Nifty has given a break down on weekly charts falling below 3 years Trend line with volume and built up (indicated by eclipse in the chart). D chart also suggesting HH and HL formation since 03 June 2019 Nifty PE still hovering around 27 levels indicating Nifty is still expensive. Gold and $ movement also indicating bearish sentiments for equity market On D...
Tata Global has formed Cup and Handle on 30 mins charts and has given a successful Breakout at 278 levels with higher volumes and successful retest. Entry- Buy when stock pulls back to 275 to 273 levels Exit - TGT looks like 302 to 305 levels and SL at 272 on 30 mins closing basis Expected time frame would be 7 to 10 trading sessions. Risk : Reward - 1:10
Buy Dabur at 440 to 442 TGT indicated by orange line SL in red. RR -1:3
ST reversal observed. All info in he chart
Kotak Mahindra Bank has break down the crucial support level placed at 1454 on Daily and weekly charts. It has also breached its multi month T line placed around 1455 levels with higher volume on daily and 30 mins charts. On 30 mins charts it came back and retest and broke again. CMP - 1529 Entry criteria - Short when it come to retest 1550 levels Exit criteria...