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It is all the same old level, just look back in to that, of course the daily level is changing day by day and weekly will change on weeks end closing. That is it. Notice Monthly support is protected , may not break new low today & secondly not traded above Monthly resistance 9720. It was told in the beginning of the month that, we may see a sideways market...

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Atul Auto Ltd: 396 is having a break down from the symmetrical triangle, next support 383 &366. Res:450

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Indiavix' (Blue over lay)has made a break out from the trend line and high was 12.87, now is at 12, while maintain the low at 8.84 created on15th May last month. This story was foretold in advance and moving in line with our expectation. Also I had mentioned earlier that, below 9532 nifty' can drift down further. The probability is very high now. Nifty’...

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NSE Volatility the VIX’ index 10.86 and a low has reached the level of 8.84 on 15th may 2017,given the market experts that, no fears of any correction in the coming days. So, traders doesn’t care trading long in the stock market . Volatility Index is a key measure of market expectations of near term volatility. As we understand, volatility implies the ability to...

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SURYAROSNI : 301 is having a breakout from ascending triangle Res:340 Stop:290

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Crisil' is about to have a break out from the falling trend line Stop:1842

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Hindustan Zinc Ltd :246. Correction seems to be over in Hindustan Zinc, is a good stock to have in one's portfolio

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GRP Ltd:1388 is another rubber industry stock is up trending, and trading at support level. A fundamentally sound stock, seems to be highly undervalued, and worth' investing at current level. Res:1480_1620 STOP:1340

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The side way behavior was assumed well in advance and the supports were effective so far. Below 9580 today’s Supports are 9560_9544 & 9530 Weekly above 9610 Nifty’ Resistances will be 9640_9670 & 9710 Weekly below 9570 Nifty’ Supports will be 9530_9476 & 9445 Monthly above 9720 Nifty' Resistances will be 9785 _ 9886 & 9987 Monthly Nifty' Supports 9583_9532...

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Technically the correction is over and BN is well supported at said 23300 level Below 23476 today’s Supports are 23430_ 23390_23360 & 23320 Weekly above 23576 Bank Nifty’ Resistance will be 23620_23660_ 23700 & 23812 Weekly below 23430 Bank Nifty’ Supports will be 23390_23350_23310 & 23190 Monthly above 22635 BN Resistances will be 23765_23871 _23976 Monthly BN...

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Seshasayee Paper & Boards Ltd:₹ 751 The stock is trading at support level in an ascending triangle. An ascending triangle is a bullish formation that indicate accumulation, usually forms during an uptrend as a continuation pattern. Resistance :₹ 847 on breaking above ₹ 847 the stock can reach new heights. Stop:₹ 740

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There open many probabilities. Wave [2[ was a simple zigzag, hence as an alternation rule wave[4[ will be a complex correction. if this is still in wave [4[…. It can be double or triple combination correction. The waves doesn’t show any clarity after the shown x wave. Once the wave[4[ concluded, probably somewhere near the bottom trend line area, it will open up ...

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Abbott India Ltd is trading in a long term Falling wedge. Correction seems to be over at 3988. Trading above 4354 stock can go to 4550 an 4835. where as a trade below 4130 can bring down again the price to 3900' level.

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This is the continuation of the first post made before the BONUS 2:1 at top ₹1143.8. A minimum 38% correction of the current wave [3[ ₹266 is expected to meet in coming months after the current pull backs is over. A Fundamentally sound stock to have in one's portfolio

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Jindal Saw Ltd: ₹73:90 is trading in an up trending channel,currently at support. This Projectile is having a target ₹104 in two months, Stop: ₹72 Let us see how it will evolve in to coming days.

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Lupin' Ltd:1183 RES :1400 , on break above the resistance the stock can find higher levels. support1080 Divis' & Drreddy' updated. Sector wise, in pharma' if you have any one of this stock, that is enough. Aurobindo Pharma' Ltd:644 is already having a breakout from the trading range,RES:730 stop:599

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Story of extended wave says a minimum to wave end 3007 is passed and it went down to the 62% retrace of the last leg now. And it can retrace to 2246 or even to the entire 5 comes around 1386. The pharma' sector is not yet showing a consolidation or any recovery. CNXPHARMA' weekly MACD is below zoro line... AB=CD dedicated to Mr:B (insiderB) :D

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Divislab: 657 is Highly over sold, RSI is showing a positive divergence, will definitely have a pull back from here, but the correction is not yet completed. Could be only a time wise correction remaining, means the stock can remain in a range bound trade for some time. We all know that the sector is facing hurdles, which may require little time to overcome the...