Stock took support at cluster of 61.8 % fibo level and Lower wedge line. Now above 196 stock may test upper wedge level of 208 and may give break out from Wedge pattern for high level
Clear break down on daily chart , any pull back toward 174-176 is invitation for short for 170-166 sl 179
1393-1400 is break out retest level which co inside with weekly VWAP 1399. Accumulation zone 1400-1393 for 1455-1500 sl 1358
ICICI bank : After strong upside movement stock is available at 50% fibo level. 317-314 accumulation zone for 316-330 sl 307
First Higher High and Higher Low after long time . 1020-1025 level is good entry for 1050-1070-1080 sl 998
Descending Triangle break down below 1.1158 for 1.1114 sl 1.1185
1339 is weekly VWAP and 38.2 % fibo level , both together can act as strong resistance to up side movement . Will be selling @1339 sl 1352 for 1309 -1290
Stock made Doji candle at Lower Bollinger band which is above 200 SMA. Above 370 stock may rise to 380-387 sl 358
Stock is available at break out retest level . I will be accumulating in range of 1350-1385 sl 1135 for 1500-1600-1700
Upside rally will resume only above 9450 , before that Nifty may correct up to 9269
Stock has made Lower high and Lower low , which confirmed down Trend , any pull back toward 514-520 is shorting opportunity for 500-490-481 sl 530
Stock looks weak till 1126 which is weekly VWAP level . below 1197 stock may slide to 1071-1055 sl 1140
Last 3 days VWAP level are 1431 , 1429 and 1414 . Below 1414 stock may slide to 1400-1380-1360 sl 1446
On 1 hr chart stock is on verge on break out for 206-210 , while daily chart also suggest rebound .
stock is underperforming market and making lower high and lower low and recent trendline break down suggest stock may slide till 154.6-150.9 sl 164
Stock made Doji candle on daily chart below Weekly VWAP level (Green dots ) as well as on 1 hr chart stock below last 3 days VWAP levels in Blue dots Based on VWAP study stock looks week and providing shorting opportunity @ weekly vwap level of 216.8 with sl 220 for 210-208-204
Head and shoulder pattern , below 1400 stock may slide up to 1363-1321 sl 1430
Ashok Leyland : Facing resistance on daily chart , would be going short based on VWAP levels marked on 1 hr chart sl 89