saranathanr

saranathanr

Based on global sentiments short or long can be initiated. levels mentioned in the chart

saranathanr

Sun pharma NSE:SUNPH going to thru lot of trouble since last two years. Now trading at support. Expecting pull back to 525. Weekly TF sporting inverted hammer indicating that trend reversal on the cards. Trade is long as per mentioned levels in the chart

saranathanr

Nifty - Short or long wait and watch game

saranathanr

MRF formed Round bottom. The current trend in ascending channel. So expecting a breakout from the resistance at 69830. Once it broke it is resistance it will be good for long. Height of cup 8269 Neckline 69830 buy above 70500 Target 1 78099 CBSL 69825

saranathanr

Amamaraja now has a resistance at 200 EMA. It made a round bottom at Daily Time Frame Will Raja will conquer the resistance?. Once breaks it resistance we can initiate a long. Buy above 812 Target 1 : 821 Target 2 : 847 Target 3 : 904 CBSL (Strict) : 800

saranathanr Updated 

Bullish Harami spotted in Day TF entry point 300.17 target 1 312.45 target 2 324.73 stoploss Strict: 294.03 Thanks for SMSuresh for allowing us to find this one

saranathanr Updated 

Earlier ema 365 support is now acting as Resistance. Bearish Harami is formed in the Day Time Frame. Hence the trade setup is Short Below 985.00 target 1 925.33 target 2 878.59 stoploss 995.44 Since we are riding against the trend (Ascending Channel). So strict stop loss required.

saranathanr

Marico just bounced from its 365 EMA support. Hope it will honour the earlier trend. The trade setup would be Buy : 307 to 310 target 1 : 316 target 2 : 336 CBSL : 301

saranathanr

S&P Breakout in SBIN.

saranathanr

S& P Breakout and crossed all EMAS

saranathanr

round bottom on weekly

saranathanr

Inverted Head and shoulder pattern in daily chart Head 1.4014 any height of the sholder 1.1092 neckline 76.405 Target 1 77.5142 Target 2 77.8064 Stop Loss 76.405