lokhandi

lokhandi Updated 

AXISBANK seems to be forming some kind of complicated H&S pattern plus is trending down with lower highs. 500 looks like the baseline of H&S pattern. It could be getting ready for a big plunge? OTOH, 500 could be the lower channel from which it may bounce within the range shown. Worth watching for a breakout move either way...

lokhandi Updated 

Mindtree is breaking below the lower channel as shown. If the market recovers (as today being expiry day it is expected to be volatile) then reverse the position beyond 987 and go long. But for now it looks like a short.

lokhandi Updated 

DLF has broken the long term trendline on Daily chart. Shorting below 196.8 for targets 191/183 Stoploss 201.1 seems like a good trade.

lokhandi Updated 

Piercing above 2122 shows strength on 30m chart. Enter between 2117-2124 for targets 2152-56, above 2168, above new high Stoploss Drop 50% at 2010, 100% at 2096

lokhandi Updated 

Numbers on the chart