Stock-Holmes

Stock-Holmes

The script had broken out of a triangle and had given a retracement. Short-term targets are 500, 520, and 550.

Stock-Holmes

Based on the Fibonacci extension, the upcoming major resistances for nifty are 16200, 16400, and 16625. Happy trading.

Stock-Holmes

The script had formed a good flag on a pole. With Q1 results expected this week, the script can give a good rally once it breaks out. Positives ahead: * China suspending export of fertilizers. * Good monsoon expected. * Hopefully good Q1 results.

Stock-Holmes

Option traders can sell 27500 PE @ 400 & buy 26000 PE @ 145. Margin required Rs. 55,000. Net profit Rs. 6,300 (11.5%) Good to enter when the script retraces back to the trendline. Analyze and take the trade if you are convinced.

Stock-Holmes

A strong green candle today above the trendline can initiate a good bullish run in this script.

Stock-Holmes Updated 

The script is at the support level of the trendline. Go to go long.

Stock-Holmes

Can we expect nifty to slide along this channel?? Give your suggestions, friends.

Stock-Holmes Updated 

The script had formed a symmetrical triangle on top of a pole. The Q1 result on August 6 is likely to initiate a rally. SBI usually announces results during market hours (around 2 to 2.30 pm). With most good companies missing estimates with the Q1 result, can we expect SBIN to support the market?

Stock-Holmes

Trendline breakout. Can buy for long term.

Stock-Holmes

An extended head and shoulders pattern looks like an inverted spider or an inverted crown. Can it go for 8200??? A stretch of imagination to the chart pattern.

Stock-Holmes Updated 

Triangle/ Trendline breakout.. Good for a short-term trade.

Stock-Holmes

Triangle breakout and retracement. Good for positional trade.

Stock-Holmes

Looking good for the long term. Targets are marked in the chart.

Stock-Holmes Updated 

BREAKOUT AND RETRACEMENT... 1560 TO 1580 SOON

Stock-Holmes Updated 

Bullish only for the immediate short term. 16000 is a strong resistance. With the market bubble in place and with Q1 results of most companies missing estimates, the upside seems to be limited.

Stock-Holmes Updated 

FLAG ON A POLE TRIANGLE BREAKOUT LOOKS GOOD FOR A LONG RUN

Stock-Holmes Updated 

3150-3160 should be a good buy price. Go short in the near term.

Stock-Holmes Updated 

THE SCRIPT HAS BEEN CONSOLIDATING FOR THE PAST 6 MONTHS FORMING AN ASCENDING TRIANGLE. LIKELY TO BREAK OUT SOON. CAN EXPECT A MINIMUM OF 15% MOVE IN THE SHORT TERM. TARGETS 1700 & 2000.