ankit3000

ankit3000 Updated 

Stock in strong uptrend,made a top of 7480 and witnessed some pullback. as soon it went below 20 Day SMA, pulled back sharply to form a Hammer on daily chart. One can go long in the stock at CMP 7265 With a stop loss of today's low 7153 for a retest of 7480.

ankit3000 Updated 

Stock is in strong downtrend since last 2 months. now it seems botommed out, last 15 days its forming higher highs and higher lows. One can go long at CMP 251 with Stop loss of latest swing low 239 which is also 20 Day SMA. Once it gains momentum, it will fill the gap till 320. 266,278,290 can be considered as intermediate resistence and partial profit booking points.

ankit3000 Updated 

Nifty showing too much indecisiveness. 7 Dojis can be seen in last 15 trading sessions. 3 hammers indicate bulls are not tired even after a long run. If recent Swing high and low are connected, we see today's close is at 78.6% Fib Level which is also 20 days SMA. one can go long here with a stop loss of recent swing low 9560 with open targets

ankit3000 Updated 

Stock in strong upmove. Recently it has seen narrowing bollinger bands followed by another spike in price. Today a block deal caused sharp retracement and it closed on 61.8% Fib Level at 191.50 If it managed to stay above the level one should go long at CMP with stop loss of today's low 174 with open targets.

ankit3000 Updated 

Mcdowell is looking to fill the gap as indicated on chart. After Making a top on 2500, it retraced back sharply and moving around 38.2% Fib Level One can go short in stock around 2275 With a Stop loss of latest swing high 2325 with a target of 2125

ankit3000 Updated 

Vedanta Ltd moving into channel. Recent swing low shows Divergence in Stoch if compared last swing low. Since its again approaching top of the channel, once can go short around 245 with a stop loss of 251 with Target of 235-230

ankit3000 Updated 

Stock witnessed a sharp fall from the top (700) to 38.6 % Fib Level (543) and then Bounced back to 23.1 % Fib Level (600) One can go long in the stock at 600 with Stop loss of Latest Swing low (582) with a target of 690.