Mastertrader21

Mastertrader21

SBI is taking support at the multi-year bottom. This does not equate to Buy or Sell. Please wait for confirmation where price breaks swing high or close below the low.

Mastertrader21

Market near the top of channel

Mastertrader21

The chart looks for a good short. Bearish divergence with trend line violation

Mastertrader21

NSE:DCBBANK has just crossed a bearish trendline for more then 9 months

Mastertrader21

NSE:NESTLEIND is taking support at 61.8% of the recent move and also forming classic ABC pattern. View is bullish for the short term.

Mastertrader21

Long Term Trendline supporting BSE:HINDUNILVR . A break below which can trigger medium term bearish view,

Mastertrader21

Downward sloping line.

Mastertrader21

-> Good Support Level -> One Bar Reversal Good Idea to Play Option for May Expiry

Mastertrader21

1) Resistance become support 2) Market taking support @ 61.8 %

Mastertrader21

Castrol at Resistance Line

Mastertrader21

Multiple Resistance Faced for Castrol

Mastertrader21

Resistance becomes Support and Market taking Support at 61.8% retracement

Mastertrader21

Wipro is at major confluence point 1. Long Term Trendline from 2008 2. Forming Double Bottom @ 475 3. Downward Bullish Trendline

Mastertrader21

ITC is near the Channel Top and we can see Resistance at this Level

Mastertrader21 Updated 

There is a classic pattern where Support Becomes Resistance and Mind Tree is showing the example of the same. Wait for the market to correct a bit and it will turn to a great Short Oppertunity.

Mastertrader21

Arvind Mill is hitting Resistance Line with volume and forming Doji pattern bearish for near term

Mastertrader21

Syndicate formed Evening Doji Star with Bearish Trend Line Touch. You can see fall in coming Days

Mastertrader21

Hexaware Breakdown from rectangle