mklives

mklives Updated 

HEROMOTO has formed a higher high with rsi didnt make a new high or test the previous high a break above or below the triangle can result is a trending move

mklives Updated 

WIPRO has hit long term reistance. also daily rsi showing divrgence.a test of 20 dma can be done

mklives

S&P approaching long term trendline resistance.. Bulls caution..

mklives Updated 

DIVISLAB after a big breakout after results and then a pop up for inclusion in nifty looks tired, RSI on daily in weakening and second high was made with a lower rsi peak, also it is well outside of keltner channel expecting a correction to 3200 and below that to 3140 in sept series SL is 3335 this is for reference only, do your due diligence before trading.

mklives Updated 

Balkrishna Ind has been been consolidayr last 2 weeks around the 20 dma. and last 2 days there is a pick up in volume. Close above 1313 on daily chart can take it to 1400. SL below 1240

mklives Updated 

SRTRANSFIN nas closed above the falling trendline with volumes buy with todays low as SL for targts of 766 786 800 820

mklives

is RELIANCE forming a megaphone pattern? interesting..

mklives Updated 

Bajaj Finance has been in sideways consolidation for a while after the steep fall. looks like corrective rebound is due. first target 2550 and above that can test 100dma SL todays low

mklives Updated 

JUBILANT FOOD after a log of struggle is taking support at 100 dma. and today closed above the falling trendline above 1740, can test 1830, 1900 SL below 1670. volatile stock, one can adjust stop loss accordingly.

mklives

CIPLA on weekly charts has formed a spinning top candle, and on daily chart it has formed a dark cloud cover pattern. looks the steaming rally will come to a pause. any up moves to todays highs can be sold for targets of 640 630 625 to start , with SL of 671 looks like a deeper correction can set in. note: calls are for reference only. am a learner and my calls...

mklives Updated 

Granules is forming a bullish penant. buy st cmp or on dips. target 188 220 and higher . SL 153. monthly trend is very bullish and likely wave 5 has started. i can be wrong with the waves.

mklives Updated 

BERGER PAINTS looks like a move inside a triangle.. break on either side determines further trend. till then likely squeeze

mklives Updated 

ESCORTS nnon stop move hit reistance and also formed a bearish daily bar, any upmove to 920 can be shorted with SL above 920 for targets of 835 can correct without rebound also

mklives Updated 

AUROPHARMA.. blitzkrieg run is most likely over for the short term looking for correction to 700 680 655 with time SL todays high. note: results on June 3rd

mklives Updated 

NIFTY turns bullish getting past the trendline. Financials likely to lead the nifty up higher. resistance are marked with blue lines.

mklives Updated 

LUPIN hitting trendline resistance. expecting a correction to 20 dma supprts at 864 838 wait for break of trendline below

mklives

ICICIBANK 2008 fall has almost simialr candlestick charactristics. fall happened in 10 months from top to bottom. first 4 candles look similar. 5th is a little different. but looks like we have another 50% correction if we compare with 2008. first 5 candles have almost 50% correction for the first months in 2008 almost 50% correction now in 2020 also although...

mklives

SunPharma forms daily bullish engulfing. buy with todays low as SL for targets 475 and 500