Nifty Short on rise as per Fibonacci levels Target 16300 approx. SL 17600
Tata power analysis is looking for short side trade below 227 closing on hourly candle
Indiacem chart is looking good as trading above 200 EMA and trading above long term support trendline zone
This company is in enrichment of thorium in India and Fundamentally very sound company. reported very result as PAT and EPS has increased improved www.screener.in
Long MCXBUILDEX Target - upper trendline SL- below support zone Why? Candle is trading above small support zone wedge breakout How I see 200 EMA ? Unknown bullish trade + (200 trades) > Unknown bearish trade
Rounded top formation in Crudeoil If top has reached then it may fall SL should be 6290 Volume is rising price is falling it may lead to further fall till 200 EMA or 50 EMA support zone
Candlestick works near support and resistance and how this pattern works depicted on chart. Bullish harami Bearish harami, Bullish engulfing Bearish engulfing Hammer piercing and dark cloud cover
CoalIndia looks bullish Taking Support near 200 EMA Short term trend also moving above 20 EMA RSI and ROC Positive zone If you see long term chart like daily chart there also near Pull back support. So from here if move above 174 then 187 first target then 200
IGL is trading within long term channel and above 200 EMA most of the time. It came below 18th Oct but again looking for inside 200 EMA if close above 200 EMA then whatever pattern was there for IGL same will get repeat again. Its slow moving stock and like buy and hold
UPL chart is looking good for short term trades 1) breakout from descending trendline means trend has changed 2) above 200 EMA 3) ROC looks good
Banknifty is in bullish trend for next 2-3 years Rising Channel breakout Target would be width of rising channel Its monthly breakout so effect you will get after 3-4 months
Zeel is looking good as per MA trend analysis and ROC support near zero.
Ibulhsgfin can reach 250 area in short term crossing that then looks good for mid term price would be 300
Long Ashokley is looking good for target 142+ SL 124
Coalindia having weekly breakout Long term chart looks good with strong fundamental and technical chart Regular dividend payment company
Auropharma option strategy trade Short 740 CE 2 lot Buy 760 CE 1 lot Buy 720 CE 1 lot SL for trade when Price goes above buying strike.
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This analysis is based on Breakout retest and Diversion in Price and RSI I have seen this 1 hr of time frame whenever diversion is there after breakout a consolidation will happen and same thing might get repeat here so small correction and then distribution will get start. Upside is limited. Commodity are cyclic in nature. SL 391 Target would be below 370