Through Nifty spot made Weekly Bearish Engulfing Reversal Candle , it is early to say Trend has changed to Bearish. Bearish Trend confirmation only below 20 Weekly SMA 10352 & Rising support Trendline break down .
Nifty on hourly chart near at 200SMA and 38.2% fibo support . Any pull back toward 10875 will face seller .
Triangle pattern break out on hourly chart.
Below 335 VEDL will give Head & Shoulder pattern break down .
Nifty : Any pull back acceptance or rejection at 50 SMA may offer good entry point. 1. My entry level : High of Any Bullish candle near 50 sma 2. My sell entry : If Nifty break 50SMA and fail to cross during 50SMA during pull back
Bajaj Finserve has respected 200DMA from 15/06/2016 and now hovering around 200DMA and support zone . Any move below 2740 will invest new supply till 4345 -4000
Break down below Bollinger Band squeeze , Trendline support , 50DMA and 200DMA. 650-658 is my area of interest for short sell .
Sarla Poly available at break out retest level.
Jubilant life science available at break out retest level.
ABB entered strong uptrend based on Weekly Aroon Strategy .
Bulls defended prior swing low . Above 1720 Bulls may push price toward 1750-1770
Nifty Spot : Nifty may face resistance @10651 . Any rejection at 10651 may drag Nifty to 10666. Below 10666 Bulls may have tough time.
Bullish Gartley Harmonic pattern PRZ 471.6
Stock witnessed Distribution @200SMA and broke prior swing high on huge volume. Stock is in bear grip . Looking for 152-153 level to go short with sl 157.
High volume break out on hourly chart . This may be start of up trend .
Mahindra Resort managed to clear clusters of breakouts starting from Trendline , BB squeeze , 50sma , 200sma on high volume
Break out from downward sloping channel co inside with aroon break out.
Stock meeting my weekly aroon strategy and potential ascending triangle break out.