KapilVP
Bearish Crab in VIP Industries
NSE:VGUARD V-guard Bullish Breakout
Buy PI Industries if it sustains above 1655 for long term target of 2000 plus
If it sustains below 618.50 then it can come down to fibbo level 0.236 = 558 ( which is also horizontal support). If that level is broken then will come another horizontal support and fibbo level of 0.382 = 553
If able to break and sustain above 1845 then upside possible at 100 % fibbo retracement level and can reach 1897. If breaks below 1806 then can reach 1755- (near fibbo level of 0.236)
1. If breakout of ascending triangle in NSE:ADANIPORTS then upside possible: Upside Fibbo Level 0.618=295, 0.786=316 (The gap at this level will act as resistance) 2. If breakdown then 0.382=254, 0.5=241
If a trendline is broken then it can touch a fibbo level of 0.618 = 131.90. If that is broken then can come for 128, 126.
Ambuja Cement has formed Dark Cloud Cover Pattern and also breakdown of brearish flag. Target 0.382 = 163.40, 0.5=153, 0.618 = 153.05
The possible downside if gives a breakdown of the bearish flag. May come to fibbo level 0.382=490, 0.5=456