> 695 , 700 SL 685 Sell below 677 ...targets -> 671 , 665 SL 681 TIP : Wait for 10...

Himalaya_Sudan Updated 

GI is facing resistance by the trendline of a falling channel. It may be rejected below 342 Attempted few times to break but according to me this time it will break with increasing volumes. Tomorrow Laurus results will set the tone for API stocks. Delivery % is around 41% , which is quite decent. Stock most important accumulation area is 337-341. Risky buyers...