Hindustan petro-weekly suggests that the price is consolidating in a rectangular fashion. The rectangular is likely to breakout. If the price breaks out above 390 , likely target could be 45-50 points from that. the pattern gets invalidated below 375
Sun-Pharma daily chart suggests that the price has been making a good uptrend and the previous gap zone is filled now. Will it move further north to fill another gap zone near 630-640 zone.Further price action and volumes to decide. Also note the 200 day dema also supporting the price now. Thanks and Regards Karthik bharathi
Vedanta, price is forming a symmetrical triangle pattern. The price has moved above the falling Trend line,so the likely trend is upwards Can it reach the targets of 248/257.5 with stops at 238 Thanks and Regards
GATI-Weekly chart suggests that,price has formed a symmetrical triangle pattern. Now the price is trying to move out of the triangle pattern with a good white candle. Also the 21,50 week Dema giving good support. If the move is going to continue upwards, can it reach targets 144,166 and a greedy target of 184. Stop loss can be placed below 129. Thanks and Regards
Jet airways weekly chart suggests that, the price is trying to move above the falling TL. Can it reach 625 levels if its bought above 555 levels below 519 the pattern gets invalidated.
Dabur-Daily chart indicates the price is trying to move out of the falling TL, which was acting as a resistance. The price is may further try to move towards 304 and after that it may try to reach 320. Setup will be validated below 290
Hindustan petroleum-75 min chart indicates the price has fallen out of the symmetrical triangle. Further move is likely to south as the selling volume is also high. Can it reach the the apex of the triangle at 492 The setup is invalidated above 515 Regards Karthik Bharathi
Cholafin- weekly price pattern breaking out of the symmetrical triangle pattern on the upside,with a white candle of long buying tail. Can it be longed for a Target 1:1190 Target 2:1240 Stop loss 1115 Thanks and regards
Voltas-Hourly Chart indicates bullish conditions The price has moved above the horizontal short term resistance line with a white candle. Can it meet the previous resistance at 489. It may struggle a while around 478 Stops may be placed at 471. Thanks and Regards
Bajaj auto,the price has fallen from the rising TL ,which acted as a support for quite some time Now the price has breached the TL with a big red bar and today the TL was retested today,implying a downward move ahead. Can it reach the targets of 2745 and 2710 with stops at 2795?
Equitas holdings, the price is trying to move above the falling TL(Trend LIne). RSI gave a Breakout Also the price is taking support at 50 DEMA. Once it closes above the TL i.e 160 it can be longed for 165 and 175 levels Stops can be placed @ 155 Thanks & Regards
The price forming a symmetrical structure, and the price is breaking the upper TL(Trend Line) with a big white candle and good volumes.Hope it gives a good move. Levels are marked in the chart. Thanks and Regards
ITC-Hourly indicates that the stock is trying to move out of the falling channel. If it breaks above the channel, it can be longed for a target of 310 with stop loss at 299.5
LIC HSG fin -4 hr chart indicating , the price is moving out of a falling wedge pattern, with good volumes Can be longed for a possible target of 705 and stop loss at 676.
Gateway Distriparks, has broken out of the falling TL with huge volumes. Can it reach the previous support turned resistance zone around 310 levles with stops at 265 levels. RSI also signalling a trend change.
UBL-weekly indicates a trend change So far the price was moving a downward channel now the price has moved above the upper TL Likely tgts 800 822 stops can be placed around 740
DLF weeklyi chart indicates that the stock is moving out of the 7 year old falling streak. Can it move further above 170 and then to 220 levels. the setup will be invalidated below 140 levels
Mahindra and Mahindra-hourly ,price moving out of the triangle, indicates bullishness LIkely target is 1305 and stops few pips below 1270