Grasim is at strong support currently. Keep it on Radar for 400 - 410 - 425 + Considering all global markets are positive today, incase if tomorrow opening is +ve , clearly bounce back is expected. However incase if falls from this level ... next support is at 347.
PEL after double bottom - during retrenchment, did't cross confirmation level and also reached lower than first bottom in double bottom pattern. As we can see currently PEL is critical long term support (from Jun 2016) We can expect bounce back or further fall if breaks support level. Add to watch list ...
Bulls took around 5 months to bring the NIFTY up slowly ... but it took just 10 days or less for bears to take it back to the current levels. Global markets are down on friday.Need to be cautious on Monday & expecting clear trend on tuesday. In current situation none of the technical analysis/study .. working as per predictions ...as we all know Carona is...
BERGEPAINT - trading with strong support even though we see strong fall in market in past 4 days. Considering the trend, incase if breaks we can see further upside. Can add to watch list for breakout
Reversed with support from Fib 23.6 level with good volume finally. Is it set to reverse after double bottom ?? Add to watch list to capture the uptrend ..
Can consider TechM bullish above 841 based on chart analysis and previous reversal trend Keep on radar.
IBULHSGFIN - based on weekly and daily charts on trend-line resistance. Incase if break - can go for long Incase if reversal - can go for short Need to keep on watch list for next trading session PS: No trading recommendation, only based on trend analysis.
Currently Tata Motors is on 50 MA & also Fibonacci 23.6 level. Any bounce from these levels & following trend - will take to 200 levels & above Keep on watch for breakout.
ICICI BANK 545-550 supply zone. short term downside possible from this zone. Only close above 550++ for further upside
Crossed major resistance level and closed above 355. 50 EMA crossing 200 EMA Next resistance at 416.
Formed Bearish Engulfing currently. Taking support from Feb23.6 level. Breaking this level takes to 352-353. Incase if bounced back from the support level, will test 410.
Taking resistance from past 5 sessions Can we see reversal/correction or After crossing further north expected?
Stock is clearly on FIB 23.6% support Level. If breaks 1779, further down side till 1726 possible.
Consistently improving on Higher Delivery quantity and trade quantity Close to 52 week low Zone Formed Bullish Harami. Keep on track for trend reversal and add to long
In addition to grown in volumes, we see stock crossing 50 SMA, formed Bullish Harami and Dragan Fly Doji
Recommendation: Buy at / above: 337.64 Targets: 342.08 --- 346.72 --- 351.39 --- 356.09 Stoploss : 333.06 Sell at / below: 333.06 Targets: 328.68 --- 324.16 --- 319.68 --- 315.22 Stoploss : 337.64
Recommendation: Buy at / above: 564.06 Targets: 569.73 --- 575.71 --- 581.72 --- 587.77 Stoploss : 558.14 Sell at / below: 558.14 Targets: 552.53 --- 546.66 --- 540.83 --- 535.03 Stoploss : 564.06 Resistance 1 Resistance 2 Resistance 3 Resistance 4 Resistance 5 570.02 576.00 582.02 588.06 594.14 Support 1 Support...