HINDUSTAN UNILIVER STOCK HAS BEEN ON CONSOLIDATION IN H-1 AND LOWER TIME FRAME, WHICH GIVES US OPPORTUNITY TO TRADE ADVANCED PATTERNS ON THE CHART. PATTERN: BULLISH GARTLEY ENTRY BUY : INR 2141.40 STOP: INR 2126.85 TARGET-1: INR 2159.80 TARGET-2 : INR 2171.15
STOCK HAS FORMED BULLISH BAT PATTERN ON H-1 CHART. ENTRY : INR 1873 STOPLOSS : INR 1845 TARGET-1: INR 1902 TARGET-2: INR 1929
ASIAN PAINTS STOCK IS MAKING NEW DAILY HIGHS, WHICH SUGGESTS MOMENTUM IN THE STOCK IS ON THE UP SIDE. LOWER TIME FRAME OF H-4 & H-1 HAS FORMED BULLISH FLAG PATTERN, WHICH GOT BREAK OUT EARLIER IN TODAY'S TRADING. WHICH CONFIRMS DAILY BULLISH MOMENTUM AND GAVE US SIGNAL TO GO LONG. REASON FOR LONG: BULLISH FLAG PATTERN BREAK OUT ON H-1. ENTRY : INR 1871 STOP: INR...
ENTRY SHORT INR 360 STOP LOSS INR 378 TARGET-1 INR 350 TARGET-2 INR 342
HDFC AMC IS IN BEARISH ROTATION FORMATION, AS IDEA PUBLISHED ON 03-JAN-2020. IT IS FORMING POTENTIAL BEARISH HEAD AND SHOULDERS. STOCK HAS FORMED ANOTHER BEARISH PATTERN " BAT PATTERN "AT THE TOP OF RIGHT SHOULDER OF LONG TERM BEARISH PATTERN. WHICH ADDS MORE CONFIRMATION TO OUR BEARISH BIAS. WE CAN ENTER SHORT AS SHOWN IN CHART AS PER TARGET 1 & 2 OR WE CAN...
BAJAJ AUTO HAS BEEN ON STRONG BULLISH MOVE FROM 30-JULY-2019 TO 01-NOVEMBER-2019. AFTER THAT STOCK FAILED TO CONTINUE BULLISH RUN AND FORMED DOUBLE TOP FORMATION BEFORE INR 3300 PSYCHOLOGICAL ROUND FIGURE MARK. AS WE KNOW DOUBLE TOP IS BEARISH REVERSAL SIGNAL. MORE OVER INR 3100 LEVEL WHICH HAS BEEN STRONG RESISTANCE MANY TIME IN PAST ON DAILY TIME FRAME, STOCK...
YES BANK STOCK HAS BEEN ON STRONG SELL TREND SINCE APRIL-2019. STOCK HAS HELD IRS SUPPORT OF 01-OCTOBER-2019. SINCE THAN IT HAS BEEN ON PULL BACK TO DOWN TREND OF APRIL TO OCTOBER 2019. IT HAS CREATED MINOR LEVEL OF STRUCTURE AROUND INR 45 LEVEL, WHICH CAN ACT AS SUPPORT TO RECENT BULLISH MOVE. CHART CAN FORM DOUBLE BOTTOM FORMATION ON DAILY CHART. WE CAN LOOK TO...
EUR-GBP PAIR HAS FORM DOUBLE BOTTOM FORMATION ON H-1 AT PREVIOUS LEVEL OF STRUCTURE SUPPORT. WHICH GIVE US BUY OPPORTUNITY WITH TARGET AT RECENT STRUCTURE AROUND 0.8540.
USD/CHF HAS BEEN ON BEARISH TREND SINCE END OF NOVEMBER-2019. PAIR IS MAKING LOWER LOW LOWER HIGHS. CURRENTLY PAIR IS MAKING RETRACEMENT TO UP SIDE FOR STRONG BEARISH MOVE WHICH WILL GIVE US OPPORTUNITY TO ENTER SHORT TRADE WITH BAT PATTERN.
NZD-USD HAS BEEN ON BULLISH RUN SINCE 8 NOVEMBER, 2019 ON DAILY CHART. CURRENCY PAIR FORMS 3 CANDLE BAR REVERSAL FORMATION (LOWER LOW LOWER CLOSE CANDLE FOLLOWING DOJI CANDLE ON 31ST DEC, 2019) AROUND PREVIOUS STRUCTURE RESISTANCE LEVEL OF 0.6800 LEVEL. RSI WAS ALSO OVER BOUGHT LEVEL AT THAT 3 BAR REVERSAL ZONE. WE MISS THE SELL OPPORTUNITY TODAY ON THE BASE OF 3...
HDFC AMC STOCK HAS BEEN ON BULLISH TREND SINCE OCTOBER 2018 ON DAILY CHART. IT IS FORMING POTENTIAL HEAD AND SHOULDERS PATTERN WHICH SUGGESTS THAT STOCK MIGHT TURN BEARISH IF IT BREAK AND CLOSE BELOW NECK LINE OF INR 2834 MARK. AT PRESENT WE ARE AT RIGHT SHOULDER OF BEARISH ROTATION PATTERN. WE CAN LOOK TO SELL AT CURRENT LEVEL LOOKING AT THE LEFT SHOULDER WHICH...
KOTAKBANK HAS BEEN IN VERY STRONG BULLISH MOVE ON DAILY CHART SINCE SEPTEMBER-2018. THERE IS NO SIGN OF WEAKNESS IN STOCK. SO OUR PROJECTED TARGET FOR STOCK IS AROUND INR 1840/- MARK ( PROJECTED ON THE BASE OF BULLISH FLAG BREAK OUT). STOCK HAS RSI BEARISH DIVERGENCE FROM 12-20 DECEMBER 2019 (MARKED WITH WHITE ARROW). AND PRICE HAS SHOWN SOME WEAKNESS BY HIGH...
HINDUSTAN UNILIVER STOCK HAS MADE IT'S LIFETIME HIGH ON 07-NOV-2019 WITH HIGH MOMENTUM BEARISH CANDLE, WHICH IS ALSO HEAD OF UPWARD SLOPING HEAD & SHOULDERS. ALSO THERE IS BEARISH DIVERGENCE IN RSI AT THAT PRICE RANGE, MARKED WITH RIGHT ARROW. HEAD & SHOULDERS IS REVERSAL PATTERN WHICH HAS OCCURRED AT THE OF THE CHART. STOCK CAN MOVE UPWARD TO RETEST AQUA BLUE...
JUBILANT FOOD STOCK IS IN SIDEWAYS OR IN CONSOLIDATION SINCE 23-OCT-2019. WHICH GENERATES HARMONIC PATTERNS ON CHART.