clear head and shoulder breakdown on daily timeframe shows there is more downside move can continue, stay cautious ersonally shorted near 611waiting for any reversal candle to close my trade
For next week analysis:- charts are poisitoned for a big sell of till 43300 with an upside limited with sl of 44650. If targets come do not forget to invest in BankNiftyBees
buy for next high i think with diwali season picking up bajaj auto share price will move to higher high
can short near opening levels for good down side move
Its time for flag and pole to act again with winter season storages buying coming can we hit 300 mark? lets watch and i suggest to buy with a good risk reward here
Stock price action suggesting a higher target of 3450 and 3500. buy on dips till 3100 sl will be 3050
Price action is suggesting like it’s in formation of inverse flag pole one can enter short near 3670-3700 for 3500,3450 and 3400
Chola fin have seen too fast to big run in recent times it’s time cool things little down let’s see if can sell it near 1100 sl 1120 for 950
Looking at price action 245 levels are causing resistance in 2-3 sessions it will be clear selling pattern or bullish breakout happens sell near 243 for 236 or if breakout happens 260 at least form 245 lets see how market turn out after 2-3 sessions
After downward sloping channel consolidation breakout in adani ent looking for a spiked growth again lets see if it comes this week or next. Adding adani ent 2560 for 2700 and more.
After results shock buyers supported the price and looks confident for higher prices. On 15 min chart pole flag pole is in formation suggesting BUY for 1650 Targets can buy near breakout.
inverse flag and pole visible on charts. on daily charts after high of 590 there is double top and slipped clearing showing lack of interest in banking sector, shorting sbin 578 for 562 and 552 sl 582.
Charts show macd divergence and with the last wee closing candles suggesting much needed correction is on the way on this stock will start shorting from 4800 and will wait till 4620. Do remember there is 140 rs dividend adjustment coming on 30th june
For the week 12 june to 18 june Adani Ent is looking to be in downward sloping channel with the higher range of 2451 to lower band of 2360. Trade between the the range.