ITC chart still looks in bearish mode..buying will not be a good idea. It will test the support levels at 159 & around 140-136.
Previously, it had bounced upside from 159 level on 12th May (1d chart) it will most probably test that level before going upside.
If it moves further down below 159 level then it will test support range of 140-135. Till then keep an...
LT is swinging in a particular range marked in Orange.
For Intraday buy above last candle high 906.
1st target - 908 (near upper resistance line)
2nd target - 910
3rd target - around 914/915
Sell below 901
1st target - 898.5
2nd target - 892 (It's a strong support)
3rd target - 885
*This is based on my analysis just for the educational purpose.
Indusind Bank is making Ascending chart pattern...Buy or sell after Breakout lines
Buy if it crosses above 612.
1st Target at resistance 1 - 622
2nd Target at resistance 2 - 630
Short if it breaks below 605
1st Target at support 1 - 600.5
2nd Target at support 2 - 595
*This is my analysis just for the educational purpose.
JET AIRWAYS today broke the upper resistance line of 2 months long bearish channel.
Broke the resistance of 316 and went up to 331.
A high move could be expected with a target of 20-30 pts.
Gail 1D chart shows that it is above 100 EMA. Supertrend has shown buy signal.
MACD is above zero line and bullish crossover moving upwards.
There is resistance at 390 and if it manages to break, it will move higher.
CMP 374.60
It created a double bottom at the support line and broke the resistance of 349 then went higher.
Facebook is a stock with strong fundamentals and zero debt. Irrespective of some bad news recently, the stock still rallies in the upward trend.
I have seen the weekly chart which shows since 2013 the stock is on the upward trend and moving above the 100 EMA consistently.
The chart respects the strong support pink line and on july 2017 it broke the green...
Presently, moving above 100 EMA and chart pattern showing an upward trend which may give a move of 20-30 pts.
If it breaks the upper resistance line above 660 level it can give a good move.
MACD is above zero line with bullish crossover.
Keep watch on it for future price movement.
ITC is looking strongly bullish after breaking the neckline/ resistance of the triple bottom pattern.
Overall long term trend is bullish as the price is above 100 EMA.
It may rise to 20-30 pts and if it crosses 330 in the near future it will go much higher.
The MACD line crossed above signal line and moving upwards.
PIDILITE
CMP 1123.80
HA Candles broke the resistance line and closed above it.
MACD line is above the signal line and going upwards above 0 line.
The stock is in an upward trend and HA candles is above the 20 EMA which shows positive upward movement.
30-40 points of upward movement can be achieved. It may show strong movement if it crosses 1180-1200.
As of now...
The HA candles have broken the resistance line and supertrend has shown buy signal.
HA candles have crossed 20 ema which is a positive sign. MACD line has crossed above signal line and is going towards zero line.
New candle formed above 20 ema. one can go for long short term trade.
