Nifty is very close to breakout. On friday, second trading session was very bullish. I suppose we should get valid breakout on 16/09/2019. Long : On or above 11034 Target : 11608 stop loss : 10950 Regards, Vikram
I was very positive for inverted head and shoulder breakout on Monday i.e. 16th Sep 2019 based on the Friday closed and keen towards to go for long. But, we have received bad news from international market, saudi oil attack, which pull market down and given as break out for symmetrical triangle. Short entry : 10864 stop loss : 10950 target : 10345 Regards, Vikram
If you look at the weekly chart, you will come to know that, Grasim is near to weekly and daily breakout. Grasim has completed weekly head and should and about to breakout daily chart for symetrical triangle. If Grasim close below 700 in spot the i am possitive about down trend. Grasim has retested neckline recently. Fresh short entry ; on or below 700 Stop...
If CIPLA closes below 480 this week then we should get the opportunity to but CIPLA again at 369. Let's see. CIPLA is near to breakdown for 3 years long horizontal support.
I am very positive for 840 target in the short term.
AUROPHARMA, Aurobindo Pharma Ltd had given breakout for Flag chart pattern. Definitely, it will be bullish. Entry : 595 Stop Loss: 584 Target: ~660 I hope, we will get this target less than 5 to 6 weeks. Regards, Vikram
Last Friday, IOC has given a confirmed breakdown on 42 weeks on ascending triangle pattern. Entry : 143 - 144 Stop loss: 145 target : 110 Regards, Vikram
BPCL is about to breakdown from the Ascending Triangle chart pattern. Sell: 377.5 Stop Loss: 383 Target : 255 Regards, Vikram Divekar
It seems that, we will get breakdown in CTSH shortly. Lets see