dhirendrashukla88

dhirendrashukla88

TECHNICAL OUTLOOK - SUNPHARMA MADE ASCENDING TRIANGLE IS A CHART PATTERN , ASCENDING TRIANGLES ARE CONSIDERED A CONTINUATION PATTERN,RSI ALSO GIVE BULLISH DIVERGENCE BUY BETWEEN = 505 TO 512 FIRST TARGET = 540 (VIEW FOR 10 TRADING SEASSION) SECOND TARGET = 605 (583) VIEW FOR SHORT TERM 30 TO 40 TRADING SEASSION SL = 470

dhirendrashukla88

TECHNICAL OUTLOOK - UPL MADE EVENING STAR CANDLE PATTERN IN WEEKLY AND ALSO MADE HANGING MAN CANDLE PATTERN IN MONTHLY CHART, IN MONTHLY CHART VOLUME IS ALSO DECREASING, EVENING STAR IS A BEARISH CANDLESTICK PATTERN CONSISTING OF THREE CANDLES: A LARGE WHITE CANDLESTICK, A SMALL-BODIED CANDLE, AND A RED CANDLE, RSI IS OVERBOUGHT AT 70.32, MACD SHOW NEGATIVE...

dhirendrashukla88 Updated 

TVSMOTOR TAKING SUPPORT AT 200 EMA AND MADE HAMMER CANDLE AFTER DOWNTREND, HAMMER OCCURS AFTER A SECURITY HAS BEEN DECLINING, SUGGESTING THE STOCK IS ATTEMPTING TO DETERMINE A BOTTOM I THINK IT WILL TEST 21 EMA= 520 IN THIS WEEK, POSITIONAL VIEW IT WILL TEST 50 EMA SOON = 549 FAST TARGET = 21 EMA (520 ) IN WEEKLY CHART ( FOR UPCOMING 6 TRADING SASSION 11...

dhirendrashukla88 Updated 

BATAINDIA MADE SPINNING TOP CANDLE RSI = 72 , ADX SHOWING NEGATIVE DIVERGENCE. SPINNING TOP ARE SIGN OF INDECISION IN THE MARKET BECAUSE THE LONG UPPER AND LOWER SHADOWS. THIS INDECISION CAN BE THE SIGN OF UPCOMING TREND REVERSAL AND PRICE TOUCH UPPER BAND OF PRICE ACTION , I THINK IT WILL TOUCH 21 EMA = 1177 , THIS VIEW FOR THIS FEB CONTRACT FIRST TARGET=...

dhirendrashukla88 Updated 

OUTLOOK:- EXIDE INDUSTRIES HAS MORE CHANCES OF BOUNCING BACK THAN EVER. ON THE ABOVE CHART, YOU CAN SEE, THE STOCK IS NEAR ITS VERY STRONG SUPPORT OF 200. RSI AT OVERSOLD ZONE (28) I EXPECT IT CAN BOUNCE 20% AND 3-8% BOUNCE CAN HAPPEN IN A FEW DAYS. IT HAS FORMED "HEAD AND SHOULDER" PATTERN DURING ITS FALL AND ITS SELL TARGET (FROM THAT PATTERN) IS ALSO...

dhirendrashukla88 Updated 

WIPRO CAN DOWN 5% TO 10 % FROM CMP MADE HANGING MAN CANDLE , HANGING MAN CANDLESTICK OCCURS DURING AN UPTREND AND WARNS THAT PRICES MAY START FALLING, ADX SHOWING NEGATIVE DIVERGENCE, RSI AT OVERBOUGHT = 73 IN WEEKLY CHART, WIPRO PRICE AT UPPERBAND I THINK WIPRO WILL TEST 9 EMA = 358 FAST TARGET = 9 EMA = 358 ( WEEKLY CHART ) 7 TRADING SEASSION SECOND TARGET =...

dhirendrashukla88 Updated 

AJANTPHARM MADE DOUBLE BOTTOM IN WEEKLY AND DAILY CHART, IN WEEKLY AND DAILY CHART, MADE HAMMER CANDLE AFTER DOWNTREND WHICH MEAN SELLER ARE EXHAUSTED, RSI AT 29, ADX IS SHOWING POSITIVE DIVERGENCE, I THINK IT WILL TEST 21 EMA, POSITIONAL VIEW FOR THIS FEB CONTRACT 1ST TARGET = 1040 AND SECOND TARGET IS 1100

dhirendrashukla88 Updated 

LARSEN AND TOUBRO MADE HAMMER CANDLE IN WEEKLY CHART, RSI = 35 ( DAILY TIME FRAME ) A HAMMER OCCURS AFTER A SECURITY HAS BEEN DECLINING, SUGGESTING THE STOCK IS ATTEMPTING TO DETERMINE A BOTTOM, I THINK IT WILL TEST 21 EMA= 1286 IN THIS WEEK, POSITIONAL VIEW IT WILL TEST 200EMA SOON = 1327 FAST TARGET = 1286 ( FOR UPCOMING WEEK 18FEB - 22 FEB ) SECOND TARGET =...

dhirendrashukla88

OUTLOOK:- ASHOK LEYLAND HAS MORE CHANCES OF BOUNCING BACK THAN EVER. ON THE ABOVE CHART, YOU CAN SEE, THE STOCK IS NEAR ITS VERY STRONG SUPPORT OF 75. I EXPECT IT CAN BOUNCE 30% FROM HERE TO LEVEL 100 AND 8-10% BOUNCE CAN HAPPEN IN A FEW DAYS. IT HAS FORMED "HEAD AND SHOULDER" PATTERN DURING ITS FALL AND ITS SELL TARGET (FROM THAT PATTERN) IS ALSO COMPLETED. SO,...

dhirendrashukla88

OUTLOOK:- ASHOK LEYLAND HAS MORE CHANCES OF BOUNCING BACK THAN EVER. ON THE ABOVE CHART, YOU CAN SEE, THE STOCK IS NEAR ITS VERY STRONG SUPPORT OF 75. I EXPECT IT CAN BOUNCE 30% FROM HERE TO LEVEL 100 AND 8-10% BOUNCE CAN HAPPEN IN A FEW DAYS. IT HAS FORMED "HEAD AND SHOULDER" PATTERN DURING ITS FALL AND ITS SELL TARGET (FROM THAT PATTERN) IS ALSO COMPLETED. SO,...

dhirendrashukla88 Updated 

HEXAWARE MADE HANGING MAN CANDLE AT 200 EMA, THE HANGING MAN REPRESENT A POTENTIAL REVERSAL IN UPTREND, RSI AT 72 , I THINK I WILL SOON TOUCH 100 EMA = 352 FIRST TARGET IS = 352 SECOND TARGET IS = 335 (VIEW FOR 10 DAYS)

dhirendrashukla88 Updated 

HDFCBANK MADE SHOOTING STARE CANDLE AT RESISTANCE TREND LINE( 27-JULY - 18) IN DAILY CHART, WHICH MEANS SELLERS ARE BACK IN THE GAME, BUYERS ARE EXHAUSTED, I THINK IT WILL TEST 50 EMA = 2093 VIEW FOR THIS UPCOMING WEEK 11FEB- 15 FEB

dhirendrashukla88 Updated 

ASIANPAINT MADE DOUBLE TOP, ADX SHOWING NEGATIVE DIVERGENCE, RSI AT 68 LEVEL, I THINK IT WILL TEST 21 EMA = 1410 AND THE SECOND TARGET IS 1350, POSITIONAL VIEW FOR THIS FEB CONTRACT