Maruti Suzuki is showing bullishness as after forming Inverted HnS Pattern it had given Breakout and good move upside. We can see it in UP Trend in comings day but before going up Side it will give a small Correction . So those who have it from Lower levels can trail it and anyone want to make new position Can make it around 7400.
Nifty Given a closing above 15800 which indicates that we are still in UP Trend and we can see Nifty making new ATH in coming trading sessions until it is above 15800 we did not need to worry fro short term , Carry your long positions with strict stoplosses and keep trailing your stoploss.
LT showing good strength revesing back from support with good volume good at current levels as well ,once it break 1510 will be confirmation its bullishness.
Bullish Structure is building in TCS , In short term we can see a good upmove and it will be forming its new all time high in coming day , Risk Reward is favourable at CMP .
Tatamotors is reversing from it Support zone , If it closes today above yesterday high it willl perform well in coming days.
HDFCLIFE Looking Good for short term , It has given a breakout after forming a Inverted Head and Shoulder Pattern and given a good ralley on last trading Session. It is heading towards 740-745 in short term.It is a good Pick for swing trade.
US Dollar has been trading in a range since last few months which a good sign for us as US Dollar have major impact on our economy until it is in range we can see our market performing well as we saw it yesterday moved more than 1% our market showed its impact on Expiry session.Breakout of it will have a major Impact on our Market.
Nifty was very volatile today as it was the weekly Expiry .We saw a short term correction today Nifty didn't Sustained above the 15800 Levels and didn't broke the immidiate 15600 level support . The level of 15600 was protected and we can see a good buying oppurtunity above the 15600 levels.Broke on any side of the 15600-15800 Levels we can see a good momenutum...
Bharti Airtel Formed Head and Shoulder Pattern , If Airtel Break its Support Zone We can see more downside or if show reversal sign from here we can make a long position with SL Below the Support Zone.
Dixon Technologies had given a fresh Breakout Today and it is near its ALL TIME HIGH,A good move is intact if it closses above its resistance zone.
After a volatile Session weekly expiry session in NIFTY,Got a Trade in Silver as it was trading in a range and today broke a support found good shorting oppurtunity with favourable Risk Reward.Finally had a good expiry.
IBREALEST a good Short trading setup available at good Risk Reward available as it has completed as a perfect triangle pattern with 5 legs of corrective and impulsive waves.
DRREDDDY LABS - Dropped from the price and came back to the Original price it has given a breakout with a good volume and came out of its consolidation zone ,currently it is near its 52 week high.A good upmove is intact in DRREDDY LABS. Looking a good stock to participate in Bull rally in coming days.