UBL, DAILY price may take some rest at 100 sma if it does'nt give support 200 sma may come into play.
INDUSIND BANK, DAILY symmetric triangle, end is nearing soon I expect the break towards downside. views are welcome
HDFC, DAILY supply & demand zone along with 100,200 sma holding the HDFC from heavy fall. Will the demand zone and 100,200 sma will be broken down? or will it rally towards the supply zone?
CADILA, daily downtrend, at all time demand zone, expected to reach the resistance once again as indicated in arrow.
AUROPHARMA interesting supply and demand zone with triple top pattern. If this setup fails to hold auropharma from falling, then 200 sma will safeguard the price. Expecting small down move then rally towards supply zone.
MANAPPURAM previously reversed from 113 levels and now again facing resistance at the same supply zone. Will it break the resistance zone? or will it travel in the same wave pattern? Above 115 target 120-130
JSW STEEL after a long downtrend given bullish breakout and above 50 sma. Will it touch 200 sma? or will it respect the channel once again? I'm bullish till supply zone 305 above 315 final target will be 330 sl 270
BALKRISHIND good upward breakout from downtrend channel. No doubt it will break the 50 sma and it will rally to 100 sma but 100 sma is a strong resistance for balkrishind because previously twice 100 sma has rejected the price from going up. target 915-920; sl 805
PEL after two failed attempts to break 50 sma (see arrow mark) now successfully broke 50 sma. Now heading towards resistance zone. target 2350-2400; sl 2255
Good times have started for BEML. Chart itself speaks better. Target 900, sl 770
GRASIM is heading towards 50 sma but there is a resistance will it break and hit 50 sma? Will there be a reversal at resistance or 50 sma GRASIM target 775-780; sl 740
SUNTV is going respecting upper channel, but now its having selling pressure so expected to touch the channel support. Go for short, target 555-560; sl 605
Kindly go through the image for description...
IBULHSGFIN is following the descending triangle channel and it is expected to kiss the channel support. Even if it breaks the channel resistance, we can expect a reversal from 50 sma and then back to channel.
PETRONET WEEKLY, descending triangle pattern. price will come down to 210-200
JET, WEEKLY price reversed from supply zone, now falling towards demand zone can expect 190-180 soon.
INDUSIND BANK, WEEKLY smells bearish my target 1400
HDFC, weekly approaching demand zone with perfect round top 1800-1700 for sure.