Bharti forming short term negative divergence near all time highs..
IGL has topped out for short term to begin with. today it has formed a big bearish candle with volumes. short on rise for 488 480 targets, if u get a rise
BERGER PAINTS after posting good results seems to be topping out in the short term. Daily charts shows selling has kicked in and is inside a wedge for now. breaking of the wedge can result in a quick downside. note: wait for it to break the rising wedge.
Bhageria Industries has broken above the falling trendline with increasing volumes has been in a slow grinding correction for a long time looks like the next upmove can begin
IGL after results announcement yesterday , today opened and went up but got sold into and ended as a Bearish Engulfing bar after a good rally looks like a top is in place. any buys are only above todays high likely to test 500 480
Manappuram. forming negative divergence, sell below break of trendline.. watch out for results date before trading..
NIFTYis within a rising wedge in its long term monthly log chart looks like the squeeze within the wedge is on.. breakdown below the wedge will be an end for this move and will be followed by a deep correction.. Also there is clear monthly RSI triple divergence ..
Reliance has formed a clear Bearish Engulfing on the weekly charts, with a triple top on Daily charts. looks like pretty bearish..
HDFC LIFE has most probably formed a double top. support levels are marked with blue lines..
IGL has been a stupndous stock for the bulls has it reached its long term resistance? time to take of some profits for long term investors..
Bharti has formed a doji at the previous highs .. sell below todays low or buy above todays high
ALEMBIC PHARMA after almost 5 years is waking up.. looks like pharma time is here it is at a cusp of breaking of the long term trendline. break above and close on monthly chart can give a good upside..
DLF after a stupendous rally is finally made a short term top most likey it has formed a dark cloud cover bearish pattern on the daily chart a pullback to 20 dma or 240 levels on the cards. short with todays high as SL
NIFTY has formed a bearish engulfing pattern on the weekly charts just a week before the budget..
previously posted HS goign to complete formation
NIFTY formed an ominous Big Red Bearish Bar near the trendline at the top. refer to the idea posted a few days before. looks like a top is formed for sometime. we might have a pullback towards the budget but i dont see todays high being taken out
Bajaj Finserv seems to have hit the long term trendline on the upside. something to watch for for those who are invested in it.. and seems to be a loooooooongest term divergence mode ;)