for educational purpose dabur is going up buy with sl of 270 for 284, 296
for educational purpose- infy is trying to explode to reach 1130 buy it above 1030 with sl 1005.
for educational purpose - wipro is heading towards 545-550 buy with sl of 471
for educational purpose gold is still in uptrend upto fib .618 level means us dollar 1280-1282. for all long sl will be 1235.
for educational purpose justdial just touched the fib .382 level of downtrend with doji at top means bulls are handing over the control to bears. sell below 533 with sl of 543.5 for target 520, 516, 495. rsi is in highly overbought needs some consolidation or some correction.
for educational purpose tatamotors is trying to close above 464 (fib .236) but failed if it closes above then 481 (fib .382) will be next target. but below 457.5 go short with sl of 465 with target 448.
for educational purpose ongc is trying to hold price but making a bear flag short below 192 sl 198.6 target 172.
for educational purpose finally m&m breakdown in head & shoulder with good volume. mid term target is 1278 with sl of 1316.
fo educational purpose banknifty tried very hard to cross above 21042 but failed so short below 20795 with sl of 20941, 20626 and 20487
for educational purpose nifty is having a evening star. If tomorrow a gap down opening happens and nifty maintains it's high (not crosses it) and keeps negative trending. then a short below 8900 with sl of 8954 with targets of 8870, 8837 and 8825.
for educational purpose sail is showing a rest in downtrend in the form of bearish flag short it at 59.70 with sl of 61 with target of 53
for educational purpose marico tried very hard to take a bounce but it hardle touched 61.8% of previous downtrend. Now with sl of 281 go short for target 262. if 262 comes then hold position for breakdown the lower trendline to 254.
for educational purpose berger paint is at the verge of breakout. if it closes one more day above 228 with good volume then an upmove will start which will lead it's price to 260-265. but whole market is waiting for a correction then wait for sl 223. If it goes below 220 then a swift downtrend will start upto 185-182.
for educational purpose in my previous post I wrote about upmove above 1090 with sl 1075 and a target of 1230-1250. It might be done tomorrow. But after seeing a long term 9 years a consolidation is finished and a breakout is seen today. Now go always long unless it goes below 1100 means it comes back in the ascending triangle. Till then reliance is unveiling a...
for educational purpose it is showing head n shoulder pattern breakdown below 1302 with volume then short with sl of 1320 with target of 1280
FOR EDUCATIONAL PURPOSE LUPIN IS MOVING BETWEEN TWO TRENDLINES. BUT NOT A CLEAR MOVE IS SEEN BUT A STRONG CLOSING ABOVE 1520 WITH VOLUME WILL GIVE A CLEAR UPMOVE UPTO 1680 WITH SL OF 1490. BUT BELOW 1420 A SWIFT BREAKDOWN UPTO 1270 WITH SL OF 1450. BUT A DOWNSIDE BREAKDOWN MIGHT BE SEEN.
FOR EDUCATIONAL PURPOSE ONLY DO NOT BUY HERE UNLESS IT CLOSES ABOVE 67.2 USDINR IS UNDER STRONG DOWNTREND SO THIS IS A MERE PULLBACK AFTER THAT PREVIOUS DOWNTREND WILL RESUME. BUT THERE IS STRONG SUPPORT BETWEEN 66.66 - 66.28. SO BUT THERE WITH A SL OF 66.10
FOR EDUCATIONAL PURPOSE RELIANCE IS SHOWING INVERSE HEAD AND SHOULDER PATTERN AND IT'S CONFIRMATION WILL WHEN PRICE CROSSES 1090 WITH A BIG VOLUME THEN GO LONG WITH SL 1075 AND HOLD POSITION FOR SOME DECENT UPMOVE. IF THIS TRENDLINE GIVES RESISTANCE AND PRICE UNABLE TO CLOSE ABOVE THIS THEN GO SHORT WITH SL OF 1090 AND TARGET TO 1055. BUY IN EVERY FALL WITH...