Shishirakram

Shishirakram Updated 

As marked in the chart probable downtrend setup is forming in the DIVISLAB After breaking the important structure, price retested the levels again. Hourly chart also shows the clear down trend starting. Further increase in the delivery volume and volume in general also suggests the big move coming. Next 2 sessions will confirm it further.

Shishirakram Updated 

AshokLey is at a very important levels on the weekly chart as shown in the chart. Upward move is expected. But if the price breaks this 74 levels then further donmove is expected in the coming days. Both stochastic and RSI are in the oversold zone.

Shishirakram Updated 

As shown in the chart above 1255-1245 seems to be very important Level. Look for reversal from this point and 1294 likely to be the target. But if the price action breaks this support and goes below the mentioned levels then look for the pull back to the above mentioned levels and short. 1190 seems to be the next support downwards.

Shishirakram

ICICI Bank is moving sideways after breaking important resistance. So I'm expecting a further upward move towards 444 levels.

Shishirakram Updated 

As you can see from the chart, Havells trading in a channel pattern. Any breakout will give a nice trade. Watch out

Shishirakram Updated 

After a move from 250 to 300 levels, now Wipro seems to be consolidating for another big move. As of now prices are moving in channel form. Breakout in any direction will give us entry reason and could give some handsome profit. I see a positive bias in Wipro because there is a huge OI built up in 290 PE so this will act as a strong support for the stock. And...

Shishirakram Updated 

As you can see in the chart, Price has come down below the support zone, Now this zone might act as the resistance for the price. I'm suspecting that this short upward move is a pullback movement and once the price hits the resistance the prices can move sharply downwards. Be cautious.

Shishirakram

As in the charts above, Trade plan is if TCS takes support at current levels then enter the long side if breaks the current levels we can enter short side. Any side can give 40-50 points profit.

Shishirakram Updated 

Current price levels seems to be the important price levels for Reliance. Any further break in the price levels may trigger more sell offs and Reliance may end up at 1200 levels from where the uptrend started initially.

Shishirakram Updated 

As you can see in the above chart ICICI Bank is following a pattern. Any break in the pattern will give reason for long or short.