Bearish butterfly pattern It should be reverse from PRZ level (320) for again 302-297 levels Pattern invalidated if closed above 333 level. Wait for reversal confirmation.
A long upper wick in L&TFH from the Potential Reversal zone, Might as well test Point 61.8% fib retracement level (i.e. 111) view invalidated above 145 level LCP 132.6
#indiabulls housing finance: -RSI bullish divergence. -Triple bottom formation completed -Long time consolidation to be over above closing of 125 Buy for target of 160 for short term and 280 for 2-3 year horizon with sl of 90 rs. Breakout Candidate.
RailTel Corporation of India Ltd. is an Indian public sector enterprise which provides broadband, VPN services and to modernize train control operation and safety system of Indian Railways. Weekly closing above 135, open the door for ATH. Traded above 20/50/100 EMA RSI near to 60
RSI 60+ Making HH after making swing HL 3370-3400 level possible in short term. Last Candle low is SL.
Breakout retest and bounce Next resistance is 2060
#SBICARD (M): - Double bottom reversal pattern - Current Half month volume is equal to last 3 months volume (Volume arise) - Good result declared - Probability of W pattern which create target of 1150-1175 - Follow the Lower TL as a SL. - Good R:R
Reliance faces resistance at near TL Short Reliance Fut @2348 sl 2375 trg 2320-2300
Bank nifty Making LL on Hourly chart confirms the trend reversal. View only negated if close above 43725 level Now BN is sell on rise Mode 41900-41500 is possible
Traded Above 20/50/100/200 EMA on daily chart TL break out with volume Now ready for 104-115 level if sustain above 95
- Despite of good bounce from 52 week low in last week, trend till in bearish phase (No higher high) - If it fails to close above 556 level, again 465 level to be seen as continuous bearish pattern.
TL break out confirmed. Volume increased today Trend reversal confirmed above 195.25 closing, Sl 165 target 250-300
-ADX and DI indicates the strength -RSI also near to 60. Good accumulation since last 3+ month -Closing above 66.5 (Accumulation box and above 200 EMA), open the door of the sky. Will see the target of 83-109 in short term. Invalidate the view if close below 55 level
- Closed above 75 with volume. - The breakout candle low 68 on daily closing basis will be a good support - Upside can extend towards 100 and 140 with SL of 68
- Good accumulation done - Make lower low an going to make higher high on weekly chart - Now @61.8 % retracement level as well as on 52 week high so feel some resistance here. - If break and hold 957 level on weekly basis than 1000-1035 level possible. - View negated if closed below 895 level on weekly basis.
Buy pidilite above 2360 on daily closing basis for target of 2550+ Range break out after consolidation.
Breakout retest and uptrend continue Now next stop is 320+ in near term and 350+ target for Medium term with SL 260 level
Break major support. If close below 41700 level then 40000 is the next support and 41850 is work as a resistance level. Sell on rise structure now...