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Bank Nifty has been trading in down trend and trading in bearish channel respecting support and resistance except some false breakouts and continued in the same direction and also trading in consolidation in channel, In continuation to my previous analysis the call is continue till the target of crucial 50% fibo level somewhere between 17100-17000 in near term....

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Aurobindo Pharma has been trading in down trend but it closed with bullish sign making a bullish hammer, traders may enter long up the channel resistance of around 720 and this level is crucial and channel breakout is possible as it has already tested the log term support.

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Nifty closed on weekend with bearish breakout, under pressure nifty to trader in down trend from this level to with a target of 7650. traders may enter short in NIFTY on retest of resistance somewhere between 8180-8190, if breakout occurs upside exit with small stop loss.

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Nifty closed on weekend with bearish breakout, under pressure nifty seems to trade in down trend from this level to 7650.00, traders may short nifty on retest of resistance somewhere between 8180-8190, if breakout occurs upside exit with small stop loss.

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NIFTY finally broke the silence and breakout occurred and today seems to have turned in the bearish direction. nifty may see first target from this breakout to the 50% of fibo level around 7894 in near term. traders may enter short in NIFTY on retest of the resistance with a target of 7894.

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ONGC has been trading in uptrend respecting support and resistance, it has already touched the uptrend channel resistance and approaching channel support. Traders may go short with a target of 290-292 in near term.

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Sun Pharma has been trading in down trend and trading in channel except some false breakouts due to market uncertainty. It has been approaching the channel resistance with a target of somewhere between 705-710. traders may go long in sun pharma at CMP for target 705 in near term.

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Nifty has been trading under pressure and forming a bearish channel, there have been possibility of breakout downward,traders may enter long if open green and go short if open below the trend line.

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Bank Nifty has been trading in bearish trend although there is a false breakout but it continued in the same direction. It closed on weekend at the resistance of bearish channel and there have been possibility to reverse from this level to the support of channel somewhere between 17850 in near term. traders may enter short in bank nifty only if open red, if open...

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DLF has been trading in down trend it made false break and sharply fell in to the bearish channel,it closed on weekend at the resistance of channel and may reverse from this level to support somewhere between 95-96 in near term if breakout doesnt occurs. if breakout occurs on Monday it will trade upside,traders may wait for breakout if occurs go long else go short.

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Ashok leyland after breaking the down trend it tested the crucial 50% fibo level and again tested the previous level,the stock again seems to be approaching the 50% fibo. level again in near term,trades may enter long in ashok leyland up to the target of 92 in near term.

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Tata Steel has been trading in up trend and has been looking strong enough to go further upward it closed today with strong bullish signs, traders may enter long on tata steel up the channel resistance somewhere between 455-460 in near term. it is advisable to enter long at 50% of todays move around 432-433.

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DHFL has been trading in down trend and after retracing 61% fibo level it shown some strength upside, it closed tomorrow almost touching the resistance and further reversed,it seems, it may further trade down ward up to 50% fibo level again around 240. traders may enter short at slight high to better entry. if it breakout occurs the level 32% (261) it will trade upward.

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HDFC Bank has been trading in down trend and trading in bearish channel, it saw some gain on wednesday but closed on week sign, it has touched channel resistance and may target the channel support.traders may enter short at slight higher price with a target of 1170 first target, if breaks this level next around 1125-1130 the crucial 50% fibo level.

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Zee Entertainment has been trading in bearish channel and now it seems to be in consolidation mode and not looking strong enough to touch the resistance, it may see further down side to the next support 78% fibo level (400) in near term. traders may enter short Zeel with a target of 400.

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Tech Mahidnra after breaking the downtrend has been trading in uptrend channel respecting support and resistance, it closed on wednesday at support of channel and may upside from this level towards the channel resistance somewhere between 508-510 in near term. trades may enter long on this stock keeping in view of breakout downside.

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Nifty after braking the uptrend, has been gradually forming possible bearish flag pattern and it closed on wednesday on the edge of bearish flag breakout level, if nifty breaks 8090 level then it will trade in bearish flag pattern or it may further trade in channel touching support and resistance.

nextgen Updated 

Bajaj Auto has been trading in down trend and trading in a channel although there have been false breakout but it entered in to the channel, as in my previous analysis which was bearish flag patter and it completed almost 80% flagpole, it has now trading at the edge of channel resistance and may go further down or breakout may occurs. traders may enter long after...