vm_mufeedh

vm_mufeedh

Descending Pattern formed in daily chart of Adani Enterprises. Price breakdown below 50 EMA. MACD gives bearish signal. Trend Reversal could occur. And after all,Market is in negative note. Target 1238

vm_mufeedh

A short term buy call for Hindalco. Current market price in good demand zone and rejected lower trend line of channel. MACD shows good crossover. 9/21 EMA crossover happens. short term buy with a target of 470

vm_mufeedh

Cup and handle chart pattern formed. Fibonacci levels shows price retraced 50%. Current market price at a demand zone and touched a well respected trendline. Go for a long position and keep a target Rs.4600

vm_mufeedh

A Triangle pattern with a respected trendline and a higly support zone.Good Beakout and Retest of a triangle pattern is seen in Havells daily Chart.Go for long position with pivot levels as target.

vm_mufeedh

Do you guys remember SPIC. Who else a market enthusiast can forget Harshad Mehta.... The God Father of SPIC. SPIC is trading a well respected channel since its inception in 1999.Now its again testing the upper trend line in weekly charts and strongly trying to get a breakout. Wait for this month close.Lets hope for a breakout.Might be a wealth creator... God...

vm_mufeedh Updated 

BhartiAirtel is showing a symmetrical triangle pattern and a triangle pattern with a long term demand zone.Wait for a breakout.preferably upward movement is coming and take a long postion with a target of 600.

vm_mufeedh

An ascending triangle pattern with long term trend line.Confluence of demand zone and chart pattern. Buy SAIL above 134.

vm_mufeedh

Go for Long position in Tata Power.. Showing good consolidation and a confluence of trend line and a triangle pattern.might be a wealth creator.

vm_mufeedh

Rising Wedge pattern is formed in Daily chart of TCS. one can try long position to catch range movement...else wait for trend reversal and might take a consolidation on nearest demand zone.

vm_mufeedh

LTP of ITC is on a good demand zone and is forming a ascending triangle pattern with support line. Also shows a symmetrical pattern with a long term trend line. look for long position with a safe target of 240 and a far target of 255. thank you