bearish signal on NTPC 12 min chart
HDFCLIfe has broken Trendline and also trading above its key resistance. Good for some short term returns in range of 10-15%
SBILIFE has closed above its terndline and is positve in the mid term. Expecting a target of 5-10% returns from here on
Aegis logistics likely to break out and hit short term target of 200.
I will initiate a buy position for long term investing.
Negative divergence on NIIT Tech on 15 min charts. Might correct tomorrow.
Cipla trading in a rectangle after a solid up move and likely to breakout upwards from here.
Asian Paints after completing its 5 Elliot waves is nearing its 50% retracement levels at 1650. a possible bounce of 10-15% expected from the retracement levels.
C&H pattern on Hexaware.. The outlook is not good but the pattern is strong.
Nifty Likely to complete the 5th Elliot wave may be in the 1st week of May.
Honeywell Automation makes a Triangle and a rectangle pattern and is set for a breakout above its current resistance levels
Aurobindo Pharma has made a Flag patter and seems it will breakout upwards in the next few trading sessions. PS: I am a student and trying to research what I have learnt