mklives

mklives Updated 

AXISBANK 4hr chart rsi is dead flat at the bottom. even daily rsi is dead flat at 8 expecting a sudden rebound to 330 340.

mklives Updated 

BANK NIFTY RSI has taken support on the trendline the last 2 times showing positive divergence. if the divergence holds for the 3rd higher high of RSI, a possible rebound can happen

mklives Updated 

AXISBANK is at strong monthly supports in long term charts. todays low is key for this month close or weekly close. Daily charts show extreme oversold conditions

mklives Updated 

NIFTY.. short term divergence on hourly charts?? just for info. DO NOT TRADE IN THIS MARKET..YET

mklives Updated 

AXIS short term chart is right now at short term resitance. but RSI movingup and volumes hav picked up considering the positive setup today, any break above the immediate trendline resistance can give 5 to 6% upmove.. or even more..

mklives Updated 

NIFTY RSI on daily charts is in a squeeze and respecting the falling trendline. any breakout about the line we can a swift rebound.

mklives Updated 

Motherson Sumi has formed longed head and short considering the volumes increase in the fall in the last 3 months. \close below the marked line, will result in a major breakdown of HS

mklives Updated 

SUNPHARMA.. again bounced pf previous lows of 370 zone for the fourth time with volumes with USDINR rising , the could be a dark house and a contra bet when markets are weak..

mklives

CNX auto is at major support levels ..as marked. move below this months low will cause a big fall..

mklives

BANK NIFTY is showing clear long term negative divergence and also currently is breaking the rising wedge it has been within.. this month can be crucial for bulls

mklives Updated 

Reliance is forming short term positive divergence.. considering it is oversold on daily charts, expecting a rebound to 200 dma 1380 and maybe 1400..

mklives

Reliance and also NIfty charts showing clear monthly negative divergance.. Reliance has been taking support at the 20 monthly moving avg the last 2 dips.. hoping to see a bounce here. Resistance levels are shown in blue dotted lines.

mklives

NIFTY on the weekly charts,, has cracked down to the cloud support zone and also the trednline connecting the previous lows.. might get a temporary relief here.. if the trendline breaks expecting a deeper crack..

mklives Updated 

SRF after a monster rally. is finally weakning and showing negative divergence on daily charts. it can 4050 to 4000 pretty soon. or even lower. note: this stock is always tough to short, keep strict SL of todays high .

mklives

NIFTY has broken 200 dma with a big down and no recovery seen dont rush into buy.. as lower levels are expected its a sure NO NO for investors support zones marked with dotted lines happy trading

mklives Updated 

NIFTY still is in a triangle on daily charts. but todays move is highly bearish . started with a gap down and never filled the gap. had a trending bearish move today.. wait for traingle to break for fresh shorts, for target of 11600

mklives

Maruti on llong term charts looking weak..any break below the triangle can trigegr a serious sell off..

mklives

VAIBHAV GLOBAL has broek out of it all time high afetr many years and has been sustaining and moving up well in a lack luster master otherwise. add on dips to 1090 and 1000 , for investment purpose SL below 900 on weekly basis