Mayur-Shah

Mayur-Shah

A second attempt to test 17200 zone is in progress. Any close blw the zone can lead to an increase in the momentum on the downside. Keep an eye on the VIX which is making a swing low.

Mayur-Shah

We have hit a low of 396XX. Some consolidation can be expected in this zone before a fresh move to ATH's. Line in the Sand at 36400.

Mayur-Shah

Till BTC Holds 364XX. All is well. We are currently in the breakout level retest phase. Should consolidate here before a strong move to ATH's.

Mayur-Shah

Price action in the marked zone to be watched. Metals & PSU banks bore the brunt.

Mayur-Shah

Gold is in a downtrend and has barely retraced 50% and gone back into another downward channel on intraday. Optimists may look for a flag but avoid over leveraged buys till the dual TLs are taken out.

Mayur-Shah

Gold is in a downward channel and remains weak. Few minor swing supports at 46400 & 45400. Expecting a retest of the major support 44XXX

Mayur-Shah

Intraday chart for reference to the previous daily charts.

Mayur-Shah

Coming closer to TL Support. Buying triggers only if it crosses the Downward sloping TL.

Mayur-Shah

A possible flag in the making. Below 1508 trouble we could see the flag pattern getting completed on weekly charts.

Mayur-Shah

Strong Trend up. Inverted HnS developing. GTYL holds.

Mayur-Shah

Trend reversal is expected. Holding abv 142. Stock is good for cash longs. Derivative Traders can hold with 148. Better Strength above the long term trendline.

Mayur-Shah

Head and Shoulder in progress. Blw 6300 stock becomes very weak.

Mayur-Shah

Regression Channel. ALL IZZ WELL till we stay above the yellow line.

Mayur-Shah

Holding Below 316 expect a retest of the yellow lines.

Mayur-Shah

RIL is trying very hard to stay in the channel. Blw 2134 we can see selling accelerate in both RIL & NIFTY.

Mayur-Shah

Strong Sell Candle of 100 points at 16592. Holding Blw 16606. We can expect tgt 16100

Mayur-Shah

GTYL

Mayur-Shah

Trouble blw the blue marked line