ACC CMP : 1861 Clearly shows rejection at the top of the trendline. Close below 1856 should signal a short downtrend. This is a rising wedge. Evening star pattern is confirmed. Downward target-1 is 1811. Expecting price to touch the slanting red trendline before any move upwards. Also it is a false breakout. So the down move can be sharp. A close above 1878 on...
Aarti industries CMP : 1321 Watch price action in the blue band. It is support region. 1287 - 1267. Buy in that range.
Hidden bullish RSI divergence on daily. Also a falling wedge developing. Price should move high. The bottom horizontal blue line should be the SL. Disclaimer: This analysis is for educational purpose only and not a trading or investing idea.
Dabur log chart. Buy for long term with SL Rs 487 MCB. See that 8 ema is always above 21 ema. So keep holding till this condition remains Tgt 621 in less than 2 yrs.
USDINR CMP 73.29 CURRENT RSI 49 ON 3 HRLY A BREAK BELOW RSI 44.36 SHOULD SEE A FALL. TGT 73.006/72.70 THIS VIEW IS ONLY FOR EDUCATIONAL PURPOSE.
Indusind Bank CMP - 522. If you see the horizontal dotted line, below that there is a clear head and shoulder formed. The right shoulder is smaller than the left shoulder. Immediate move of 30 points on upside. RSI on hourly is above 50. Immediate short term target is 550. And then 584 or 600 depending whether the rising wedge or the parallel channel...
An ascending triangle formation in progress. Lets wait for breakout
HUL CMP 1688 A rising wedge pattern is seen on the charts. Also a bearish divergence is seen. Correction can be seen till 1657 levels. View is invalidated once upper trendline is broen. Disclaimer: This chart is only for educational purpose. Views and opinions are welcome.
TVS MOTORS CMP 556 TVS MOTORS IN SUPPORT ZONE LONG CAN BE INITIATED SL 548 TGT 586/595. Disclaimer: This chart is purely for educational purpose. Views and opinions are welcome.
HINDUNILEVER CMP 1594 IS THIS A RISING WEDGE BREAKOUT. TGT 1552.SL 1610 CLOSNG BASIS. DISCLAIMER : THIS CHART IS ONLY FOR EDUCATION PURPOSE. VIEWS AND OPINIONS ARE WELCOME