me_rishabh

me_rishabh Updated 

one can look for buying opportunities near 1000 in tata steel as its strong support zone and price can reverse from there.

me_rishabh

Even so much popular patterns such as “FLAG N POLE” are not guaranteed, can fail sometimes. So here position sizing and risk management come into play. One should always follow risk management rules no matter what.

me_rishabh

JK Paper showing strength can give a breakout as well. It's been outperforming the index for long and demonstrating strength in these weak market conditions. Once it goes above its resistance and sustains there, it can towards its all-time highs.

me_rishabh Updated 

As one can see, there is a bullish harami pattern in nifty which means one can go long in INFY keeping the stoploss below mother red candle low or 1400 as per your risk appetite, with a target of 1540 which is almost 1:2 RR. Be quick and agile in booking your profits as this is still in a downtrend and the global scenario is still the same. There is positive RSI...

me_rishabh

As far as sunpharma is above its weekly trend line, it is demonstrating the strength and can go towards its all-time highs. One can get into this trade, keeping a stop loss below the trend line. Do follow risk management rules and maintain proper position size.

me_rishabh Updated 

TCS at the demand zone might bounce back from here. One can look for building small positions and add furthermore if the price at the demand zone performs well.

me_rishabh

Crisil looks strong and can give a breakout if a 1-hour candle sustains above 3800. One can take a long entry with a strict SL of 3500 with a target of 4400. One can trail the stop loss to cost once it reaches 4000. get into the trade, taking your position sizing in mind and with proper risk management.

me_rishabh

This has to happen because of the negative divergence over RSI on monthly time frame. Now, there could be two scenarios once it reaches its support, which you can clearly articulate from the chart itself. But according to various reports on commodities cycle, it's just getting started, so there are high chances it will bounce from its previous demand zone.

me_rishabh

Infy seems to be moving in a descending channel, looks weak but if breaks the channel in either of the sides then it can offer a good momentum to the breakout traders.

me_rishabh

NSE:VEDL According to weekly channel, VEDL should its montly support as it is coinciding with monthly channel support trend line. Also rsi showing negative divergence supports that analysis. Then it will be heading towards its all time highs.