INFY is moving in a long term channel.. as it movies out of it it has corrected back down..
Please see the chart for info NOTE: this is only my personal view..
M&M closed below weekly 200 moving average in a very long time..
refer to chat for info can correct to 50 and 100 dma.. also nifty took a beating today.. which can help the fall
Please see chart for info note: this is just my own imagination :)
UBL has been moving in a long term channel and is reaching the top end of the chanhell which is around 1550 please refer to chart for channel info NOTE:this is my personal view only
TCS is near support but also weaking with resistance of a trendline and breaking below 200 dma.. over the history of the last few years, on daily charts it doesnt stay below 200 dma for a long time..it rebounds and goes sideways..
COFFEE DAY moving within the triangle.. something to watch
DBC bank had a strong breakout above 200 dma and is going vertical.. time for a short at 196 to 200 levels..trendline resitance as marked.. note: this is my personal view only
DRREDDY.. support 2535 ..short below that level or long above break of falling trendline.. see chart for info NOTE: this is my personal view only..
Ajanta Pharma has been unable to cross its long term trendline..any break above can be a good for a neutralization of the downfall..
Ajanta pharma..crossed 200 dma and restested once and is facing resistance from the trendline.. break above trendline can make it bullish Info of zone in action in chart.. NOTE: this is my personal view only
Short Gail on upmove to the zone as marked in chart.. NOte: thisis my personal view only
Short after pullback.. refer to chart NOte: this is my personal view only
Bullish Engulfing.. closed just below 200 dma.. breaking above can test 520s Note: this is my personal view only.. entered today at 465.
Bank nifty is in a wedge, and is approaching the so called left shoulder.. Markets have been squeezed in the last few weeks and continuing to be squezed Bank nifty is the only index helping Nifty stay float in green for the last few days.. Trade Cautiously.. NOte: this is my personal view only
CNX pharma broke 200 dma and right now tagging along 20 dma..can retest 200 dma from below... NOte: this is my personal view only..