Recently real estate companies have shown strength. accumulation can be seen clearly in this script on daily TF.
Most conservative tgt is 155 but this script may trap longs by forming a fake red maribozu candle. Either wait for that dip to enter or enter now with your SL and my Tgt.
Have a safe trading week.
PS: Nifty is all set to touch 9500, but before that...
Bearish gartley leg one completed. CMP 512 , gartley Tgt1 - 478-481 which can be considered as a pullback to Fibo level of 31.8%.
After this pullback, momentum move expected till 695 .
Take trades as per the levels mentioned in the chart.
Trade cautiously as per your risk capacity. I have every right to be wrong.
HDFC retraced after a pull back to 38.1% fibo level on weekly charts. Harmonic Shark pattern is forming on weekly charts as well. IF rebounds from current levels, tgt1 will be the control price of the value area and after that 38.1% level. All the levels are mentioned in the chart. If it breaks this support on closing basis, possible tgt is 1.13 ratio of Shark...
This stock is forming flag and pole and moving up. It is near its control line of the parallel channel. If manages to hold 3126 low, it can move 100 points from CMP or else will move down the lower value of parallel channel. Trade as per the market moves next week. Remember key level is 3126 for long and below that short.
Apollo hospital is moving in a channel. The channel upper price zone is 1850, so selling zone becomes 1850-1800. Take a short entry based on smaller time frame.
There is negative divergence in RSI on daily TF.
Data suggesting downside. Expecting flash price movement of 100 points downside.
Trade as per your risk capacity.
All charts are published only for...
The stock has broken a well-established trendline resistance and moved up. But price action is not convincing enough for next 100 points rally.
Current data suggests it will touch the trendline again before making the up-move..
Conclusion: Short term retracement, long term bullish.
Take your trade at your own risk. This study is only for educational purpose.