No doubts ~16000 is such a strong support. Watch the trend line.
Looks like a short term bottom(double) in place. Week's high !
Nice inverted Head and shoulders pattern on the FMCG pack
Raising its head for a short term bounce at least.
Nasdaq close to key long term support levels- watching closely
Apcotex Industries - Clean chart, clear breakout on weekly
Forming a base. Excellent set-up, once it clears the black line.
#Nifty - has to come back in the channel else trend is down
#Nifty - Until it comes back in the channel, the trend is down
#Nifty - Until it comes back in the channel, the trend is down
#Nifty , at this stage is looking a bit ugly. Lets see howz EOD.
#Nifty as long as the trendline is not broken EOD, should be ok
Cup and Handle Breakout on weekly charts for HDFC. Proxy real state play.
All is well! (as of now). Just gap filling. Trend/support intact
Breach of circled level, potential consolidation/correction
All The @Dmuthuk fans, ITC will become a long term buy when it clears this sloping trend line. Non- ITC fans may consider buying it , when it matters!
See the red line nifty still within the rising wedge. No break out yet. And well below the middle line of the parallel channel.