cipla 1 hour chart... doji at top... indicating reversal for some pull back..
siemens breakdown from triangle... short
WEAK BELOW 400-405 LEVEL .... MAY TARGET 385--380---
YES BANK TRADING IN A MEGAPHONE PATTERN ABOVE 40 WILL TRY TO GO 75-85 LEVEL..!!!
Tata motors analysis given on chart....very weak .. sell on rise mode
MGL.. DOJI WITH INVERTED HAMMER...WATCH FOR TREND REVERSAL..!!!!
Asian paint getting channel resistance
NIFTY TRADING IN MEGHAPHONE PATTERN INSIDE THE BIG CHANNEL(SHOWN WITH RED LINE)... TRENDLINE RESISTANCE COMES NEAR 12450 & SUPPORT IS NEAR 11100 BREAKING DOWN MEGHAPHONE PATTERN WILL BRING BIG CORRECTION IN MARKET...
MGL Doji on top watch range break 1198-1175 if breaks 1175 on downside than may slipto 1125--1100 @MDstockmagic educational purpose
centurytex near important trendline resistance Weak below 570-575 may slip to 560--550 @MDstockmagic educational purpose
gap resistance near 855-881... resisted near the gap .. mdade the hammer and free fall today... below 855.. may slip to 820--800
It seems that nifty is making rounding top and "B" wave is completed @10985. Currently trading in triangle.. look for breakout or breakdown from triangle pattern breakdown will target 10600-10500 the support zone stay cautious at cyrrebt levels.. or hedge your position
Trading in a falling wedge.. with breakdown from triangle pattern.. looking weak below 430 THIS IS ONLY FOR EDUCATIONAL PURPOSE.. VIEWS ARE PERSONAL