Adani Power has formed bearish harmonic bat and also broken the symmetric Triangle. It looks like its going to go further down Short Below - 30.20 Target 1 = 27.50 Target 2 - 25.90
Bank of Baroda is at its 1 year support range. Can go long above 139 T1 - 149 T2 - 156 SL - 124
NSE:CADILAHC has formed bullish gartley setup. Can go long above 473 T1 - 487.50 T2 - 501.50 SL - 451
For last 3 months Dabur has been trading in the range of 300 to 320 range. Even when nifty fell to 9700 range Dabur dint broke the 300 range. This shows us 300 being a strong support. One can go long once the 325 range is broken. For now one can sell Dabur October 300PE at 2.30.
Adani ports have hit double bottom and reversed Long above - 378 T1 - 386 T2 - 400 SL - 370
Relianceinfra has bounced from its one year support range Go long on above 477 Target 1 - 491 Target 2 - 512 SL - 463
Hindpetro has bounced from its support with big surge in the volume forming hammer in daily chart. One can go long above 429 T1 - 444 T2 - 473 SL - 402
Titan has bounced from its support forming a hammer like pattern. One can go long above 583 & above T1 - 600 T2 621 SL - 562
One can short PETRONET below 231 T1 - 227 T2 - 224 SL - 235 This is a Intra day setup Note - Not a perfect bat pattern as XB and BD ratio is not perfect.
Reliance Capital is at its 2 month support level. One can go long on RelCap above 630 Target 1 - 673.30 Target 2 - 714.50 SL - 590
Nifty monthly chart looks bearish. In 2015 nifty topped at 9113 and went to bottom of 6850. Now 2017 it topped at 10170 and reversed. Whats next? Will the bears continue to have the upper hand? Just for educational purpose only.
Rec is at the support line of the Symmetric triangle. Can go long above 165.40 Target 1 - 179.30 Target 2 - 196.36 Stop Loss - 148
Canara bank has formed triple bottom and has bounced from its support level. Will it break the triangle in this bounce? Go long above 330 T1 - 338 T2 - 352 SL - 315
Bank nifty has bounced from its crucial support and closed above 24000. Will go back and reclaim 24500 in the coming week?
Nifty has bounced from its strongest support level of 9700. Now it will go back to reach 10000 levels again.
Jubilant food has formed Symmetric triangle in the daily chart Go long above 1395 Target 1 - 1436 Target 2 - 1471
Nifty has formed double bottom. Will it reverse from here? Breaking this will make it fall more.
Bank nifty has formed Triple bottom. Will the fall stop here? Breaking this will take it 23000 range.