CNX pharma has tested 8000 to 8500 levels multiple times..its building a base.. might not move in a hurry but it is time to start looking for investing in pharma..
NIfty rsi was in divergence mode in and it has broken today. on daily chart it is still to break above the trendline of rsi divergence if it breaks on dialy chart it can result in a strong up move..
HEG has given a clear positive divergence.. buy with SL below 2050 targets 2400 2600 and maybe 2800(100 dma)
SBI.. 5 years ago feb 24th 2014 the rally before elections results date had a stupendous rally..150 to 250 .. 67% rally.. and on feb 24th zone the current move has started. is it going to repeat this time? rally started at 265 zone.. how much will it go?? from may1st to may 16th it moved 20%
Reliance has taken multiple support at 1320 in the last one month.. buy on dips to 1340 1343 with SL just below 1320 for targets of previous high formed or new high adjust price price accordingly in futures
Nifty on daily charts today might have formed a bullish harami.. might have upside for this week..
TCS on daily charts has formed a bullish harami. trade cautiuosly as results are due next week..
midcap index is at important reistance.. 100 weekly mov avg and weekly trendline from top.. would be very tough to cross easily.. but if crossed it can get super bullish..
Cera,,had a big breakout above 200 dma and is retesting it buy on dips to 200 dma looking for it to retest all time highs..
SBIN..buy with stop below 315 ..might resume it upmove..
NELCO today moved above 300 resistance zone with huge volume..looks like can test all time high with time was suggested around 285 now at 330..booked only profits and will add on dips.. buy on dips to 300
GAIL is a range with 200 dma on the downside and a resistance on the up..tested 343 346 zone twice and has bounced of it the 20 dma is about to cross the 200 dma which will push it up for the breakout.. buy on dips if you get any and stoploss below the 200 dma
INDUSIND had a strong move to break above 200 dma.. the 20 dma is about the cross the 200 dma..expect consolidation around the highlighted zone with blue lines.. can be outperformer since it hasnt mved much but was forming a base long around 200 dma..
HDFC temporarily moved above its important resistance around 2015 zone going by the chart is has formed a strong base and has been sideways when nifty was moving up and today closed strong even nifty became weak in the later part of the day similar chart setup was seen in pidilite and i have shown a comparison i feel HDFC is going to be the leader of the nifty...
HDFC formed a HS..tested its neck line and is ready to move up. can test 2000 2015
NESCO is forming a base around 430 440 zone.. any dips to 200 dma , 460 -470 zone looks good for a buy..
NELCO.. has convincingly moved above all moving avgs in all time frames making it a strong buy candidate. any dips to 200 dma can be a good buy with the lower time frame abgs crossing the 200 dma, this can restest previous all time highs once it closes above 300..
ICIL,buy with stop at 45...entered at 50,..reached upper circuit..