Eicher has made a lower low @ 2317 and subsequently went to make a HH, It gave a pullback and has resumed its upward journey. Any strength close above 2522 can take the stock to 2700 level. Disclosure -> Above analysis is only for educational purpose. Trade at your own risk. NSE:EICHERMOT
Downtrend in Havels seems to be halter temporarily. Stock can bounce back to 1190 levels
Looks like FMCG sector stocks are giving bullish signal. Can go long above 1611 with SL below 1585
Down trend in stock seems to be completed. Long will be more favorable
If tomorrow crosses 29966 can reach 30240-30280 levels. We need to see how it reacts at 30280 levels. 618 fibo level is around 30240
Nifty fall yesterday and pullback today have candle shunting. Price movement on either side possible
Any pullback to 615-620 levels can be used to go short
Bank Nifty seems to have found resistance @ 30900 levels. Here on it would be sell on rise till 30900 is not crossed.
If Bank Nifty hold yesterdays low then can see a bounce back to 29700-29800 level. Break of yesterdays low can see lower levels of 28700-28600
30000 seems to be good support. PE OI is also highest at this level. BO below can shave 500 pts easily.
Lupin - Strong reversal on weekly. Looks set for 1000-1100
Will the stock given BO this item. Strong close above 42 can see 55 levels. Disc: Holding form 35 levels
Bank nifty could swing both ways tomorrow. Wait and watch
29500 CE OI 1.5o times PE. Very interesting day tomorrow. Nimble finger's will make money both sides
Looks like a penant formation. If crossed 4900 with strong candle can see 5000 levels