Important Trendline Breached & Gap has been filled today, Volume wise I can see strength, Important day for tomorrow. I Will wait for the follow-up candle Then then take action... Volume & OI is important as always...
The market is in Consolidation mode... Took a reaction from 52 Week's High. Very important Trendline, If it breaks with a Big candle then we will witness a huge fall. OI & Volume are to have to be considered.
Right now if you look closely the nearest Gap is "3225" & then Trendline, If both are taken away with a strong candle then we can see other gaps to be filled sooner or later. If Gap up opens then we have to watch out for Buildup & Volumes.
Price & Volume relationship: ----------------------------------- Price goes up but Volume goes down these means not a good time to invest. Look closely at the "W" pattern forms which means if the neckline is broken then do not be in hurry, Watch out for Volume & OI & then Boom Boom !!!
Reliance Chart analysis Wait for perfect time to buy / short at right time levels provided.... Gaps we can see as well....
Bajaj finserv Wait, Wait...... BO need eagerly Bajaj finserv Wait, Wait...... BO need eagerly
Ambuja Cement | Result Day Crucial level.... Wait for big move
HDFC LIFE ANALYSIS Taking suopport Stuck inbetween Symm. Triangle. mmmmm What to do now ?
SBI LIFE Analysis | Result day coming soon Downtrend continues.... Be a smart player to grab the opportunity......
Axis Bank Chart analysis Negative divergence observed... We should be in hurry to take it...wait for perfect time
Bajaj finance Analysis | Result Day coming soon Few Gaps were pending.... Either side move will give good RR....
ACC ltd Analysis | Result Day coming soon Analysis posted purely for education purpose..... Do watch it & like it.
Price & Volume relationship ---------------------------------- Yes, Volume is supporting upside movement. Wait for breakout & Once the pattern along with that swing high is taken out we can enter, and Fresh Buy can initiate.
The 52-week high is 1340.35. Right now it's in the consolidation period. Down we can see a GAP @1197. If 1256 is taken away then it can go further down. Interesting to watch-out.
Wipro: -------- Volume not supporting the upside price movement. Wait for either side breakout for good RR.
HNS PATTERN: Checked ============ Price & Volume relationship : ------------------------------------ Volume is supporting the Upside movement. Conclusion: Wait for a breakout on either side for good RR.
Naukri -------- Price & Volume relationship ======================== Volume supporting Daily & Weekly price decline Wait for breakout good RR.
Infosys LTD -------------- Price & Volume relationship ======================== Volume supporting Daily & weekly decline Candle theory ============ The current candle overtakes the previous candle and the Possibility is high (Daily, Weekly & monthly) Conclusion: Yes we can.