India VIX took support on weekly chart. Danger Sign. We have resistance near 20-22.
IndiaBullRealEstate forms inverted hammer in down trend. Which is a reversal pattern. Risk reward ratio is best from this level.
HDIL made double bottom iwth bullish divergence
Rattan Infra made double bottom with bullish divergence.
NH trading near Crucial level. If it holds here then we can buy for big move
yesterday NTPC closes below Trendline and today again enter into buying zone
1) Formed Inverted hammer in monthly chart exactly near Fibonacci level 2) Formed double top with divergence
Small cap take support at Fibonacci level and forms Doji.. Can Small Cap bounce back from this level? Previous time (2008 year) when small cap made correction it took 15 bars. this time also will it take same?
Double top formation in near strong resistance. SL is Nov-18 top 375.30
145 is very strong support and put IV's are very high..so stay alert
1) fundamental:- lower cruid prices reduces tyre industry raw material costing 2) Technical:- Hammer pattern formation in monthly chart 3) RSI took strong support 4) HAmmer pattern formation exactly near trendline 5) today stock gave close 224 above previous month high 223.
Gold is trading near trendline.....Keep watch
Exact double bottom formed in HCC in weekly chart.
Adani power made sell candle exactly at IMP level. Stay Alert!
Voltas is in distribution phase...
1) Exact double top formation in Monthly chart 2) bearish Divergence formed
Head and Shoulder Pattern developed in CRISIL Pattern broke also.
Head and shoulder pattern made in Ashok leyland.Buyer Stay alert.