akshay1808

akshay1808 Updated 

Tomorrow on NSE:NIFTY , if a red bearish bar appears, then it will be a three black crow pattern which will confirm long bearish phase! However if a big green bar emerged from day's opening price, it will be a Three line Strike pattern, which is a highly bullish pattern with 84% accuracy rate! See also my other posting in link below.

akshay1808 Updated 

Tomorrow on NSE:NIFTY , if a big green bullish bar emerged from day's opening price (engulfing previous 3 red bars), it will be a Three line Strike pattern, which is a highly bullish pattern with 84% accuracy rate! However if its a bearish red bar, then it will be a three black crow pattern which will confirm long term bearish phase! See my other posting also on...

akshay1808 Updated 

Mutiple bearish divergences in stochastics as well as negative MACD crossover makes NSE:RBLBANK as 'SELL' cadndidate! Short NSE:RBLBANK tomorrow with a target of 507(t1), 501(t2) & 496(t3). A stop loss of 517.3 is highly recommended.

akshay1808 Updated 

Go for long on NSE:NIFTY F/O for this month. Supertrend, a reliable indicator has given a buy signal for today accompanied by MACD Bullish signal. Buy NIFTY today aiming for a medium term target (Till April Expiry) of 10625(T1) & 11170 (T2). A Stoploss of 10100 is highly recommended!

akshay1808 Updated 

NSE:ENGINERSIN is showing a bullish pattern. Go long with a target of 168(t1), 176(t2) & 206(t3). A stoploss of 158 is recommended!

akshay1808 Updated 

NSE:ZEEL is going through a double bottom pattern. Double Bottom is a bullish trend reversal chart pattern formed after good bearish price move. MACD (15,50,9) as well as Stochastic Bullish divergence both are giving a buy signal as well. Go Long for a target of 597(t1) & 618(t2). Maintain a Stoploss of 558 (SL).

akshay1808 Updated 

A classic Double Top pattern has been formed on NSE:ESCORTS . A double top pattern is often formed on a previously bullish stock that is now currently showing a reversal to a bearish direction. This is a medium term positional call that is valid for 45-50 days. Interestingly, a stochastic bearish divergence (Triple) is also formed confirming an immediate fall in...

akshay1808 Updated 

Supertrend and EMA are giving a sell signal on NSE:HAVELLS on Renko Hourly charts. One can aim for 486 (t1), 470(t2) with a stop loss of 500. Although Renko charts give Buy/sell signal on their own that I will update as soon as I receives on chart.

akshay1808 Updated 

Stochastic divergence & crossover alongwith MACD bearish crossover observed in NSE:APOLLOTYRE . Short it at opening price (259-261), for a target of 254(t1), 250(t2) & 246(t3). A stop loss of 262 is highly recommended.

akshay1808 Updated 

NSE:NCC should continue with bearish phase next week. Bearish Stochastic divergence along with MACD bearish crossover are strong signals to take a short position on Monday. Sell at opening price (may open on higher side) or wait for price of 124-126 for better sale price entry. Target is of 116.5(T1) and 101.5(T2).

akshay1808 Updated 

A bearish stochastic divergence noticed in NSE:HDFC along with bearish crossover. This indicates a temporary bearish phase. Short at opening price (above 1800) for a target of 1780(t1), 1768(t2), 1755(t3). A stop loss of 1822 is recommended.

akshay1808 Updated 

In a very similar to Nifty (I shared an idea on it just 4 hours back), there's an observation of Stochastic Triple Divergence in NSE:DRREDDY indicating a bear trend. A short position is recommended with a target of 2004(t1) & 1904(t2). A stoploss of 2100 is highly recommended. Selling range should be (2040-2070).

akshay1808 Updated 

Its a cliche but falling in NSE:NIFTY is inevitable. Bearish divergence in Nifty is clearly seen that indicates a short term but a very steep fall in next week. Year end closing will be bad hurting Returns on Investment of lot of mutual funds. Short in opening trade on monday above 9980 (or upto 9965) with a target of 9933 (t1), 9686 (t2), 9548 (t3). A stop...

akshay1808 Updated 

It seems NSE:HCLTECH is in verge of breakout. Two reliable indicators giving a buy signal. 1. MACD (15,50,9) bullish crossover signalling to enter in long position. 2. Stochastic Divergence on bullish side which again gives a signal of immediate breakout. Buy above 969 aiming for a target of 987(T1), 1010(T2) & 1040(T3). A stop loss of 953 is recommended.

akshay1808 Updated 

Renko, supertrend & Aroon combo gave a bullish signal on NSE:INFY . Interestingly this is also confirmed by MACD 'BUY' Signal (not shown in this carts). Buy above 1189 for a Target of 1220(T1), 1236(T2) & 1258(T3).

akshay1808 Updated 

NSE:UPL is one of those stocks where it seems bearish phase is yet not stopped. Fresh signal are given by MACD crossover as well Stochastic crossovers. Interestingly both are also giving bearish divergences (observe down arrow) which confirms our short selling call. Short Sell in range of 700-705. Targets will be 693(T1), 680(T2), 672(T3). A stop loss of 709 is...

akshay1808 Updated 

As seen in above charts triple stochastic divergence is seen in NSE:SUNPHARMA giving a confidence of clear bearish phase. Short NSE:SUNPHARMA at 530 with a target of 511(T1), 498(T2) & 466(T3). Stop loss of 542 is recommended.

akshay1808 Updated 

NSE:ADANITRANS Stochastic Divergence (lower highs) showing further fall from current level of 194. Keeping a stoploss of 200, new short position with a target of 187(T1), 177(T2) & 167(T3) is suggested!