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 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 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 18/09/18, Maruti Suzuki is in downtrend. Resistance level is 8471.19 and support level is 8363.17. As per fibonacci and support trend line Maruti will fall upto 8281 and then bounce up from that level for targets 8600/89028/9108 by the end of 3rd or 4th week of October 2018.
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.
Ason 16/09/18, ITC is in downtrend in daily time frame. Crucial resistance level is 308.42 and crucial support level is 305.82 as per pivot points (fibonacci). Short ITC if it crosses 297 for target 290/287/280 with stoploss 311.40.
As on 16th September 2018, as per fibonacci and trend lines, resistance is 1388.95 and support is 1322.95 in daily time frame. Although the trend is not very clear but if it crosses 1385.50 then it will be in uptrend and if it touches and crosses 1329.70 then it will go in downtrend so trade accordingly. I will update LT in the coming days with the share movement...