Nifty still forming inside candles after 18 may . Wait for this range to break . That will define the next direction . Till then for me it will be no trade zone . Long above 9160 and short below 8800.
Target 678. Coming out of consolidation zone. Pharma sector is ready for second round of Up move. Cipla and AuroPharma can be a good buy short term
Looking Good. Wait for it give closing above 625. That will end its consolidation . Target 680.
Near trend line 3rd time, wait for it to break the trend line and give closing above trend line before initiating trade . Target 1000++
Bank nifty is weaker than nifty. Standing near last support
Nifty formed Inside candle today. I will wait for range to break , that will decide my next direction of move.
Stock is consolidating near strong support area . Keep a watch on this stock for next move.
Sharing some of my analysis and understanding about AsianPaints. 1. Strong support around 1510-1520. 2. Breakout from Descending triangle chart pattern Target 1580 (for short term). 3. Good place to buy for short term because risk is low. 4 . Good Risk to reward ratio.
Price is near resistance. But price is not falling from resistance zone. Price is sustaining near resistance , so could see a breakout. Buy only if price sustain above 1015.Target could be 1188 .
keep a eye on this stock. 3rd time going to touch 568. if broke could see 630
Multi year breakout , could see target of 1200+