TATA CHEMICALS : Scrip precariously poised. Looks like ,it will break 550 this time if fail to close above 631 in coming days. Validity : View valid till trade below 631 DISCLAIMER: I am not a Certified Technical Analyst. Please do your own analysis before taking any Trading decisions.
TATA STEEL : Takes at crucial 481 , Holding which scrip likely to test 562 again in coming weeks. Break above 562 will break the falling wedge and trigger MT Uptrend. View valid till it Holds 481. DISCLAIMER: I am not a Certified Technical analyst. Please do your own analysis before taking any Investment decisions.
INFOSYS: Could correct upto 731 ,725 level and then Resume MT , LT uptrend towards 870 level in coming months. Steady and gradual rise expected. Details in chart. Validity: View valid till scrip stays above 695. DISCLAIMER: I am not a certified Technical analyst. Please do your own analysis before taking any Investment decisions.
INFOSYS: Corrective decline towards 722 likely in coming sessions . View valid till it trades below 738. NSE:INFY DISCLAIMER: I am not a Qualified Technical Analyst. Please do your own analysis before taking any Investment / Trading decisions.
LUPIN : Scrip in crucial {S} at 724. If holds , can hope for upmove. If starts closing below 724 level , one should keep away until the scrip finds its bottom. If "B" leg ended at "BLUE" marking in chart , then 724 should hold , Else NO BUYING till below 724. If "B" leg ended at "PINK' marking in chart , then one should watch 650...
TCS - Scrip near ST support area 2033 - 2025. If hold above this zone , can test 2100 and then towards 2150 level . NSE:TCS . SL close(D) below 2025 for LONG. DISCLAIMER: I am not a Qualified Technical Analyst. Please do your own analysis before taking any Investment Decisions.
FEDERAL BANK: AS long as trades above 100.5, likely to move towards ATH 127 + in coming weeks. Can Buy between 105 -102 with SL 100 closing. Move can be volatile since {R} at every 2-3 Rs. up move . Levels given in chart. Validity: View invalid if close below 100. ...
TCS: AS long as staying below 2160 , scrip heading towards the GAP area 2040 in coming weeks. Down move from 2266 to 2108 is having Impulse structure. Now after correcting .618 FR of this down move at around 2182, scrip again breaking down. Likely to move down to 2100-2095 range first , then towards 2040 level in coming days. SL...
INFOSYS : Consolidating between 773 and 712. Similar pattern to the earlier consolidation marked in chart. After consolidation , will break 773 and travel long way above 1000 in coming months. Unlikely to go below 712 hereafter. Can accumulate between 712 and 773 with SL below 705. Once breaks 773 ,...
TATA CHEMICAL : Scrip Breaks down from Corrective channel. As mentioned in our earlier postings , one more down move looks pending. Keeping 620 as "Positional SL", short can be initited on any rise towards channel Bottom. In EST , one can trade short on any rise towards BO channel with SL above 602 Closing. ...
ESCORTS : Looks ST Bottom registered at 720 on 30/4/19. Likely to move towards 762-764 then 777 in coming days. This view valid till 720 Holds. NSE:ESCORTS DISCLAIMER: I am not a qualified Technical Analyst. Please do your own analysis before taking any Investment decisions.
AURO PHARMA : After consolidation ,scrip breaking out. Will move to Min 840 + in coming weeks once close above 802 on Daily basis. SL below 783. NSE:AUROPHARMA DISCLAIMER: I am not a qualified Technical analyst.Please do your own analysis before taking any decision on investments.
INFOSYS made a strong Base at 705 level which is confluence of .382 FR in 50% Time of rally from 600 to 772 And at completion of "abc" correction from 772. "a" = "c" at 707 level. The momentum from 705 to 742 today confirms bottom at 705 and scrip is heading towards 772 which will be broken in coming weeks. Also pl.note the GAP UP zone " 685 to 695" area...
AURO PHARMA - Breakout above 796 . Close above 801 will give further momentum towards 830 and above in coming weeks. SL Below 788 for ST. NSE:AUROPHARMA Disclaimer: I am not a qualified Technical analyst. please do your own analysis before taking any Investment decisions.
TCS- Fractal- Probable movement in coming months indicated in charts. Likely to be very volatile(as we are seeing)for some more months. Range trading likely to give more yield . NSE:TCS DISCLAIMER: I am not a Qualified Technical analyst. Please do your own analysis before taking any Investment decisions.
AURO PHARMA - As mentioned in previous posts of this month, Scrip price rejected twice in 792-805 Zone. If scrip starts trading and sustain above 790 on Monday without breaking Friday 29/3 Low , then scrip could break (R) 805 and move towards 830+ Briskly in coming days. ...
AURO PHARMA : As expected , scrip took (S) Near FR level near 758 and after climbing to 785 +,price rejected at 787 - 792 zone. (Please ref my earlier Postings ). Now this present decline could get arrested around 755. Watch Pink Channel & FR level around 755 . If gets (S) here , BUY with SL of 743 Closing basis...
LT - Scrip can move up to 1450 - 1470 level and this up move can terminate in this range before correction sets in . Looks scrip is in 5th wave of the current rally, the Targets of which are mentioned in Chart. After this present upmove and subsequent correction , the next upmove could break ATH decisively and take it to more Higher levels. ...