As on 01/10/2018, JSW HAS FORMED HEAD & SHOULDER PATTERN ON DAILY CHART. SELL JSW STEEL BELOW 368.50 FOR TARGETS 357/348/335 SL 383
SELL AXIS BANK BELOW 595 FOR TARGETS 585/578/569 SL 611
SELL CIPLA BELOW 653 FOR TARGETS 645/634/627 SL 672
BUY BAJAJ AUTO ABOVE 2860/2870 FOR TARGETS 2890/2910/2930 SL 2830
IT IS IN DOWNTREND. SELL HINDPETRO FOR TARGET 238
As on 26/09/18, UPL LTD TREND NOT CLEAR. IT HAS FORMED THREE INSIDE UP AND HARAMI BULLISH CANDLESTICK PATTERNS IN 15 MINS TIME FRAME. BUY UPL ABOVE 710 FOR TARGETS 722/733/745 SL 693
As on 26/09/18, it is in downtrend. BUY IBULHSGFIN ABOVE 1021 FOR TARGETS 1039/1050/1064
As on 15th sep 2018, Voltas is in uptrend. As per Fibonacci, 636 is the resistance level and 563 is support level on daily chart. So, 636.60 is the crucial level for Voltas. If in the coming days it crosses 636 then it will reach 650 soon.
As on 24/09/18, Tata Motors is in downtrend. Sell Tata Motors for target 231.
As on 24th Sep 2018, Nifty is in downtrend. Sell Nifty for Target 10907/10799/10701. Also, as per option chain analysis nifty will fall upto 10900/10800/10700.
As on 24th Sep 2018, DHFL is in downtrend. However, as per fibonacci retracement it is retracing. BUY Dhfl ABOVE 415 FOR TARGETS 424.50/433/442.50. RESISTANCE LEVEL: 413.94 SUPPORT LEVEL: 384.22
As on 18/09/2018, Canara bank is in downtrend. Resistance Level: 250.88 Support Level: 243.28 As per fibonacci and trend lines, Canara bank still appears bearish. Sell Canara bank for targets 240/234.50/225.20 with stoploss 257.25
As on 21/09/2018, Asian Paints is in downtrend. As per fibonacci on daily chart, Resistance Level: 1319.08 Support Level: 1279.28 If Asian Paints breaks 1275 level, then sell Asian Paints. & If ASPN breaks 1320, then Buy Asian Paints.
As on 15th Sep 2018, Reliance is looking bearish for short term and bullish for long term as per support trend line and fibonacci indicator on daily chart. SHORT TERM BEARISH TARGETS_1240.60/1219.80/1200_STOP LOSS 1273 LONG TERM BULLISH TARGETS_1300/1331/1351_STOP LOSS 1229 Moreover, as per fibonacci levels, reliance will retrace upto 38.2% level i.e. 1150 And...
As on 15th Sep 2018, Reliance is looking bearish for short term and bullish for long term as per support trend line and fibonacci indicator on daily chart. SHORT TERM BEARISH TARGETS_1240.60/1219.80/1200_STOP LOSS 1273 LONG TERM BULLISH TARGETS_1300/1331/1351_STOP LOSS 1229 Moreover, as per fibonacci levels, reliance will retrace upto 38.2% level i.e. 1150.
As on 18/09/18, Bank Nifty is in downtrend as per candlestick pattern and also moving averages. Crucial Resistance level is 26644.36 and crucial support is 26363.54. If it breaks 26390 then sell bank nifty for target 26302/26131/26041 with stoploss 26500. Also, Bank Nifty is forming bearish engulfing in monthly time frame.
As on 18/09/18, HLL has made INVERSE HEAD & SHOULDER CHART PATTERN in 4 hourly and 3 hourly time frames. Resistance Level: 1669.70 Support Level : 1657.64 Buy HLL for targets 1682.50/1702.20/1731.40 with stoploss 1644.75
As on 16/09/18, Apollo tyres may fly from the current level as per fibonacci and trend line. Buy when the share crosses 247.20 for targets 251.80/257.55/260.45 with stoploss 230.60