YES BANK should be avoided at all cost. extremely weak. can test 120s or even possibly 100.
INDIGO broke trendline and has retested from below and has got rejected for now.. also it has broken above the falling trendline connecting from previous short term highs right now it is the middle zone zone of both the trendlines. see chart for info move below 1550 can increase selling pressure on the stock.it has run from 700 to 1600s..
NIfty has been breaking supports without any rebound.. 11000 zone is a strong support of previous top of the rally from where it started and also 200 dma and also the trendline.. the fall is pretty vertical. it should have a rebound around the 11000 10960 zones.. but will it?
Hexware likely to break channel donward..SL 50 dma 346. target 326 315
Raymond is at convergence of all the 4 DMAs...any move down can trigger a fast downside..
USDINR.. got rejected at important trendline resistance.. might correct downward. might help nifty rally..before elections results..
HDFC BANK forms a hammer at 20 dma..if no bounce from here can drag nifty down..
Siemens has broken its rising trendline.. can it test the gap it had formed?
Nifty will be in triangle till the ecltion results.. breakout or breakdown from the traingle will give way to trend
Axis bank is at important supports of previous ttop..and also the trendline of the current upmove..and close to 50 dma break below trendline will be a good shorting opportunity..
Bank nifty likely to test 28400 which was the previous top..
Grasim... bearish engulfing,,trendline break..and and below 200 dma... just hanging at 20 dma.. expecting a breakdown to 830 820..
Cummins if it breaks down the upper box can test the bottom of the lower box..
HDFC bank has mostlikely formed abandonded baby pattern on daily chart.. thats a bearish pattern.. look for some correction
Big Boy HDFC has formed a bullish harami on daily charts closing on April 16th 2019..
IPCA labs broke into life highs and is correcting and might test 880 zone.. 880 and any dips below that is a good opportunity to get into this stock..
LUPIN..has formed a triple bottom at 720s zone..might be worth looking for investment for long term on dips