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LOOK IN THE CHART

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SHORT ONLY IF CLOSE IS NEAR 1155-1159

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Both the trendlines (upper bound/lower bound) on weekly as well as on daily charts are providing crucial entry/exit area Stock is bouncing/rebounding from this level perfectly Although my expectation is that the stock will soon break good on the upside based on the assumption that the sector is on the verge of "Bottoming Out" But again its a pure assumption i...

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RSI HAS CROSSED BELOW 70 FROM ABOVE MACD ON THE VERGE OF NEGATIVE CROSSOVER "ENJOY"

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Stock is trading in a good uptrend with a perfect "higher highs"/"higher lows" on weekly charts and that is now visible on daily charts as well If watched closely lower bound is now heavily supported by 100-dma (271) added there is a crucial support level @273 TRADE VIEW BUY @ current levels(273-275) STOP @ 267.90 TARGET @279 NOTE:- Recently the carpet...

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Stock is currently trading in a proper channel where the lower T/L has been touched 4 times and rebounded showing strong support The upper T/L has been touched 2 times and the market has rebounded But most importantly RSI has spiked up stock ended up closing above the previous day closing There might be a slight pressure around 1190-95 zones because it has...

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stock has just moved above its crucial level of 172.90 which is the weekly support level as well as a crucial daily support Watch the RSI indicator closely as the stock has formed a new support at 164.25 Currently by the looks of it one can say that the stock might be trading in a "RECTANGLE" Levels between 164 to 196 indicators suggest that Indicators macd...

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Stock was trading in a perfect downward channel before the government infused the recapitalization (news unexpected/not anticipated/not factored in) The stock saw a robust breakout from the channel with a huge gap-up Stock recommendation is strong because usually after break-out with huge gap up the price tend to cover the gap and in this case it did try to do...

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On the daily chart there was a spinning bottom formation after a gap down previously which indicated that the bulls are fighting back It was formed near the support levels which indicates a good entry to buy Next day 16/11/17 there was strong rally with a gap up indicating strong action supported by the bulls In addition the rally was supported by rsi levels it...

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STOCK IS CURRENTLY TRADING IN A STRONG CHANNEL AND IS CURRENTLY AT THE HIGHER END OF THE CHANNEL SOME CORRECTION IS EXPECTED AT CURRENT LEVELS RSI AT 54 WITH A SHARP DOWN TRIGGER MACD AT SAME LEVELS NEGATIVE CROSSOVEREXPECTED BY THE END OF THE DAY IT SECTOR IS CURRENTLY OVERBOUGHT MIGHT CORRECT EVEN MORE IN THE COMING WEEK CAUSE OF DOLLAR GETTING WEAKER AGAINST...

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HDFC is a typical case of a failed pattern it formed a triple top formation which sometimes turns out to be a rectangle(a continuous pattern in a trend in this case its in uptrend) Point to be noted is that failed patterns have the tendency to earn huge money(potential) But in HDFC case it does not matter The lower bound of the rectangle that is 1667 is also a...

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STOCK HAS FORMED A PENNANT ON DAILY CHART WHICH WAS RESULTED IN A FLAG FORMATION IN WEEKLY CHART TREND MIGHT CONTINUE ON THE UPSIDE AFTER THE PENNANT HAS BROKEN STRONG SUPPORT AT 1793 WEEKLY SUPPORT ACTION WAIT FOR PATTERN TO COMPLETE GO SHORT IF CLOSES BELOW 1793(RISKY) FINALLY IT HAS BROKEN OUT OF THE PATTERN WITH RSI SPIKING UP MACD GAINING POSITIVE...

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Stock was trading in a perfect uptrend channel where it saw a downward breakout Stock crossed 100-dma and recovered from thereon with a V-shape sharp recovery Might be a pull back which will be a result of a downward break-out But i believe the pull back might not end till it reaches the level of 50-dma (currently at 325) resistance level @ 314 support (strong) @...

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Stock has crossed its crucial 50-dma of 1027 If stock moves above 1040 its a good buy as 1038 is a crucial resistance level Macd has given a positive crossover 20-dma and 50-dma providing good support TRADE VIEW BUY @1040 STOP @ 1025 TARGET @ 1065 (SWING TRADE)

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HUL :- This stock has created a classic ascending triangle chart pattern which is a uptrend indicating pattern Where the base is the resistance level and the upward sloping trendline together creates a ascending triangle The length (in terms of price) between the starting point of the trending line and the base should be your target NOTE:-...