DELV. + INTRADAY VIEW LONG WOCKPHARMA: RCP @ 676.7+ More Accumulate: @ 672- TGT (Intra+Swing) : @683.9, @ 688.7, @ 697+ @ 697+ TGT (Positional): @ 713, @ 725 , @ 735+ SL: @657.6- (By closing)
CRISIL: LONG for 3R 1 : 3 CRISIL: RCP @ 1876.25 Harmonic pattern Bullish BUTTERFLY in Progress Candle Pattern: INV. HAMMER Intraday Levels: RES - @ 1882.2, @ 1886, @ 1895.7, @ 1905, @ 1915 SUP - @ 1865, @ 1851, @ 1837.6 For Positional Levels: Plotted in the Chart.
In HARMONIC Pattern Bullish BAT in Progress. PRZ: @ 209.44 Presenting Combination of Heikin Ashi & Icimoku. Price entering in ICHIMOKU Cloud as Well as HEIKIN ASHI candle shows Trend reversal. ATR Nearer to 6 Months LOW, also Positive for Trend Change. Some important levels to watch: TGTs for Levels (Swing Trade): @ 265.30, @ 269.6, @ 272.70 TGTs for Levels (Short...
Detailed Analysis plotted in Chart. Combination of HARMONIC & Fib Retracement. Take Support from @ 548+ Level in WAVE - 3 Count it is GOLDEN RATIO of Fib Retracement i.e 1.618 Level. TGT: Watch Fib Levels mentioned in the Chart.
Tech Mahindra : As per "Ichimoku Kinko Hyo" Tenkan-sen (Trigger / Conversion line) turn to Upward Direction & Kijun-Sen (Base line) turrn to Dnward Direction, thus Gap decreased. Witnessing Range Bound UP side, Where Kijun-Sen (Base line) Treat as RESISTANCE. H-L analysis signals Breakout AS RANGE Decreasess. VOL also suggests not much DN Side.
NTPC: @ 160 TGT(I): @ 161.3, @ 161.8 (Strong), @ 162.3+ TGT (P): @ 163.3, @ 165.4, @ 166.9 (Strong), @ 168.2, @170.4+ SL: @158.6- (By closing)
]MARUTI : 6762.50. [/b Candle pattern: Possibility of ]EVENING DOJI STAR [/b (Bearish) Indicators: ADX, RSI, W%R & some other Indicators are OverBought. Volume: Much Below 20 day AVG. & -12.44% compare to Prev. day. WAVE Count: Today Already achieved 2.272 Fib. Retracement (WAVE - 5) GAP: Bullish GAP formed on 02 May 2017 (@ 6589.90 to @ 6618)...
DRREDDY Positive BREAKOUT soon DRREDDY: @ 2583 Range bound trade in couple of Week. Correction OVER . Positive Divergence in RSI, W%R, MACD, CCI, Stoch, Divergence Type Start Date Closing Price Indicator Value End Date Closing Price Indicator Value RSI 2/5/2017 2582.65 35.88 ...
LYKALABS Bullish Harmonic Reversal LYKALABS: LCP @ 50.00 . Harmonic Pattern: Bullish CRAB . Candle Pattern: Bullish ENGULFING . Divergence: RSI Positive & OBV Positive . Price Range Compare to Previous Candle: H-H & L-L . TGTs: @ 52.6, @ 55.15 , @ 57.15, @ 59.10 , @ 61.90, @ 65.45 .
RPOWER: @ 47.80 in 25 minn, & Hourly chart Shows some Upside. traded nearer Intersection of DN trendline & UP trend line. RSI crossed 50. TGT: @ 49.30, @ 50.20, @ 50.80 (Swing) and @ 51.50, @ 53.6, @ 54.7+ (Short Term)
KPIT: @ 129.60 RSI & MACD showing strength to move UPSIDE. Intraday TGT: @ 131.1, @ 132.20, @ 133.1, @ 133.80+ Future Traders Can Also take LONG Position SL @ 180- (By Closing).
COALINDIA Long UPSIDE Ahead Coalindia trading @ 277 Forming Double BOTTOM (Follow Chart) Typical H- Pattern. Consolidated in Between @ 270 - @ 285 Zone. Also having Bearish GAP . Can consider short term 7% -12% upside.
NTPC: LTP @ 160.45 Taking Support near 0.618 fib retracement @ 160.2 Made a LOW @ 159.85 5 min Candle at 9.50 AM & Above Previous day LOW @ 159.75 (Opening 5 min Candle of 08/05/2017). So HL formation till Now. Today Made A HIGH Above @ 161.30 HH also formed. Some Indicator also are in OverSOLD.
Metal index NOW at 2833. 0.618 retracement level at 2794. Maximum Metal heavy weights are in OVERSOLD territory. Soon witnessing Reversal. TATASTEEL, VEDL looks Good.
In Weekly Chart (Shown here) Point B = 0.788 XA . Point C = 0.762 AB & so on.... In Daily Chart same Happened. Can See By Changing the Interval to 1D. Also Many of the Lead indicators & Oscillators Shows -VE Divergence.
NIFTY PHARMA INDEX: 9 months DN trend nearer to an END. As it is Defensive Sector, When NIFTY in Correction / Range Bound Mood. History suggests PHARMA, FMCG Sectors Shows Pullback Action. Watch ADX/(-VE)DI Cross Over (Nearer , Not Happened till now) in Favour of Pullback. Chartically AUROPHARMA, CADILAHC, CIPLA, DIVISLAB, SUNPHARMA, LUPIN Looks Good. Discl: Any...
Bottoming OUT from 0.886 retracement level. All Lead Indicator Signals Strong Pull back from @ 134 to @ 158 in short term. LOW Volume Stock. Good for Delv. Based Buy.
If RCOM Hold 32.90 - 33 upto 1.30 pm Reversal seen in 15 min Candle Chart. There is possibility to U-Turn to @ 33.30, @ 33.6+ Levels. BULLISH Morning Star Pattern Will Form. 1% to 2% may Happen during the Day or Next day.