db_super_chartist

db_super_chartist Updated 

Apollo tyre has given a breakout from Symmetrical triangle for a target of 230. Stop loss is to be kept below 178 on a closing basis. Let's see how it pans out. Disclaimer: - These views are for educational purpose only and not a recommendation.

db_super_chartist Updated 

Voltas testing the resistance of bullish pennant. Seems good if it moves above 918 for a target of 990+ levels. View negated if it moves below 885 level. Disclaimer: - These views are for educational purpose only and not a recommendation.

db_super_chartist Updated 

UPL is showing a good breakout from symmetrical triangle pattern after consolidating for more than 3 months. Even the volume was good on the breakout day i.e. 8th Jan. It could reach 600 levels from the current market price. There is a small resistance near 520-525 level and further it might face resistance near 600 level. Let's see how this pan out. Disclaimer: -...

db_super_chartist Updated 

L&T Fin Holding is trading in a flag pattern and might give a breakout 1 or 2 days. If it break above 105 then it could move further to 113-115 levels. Lets see whether the view holds or not. Disclaimer: - These views are for educational purpose only and not a recommendation.

db_super_chartist Updated 

BPCL is trading inside a symmetrical triangle and waiting for a move in either direction. Have tested the upper resistance line quite a few times, till now there is neither a breakout nor a breakdown, lets see how it pans out.

db_super_chartist Updated 

NALCO is forming a head and shoulder pattern in hourly chart. From chart it seems it could not sustain above 47.55 its long term resistance. If it gives a breakdown it may fall to 44 level and then ultimately to its short term support of 41. View negated if it moves past resistance of 47.55. Disclaimer: - These views are for educational purpose only and not a...

db_super_chartist

Sun TV has given a breakout from a Cup & Handle pattern in daily time frame. The only caveat is lack of volume after breakout if it shows a healthy green candle above 509 with good volume it would be a good sign. It may try to move towards 620 level. Disclaimer: This view is for educational purpose and not a recommendation.

db_super_chartist Updated 

Hero Motocorp has given a breakout in 2H time-frame from a symmetrical triangle pattern that too with decent volumes in daily chart. Also the daily candle formed in the chart seems like a Bullish Marubozu (with slight approximation). All these signals are indicating that 3350 seems to be in card and might act as the next resistance. Disclaimer: - These views are...