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Maruti Suzuki has been trading in downtred and slid very sharp in three days, and I seems to be consolidating from the start of the week and gradually formed a bearish pennant which it may break tomorrow and head to target of somewhere between 4210-4200. traders may go short in Maruti Suzuki as is not looking strong enough to make breakout upward, first target...

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Bank Nifty has been trading in bearish channel respecting support and resistance, as in my previous analysis I suggested to buy Bank Nifty, but todays chart shows different view and it is not looking strong enough to go upward before expiry, it may retest the level 18300 again before going in upward direction. there may be good buying opportunity at 18300 and very...

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ONGC has been continued to uptrend it has retested the fibo 23% level multiple times but unable to trend reversal. It is technically looking strong enough to continue up trend, we may see further upside movement up to the target of 293 as first target and wait for breakout if it breaks then go further long. alternatively if it breaks 271 downside then it will head...

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Bharti Airtel has been trading in down trend from couple of months and trading in a falling wedge pattern respecting support and resistance. today it has touched resistance and unable to make breakout upward, it is not looking strong enough to make breakout instead heading towards wedge support somewhere between 284-283. Traders may wait to retest of the...

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What's Nifty has stored in for tomorrow, it is on the edge, this in continuation to my previous analysis, it is still active and today it didn't break 8057 level and reversed touching 8055.20 so tomorrow is the deciding day whether to go up or down. If nifty opens green then breakout will confirm and it may target the resistance around 8200 or if breakout doesn't...

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Axis Bank after braking up trend has been trading in a volatile manner, steep fall, gap down as we see on chart, it is still trading in the same fashion and due to bank nifty impact it also recovered today and tomorrow it may test the channel resistance 488-490 and again it is not looking strong enough to make breakout upward. It may reverse after touching the...

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Cipla after a steel fall and steep recovery & hovering at crucial retracement level (50% fibo level) has formed a bullish pennant. it is on the edge of breakout of pennant if breakout occurs there may be a positional buying opportunity with a target of around 650 in near term. traders may enter long at or after 570 level with a target of 650.

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Nifty continued to bearish trend it tested crucial 50% fibo level and today it rejected support and shown some upside movement but there seems to be limited space for upside movement and it may test the falling wedge resistance somewhere between 8057-8060 and at this level if nifty breaks upward the there would be good upside scope else it may again retest or...

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Bank Nifty after a continuous downtrend halted today at bearish channel support and rejected further breakout. there is some pull back seen on close, it seems Bank Nifty is now ready to head the channel resistance somewhere between 19140-19150. traders can enter long on bank nifty with a target of 19140 in near term.

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As I projected Bank Nifty target in my previous post which almost achieved today, for further Bank Nifty direction to decide tomorrow. if open green then it may head towards bearish channel resistance which is somewhere between 19100-19150 and another situation if open red or breakout occurred then further down ward is confirmed to its next support or 38% fiob level 17800.

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As I had projected NIFTY target in my previous post 7959 which got achieved today, now NIFTY is on the crucial support 50% fibo level which it didn't break today, now at this point where should NIFTY go? There my be two situation tomorrow, it may pull back or go further downward. traders may wait till breakout 7910 (50% fibo level) level if breaks it may further ...

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GBPINR the pair has lost almost 15% value since brexit and has been under pressure, the pair is now looking strong and gradually trading higher high, it is trading on symmetrical triangle resistance and there may be breakout at this point. traders may enter long in this pair if breakout 84.90 with a target of 86.35 in near term or if breakout doesn't occurs it...

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Nifty after breaking down trend channel it has traded further down ward to its crucial 50% fibo support. Nifty doesn't seem strong enough to go upside, it closed on weekend forming a bearish flag pattern. In the coming week Nifty may touch the crucial level 7959 and from there it further breakout doesn't occurs we may see upside movement after touching the 7959 level.

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Yes Bank has been trading in bearish channel, since it broke up trend with steep downside, it has formed a bearish flag pattern and the pattern has broken. it seems to be heading towards measured flag distance somewhere between 965-963 in near term, it is also on the edge, and may form breakout if market go green otherwise it will continue to its target, traders...

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Jet Airtways has been trading in bearish channel and is now on the edge of long term support. it may go either way on Monday,traders may wait to see the breakout downward, if occurred the short entry is advised with a target of 314, of if open green it may trade inside the bearish channel and will head towards channel resistance 416 in near term.

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Bank Nifty after recovering a huge pull back again trading in bearish channel, as NIFTY, SENSEX is also under pressure since note bans, Bank NIFTY not looking strong enough to make a breakout channel resistance 19400, we may see Bank NIFTY heading touching the channel support 18200.00 which it has been already broken but recovered and trading in bearish channel....

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Zee Entertainment has been trading in bearish trend and trading in a channel respecting support and resistance.it closed on crucial 61% of fibo level and is on confluence level. we may see upside movement from here up the channel resistance somewhere between 478-480 in near term, traders may enter long on this stock at slight lower price when it retest the support...

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Apollo Tyres has been trading in the bearish trend and trading in the bearish channel, it closed green on week end and seems not enough strong to breakout upward. It may test the channel resistance and again may trade in channel support. Traders may enter short at slight higher price somewhere between 191-191.50 for better entry price and small stop loss with a...