Sai_1995

Sai_1995

Until budget is announced there could be lot of profit booking or keeping money aside temporarily but results of companies seem to be good so expect some sort of sideways to positive movement with high vix. Sorry target should be supply zone and not demand area (error).

Sai_1995

Looks most heavy weight stocks are right at support, now probably since we are in a bull market we could bounce from here or could see a further fall. Probably big money putting money of the table until budget is decided, they are trying to reduce the exposure and booking profits in futures.

Sai_1995

All depends on which side it will break, look at levels but looking at the area it took support looks like a bounce coming.

Sai_1995

Look at the levels and take action.

Sai_1995

Please look at the levels and then take decisison.

Sai_1995

More probability for long.

Sai_1995 Updated 

Self explanatory, go long with a target of ATH. SL : 1800

Sai_1995 Updated 

Axis bank looks good for a short, look at the levels mentioned in the chart and then go short.

Sai_1995 Updated 

Nifty near resistance, if breaks the line then go long and also wait for retest before going long. If reverses then have a target at the bottom of the support line.

Sai_1995 Updated 

Bank nifty is at exact support, can take a positional long for next month, target 26000 levels.

Sai_1995

Nifty is in a downtrend with 200 moving average acting as support, the moment it goes below it, that would be a clear indication of a bear market.

Sai_1995

If nifty breaks the red channel that is a bullish continuation and if it breaks the yellow line either in the red channel or even outside it is a clear indication of a further downtrend. The entry to the red channel and sustaining there with the support of the yellow line could be seen as consolidation.

Sai_1995 Updated 

Nifty on a weekly basis has created a bearish engulfing candle with good volumes. It can be due to more correct toward 11000 levels. It can bouce/recover from this level to once again test the 11800 level by end of this month.

Sai_1995 Updated 

Reliance has been a 200 point range and can test the lower end of the support line and take off with a breakout above 2199 level. Looks like a bullish flag pattern.

Sai_1995 Updated 

Tata motors sideways in a set triangle, once it tests the 138 level and does not break the support the stock can rise and try to test the resistance. Suggest to wait till it hits the support and then go long.

Sai_1995 Updated 

SBI can test 211 and if it breaks support then we can see a decent down move. If it sustains, then we can see the stock try new high's.

Sai_1995

ITC view for short term, once it breaks the yellow support line, the next support is at 180 and it can reach this level.

Sai_1995 Updated 

Potential to move upwards to 520 in the coming month atleast once.