IFBIND after a stellar move from 360 levels, has corrrected 50 % of the move 360 to 1500. rsi showing positive divergence and also near 200 dma buy at cmp trgt 1024,1210 looks like wave 5 move is still pending
SBI has been unabe to breakout of the falling trendline. wait for the trendline break above to long. support and resistance marked on chart
after sideways zone of 2 years stock is gearing up to cross long term trendline volumes incrasing last few months, double bottom evident
DHANUKA after a scorching move has been correcting and taken support. currenly unable to cross the trendlline. once crossed can test previous and crossing it can go into blue skies. wait for breakout to confirm move
LINCLON BULL FLAG OR PENNANT? either side of triangle a good move is expected
Burger King has taken support around the 130 zone which is the previous low RSI shows hidden divergnce. time to move up SL 128 target open.
SBI is on the trendline support but below the falling trendline. either side breakout can give a ensuing trend.
ASIAN PAINTS on 2 hr showing clear divergence. expecting a bounce with todays low as SL target 2500 2530 2550
TATA Steel on daily hits resistance around 650 formed earlier. rsi is much lower than previous if unable to close above 650 zones can expect a correction.
CHARTS is self explainatory.. Reference only.
SYMPHONY has seen big voulme addition last 2 weeks.. buy with SL of 830 , targets open. invested at 900
NIFTY MIDCAP 100 today hit 3.618 fib extension of the rally from lows. usually a togher resistance to go up considering a non stop rally for october. note: chart jus for reference purpose
Bhageria has trend reversal after a 4 yr gradual correction. refer to chart. good investment candidate. Sl below 126 first target 225
Nifty chart for reference
Tata Steel after a stunning run up is cooling off targets shown in chart