AS PER CHART BUY, SL AND TARGET YOU CAN BOOK PROFIT AT FIB LEVELS ELSE FINAL TARGET THIS IS MY PERSONAL VIEW ONLY INVEST USING YOUR OWN JUDEGEMENT.
AS PER CHARTS
PRICE HAS SUCCESSFULLY BROKE THE NECK IN RE TRACEMENT MODE. TARGETS AS PER CHART. THIS IS MY PERSONAL VIEW ONLY INVEST USING YOUR OWN JUDGEMENT.
AFTER A FAILED CUP AND HANDLE BREAKOUT ITS CONSOLIDATING AND MIGHT GIVE A BREAKOUT IF ALONG WITH GOOD VOLUME, TARGETS AS PER CHART. THIS IS MY PERSONAL VIEW ONLY, INVEST WITH YOUR OWN RISK.
EXACT PATTERN AT ALMOST SAME LEVEL, COINCIDE WITH SIMILAR INVERTED HAMMER IN BANK NIFTY.
AS PER CHART SEE THE TIME WE LAST HAD MAJOR CORRECTION, IF IT WILL GO THE SAME WAY WE ARE STILL IN PHASE 1 OF CORRECTION THE WORST IS YET TO COME. BUY AT DIPS SELL AT PEAK AT DO NOT INVEST ALL YOUR MONEY IN PHASE 1 BECAUSE YOU DON'T WANT TO REACH PHASE 3 WITH STOCKS YOU BOUGHT AT HIGH OF PHASE 1. FOOD FOR THOUGHT. THIS IS MY PERSONAL VIEW, FEEL FREE TO DISAGREE...
AS PER CHART, EXPECT A GAP DOWN OR CONTINUATION OF DOWNWARD TREND
CUP AND POSSIBLE HANDLE FORMATION, IF FORM IT WILL BE A PERFECT REVERSAL. TARGET AS MARKED THE HEIGHT OF THE CUP. LOOK FOR VOLUME AT BREAKOUT ALWAYS. CAUTION - TRADE AT YOUR OWN RISK AS THE TECHNICAL ANALYSIS OF INDICATOR AND OSCILLATOR SHOW SELL FOR COMING WEEK AND MONTH BUT AS PER PRICE ACTION REVERSAL IS POSSIBLE.
A BULLISH DOJI IS FORMED AT SUPPORT, INCREASE IN VOLUME IN LAST COUPLE OF DAYS. IF IT CONSOLIDATE AT SUPPORT LEVEL WE CAN SEE POSSIBLE REVERSAL HERE.
AWAITING BREAKOUT, IF BANK NIFTY CONTINUE UPTREND WE CAN EXPECT BREAKOUT.(LOOK FOR VOLUME WITH BRAEKOUT) TARGETS AS PER CHART.
AS PER CHART. THIS IS ONLY FOR EDUCATIONAL PURPOSE, KINDLY USE OWN JUDGEMENT BEFORE INVESTING.
IN CONTINUATION TO MY PREVIOUS POST, THIS ONE IS ON 15M CHART, POSSIBLE BREAKOUT IF POSITIVE VOLUME. A BREAKDOWN IS ALSO POSSIBLE IF NEGATIVE VOLUME IS FOLLOWED ONLY FOR EDUCATIONAL PURPOSE.
LOOK OUT FOR POSSIBLE REVERSAL AFTER CUP AND HANDLE (IF FORMED)
LOOK FOR BREAKOUT WITH POSITIVE VOLUME, CMP ON STRONG SUPPORT ZONE. TARGETS AS PER CHART
A HEAD AND SHOULDER PATTERN (A POSSIBILITY) MIGHT BE IN FORMATION HERE, IF FORMED A REVERSAL CAN OCCUR TO FILL THE GAP. WAIT FOR FEW DAYS TO FIND OUT.
IN WEEKLY CHARTS SUN PHARMA IS IN CONSOLIDATION MODE BEFORE EXPECTED BREAKOUT(DAILY CHART ALSO SHOWING BULLISH RECTANGLE), ALL TECHNICAL INDICATORS AND OSCILLATORS SHOWING BUY FOR COMING WEEK AND MONTH.THERE IS INCREASE IN VOLUME FROM LAST FEW DAYS AS WELL, NIFTY PHARMA IS ALSO EXPECTED TO GO LONG AND IT WILL MAKE A STRONG CASE FOR SUN PHARMA TO FOLLOW SAME SINCE...