Sunpharma has broken the downward trend line. RSI positive divergence confirms the upside movement. in.tradingview.com
Hero Motocorp is in accumulation phase. Downward trend line has been broken. RSI postive divergence break confirms upside movement. Once the engines get enough power, it will move towards 3300. Journey is long, needs enough power to reach the destination. Happy Trading! in.tradingview.com
Buy bank nifty 18050 with target 18200 stoploss 18000 in.tradingview.com
Daily candle in Yesbank is making higher high and higher low. Buy Yesbank - 1150 target 1200 with stoploss 1140. Happy Trading! in.tradingview.com
Shriram Transport trend line is broken and it is moving up. Can go long when it retests the trend line with stoploss 840. Targets are 900 and 920. Happy Trading! in.tradingview.com
Buy Vedanta at the price 219 with stoploss 216. Targets are shown in the chart. Happy Trading! in.tradingview.com
Bank Nifty is still below the resistance 18047, but it is trending inside the channel. in.tradingview.com
If the price go along with the shown trend line, we can go long. Targets are shown in the chart. Happy Trading! in.tradingview.com
After facing strong resistance at 190, torrent power has broken the trend line for the second time. Price closed below the trend line showing further weakness. If the price can not go above 183, we can go short at the price 180 with target 177,174 and 170 with stop loss at 183. Happy Trading! in.tradingview.com
As I have mentioned in my previous post, Nifty has almost reached the first target I mentioned. I mentioned the first target is 8092, today Nifty reached 8095. According to Dow's theory, line formation indicates movement. If it takes long time in forming line, the movement will be very strong. If you have short Nifty at 8130, use trail stop. Targets are same....
You may be wondering what is nifty planning to do. Its very simple. Use simple trend lines. Nifty is warming up to make a journey towards 7923. Sell below 8130. Targets are 8092, 8066, 8012, 7954 and 7923. Stoploss 8175. Tighten your seat belt and take a rid in.tradingview.com e with Nifty. Happy Trading!!!
TVSMOTOR is moving inside the channel. After taking support at 340 it is travelling inside the channel. We can go for short at the price 378 with stoploss 380. Targets are 370 and 365. Happy Trading!!! in.tradingview.com
Bank Nifty is gaining momentum slowly. When people started to stuff crores of currencies in banks, it decided to move within a channel. However twin tower gives us the clue that it is going to move downside. Bank nifty has resistance at 18750 and support at 18050. When Bank Nifty tests 18050 for second time and closes below it, we can go short. Target is 17100...
After taking good support at the price 30 ZeeMedia is trending up inside the channel. Volume does not support the uptrend, showing weakness. We can short at the price 40 with stop loss 40.80. Target is 38.5. If the trend line is broken chances are there to fall till 31.5. Happy Trading! in.tradingview.com
Jet airways is landing down slowly and gradually. Unless it forms a double bottom at 338, it will fall further. As of now it is trending in channel. If the price can not sustain above 366 we can go short at the price 363 with stoploss of 367. Targets are 358 and 353. Happy Trading! in.tradingview.com