Today HDIL daily candle is strongly bearish and closed at 62.05. Now I am looking at HDIL weekly chart and there is head and shoulder pattern breakdown is seen. Today low was 56.60. If am looking at monthly chart then support comes around in the 50-55 range. If it goes below that level then next support is around 25-30 zone. so my view is strongly bearish on hdil...
Jayant agro one of the best and fundamentally sound company given multiyear breakout someweeks back at around 180 level. after that given high of 600. now in this market fall stock is down almost 30 % and is around 420 level. The way stock has broke all these multiyear breakout I dont think it will stop here or just around 500-600 level. you can expect much more...
Multibase india if am looking at weekly chart you can see it took 5 years from 2009 to 2014 in consolidation phase around 25-40. after it gave breakout and price went upto 10 times and given high of 342.50. Now again from last 1 year price is in the range of 300-200. can history repeat itself ? who will be on my side to enter in this choppy zone and wait?
Rajratan global a small company in auto ancillary segment doing great business. if I am looking at monthly chart stock given breakout around 600 level and given high of 875. now in current bearish sentiment stock corrected almost 30%. kindly use this opportunity to buy this stock at again 600 level. whenever market sentiment gets turn bullish stock can rally...
Today sarda energy closed at 257.95. Stock is in a perfect uptrend in both weekly and daily chart. Now i am particularly looking at RSI and as in uptrend rsi generally takes support around 50-60 zone. In this 4 hour chart once RSI came to take support on 30 sept 2016 and price was that time around 194. It took support and given bull rally and high given 296.60....