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Bajaj Auto broke the up trend journey and has turned bearish. now it seems technically week and struggling to move upward. it formed a bearish flag pattern which also confirmed and approaching to flag pole target which is somewhere between 2417-2420. Trader may go further short in this stock with a target of 2417.00 in near term or may be in a week.

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Bank Nifty after breaking up trend turned bearish and fired breakout up ward but could not hold the upward and again turned into bearish and closed within the channel, we may see further down trend with a target of 18400.00 in near term. the three black crows are there to confirm further down trend. risky traders may enter short at CMP conservative traders may...

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Andhra Bank is trading in down trend and trading in a channel downward, after multiple false breakout ups and down sides it has been unable to establish the trend either way, it is now at confluence level if open gap up then there will be breakout and it may trade upward with a target of 64.00 in near term if open gap down will trade in channel with target of...

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Justdial has been trading in down trend and trading in a channel although channel is wide enough, now it is on the edge and it may be a deciding level whether there will be a breakout upward or further down side is seen, technically stock is not looking enough strong to break upside and it may trade further down ward from here with a target below somewhere between 300-280

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NTPC after long term up trend journey broken the trend at 156.00 and turned bearish, it has retraaced to crucial 50% fibo level and looking to trade in upward direction, traders may go long in this stock with a target of its second leg of up trend line resistance somewhere between 160-163. alternatively if it broke the level 145.00 downside exit with small stop loss.

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Infosys Ltd. after breaking uptrend at 1175.00 it has been trading in down trend channel, it is technically looking weak and may see further down side as it has broken long term support also. Trade may go further short in infy with a target of between 840-800 in near term.

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Tata Motors Ltd.after breaking its long term uptrend seems to be trading in bearish channel and trading retesting channel support and resistance. traders may enter short Tata Motors a CMP for a target of 485.00 and again long for a target of around 525.00 if down ward breakout doen't occurs. if it breaks 470.00 then it will approach to next support 433.00 the fibo...

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Jubilant Foodworks trading in bearish trend for long time and has been unable to break the trend, it is forming a descending triangle pattern, It closed last week on strong support 893.00 and seem to go upward from there with a target of around 1100.00 in near term. traders may go long on this stock, but be cautious of breakout downward, it breakout occurs exit...

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Ultratech Cements after its long up trend journey broke at 3921.00 and stock seems struggling for upward movement but has been unable to breakout upward and trading downward since last week and retraced to 38% of fibo level and approaching to crucial 50% level 3410.00, traders may enter short in this stock for target of 3410 to its near term support, alternatively...

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Union Bank of India has been trading in up trend and now it is on the edge and can go either way, it closed forming a shooting star candle stick pattern which is very bearish sign, on the other hand it closed inside the up trend line. traders may go long if market open green with a target of 172.00 in near term or if market open gap down then it will enter into...

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NIFTY after breaking the uptrend it is trading in bearish channel and continuously struggling to break channel upward but has been unable, it closed on positive mode forking a bullish hammer candle and looking to test the resistance in the coming week with a target of 8600.00. we can go long on NIFTY and short on 8600.00 but be cautious of breakout there,if...

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Apollo Hospitals Ltd trading in consolidation period and it closed on long term support in last week end, there may be good opportunity to long on this stock at CMP, for a target of 1330.00 in coming week, and if it breaks the triangle pattern then it may approach the target of 1443.00 in near term. traders may wait at 1330.00 to see if there is breakout occurs...

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DR Reddys Labs after hitting a high and sudden nose down, its is continuously trading in channel and stock hit the channel resistance and now is approaching to its channel support around 3100.00, risky trader may enter short in this stock at CMP, conservative trader may wait as it may retest the resistance 3400.00 again and short there if breakout doesn't occurs.

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Cairn India Ltd. trading in its up trend for long term and forming a rising wedge pattern, after hitting the wedge resistance last week it seems to go in reverse direction with a target to its wedge support at around 122.00 ,traders may enter short in this stock with a slight upward when it hits the resistance again and breakout doesn't occurs.

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Arvind Ltd.to continue its up trend journey, after hitting its long term support on last week close, the stock is still looking strong enough to go further upward, it also touched the up tend line support and stock seems to go up to the target of around 450-460 in near term and from there it will head in reverse direction as it is forming rising wedge pattern and...

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Adani Ports seems to continue its up trend journey further more, it has been remain in consolidation mode around two months and broke the consolidation period now the stock is ready to break the bullish flag pattern that formed on last week close,trader may enter long in this stock after breakout of flag for a target of 348.00, if breakout doesn't occurs it may...

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Bank of India fired breakout to change the bearish trend the stock trading since last two months also it retraced to crucial fibo 50% level before breakout. stock is looking technically strong but it is likely to retest the former level 113.00 support before establishing the up trend. It closed on Friday forking a shooting star candle stick pattern, trader may...

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TVS Motors after breaking its bullish channel has turned bearish, it is technically looking week to break upward resistance. It has retarced to crucial 50% fibo level and may go upward but before upward it seems to be looking to retest the 50% level again around 350.00, traders may go short in this stock with a target of 350 again and then go long if doesn't break...