darshandedania

NSE:TATASTEEL This counter looks weak, if starts trading below yesterday's low then it will start down word journey.

NSE:BAJAJFINSV This counter has closed below 6000 level which was a crucial short term support. If this counter starts trading below yesterday's low then it can show downward journey.

NSE:ICICIBANK Triple bottom is seen in Icici Bank and it is holding above that level. We can see higher level from here.

NSE:NIFTY Nifty was able to hold channel low on Friday and created HAMMER patter at the bottom of channel which is a bullish candle stick patter. There are high probability of reversal from here.

NSE:TCS After a good upward run, TCS has shown some healthy correction and now trading around previous Break out range. High probability of resume in upward journey from here on wards.

NSE:HDFC If it starts trading above Friday high then there are high probability it may retest upper band of channel in upcoming days.

NSE:RELIANCE A close outside this triangle patter will lead to new all time highs in this stock.

NSE:BANKNIFTY Nifty Bank took support of trendline and bounced back. But now it has reached to it's temporary resistance level. If it starts trading above Friday's high then it can show some fireworks.

NSE:NIFTY Technical analysis: 1. Nifty took support at 50 DMA 2. If you see Fibonnaci retracement, it retraced upto 38% and turned back on higher side OI data analysis: 1. It respected 11400 where we had highest OI in PUT side. 2. Yesterday we had equal number of OI on 11500 PUT and CALL but at the end Bulls has won the...

NSE:NIFTY On Consecutively second day nifty formed an inverted hammer pattern which is bearish reversal sign. Option chain data suggests small short covering at 11500 CE plus heavy PUT writing is seen at 11500 PE which indicates it is difficult to break 11500. One can go long in Nifty with 11500/11490 as SL.

NSE:BANKNIFTY Bank nifty took excellent support at support line. It created inverted hammer pattern which is a sign of bearish reversal. I think one can take a long position in Bank Nifty with SL of trendline on closing basis.

NSE:NIFTY After breaking channel Nifty retraced to 23% from all time high. Today it created inverted hammer pattern which is a bearish reversal pattern. Also there is considerable position in 11500 PUT so if Nifty starts trading above 510 one can go long.

NSE:MOTHERSUMI Motherson Sumi System breaks down from triangle. More downside expected if starts trading below today's low.

NSE:HDFCBANK Hdfc bank is following downward channel. If breaks trendline support then it may test lower end of channel.

NSE:HINDUNILVR After breaking trendline it fall to next trendline and closed at support zone. Closely track it there are chances of reversal from here.

NSE:NIFTY Nifty may take a support at current level. If breaks trendline then more downside expected.

NSE:NIFTY Tomorrow if Nifty starts trading below today's low then it is a short idea.

NSE:KOTAKBANK Inverted flag breakout but resistance at 1300. Watch out it when it crosses 1300.