Looks like the woes haven't ceased yet in the life of Adani Ports. Expecting a sharp fall down to the mid of next two support lines. Hold your buckles.
Appointment of new CEO breathed fresh air in to the company. But, the latest news of RBI threatening action against Yes Bank leaves the lit candle in gusts of wind. The hope is bleak but I presume that Yes Bank will come out of this chaos one more time. So, taking a LONG position for 250+ by this month end. Fill that gap.
Some companies like SunPharma are like silent warriors. Their actions speak louder than what they mutter under their breath. Please check the chart and correct me if mistaken. Thanks.
Over the past few days BNF is showing weakening signals and is struggling hard to keep up it's earlier pace.
This brings in a new edge to the stock.
Slight Bullish Harami gives some confidence. This looks interesting because Axis is breathing some fresh air after so many months. If it sustains at this level, I firmly believe that Axis can hit the HHs pretty soon. All because of that YesBank fiasco, I assume.
W.R.T the current global markets' performance which is on a massive downtrend with DJI losing 650 points and more than a 1000 points last week, there will be a significant effect on Indian markets on 26th Dec to 1st week of Jan 2019. Demand Index prophesize the next movement, but not the next day's movement. So, please DYOR