rdkriplani

rdkriplani

If markets sustain, this could be a quick short term trade upto marked price.

rdkriplani

Breakout on the cards. Lets see if it moves with volumes after crossing 200EMA (Could face some resistance until 170 though)

rdkriplani

Above 300 expect a sharp move up...

rdkriplani

Leader of the India cement pack. Ultratech cement at 200EMA. Every other big cement company faced resistance at the 200EMA and couldn't cross it. Could this be sectorial weakness? If Ultratech falls below it'd be worth shorting stocks from this sector. ps: ACC, Ambuja, Shree, Dalmia Bharat all couldn't cross 200EMA.

rdkriplani

Not a stock to be bottom fishing yet. Breakdown with massive volumes.

rdkriplani

Negative divergence, couldn't breakout <-- Points towards going down and weakness. Be cautious

rdkriplani

Tom if Nifty takes support around 10690 it could be good for an intraday long from those levels.. #watchlist

rdkriplani

A break below 200EMA could lead it to rest the bottom support again. How DJI opens on Thu will be very important to the overall global volatility.

rdkriplani

Crude down, ATF being switched to GST... Indigo could soon do 1120.

rdkriplani

Stock up on a down day..worth entering and catching the momentum...

rdkriplani

Good Risk Reward to buy this pharma stock. SL below 705.

rdkriplani

Hit resistance around 200EMA and channel top. If it can cross 86 it will give a good move upwards. Until then #watchlist Ps: There seems to be some action coming in smaller private banks overall

rdkriplani

Tata Steel at an absolutely critical support. It got defended today, but if it does it could be a great short. and a bounce because its q2 numbers were good could be a good short term long. Wait and see action tomorrow. Ps: This is a follow up to the metals weakness shared 8-10 days ago.

rdkriplani

Could this be the first NBFC to breakout and start a revival of the sector price wise?

rdkriplani Updated 

Ending the series with a view of the IT index. The support is the 50WEMA, ST support and also a breakout retest. Usually when there is so many indicators at a point wait for a bounce at support or breakdown before taking a trade.

rdkriplani

They say parabolic moves often correct 80% which is $20,000 --> $4000 which is close to the current price Also this parabolic move started after the last time BTC went below the 200WEMA (Marked first arrow). This is the first time since then it is crossing the 200EMA (2nd arrow). Lets see if it takes support here over the next week or so. Also at a key FIBO...

rdkriplani

Bull case secenrio They say parabolic moves often correct 80% which is $20,000 --> $4000 which is close to the current price Also this parabolic move started after the last time BTC -0.32% went below the 200WEMA (Marked first arrow). This is the first time since then it is crossing the 200EMA. Lets see if it takes support here over the next week or so. Ps:...

rdkriplani

Following up on the TCS & Wipro charts which are at short term supports. Infosys has already broken its short term support. Would make for a good short below 615.