Bullish for R1, R2, R3 as targets mentioned on the chart. SL 2126 Use dips near 2155/65, or as per your strategy for given targets. Regards Sharma Yogesh
This scrip is weak below 154 for targets 149/136/126/118 with sl 159, or till the stock holds below 161 it is a sell at rise for same targets. Regards, Sharma Yogesh
SBIN as suggested was at major support at 348 yesterday, but it failed to hold and 15 min divergence which is less reliable also failed with that, now the next support is at 334/24, which will fill the gap Regards
What a catch from 369 to 350, now holding above 348 will push the scrip towards 357/363/372 Regards, Sharma Yogesh
Bearish for target 1350/1240/1130 till it holds below 1508, rise can be used. Regards
Lets have a look what we got for trading For Bulls --> We already mentioned 2 targets in our previous idea of the indusind bank for targets 1550/1650, first target was achieved and it fell from the same levels as it had major resistance of 200 and 100 Dma and kumo cloud, now the daily chart might not look great for bulls, but lets see how we might see this as a...
Nifty50 has got major support at current level or at yesterdays closing, holding below 10390 we might see fall towards 10336/25. But that looks difficult for nifty to fall towards that levels. If Nifty holds above 11415, it might start moving upside for the mentioned targets marked w\ green horizontal lines Targets are --> 10525--> 10625 --> 10700 --> 10780 SL...
Will bulls come back at the mentioned support zone or will have to say tata to bata? Scrip has got major support zone at 1265 to 1280 zone, this zone can attract bulls for target 1324/1360/1390/1414 Sl will depend on how scrip moves from the zone, if fails to hold the zone, the setup will be failed and will look below to go long around 1216 levels, no shorting...
We got our first target, but now the rejection from 631 levels, which was major support of 100 dma, horizontal support and kijun sen has given a new possibility towards 670/72 levels, although buying is not recommended, but neither selling unless it goes below 627 and holds below it, possibility is marked with arrows on the chart. The selling will be recommended...
Holding below 374 might push the scrip towards 363/58/53 Regards
holding below 313 will push the scrip towards 304/298/293 Regards
Any rise can be used to go short for target 627/608/600/580 with sl 651 Regards
Holding below 100 will push the stock towards 91/86/83 levels Regards
Tata steel has got major resistance around 479/82 levels, only and only if holds below it, we may witness 463/58/49 levels soon..... Regards
Lets have a look at the analysis --> 1> EW analysis --> Counting from low 1095 on 15th May 2019 till 1304.80 on 11th June 2019 as an impulse move, and from the same high till recent low at 1195.55 as an corrective ZZ move, we might be in either impulse move upside or B of the same corrective more or x of same corrective move. The most biased and preferred count...
What and where you could have sold it? In intraday time frame we had a bearish divergence as marked with an arrow. Once it fell from the top 4707 and made a bearish divergence we had chance to sell, but what would be the sl? That would be the high of today. What would be safe entry ? After 1 hour of bearish candle reversal, we could have sold near bounce at 4670...
Lets have a look at the analysis --> 1. EW analysis --> Considering the top at 695.75 as end of wave 3 and now we might be in 4th corrective wave. Currently, we might be in z of wxyxz of 4 as c might have been completed today. 2. Classical TA --> a. major resistance at 663 levels b. 78.6% fib retracement at same levels. c. kumo cloud support at the same...