ADANIENT MOVING IN A RANGE.. REFER BELOW MENTIONED CHART...
IF WTI CRUDE CLOSES BELOW 55$, NEXT DESTINATION 51$ & 48$ TO COME... STAY SHORT SIDE...
TCS LOOKS STRONG AS PER THE CONTINUATION PATTERN ITS FORMING.. WE NEED TO WAIT FOR A SUSTAINED MOVE ABOVE 2280, ELSE IT MAY FALL TO 2150 LEVELS..
CRUDEOIL FORMING BEARISH ABCD @61.8% FIB LEVEL ALONG WITH HORIZONTAL SUPPLY ZONE.. WILL SELL @60.5$ SL 61$ TGT 58.5/58$
XAUUSD , SHORTED NEAR 1325$ SL 1330.5$ TGT 1307$
GOLD IS FORMING BULLISH PENNANT... ENTRY 1282 SL 1279 TGT 1300..
BULLISH BAT FORMATION IN SBI, CN B BOUGHT AROUND 297.5-98 SL 296... TGT 310 CN B REVISITED..
RELIANCE INDUSTRY DOUBLE TOP BREAKDOWN, EVERY RISE TOWARDS 1320-22 MUST B SOLD INTO WITH SOME HEDGE TO PROTECT(PREFER IN THE MONEY PUTS) ONCE THE MOVE IS CONFIRMED, EXIT THAT AND RIDE THE ACTUAL FUT SHORTS WITH SOME OUT THE MONEY CALL LONGS TO PROTECT ANY UNWARRANTED GAPUP.. I M EXPECTING 1240/1225 LEVELS SOON..
SUNPHARMA RETESTED THE RECENT BREAKOUT WITH A HEALTHY BULLISH CANDLE (BULLISH ENGULFING) SOON TO EXPECT MENTIONED LEVELS... I WILL STAY LONG WITH A SL BELOW 450...
WEEKLY SUPPORT KEPT HOPES ALIVE FOR THE CIPLA BULLS ,NOW IT BROKEOUT ABOVE THE RESISTANCE 530 LEVELS FOLLOWING A FALLING WEDGE BREAKOUT, IF SUSTAINS BELOW 516 A SHORT IDEA TRIGGERS.. EXPECTED PATH IS SHOWN IN THE CHART..
WEEKLY SUPPORT KEPT HOPES ALIVE FOR THE CIPLA BULLS ,NOW IT BROKEOUT ABOVE THE RESISTANCE 530 LEVELS FOLLOWING A FALLING WEDGE BREAKOUT.. EXPECTED PATH IS SHOWN IN THE CHART..