A long term trend cycle has been completed and accumulation in progress. I would not be surprised if it touches 750+ in a couple of months
L & T Technology Services getting ready to resume bull run. Target 4500 Stop loss 2850
TCS on breakout and retest mode. Short at 3475/- Expecting 3250/- SL 3580/-
Glenmark in rising channel . Looks like good accumulation since August. At good risk reward
ZEEL at the Bottom of the trend line
Network 18 in day TF chart shows in consolidation since September. Technical analysis: At the bottom of the rising channel with good risk-reward. I am a web/online guy and been behind this stock for quite some time and closely monitoring their growth. Reading their quarterly reports as well. With the increased number of news18 channels and online presence, I...
- ICICI LOMBARD GEN forming triangle pattern in one hour candle. Though it had break down due to steep NIFTY fall on 21-Dec, it is back to range. Keep an eye on it for possible breakdown. - MACD cross down on signal line done on 11-Dec, on daily chart. - Lower high is formed on daily candle chart. - 5 days EMA is about to cross down 13 days EMA.
Solar industries shows 5, 13 and 26 EMA crossover on daily chart with high volume. Buy for long on next retracement in hourly chart.