Wide Bullish diversion can be seen on RSI. price respecting the Vertical yellow line. declined Purple colour line breakout can be seen. RSI positive macd positve crossver. Target 1. 30.30 Target 2. 32.15 Target 3. 34.80 Target 4. 39.10
Be ready for retracement and gap filling in bank nifty . Levels are mention on the chart. It created a shooting star candle today.(Bearish candle) Probably tomorrow morning would be gap down opening for BN.
Tomorrow Nifty can go UP to fill the gap created on 11th and 12 march. If it goes for the same then retracement can be started on second half of the day.
SBIN will try to fill the gap which created between 29 may and 01 june. Before going upward, it has to fill that gap. Go long at 162.
Class A bullish divergence in Bjaj Finance Falling Wedge breakout Good time to go long
Cup and handle breakout in BHEL Everything is mentioned on chart can act accordingly.
Hcltech at the breakout point of 2 pattern. Cup and handle Pennant Go long if its cross 556 on the closing basis on Monday Support and resistance given on the chart. Cheers
Bank nifty made double bottom and RSI made higher lower which is a class B Bullish Divergence. BN is about to break 50 MA after which it will move into short term uptrend. Under this move BN will try to fill the gap depicting on the chart.
Bharti Airtel retraced from the top and will try to take support between 547-535. Long position can be initiated between the above levels for the target of 586-606
Nifty is ready for Ascending triangle breakout, its just on the resistance line. Its also ruining inside a incline ascending channel. It will also try to fill the gap created on 12 march at 10334 price. It also running above 50 MA, which is good sign of short term uptrend
Ascending traingle pattern break out today for UPL If the price stays at 398 on the closing base, then can see a good upside. support and resistance levels are mentioned on the chart, can be considered for buy and sell.
Bhel Broke ascending traingle pattern to upside with volume If it sustain 26.60 tomorrow closing in downward and give tomorrow closing above today high 27.25 then can see a target of 28.35 and then 32.10 respectively. further support and resistance given on the chart.
Today Rico Auto broke pennant pattern upper resistance , if it close above todays high of 26.80 in tomorrow session. Then the Long positions can be taken on it. Support resistance and target given on the chart.
IGL is just completing head and shoulder pattern, good contender for short.target given on the chart.
Technical Analysis India Cement is about to make a complete right shoulder toward neckline which is a final stage of head and shoulder pattern. once it would break the neckline of 66-67 rupees, we can see a huge break down of the stock. Fundamental Analysis Even though India Cements aims to reduce gross debt by ₹200-250 crore in the current quarter, its repayment...
Biocon looking Bullish on Chart. Good time for making Long position on it. 1. Elliot Wave 2, just completed its retracement by 0.5 of Wave 1. 2.Elliot 3 Wave is also started. 3. Prince action is under Ascending Traingle pattern. 4. Higher low, lower low in price action and Lower Low, Lower Low in RSI confirm the Trend Continuation. Levels can be taken from...
RBl BANK is in a down trend making lower low and higher low waves and then created a Descending Triangle. In RSI Trend continuation Convergence can bee seen clearly, In price action creating downward line by Lower high and in RSI Higher high. Levels are mentioned in fibonacci.