Pidilite might be forming a triple top.. an ideal stock to short it.. It failed to cross the top the 3rd time.. note: analysis is my personal view only.. feedbacks are welcome..
NIfty got rejected at 100 dma and corrected sharply.. am not good at Elliott waves but i think its wave 4 correction taking to 50 monthly moving avergae around 9000 zone NOTE: analysis is my personal view only.. please correct me if my analysis is wrong . I am always ready to learn
GIC had bounced off trendline and is retesting the same levels again.. with the weak market looks like a break down is possible to target levels mentioned in the chart NOTE: analysis is for EDUCATIONAL purpose only..
the third try to break out of the 820s failed.. triple top?? expect further downside .. NOTE: analysis is for EDUCATIONAL PURPOSE only..
short UPL around 746 to 754 for targets 720 note: this is only my personal view. do your own analysis for trading/investing Please like my idea if u like it :) will encourage me to put more posts
Bank NIfty has been in a bearish divergence on the weekly charts.. would suggest to avoid longs until elections.. NOTE: this is my personal view only.
Alembic pharma saw a massive reversal up 8%on friday Nov 30th 2018 Again it has bounced of near the 200 dma zone for the 3rd time..548 550 has become a strong support. buy on dips 585 to 595. broke out of the channel with high volume and big price action.. fundamentally strong and long term technicals are strong NOTE: Analysis is of my personal view. Please do...
its been raining for a while now from 480. RAIN is entering support zone of weekly 200 mov avg (124) and monthly 50 mov avg (110). 110 to 124 can be accumulation zone for a rebound. 120 is also 75% retracement of life highs of 480. correction has been steep.... NOTE: Analysis is for EDUCATIONAL PURPOSE only..
LUPIN has been holding 200 dma for sometime now Last 2 days volume has picked up.. buy around 855 856 . stop loss a little below 200 dma (838) NOTE: Analysis strict for EDUCATIONAL PURPOSE ONLY..
YESBANK likely to 150s which is 100 monthly mov avg. it also coincides with 61.8% retracement from life high of 400 (153) note: Analysis is my personal view. Please do due diligence..
YESBANK is moving in a downward channel in the daily charts after the big break down from 400 i expect it to touch 150 155. please refer to my other post for long term explanation also. NOTE: analysis is for educational purpose only..
Apollo Tyres bounces of weekly 200 dma . bearish flag formation possibly with the overhead resistance of 20 50 and 100 weekly mov avgs.. Likely to break weekly 200 ma at some point and cotinue its downward journey.. note: this is my personal view only... please do due diligence before investing or trading..
NIfty looks to be forming BEARISH DIVERGENCE..on the Monthly Charts.. NOTE: Analysis for EDUCATIONAL PURPOSE only...
Likely to test 200 weekly ma also coincidentally monthly 50 ma. NOTE: this analysis is only for EDUCATIONAL PURPOSE..
INFY is testing its 200 dma . MACD and RSI suggest possible breakdown of 200 dma.. can see a bounce possibly.. Target 600 NOTE: Analysis is STRICTLY FOR EDUCATIONAL PURPOSE only..
Bitcoin..the Euphroic currency which has trapped millions of ppl.. has broken its 100 weekly with force.. expecting to test 200 weekly average at 3000 NOTE: Analysis is for EDUCATIONAL PURPOSE only
LUPIN is an inflection point..looks like a breakdown below all daily moving averages is waiting to happen. NOTE: analysis is for educational purpose only
tested 50 dma and failed to cross.. and formed a evening star kinda pattern.. and is sitting on 100 dma and 20 dma.. 20 dma is below the 50 and 100 dma signalling weakness.. expecting the stock to test 200 dma around 660 and maybe 640 where the 50 weekly ma is.. NOTE: Anaysis is my personal view. please do due diligence before trading.