Lucifer759

Lucifer759 Updated 

Sunpharma made a double bottom on weekly charts and looked strong for a large part of 2018 until the recent fall. It broke below the crucial 430 levels and looking for new lower support zones. Next support can be around 384 levels.

Lucifer759 Updated 

Dow Jones Index has made a double top and now threatening to fall below support. Looking at the charts and the extent of rally we had for past 2 years...we may be in for a big correction and the correction we are seeing may just be the beginning of a long term bear market in US markets which may spread all over the world.

Lucifer759 Updated 

Narrowing range is very close to breaking down on the downside. A weely closing below 280 levels may see this stock heading for double digits.

Lucifer759 Updated 

This is weekly chart so patience is needed. Sell at 100 with a weekly closing stoploss of 112 and target is 83 (Positional)

Lucifer759

Monthly chart of British Pound sends alarming signals for future of Britain and also future of the global economy.

Lucifer759 Updated 

Kotak broke above the trading range and price retested the support of 1250. Buy at 1284 Stoploss 1248 Targets 1314 1360 1400 Refer below link for 30 mins timeframe for tighter stoploss

Lucifer759 Updated 

Sell Axis at 604 Stoploss 625 Target 545 500

Lucifer759 Updated 

USDINR made a bullish H&S pattern on hourly charts. Buy at 71.25 Stoploss 70.65 Targets 71.5 72.8

Lucifer759 Updated 

Reliance has slowly moving in a upward channel form 1024 levels. It has broken this channel and now retesting the resistance level. Sell at 1134 Stoploss 1158 Target 1028 (Positional)

Lucifer759 Updated 

Brent Crude has been in a falling channel for few weeks now and that channel has been violated. Price has also retested the channel once. So assuming the low will hold Buy at 63 with a Stoploss of 59 Targets can be 64.3, 68.6 and 72.

Lucifer759

It's just an observation. if you want to trade this use a strict stoploss as mentioned in previous post.

Lucifer759 Updated 

Sell VGuard at 208 Closing Stoploss of 220 Target 174 (positional)

Lucifer759 Updated 

If this test fails then new levels may open up on the downside and the recent swing low of 2603 may be in threat.

Lucifer759

Things may get worse before they get better

Lucifer759 Updated 

MIDCAP 100 index has been in a trading range from the past one month. This is very unusual for this index as it normally tends to be very volatile. Midcaps have been weak all through this 900 point nifty rally so a correction in Nifty may trigger a deep correction in Midcap stocks. Watchout for a breakout on either side....

Lucifer759 Updated 

Sell ITC at 282 Stoploss 290 target 274 265

Lucifer759 Updated 

BUY ICICI above 360 Stoploss 351 target 373 Sell ICICI below 350.55 Stoploss 359 target 345

Lucifer759 Updated 

Ceat broke out of a triangle pattern and now testing support. Buy at 1275 Stoploss 1250 Target 1320 Careful with buys.