mklives

mklives

MGL took a fall from 975 to 860. in 30 mins chart it has formed bullish divergence. expect a pullback NOte: this is my personal view only (am not good with divergences, please correct me if i am wrong)

mklives

STAR after collpasing from 550 is around support..right now its a box. break above or below can give a trade. NOTE: this my personal view only..

mklives

NIFTY is at critical weekly trendline supports. also it is closed below 50 100 and 200 weekly mov avgs.. currenly just below 20 weekly also.. any upmove to 10950 will be a sell.. (trendline from top)..10750 is 50 weekly which also acts as a resitance.. note: this is my personal view only..

mklives Updated 

HCL tech might be forming a possible H&S. not confirmed yet.. note: this is my personal view only.. i might be totally wrong too..

mklives

Igarashi has taken it to the chin and has entered the so called euphoria fall mode.. hentering highly oversold mode in weekly and daily.. wanna catch a falling knife for bounce? try buying in the levels mentioned for bounce trade.. 350 region is 100 Monthly moving avg.. can be a temporary support for bounce,, Note: this is my personal view only..

mklives

Amaraja can be shorted around 761 (20 dma) to 777 (200 dma) for targets of 730 710 685 SL 796. positional call.. march series preferable to sell.. Note: this is my personal view only All levels mentioned are Cash levels. Trade futures accordingly Please provide a feedback if u have comments Happy Trading

mklives Updated 

Wipro has a good run from 310 non stop..time to take a breather..looking to sell around 377 for target to 20 dma (in daily charts).. around 364.. and 354.. note: this is my personal view only

mklives Updated 

HDFC.. is forming a head and shoulders..looks like it and also its close 200 and 100 dmas might give a boucne,,but looks weak.. this can have effect on the nifty too Note: this is my personal view only..

mklives Updated 

Maruti a potential short.. as it couldnt cross the resistanc emarked by the blue line.. NOTE: this is my own analysis..do your due diligence..

mklives

Infy time to short on pullbacks.. Please refer to chart for levels Note: this is my personal view only..

mklives

Reliance got rejected at 1325 zones twice now.. good to short on pullbacks to levels marked with blue lines note: this is my personal view only..

mklives Updated 

INFY is currently taking support at 20 DMA.. break below can take it to 50 dma.. there is a trnedline resistance above which has been tested today. wait for break of 20 dma for sell.. note: th is is my personal view only..

mklives

PI ind.. nifty fall never bothered. good dec quarter results helped in a breakout.. RSI going up..good sign correction to 880 can be a good entry.. Cash stock Note: This is my personal view only

mklives

Apollo Hospitals took a knockout and is having a pullback. can go short around the bluelines marked and also near trendlines marked in red. a volatile stock so trade cautiously.. Note: this is my personal view only

mklives

MRF is at at critical support of weekly 200 moving avg..and is also a support as shown by the blue line. expect a short bounce.. Note: this is my personal view only..

mklives Updated 

targets marked in blue..over sold in 30 min chart.. note: this is my personal view only..

mklives

PEL might be forming an head and shoulder.. please provide your feedback as i am not good with HS patterns note: this is my personal view only...

mklives

Nifty has been going in a long term range and is currently above the range..every time it went out of the range it has corrected.. something to watch for.. Note: this is my personal view only..