One of the strongest stocks showing signs of distribution in the range of 2400-2500. Can the stocks visit its 200 - EMA around 2000 zone in a month or two ??? Well probably Yes. A break below 2400 can test 2241/2170 and 2000 zones to touch larger degree support. From, Raju Anagadi Vishwanath, MS, CFTe Traderz Hut www.traderzhut.in
The charts of Lovable Lingeri has broken out of a rounding bottom pattern along with swing high of mutli-year with stock gaining momentum can test 198 - 235. Thus, it is advisable to accumulate the stock around 140-146 with stop of 128 below on closing basis for targets of 198-235
Godrej Properties is moving in a range from 840-945 from quite a long period of time. Now charts suggest could be a possible breakout on upside can test 1040/1100 zones by the end of this month.
NIFTY fall from 12025 to 11660 fall has retraced by 0.234 percent at 11950 zones. Now NIFTY facing hurdle near 11950 with 11820 as important support. In short term broken below 15 min trendline support. Keep finger crossed as big move can unfold. Unless 11950 is crossed alternate counts not in place.
Adani Ports Positive momentum trying to cross above 367 can gain towards 400+ with 350 SL
Blakrishna Industries gaining momentum after bullish pattern breakout can add gains to the rally with potential tgt of 1640/1700+
the is on verge of momentum breakout
SBI life on the verge of bullish downward sloping line above 850-855 can test 1000 with 200 DEMA @ 820 and support @ 807-801
HDFC life has broken out of a sloping channel flag kind of a pattern can test 640/680 zones
HDFC Bank forming Bearish Head & Shoulder Pattern A break below 1235 can trigger big sell off The stock could test 1100 zones