mklives

Dabur looks weak and is currently closed right on the 200 dma and also just below 100 dma..it is an important support area.. since it is also the weekly 20 moving avg.. the stock looks weak on daily chart.. it can bounce to 432 odd levels where is there is resistance of 20 and 50 dma. all 4 daily moving avergaes are in the range of 420 to 434 zone..any breakout...

Bata finally is showing signs of real weakness.. it has closed just below the 20 dma.. can have a small rebound in the very short term. but looks bearish to test 1280

BANK NIFTY on daily charts is at the trendline connecting the two previous tops.. if it breaks it then go to take support at the previous high

Nifty on the weekly formed a evening star type candle which can be confirmed depending this week close. on daily chart gapped down and failed to close the gap immediately the gap will remain a resistance zone (11400 11435) it would be interesting to see when the gap is tested and how it reacts after it tests the gap.

HDFC is at critical resistance a close above 2015 zones can mkae it bullish.. please refer to chart for info..

Divis lab looks like it has made a short term triple top on 1 Hr chart.. Short will SL at 1726 target 1641 Note: thsis is my personal view only..

YES BANK moving up from an Inverted HS.. cn test 200 dma and the gap if possible

lets try shorting in the market..haha short manapuram with stop at 121.5..first target 114 115.. note: ths is my personal view only

Bank nifty on the log scale looks to have a confvergence of trendlines on the long term charts.. can be a serious resistance.. refer to chart or info.. But market is King..

Is Bank Nifty repeating the pattern ? Please refer to the circled portion of the chart..

Care Rating is shwing weekly postive divergence.. looks good for a buy on dips with target of 1150 1160 which is also weekly 50 mov avg and 200 daily mov avg note: this is my personal view only

SBI today moved in between 3 daily moving avgs..50 100 and 200.. a decisive move either way is required for any trades.. note: this is my personal view only.

VGUARD after a non stop rally from 180s to 220..time for some correction.. SL marked in red line..Targets in bluelines

Please see chart for info... this is my personal view only.

HDFC..formed a HS and retesting neck line and today closed exactly at the convergence of 3 moving averages..what a beautiful thing to see.

Nifty with todays rally is nearing important resistances.. with election dates to be announced pretty soon, the market reaction can get volatile (historically march 1st week , dates are announced). its in flat zone where no one really knows what the movement will be..

HCL Tech tested 1080 1090 and again falied on the second attempt and close below 20 dma and is at important support Looks like it will break and go towards 1000. NOte: this is my personal view only

TCS forms a bearish engulfing on Daily chart,, any pulls back can be used to sell