manavtechresearch

manavtechresearch

SUMMARY *stock is breaking out of double bottom formation *classical pattern break *rising trendline support *look for double targets with using trendline as an exit barrier TCS DEC FUT BUY@3625 STOP@3545 TARGET@3725-3775-3850

manavtechresearch

SUMMARY:- *stock has broken weekly and daily support *crucial weekly trading zone entered *zone exist from 950-790 *shorting indusind bank with a small stop *good risk reward ratio *you can built-on or add more lots below certain levels *below 880 840-820 levels are expected *close below 820 will all us to test 800-790 INDUSIND BANK FUT TRADE...

manavtechresearch

SUMMARY:- *stock has demand zone in between 395-400 *if today close below that is achieved a free fall is expected *good risk reward trade *today trading below demand zone if sustains here can fall big time DLF FUT SHORT@393 STOP@405 TARGET@383/373/366

manavtechresearch

*Stock is breakout of its consolidation phase *Rectangle is a continuation pattern *Normally trend resumes after huge consolidation *Daily and weekly RSI trading above 60 indicates strength *Longs entered already *One can still enter above 1717-1720 *Stop will be deep at 1640 as we are playing it positional *Stoploss will be trailed to buy price when T1 is...

manavtechresearch

SUMMARY:- -nifty is looking to breakout of its bearish trendline -if does and sustain at current levels we will have captured a move above 20-dma -close above 18k means we will have an inside bar breakout in nifty on daily chart -historically speaking whenever that has happened it has followed up with an 300 point move

manavtechresearch

SUMMARY:- -stock has broken out of its descending/bearish channel -retest of breakout levels of 7000 done -new attempt to break above previous high will be seen -once previous all time high is taken out -there will be revised new levels

manavtechresearch

SUMMARY -there might be a possible banknifty flag pattern breakout -more convincing buy above 41400(fut) -one can wait for fresh trade above 41400 -possible short-covering -fresh extension in pattern indicates new target towards 42500-43000

manavtechresearch

SUMMARY:- -stock has retested its breakout zone -with the concept of swing high breaks stock is gearing up for levels of 1780-1800 -banking stocks are looking good for further upside -hdfc bank if breaks swing high -we wil use recent high and low as range for the extension -good for positional traders

manavtechresearch

SUMMARY:- -stock is trading in a descending channel on weekly chart -based on inspiring moves in banking stocks i expect this counter to see some buying -stock is on the verge of a break from its bearish pattern keep an eye -today we can see a weekly close -if we do i will update a trade

manavtechresearch

SUMMARY:- -stock is breaking out of ascending triangle pattern -aggressive longs can be added -once the stock starts to trade above levels of 92.5-93 on weekly chart -200 ema will be captured -above 60 levels on rsi weekly chart expect momentum -continuous long positions being added my view trade BANKBARODA NOV FUT BUY@93 STOP@86 TARGET@102-108-113

manavtechresearch

SUMMARY:- -stock after 2-3 weeks of consolidation fires -recent trend analysis shows stock rallies after a good run in finserv -ascending triangle pattern on daily chart good signs -20 ema was respected and defended -close below the trending and a move below 7550 will be considered negative -stock on watchlist -breakout trade -range expansion will be our target

manavtechresearch

TECHM FUT BUY@1557 STOP@1533 TARGET@1590-1620-1650 note stock is breaking out of double bottom formation looking good for a target of 1700-1800 on positional basis stop is important below stop level pattern will nullify

manavtechresearch

Stock has moved with higher gradually Stock will take assistance from hdfc bank numbers technical levels are crucial a weekly close above 820 will assure us levels of 850-880 will play this trade positionally CONDITIONAL TRADE BUY@823(ABOVE 820) STOP@793 TARGET@850-880-900 PLEASE NOTE target can be revised further on the bases weekly close stay tuned for...

manavtechresearch

It was but obvious that hdfc bank on thursday will see long built-up heading into the event numbers were good but i am not sharing the view based on technical levels there is a double bottom breakout on weekly charts indicating a move towards 1800-1900 now since there was huge accumulation on the thursday we can see some profit booking today after result play...

manavtechresearch

Stock on weekly chart has bounced from its 60-level rsi It is looking to breakout of a trading range once stock crosses above 1190 we can see some short-covering levels that can be tested is 1215-1238-1260

manavtechresearch

Looking for a trendline break one can enter long with a stop below 227 and stay for a short target of 238-239 a weekly close or a daily close above 241 will lead to 255-263

manavtechresearch

Pattern break visible in aarti in shorter time frame one can stay long with days low as stop quick 30-40 point scalp or stay potential long

manavtechresearch

Stock is looking to breakout of its weekly bearish channel if levels sustain after rbi policy expect10%-20% move on upside