AXIS BANK ,bounced from Gann Fan Supports and Fibonacci demand zones.Should test 532 / 547 soon if hold the support of 3/1 of gann fan.
NSE:KOTAKBANK on dips for 1050 , sl below the demand zone on close basis.
NIFTY is a buying on Dips , as it bounced from Andrew Pitchforks Median.
NSE:NIFTY bounced from Gann Fan support of 2/1. Going long is feasible as soon as these supports are not violated. If they are deceived a Short should be made in it .
AXIS BANK the under-performer in pvt banks set for 600. Good Accumlation after decent correction . Rising OBV and Kumo Twist supporting the move.
NSE:BAJAJFINSV is headed to 5900 . Flag breakout on weekly charts . also good set of numbers posted by it in Q1 FY18.
DHFL is set tot test its Previous high of 479-480 again . Corrected intraday after it posted good set of number of Q1FY18. Bounced from 61.8% FIBO levels indicating the end of downside in the stock . Disclosure : I made a long at 450 With several lots holding in it in DHFL JULY FUTURES .
ZEEL , GOING LONG WOULD BE FEASIBLE FOR INTRADAY , made tweezing bottom, bounced from kumo. Bounced from previous supports .
Headed to 1250-1260 zones ,expanding to point 5 , now point 6 to act as support.
NSE:SUNPHARMA heading towards 600, bounce from lower band of rising channel .
CAPITAL FIRST , BREAKING out of the range . ready to test 790-800 zone from where it may face supply . Positive Divergence visible on Daily Charts . Range Breakout was with High Volumes and huge Addition in Oi . Double Bottom Confirmed . And Ready for the Up move
BAJAJ FINSERV , broke out of a rectangular pattern with increased volumes . Moreover Stock Retraced from 61.8 % of fibonnacci retracement and managed to close above the 38.2 % on the Daily charts . Hinting that the correction is over for now and it should resume its previous rally . But may face supply pressure near 4600 - 4750 zones.
Maruti gave a lovely Rectangular Breakout Yesterday with high Volumes and good addition in Open Interest . Its Heading Towards 7800 zones now .
VOLTAS gave an ascending triangle breakout yesterday with increased Volumes , is set to test 495-500 zones very soon. It Also retraced from 61.8% fibonacci levels . Hinting that the correction is over in it . VOLTAS
Nifty NSE:NIFTY to remain Range bound for the day. 9850 quiet crucial support for it on spot . once Buy at the lower band and sell at the upper band.
STRIDES SHASUN STAR on 5th Wave of Elliott Wave , Headed Towards 2300 Levels.
NSE:BANKINDIA is set to test 159 soon . Made an inverted Head and Shoulder , broke the neckline with surge in volumes . Kumo Breakout also occured in the stock .
TVC:HSI headed to 27000 mark , gave a bullish breakout on charts . Stop could be kept below 20dma