JINDAL STEEL looking bullish, Trendline break and retest and candle closed above resistance level (Seems to be W pattern as well), May enter around 1038 for the target around 1400, stoploss should be around 868. Note :- Above view is for Educational purpose only, please do your own analysis before taking any trades and one can not put more than 5% from total...
INDUS TOWER LOOKING BULLISH, THERE IS MULTI YEAR TREND LINE BREAK AND FORMATION OF HH AND HL FORMED, IN SHORT TERM IT MAY REACH AROUND 340 THEN 450 LEVELS. HH = Higher High HL = Higher Low LH = Lower High LL = Lower Low This is for educational purpose only, do your own analysis before investing and try not to invest more than 5% of your capital.
ITC looks bullish, can see W pattern (not strong one but it is aligned with trendline), can enter at 466 with SL at around 388 for the targets of 548 then 630. --> do not invest more than 5 to 10% of your capital, do your own analysis before investing/trading so you can have confidence to stay in trade till targets. This analysis is for only Educational purpose.
Falling Wedge Pattern breakout in daily time frame, looks good to enter long positions, risky traders can enter above break out candle (3020 levels) there is some resistance above break out candle conservative traders may enter above 3080 levels with stoploss of swing low (at around 2640 levels) for the targets of 3300 and above levels. -- Above analysis is for...
Raymond seems forming a cup and handle pattern (round bottom now) and we can enter above 2140 for targets of 3020 and above levels, (investment call stoploss may is below the round bottom at around 1440) --> This analysis is only for Educational purpose only, please do your own analysis before investing or taking a trade call so you have conviction to stay with...
There is Cup and handle pattern in Weekly and head and shoulder pattern in daily time frame(not a perfect patterns but can be consider ), looking good for long and one can enter above 4020 levels (should sustain above 4K level) with stoploss at around 3366 levels for the targets of 4600 then 5400 later further 5400 levels if trend continue. -- This analysis is...
Nifty looks bearish and it is at support level and we can see bearish "3 Drive pattern", if it breaks and closes below the trend channel we might see nifty touching 21000 (Upcoming election results could impact the trend though!?), time to be cautious in the Market and better to wait till election season completes. -- Analysis is only for educational purpose...
BajajFinSV took a resistance at trendline and broke pattern, looking week now, if a day candle closes below 17000 then it might go down till 16000 and 15000.
Aegis Logistics Limited is looking good to enter long position, head and shoulder pattern along with long time resistance about to break, we can buy above 415 with stoploss at 345 for the target of 1:2. - before invest do your own analysis which will give you the confidence to stay in the trade till you achieve the target - educational purpose only.
Head and shoulder pattern in Shreecem, though Index is in full bearish mode Shreecem is consolidating and giving some momentum in day, one can plan longs in Shree cement above 24600 with swing low as SL.
There is pole and flag pattern break in DMart, looks good for longs above 4340 with stoploss at around 3020 levels for the target of 5600 (there may be some resistance at around 4980 levels) then 6200. --This is for educational purpose only, do your own analysis before investing and do not put more than 5 to 10% of your capital in one stock.
An year trendline break and there is a support from 3000 to 2950, if 1day candle close below 2950 we can sell it for the target of 2650 range, you can find recent swig high in hourly chat for stop loss once 2950 break - Educational purpose only.
DR Reddy is reacting from a Monthly Demand zone and having Trendline resistance, if a day candle closed above 4780 we can look for long for the targets of 4900 and 5000 in short term with stop loss of 1hrs swing low once the trendline breaks. This is just for educational purpose do your own analysis before taking any trade.
There is support for nifty between 16800 and 16400 zone, if 16400 breaks then we can see 16000 levels. currently Nifty seems very week. -Educational purpose.
VGUARD is at multi year resistance and there will be long chance and there is a weekly trendline to be broken along with the resistance and a upward channel, if a daily candle closes above the channel and resistance zone and trendline then we can take positional trade and stoploss should be below swing low or below recent demand zone . - Educational purpose only...
There is Head and Shoulder pattern in Kotak bank weekly chat if markets continue to fall we might see price of kotak bank can come down 1600 and further down. If markets find some support Price of kotak can be reversed and go up after breaking the HnS neck line.
There is Head and shoulder pattern forming in Ultratech cement if it breaks 7000 (neckline) we may see new highs in Ultratech. if it faces rejection at neck line it may go further down.
Sunpharma looks very bullish, Monthly and weekly is on raise and there is CUP and handle pattern in play and daily resent resistance has been broken, we may look for longs when it come back to test daily resent resistance at around 950/60 levels with stoploss to recent swing low, we may see some resistance at 1000 levels. -Educational purpose only.