MaverickTrade_

MaverickTrade_

Shorts can be initiated with stoploss around 440 in dabur on every rise, expecting downtrend to begin soon. Trade at your own risk and keep targets of 415 and 400

MaverickTrade_

Sell below closing of 425rs Buy above closing of 440rs Whichever side the trade gets activated, take position Move likely: Downside Because of descending triangle pattern and bearish harami on daily charts

MaverickTrade_ Updated 

Voltas broke trendline with 200DMA. Is it ready for a downtred move? Watch how price behaves.

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IOC, Shorts building here with support broken along with trendline break. Twitter: MaverickTrade_ Instagram: riyank___

MaverickTrade_

Berger paints is approaching the supply zone, are there chances of breakout? Wait for confirmation candle, then plan the trade on tomorrow's closing. Twitter: MaverickTrade_ Instagram: riyank___

MaverickTrade_

Bank Nifty is looking to prepare for some short covering. Move possible till 30000 to 30100 before further shorts start building 30000 - 30100 will likely act as a resistance zone, which was previously a strong support zone. HDFC BANK, ICICI BANK and SBIN are top banks which can pull up bank nifty in coming week. Twitter: MaverickTrade_ Instagram: riyank___

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Where is it heading? Price is in the strong demand zone but closed below 200DMA. If Monday's closing is in green and above 200DMA we can expect reliance to bounce back from here. View negated if demand zone is broken. Note that price is also making lower lows, so chances of breakdown below support zone are high. Break below 200DMA and price making lower lows, its...

MaverickTrade_

Bajaj Finance has taken support at trendline and made a bullish engulfing pattern. Expecting trend to continue and price to ride at least 10% upwards from here. View negated once trendline is negated. Twitter: @MaverickTrade_ Instagram: riyank___