prabakaran62

prabakaran62

For Details pl.see our Earlier posting dated 24 March 2019 based on Weekly Data . NSE:AUROPHARMA Note: I am not a Qualified Technical analyst. Please do your own analysis before taking any Investment Decisions.

prabakaran62

AURO PHARMA- Scrip til clears 792 - 805 zone decisively, one should avoid long at Higher levels since this will result in Lower top , lower Bottom continuation and the possibility of falling back to 695 can't be ruled out. At the same time , the move from 695 to 792 looks like IMPULSE 5 wave move.It is advisible to wait for FR levels of this Rally and look for...

prabakaran62

FEDERAL BANK could drop to 88 - 86 level in coming days if fail to close above 94.5 . Looks 1st Leg of Impulse move from 78.2 is coming to an end. If fail to move past 94.5 , will drop to 88 - 86 FR levels and likely to consolidate over a period of 9-10 days before next Upmove which will take the scrip to 102 level . BSE:FEDERALBNK Note: I am not a Qualified...

prabakaran62

Reliance if fail to move and sustain above 1282 level and break 1258 , could break 1206 and can come down to 1165 level in coming weeks. Details in Chart Note: I am not a qualified Technical analyst. Please do your own analysis before taking any Investment decision. NSE:RELIANCE

prabakaran62

TATA CHEMICALS - Though getting Good (S) at 550, and a move past 573 may take it to 590 then 605 levels in ST, Unless close firmly above GAP DOWN area 633 -646 , chances of scrip breaking 550 and fall towards 523 , 501 and even 445 level not ruled out in coming months. If it...

prabakaran62

TATA COMM looks Good For LT Investment for Holding Couple of Years Minimum. Likely to Break ATH in coming months. Can Accumulate on 50 to 61.8 % retracements . Disclaimer: I am not a qualified Technical Analyst. Please do your own analysis before taking any Investment decisions. NSE:TATACOMM

prabakaran62

TCS likely to Consolidate in Broad Range between 1800 to 2100( + or - Rs.100 ) in coming Months before Breaks out on Higher Side. BL and SH strategy can be followed for Few months atleast. Close below 1800 (looks Unlikely) can bring it down to 1700 -1650 level. Can buy here also if drops. NSE:TCS Note: Pink Line shown is likely shape of path and not exact...

prabakaran62

SUN TV likely to move side ways in coming months and consolidate in the form of Triangle for Min 1 year. Scrip once makes HH and HL by moving above 621 and then forming a HL above 486 , will strengthen this view. The likely move given in "White" Line is only the Likely Path and not exact levels . Levels can be found once HH and HL formed. Disclaimer: I am not...

prabakaran62

Escorts as long as it Holds 541, LT V.Bullish and will move above ALL TIME HIGH . Likely to be very volatile since moving in Expanding Triangle Patterns. Corrections also will be deep and sharp giving good opportunities to Bears also. Disclaimer: I am not a Qualified Technical Analyst. Investors are requested to do their own analysis before taking any...

prabakaran62

Explained in Chart NSE:RELIANCE Note: I am not a qualified Technical analyst. Please do your own analysis before any Investment decisions.

prabakaran62

Reliance Industries about to complete its "b"leg and "C" leg down likely to retrace the entire "b" leg . This will complete the entire Correction in "abc" which started in 2018 Peak. Pl.note , Reliance is in LT Bullish cycle. Once this "C" leg is completed ,then next Directional Upmove will start and move above the 2018 peak. NSE:RELIANCE Disclaimer: I am not a...

prabakaran62

NSE:LT Disclaimer: Iam not a certified analyst. Please do your own analysis before taking any trading decision.