TradersVenue

TradersVenue Updated 

#HDFC near neckline resistance. Make or break level for the stock. #Caution. Would like to go #Short and if breaks out then use SAR and go #Long.

TradersVenue Updated 

#Tatamotors on the verge of Box pattern breakdown. Trading near the neckline. Bearish.

TradersVenue Updated 

#Ultratech has formed rounding top candle stick pattern on daily scale. Breaking the neckline of 7285 it can go down till 6685 which is copy book target for the stock.

TradersVenue Updated 

#Silver has formed double top pattern on weekly scale. Breakdown below neckline 62230 can lead a downfall upto copybook target of 51500 which is next demand zone.

TradersVenue Updated 

A weak candidate with TradersVenue score 4 Star bearish. Good to short with protection for August series.

TradersVenue Updated 

#IndusIndBk looks weak with RSIStairs below 40. Stock trading near major neckline support once taken out can slowly head towards 813. TradersVenue score 4 Star bearish.

TradersVenue Updated 

#HindUnilever looks weak. TradersVenue score 4 Star bearish. RSIStairs trading below 35. A potential short candidate with protection for August series

TradersVenue Updated 

RSIStairs breakdown with TrendTrader turning red. A potential short with protection in August series. TradersVenue score = 2 Star Bearish

TradersVenue Updated 

#Gold looks good to #Long at current levels. Trend & momentum score = 4. Possible upside of 5-10% in short to medium term. SL = swing low 47450.

TradersVenue Updated 

Both indexes given swing buy signal. Good to stay #Long with protection till 15636/35040 is defended. Hedge is must as premiums are low and volatility compression in progress. Once it breaks out in any direction move can be big.

TradersVenue Updated 

#Reliance looks good for a #BTST for a target of 2153. Today price volume action looks strong and can trigger short covering. Good to go with a protected bullish spread.

TradersVenue Updated 

#BajajFinance notices #DarkCloudCover pattern on daily scale. Will be interesting to see price action below 5975. In #Short wish list for July expiry.

TradersVenue Updated 

After a fantastic rally, #AsianPaints has made a #BearishEngulphing chart pattern on daily scale. Below 2990 one may think of booking partial profits whether he is interested to #Short or not.

TradersVenue Updated 

HnS formation in progress in #BhartiArtl with neckline of 518. Need to wait for a breakdown confirmation. Not sure if any correction is due in markets or not. But if it does, stocks which lead the fall can give a big dip than those who participate later. Any #Short near Nifty ATH must be hedged.

TradersVenue Updated 

#IndusIndBk has given first sign of breaking down below 20 DEMA and major neckline of 1003. 979 is 50 DEMA and 965 is nearest neckline support once taken out it can turnout to be a #Positional #Short with protection.

TradersVenue Updated 

#HDFCBank future looks good to short for target of 1434/1384. SL = 1523 on hourly closing basis.

TradersVenue Updated 

Multiple patterns seen in #BPCL weekly chart. Stock trading near a major neckline resistance of 481.7. Once this is cleared then . #CupAndHolder #AscendingTriangle. Text book target for these two patterns stand at 637/709 respectively.

TradersVenue Updated 

#HDFCLife looks bullish on daily charts. Stock trading above all major short/medium/Long term moving averages. RSIStairs turned bullish. ADX rising. Stock trading higher after a #VSABreakOut 2 days back. Stock is ready to move higher towards 728/745 as #Long as 661 is protected on DCB. Trend & Momentum Score = 3* Bullish in daily/weekly/monthly TF