Symmetric Triangle ( looks like Japanese hat ) pattern formation on Sun TV and it may break either side. Trade Long: Buy above - 827 Target 1 - 839 Target 2 - 854 Stop Loss - 815 Trade Short: Short below - 815 Target 1 - 798 Target 2 - 782 Stop Loss - 827 Personal View - May break in downside. wait and enter into trade.
Bullish AB=CD Pattern on USOIL and MACD on bullish crossover on bearish trend. Trade: Buy above - 44.40 Target 1 - 44.93 Target 2 - 45.44 Stop Loss - 43.90
Falling Wedge pattern formation on ACC and it will break only on long side but if does in other direction, consider as false breakout or pattern failure. Trade: Buy above - 1625 Target 1 - 1656 Target 2 - 1682 Target 3 - 1711 Stop loss - 1580
Falling Wedge pattern formation on Siemens and it will break on upside. Trade: Buy above - 1345 Target 1 - 1365 Target 2 - 1387 Target 3 - 1405 Stop Loss - 1317
Ascending Triangle pattern formation on Relinfra on EOD chart and the price will break upside or else if the price break the downside, then it will consider as a false breakout. Trade: Buy above - 510.50 Target 1 - 521 Target 2 - 532.50 Stop Loss - 593
Symmetric Triangle pattern formation on Biocon and it may break either side but the price already broken on upside. So, it will continue the bull run. Trade: Buy above - 341.00 Target 1 - 346.50 Target 2 - 352.00 Stop loss - 334.00
Long Trendline lying on canara bank and need to wait for breakout. Trade: Buy above - 348.75 Target 1 - 356.00 Target 2 - 364.00 Stop loss - 339.00
No words to say about the NSE technical error and its first i have seen this on trading day.... Such a sad for traders and having a doubt on the technology..! Let see, wait for re-opening. Technical Shut down ? Are we in right path on technology world ?
Head & Shoulder pattern formation on Wockpharma and it will break on upside. Trade: Buy above - 613 Target 1 - 619 Target 2 - 625 Stop loss - 605
Symmetric Triangle pattern formation on Divislab on 1hr chart and it may break either side. MACD trend showing neutral bios. So, wait and catch the good entry. Trade Long: Buy above - 664.00 Target 1 - 669.00 Target 2 - 674.00 Stop loss - 656.00 Trade Short: Short below - 652.50 Target 1 - 647.50 Target 2 - 642.50 Stop loss - 660.00
Symmetric Triangle pattern formation on Nifty and it may break either side. MACD on bullish crossover on bullish trend. So, it's having bull strength. Let see, how the pattern respond. Trade Long: Level above - 9645 Level to exit - 9675 Trade Short: Level below - 9615 Level to exit - 9586
Chotta bheem (small) trendline on Voltas and MACD bearish on bullish trend so not give a big move on downside. Trade: Short below - 460.80 Target 1 - 456.50 Target 2 - 452.10 Stop Loss - 466.60
Long Trendline (like china wall) on Wockpharma, if the price will move up once the china wall broken. Oops not china wall, Its long run trendline. Trade: Buy above - 622 Target 1 - 645 Target 2 - 672 Target 3 - 697 Stop Loss - 596
Symmetric Triangle pattern formation on IndusInd Bank on EOD but MACD is bearish on bullish trend. So, MACD trend is not having strength. Trade Long: Buy above - 1502.50 Target 1 - 1520.50 Target 2 - 1536.50 Stop Loss - 1483.50 Trade Short: Sell below - 1469.50 Target 1 - 1454.50 Target 2 - 1438.50 Stop Loss - 1483.50
Long trend line on Union Bank at 1hr time frame. There is a range in between the buy level and target 1 - 153.15 and the price may hold on the level 153.15 for some times. Once the range also get broken then it will touch the target 2 - 155.35 Trade: Buy above - 150.50 Target 1 - 153.15 Target 2 - 155.35 Stop Loss - 148.50
Trend Line breakout in Tata Chemicals on EOD chart and the price will move upside when completion of the breakout. Trade: Buy above - 626.50 Target 1 - 638.50 Target 2 - 648.50 Stop Loss - 611.50
Bearish ALT BAT pattern formation on L&T Finance Holding and price will fall after the pattern gets fill. This pattern indicates the bearish trend signal. Trade: Short below - 150.30 Target 1 - 148.45 Target 2 - 146.20 Stop Loss - 152.00 Note - Please wait until the price to get fill in the pattern.
Trendline breakout of Bearish side on NCC. MACD and RSI trending on bearish side. Trade: Short below - 87.00 Target 1 - 85.00 Target 2 - 82.80 Stop Loss - 89.50 Note - Trendline already broken on downside.