Kaveri seed can correct , break below 535 leads to 530, stoploss is 575
I just want to share interesting price history of tata communication, It has rewarded the investors with full hand.On November 1 2000 stock got split from 3;1, at the price of 348 . may be stock price was 116 and made a low 71. it took 3 years to get this low.And within span of 4 years, I mean to sayin 2007 it made an high of 750.Is it AMAZING? Then what...
after two weeks of consolidation price made an high of 1095 and 1097 twice, and on daily chart it has made bearish engulfing pattern. 1047 is the key support level for Grasim, price may consolidate here in this range to make next move, if it doesnot hold this level and make a move next higher, it may be failed price action.
tatasteel has formed bearish Marubozu cnadle stick pattern on the weekly chart and also it is inside candle stick pattern. It indicates sellers donot want the price to go up and holding firmly, so the price action. it is hovering within the range of 485 to 502.7. if things turnout to be more bearish you may sonn see the levels of 479 to 470 if the price breaks...
i feel if it crosses 756 it may even cross the resistance of 763, look for buying
buy for the target 761. as price is above the 21 day moving average and it has formed inside bar. look for pull back .
If it breaks this zone of support, it may go upto 2284.or else it may reverse from here
buy o.618 fibbonacci retracement for the target of 1200
on weekly chart weakness in the trend price has made higher high and truestrenghth lower low, we may expect more weakness to come in coming weeks. experts do comment
price action is within the 21032 to 20445, interesting to see the price action here.
inside bar seen on tatasteel chart. buy above 485.75. stoploss 479
havells has shown long legged doji with slight increase in volume. hourly chart truestrength indicator is showing turn around, buy for the pull back upto 424
i t is very ineresting to note that inside bars are formed on charts of bank nifty on weekly chart and indusind bank and yes bank. As per vanati,s prediction, bank nifty is ready to take off. please i need all of your valuable comments
buy, showing strength on weekly chart, stoploss of 409.7.may go upto 459