Head and shoulder and now in down trend. Likely to hit 6K by Mar 18
Double bottom seen in Lipin Good time to do bottom fishing
With good buying support. Targets could be 305 and 344 SL 243
Very good breakout with volume confirmation. T1 1050 T2 1250
Since march 2018 Co relation between these two index is missing. Question is will nifty correct or will midcap rise...?
Likely channel support in Colgate at 1050 Levels.
Breakout above 2550 can take it to 3100. Medium term its a bearish counter.
At lower end of downward channel a good falling wedge is seen one can expect a short term bullish breakout with target of about 380 in next quarter or so..
Very high volumes and we see doji. Now trading below Doji. Expect to see 1350 levels here in near term. Overall trend might still stay positive if buying comes at below 1400 levels...