#McxSilver Nearing #ParallelChannel / #BullishFlagPattern Resistance Zone. Resistance Zones - 70400 / 71900_72200 / 73100 / 74000 / 75000_75300 / 77950 Support Zones - 67500 / 63700 / 59600 / 58150
InvestmentPick MAHINDCIE Inverse Head & Shoulders Pattern Already gave buy @ 263_267 & active from 267. Now breaking out of Inverse Head & Shoulders Pattern. MCB above 316 will be confirmation of break out & its pattern tgts - 460 / 560. Long-Term Tgts - 650 / 780 / 990
BANKNIFTY UPDATE: Rising Wedge Break Down As mentioned yesterday, breakout fizzled out & then breakdown happened on HCB below 43384 & its target is 43300_43310. So far made low 43379. Immediate Resistance Zone - 43500_43515 / 43800_43870. Next Resistance Zones - 44160 / 44300 / 44500 Immediate Support Zone - 43370_43300. Below that 43020_42900
BreakOut of Rising Wedge which is usually a bearish pattern. These kind of breakouts often won't sustain & fizzle out after some time. So its better to be cautious in BankNifty longs. Resistance Zones - 44160 / 44300 / 44500 Immediate Support Zone - 43970_43980 Trend Reversal Zone - 43850 HCB
#CashTrade | #FutTrade #RELIANCE Inverse Head & Shoulders Breakout Retest Buy @ cmp 2627_2585 | DCBSL 2536 | Tgt 2800 / 2900 / 2950+
#CashTrade #VENKYS Buy @ cmp 2098_1850 | WCBSL 1760 | Tgt 2300 / 2450_2500++
#CashTrade #HIL Buy @ cmp & in dips till 2630 | WCBSL 2524 | Tgt 3200 / 3300 / 3600+
#CashTrade #GRAVITA Cup & Handle Pattern Buy @ 390_377 | WCBSL 341 | Tgt 435 / 520+
#CashTrade #HIKAL Buy @ cmp & in dips till 345 | WCBSL 308 | Tgt 460 / 550 / 580+ #NOTE: B/O confirmation on WCB above 383
#CashTrade | #FutTrade #GRASIM Cup & Handle Pattern Break Out Buy @ 1795_1750 | WCBSL 1628 | Tgt 1995 / 2050 / 2350+
#CashTrade | #FutTrade #PEL Buy @ cmp & in dips till 828 | WCBSL 785 | Tgt 1020 / 1100+
[b ]#CashTrade #MINDACORP Symmetrical Triangle Pattern Buy @ cmp 221 & in dips till 188 | WCBSL 163 | Tgt 287 / 345+
#CupnHandlePattern Buy @ 36_34 | WCBSL 27.50 | Tgt 41.50 / 49+
#InvestmentPick Buy @ 91_81 | MCBSL 54 | Tgt 175 / 200 / 225+ #ParabolicPattern
CNXSERVICE INDEX INVERSE HEAD & SHOULDERS PATTERN BREAK OUT Cmp - 25270 Index gave clear BreakOut in Weekly Timeframe. BreakOut Level - 24784 WCB Pattern Targets - 26900 / 29700 Pattern Invalidation Level - 22752 WCB Buy good looking CNX SERVICE Sector stocks in dips for good upmove. NOTE: Reliability of Head & Shoulders and Inverse Head & Shoulders Patterns...