UnknownUnicorn381249

UnknownUnicorn381249

Auropharma reached the support zone on weekly chart. Coming expect upward bias and watch the broken trendline for resistances

UnknownUnicorn381249

HDFC is consolidating for the past 10 days in the range 1175-1200. A close above 1210 should take the stock to 1238. Watch for fib level resistances. SL for long is 1175. The stock is at weekly support and very unlikely that it breaks on downside.

UnknownUnicorn381249 Updated 

tata motors chart indicates that it bottom out for now. Along with time the bottom confirmed with price at multiple support levels.It has been 90 days since the last high. One can long for higher targets and immediate target of 445

UnknownUnicorn381249

Reliance formed a ascending triangle. A breakout out above 1007 will lead to 1014 the resistance zone.

UnknownUnicorn381249

NIfty broken the support trendline on 15 mins and there is a rsi divergence. One can short below the resistance or If nifty goes back into the trendline buy with the low as SL and 30 points target

UnknownUnicorn381249

SKMEGG bounced from lower trend line The low was squared. One can go long for target 58 with sl 51

UnknownUnicorn381249 Updated 

Ambuja cements channel. SL 238 on closing basis . target is 255.

UnknownUnicorn381249

We saw some recovery in Nifty and closed near lower trend line. Fib supports and res are to be watched.

UnknownUnicorn381249

Auropharma has made a high of 891 on 12--28-2016. Since then it has been heading lower and Recently it made a double top at 895. The last top was squared at 30 days timing on coming day. Also The stock showed recovery from the trend line support. Adding to that the stock never corrected for more than 4 weeks in the whole up trend. So next week will be very...

UnknownUnicorn381249 Updated 

If you observe the nifty chart there has been a strong descending triangle pattern on break of 8540 one might jump into shorts and carry on expecting more downside,but immediately the market bounced off from the lower and trend line making it as a Falling wedge pattern.Now if nifty closes above 8550 go long. The patterns dont fail they transform from one form to another

UnknownUnicorn381249 Updated 

HDFC approaching resistance zone. Previous low perfectly sqaured at 40 days. (38 days to be precise). Trend line suggests that there is a top possible today or tomorrow and moreover there is a pivot at 1438.Look to short at that level.

UnknownUnicorn381249

TATASTEEL has formed a strong raising wedge.Took resistanc at previous pivot 407

UnknownUnicorn381249 Updated 

TATA STEEL was looking good till mistry's mytery. Now that all the TATA stocks are dragging and weak markets before US elections and very Crude Oil, markets may not witness any rallies. Using this TATA group may be chosen as scapegoat. 379 is the trend support.below which we can see 350 levels.Bounce from the support zone can be used as a buying opportunity only...

UnknownUnicorn381249 Updated 

Coal india has formed a falling wedge on 1 hr chart. above 330 340 shld come

UnknownUnicorn381249

The stock stills holds the trend. No congestion so far. If channel holds tomorrow one can enter again.Breaking the channel is the only concern as of now