Bank nifty bearish harmonic pattern formation with divergence on indicator can be short candidate till prz levels are not crossed on 15 mins candle closing basis
Nifty I.T. cmp 33715 on verge to complete impulse phase of elliot wave,, and supply line resistance around current levels,, Time to book profit in I.T. stocks and choose some overbought stock to go short,, Good profit booking and reversal can be seen Fall of 10-15% in counters and index can be seen...
Lti spot cmp 4800 Bearish butterfly pattern formation Bearish wolfwave formation Bearish divergence on RSI Bearish Divergence on Macd Good short candidate
SBI spot cmp 465 Elliot wave study Time frame :- Daily Major impulse phase and minor impulse phase of major wave 5 have matured around this levels,, dual bearish divergence in RSI indicate the trend is about to mature,, reversal in trend possible around this levels,, Keep watch can reverse by 10 to 15% from current levels Good short candidate
Tata power spot cmp 135 Bearish butterfly pattern formation bearish divergence in RSI and MACD,, Trend reversal possible Good short candidate
Natural gas future 311 Bearish deep crab pattern formation elliot wave formation RSI divergence MAcd divergence + Bearish cross over Good short candidate
Au bank bearish harmonic pattern formation,, good short candidate
Adani enter Bullish formation observed as per price action in counter,, good support in move from indicators can give a move of 7-10% from current levels
Amaraja bat spot cmp 725 Good bullish price action setup on hourly time frame,,, Once breakout confirmed can be good long candidate
Hero spot cmp 2820 Time frame :- daily Study :-chart pattern, harmonic Symmetrical triangle breakout and bullish bat pattern formation with bullish crossover in MACD. breakout on rsi Good bullish formation Can give 10 to15% upmove from current levels...
SBI spot cmp 358 Elliot wave study Good buy on dips candidate,, Corrective wave 4 of impulse phase is in progress,, if wave 5 unfolds we can see good upside in counter,, Hidden bullish divergence on RSI,, Trend line support around 335 levels,, Good demand zone around 310 to 330 levels,, Best range to go long around 310-330 View gets violated below 290 on...
Escort spot cmp 1138 Bullish butterfly pattern formation Good long candidate
Hdfc amc spot cmp 2822 Good long candidate on dips view gets vioalted below 2725 on closing basis
Glenmark spot cmp 570 Counter have given breakout from falling channel structure and recently have given breakout from cup and handle pattern But in dips till 540 levels View gets negated below 520 levels Targets are 650-700-750-800 Time horizon 1-2 months Good long candidate,,,
Aubank spot cmp 935 Bullish shark pattern formation on daily time frame,, Good long candidate,,
Bullish multiple harmonic pattern formation,, pattern violates below recent lows,, Good long candidate on dips,,,
Bank nifty multiple harmonic pattern formation,, follow the levels mentioned,, index is ready to out perform from nifty,, Good long candidate
Tcs spot cmp 3190 ascending triangle pattern formation over sold on all time smaller time frames bullish cross over in hourly and 240 mins time frame bullish divergence of rsi and macd bullish engulfing pattern formation good long candidate for new life time high,,,