keshavmaharaj958

keshavmaharaj958

the stock has broken a crucial support level and is expected to take support at 318 levels

keshavmaharaj958

the stock has been in uptrend and will not stop untill 947

keshavmaharaj958

the stock has faced resistance near the 381 levels and revolves around it but this i think the resistance must break and cup and handle formation will be sccessful and the stck can provide us with some valuable returns also i checked fundamentals of the company and they are clean as water and solid as rock

keshavmaharaj958

HDFC has taken a crucial support at 1628 level and can given good returns it does not breaks the support

keshavmaharaj958

THE Fundamentals are a major concern but a technical opportunity can be identified . the stock is moving in a channel of making higher highs 576 can be immediate target

keshavmaharaj958

CUP has been formed and was in process since 2015 .1120 has been a major resistance and further pullback can be witnessed in order to form handle . target can be the depth of the cup which is 1899. right buying time would be after the pullback

keshavmaharaj958

State bank of india has formed a proper cup and handle pattern on daily time frame and further i think certain resistance can be faced on 617 level and pullback can be lead the stock to fall for 530 level

keshavmaharaj958

The stock has faced resistance from the 610 level on weekly chart and is forming a cup and handle pattern . the downside potential for the stock will be 356 and immediate rebound can be expected from there .