Page 2 Trader shalinbshah — Trading Ideas & Charts

, 1DShort

As seen in Daily Chart, M Part formation can occur which can give target of 1275 or below....do watch out in coming days...Also volumes have increased since its starting its journey downwards

Reliance - monthly Chart

RELIANCE

, 1M

shalinbshah

As seen in the chart, Reliance in a Monthlu if closing above trendline then will go up...if not then as seen RSI forming divergence....big fall coming in reliance...

Sunpharma - Weekly Flag and also in rising Channel

SUNPHARMA

, 1WLong

shalinbshah

As seen in this chart, Sunpharma formed a Flag but in rising channel too.....Good levels seen in coming days...

Tata chem- Clear Sell Idea coming if Trendline Break

TATACHEM

, 1DShort

shalinbshah

As seen in Candle chart wonderfully following and support taken on Trendine....But if gets broken on daily then GO GOA GONE.. Same trendline also seen in Weekly...Highly Bearish set up coming

TCS - TRendline Break

TCS

, 1WShort

shalinbshah

As seen in the chart, TCS wonderfully supported Trendline and once break big fall coming..This is HA set up...tomorrow any fall on candle chart will start Downfall...

Tata consumer

TATACONSUM

, 1W

shalinbshah

Rising wedge formed on Daily and Weekly....If break den watch out.

Tech M Clear Buy with Support of Trendline

TECHM

, 1DLong

shalinbshah

As seen in the Chart, Holding the trendline can again start its journey for upside...Delivery Volumes increasing...Fall happened with Low volumes...these signs are good for Buy...Buy with SL of Trendline support on Closing Basis

Crude Oil - Near Resistance of 200 EMA on daily...falling

CRUDEOIL1!

, 1WShort

shalinbshah

As seen in the chart Crude taken resistance at 200 EMA on Daily and weekly also started falling...One can easily see levels of 2670-2600 on MCX crude based on weekly view....

Sunpharma - A Clear Buy and INV H&S with target of 540

SUNPHARMA

, 1DLong

shalinbshah

As seen in chart, small INV H&S formed in Sunpharma and closed at nexkline... Tomorrow weekly close and breaking of neckline and close will confirm the journey towards 535-540 Happy Trading!!!