Currently Reliance is near it's two month support and nifty is in downtrend, just wait and watch for any big move . Alert for swing and positional traders. Happy Trading friends!
Currently HDFC is in a short term downtrend and near it's last 2 months support , Good for intraday traders , wait and watch for any big move tomorrow. Also nifty is in downtrend. Happy Trading friends!
A beautiful inverted cup & handle pattern has formed in SUN Pharma in 15 & 5 minute time frame, also it is near to this month support, good for intraday traders, if it open's below or goes below 978 ( Short it), SL at 994 and minimum target is 964. let's wait and watch. Happy trading friends!
Soon Adani tatal gas is going to come out of it's descending traingle pattern , if it gives breakup our 1st target should be 2140 and 2nd target 2230 in long side and stoploss should be 1980:: And if breakdown occures our 1870 in short side, with stoploss at 2010.
For Swing Traders Axis Bank is currently in bull run respecting it's trend line multiple time , easily visible in higher time frame. Stoploss 915, target 980.
Breakdown in SBIN good for intraday trading from a short term uptrend trendline.
If the support of 3470 break , intraday traders may short it.
After a breakout from symmetrical pattern , SBIN is currently in bullish momentum and taking support at 622 rupee, good for swing trade as well as intraday. SL __ 620 , minimum target 640.
Good for intraday trading , Stoploss 1047 & Minimum Target 1077.
Mahindra & Mahindra has given a upside movement from the symmetrical triangle pattern, Good for intraday , SL__ 1278 , Target 1298.
After a consolidation JSW_Steel has given a breakout, best for intraday trading __ SL at 755 , minimum target 775.
After a huge retracement of 61% the prices of WIPRO is currently bouncing , it's above 200 EMA .
Currently the prices in AUROPHARMA has given a breakout and also taking support at 533 rupee . Also it's above 200 EMA Happy Trading Friends.
Currently nifty has moved upside more than 75% of it's recent swing low after a downside move from it's highest peak of 18097, taking a good support at 16745 , nifty has shown a good move upside , took support at 17422 (50% retracement level) and currently ii is at 17786, if the market shows positive sign's , no doubt it going to make a new high the soon. Also in...
After a huge sell of 13% in Gland pharma (NSE) , it got into a combination of beautiful pattern of symmetrical triangle and rounding bottom pattern ,after a considerable side way movement , it suddenly breakout with good volumes , sustained and moved up but suddenly at a resistance level of 1921, it bounced back decisively , converting a good uptrend into a quick...