Yesbank getting ready for some action.. preferably on the downside
Banknifty back at channel wall. Will the history repeat or this time it is different.
Too early to speculate this but head & shoulder forming in Titan which would complete when price reaches at around 825-830 levels. Once below 825, price can get support at 800 and below which targets would be 755 and 725.
Trendline break RSI divergence Continuation of recent large volume move Stoploss and targets on the chart Much clearer in line chart
Longterm trendline broken… can short below today's low.. below 884 Stop-loss : 910 Target 1 : 842, Reward:risk of 1.615 Target 2 : 800, Reward:risk of 3.231
buy in the range 480-482 target 510 stoploss below 470
Colgate-Palmolive broke above resistance of 1175 with today's high of 1189 Channel height of (1175-1025) = 150 is the minimum expected rise from current price. Entry: 1190 Stoploss: 1150 Target: 1325 Risk-Reward: 1-3.375
short below 1240 stoploss above 1265 target 1165 risk-reward 1:3
RSI divergence forming on Daily chart. Good support near 300.. stoploss below 300 at 297 First target 333, risk-reward 1:2 If 340 resistance broken, next target 363, risk-reward 1:4.5
Broke major trend line with volume supported by divergence few days back CMP; 530 Target: 580 Stoploss: 520
Multiday support at 1100 Possibility of breaking out of triangle Go long in range of 1105-1110 for a target of 1195. Stoploss of 1085 which is below low of false breakout on the downside few days ago.
RSI & MACD divergence on Daily as well as weekly chart. Divergence can also be seen in weekly chart of CNX IT index. Short at 616. Stoploss 626. Target 566. Risk-reward: 1:5
Support of 920 which was broken last week was retested for resistance. Short position can be initiated below yesterdays low of 893.50 or as close to 920 as possible. Stoploss 920.5 Target 826 Risk-reward of 1:2.5
Downtrend more likely to continue in all time frames. Short sell if price breaks below Fridays low of 397.55 Stoploss at 405, target at 375.. risk-reward 1:3
Support broken and retested for confirmation. Good risk reward
around 24000 should be a good support also approaching channel wall this should take around a week to settle wait and watch.. get ready to close short positions make list of possible long scrips in banking sector