Google previously took support on its monthly support levels and started to move up and is now facing resistance at near 170 levels. Also, once crossed above 170, a likely head & shoulder pattern gets completed and then the upward journey for the stock begins.
Today's chart of nifty shows how good supertrend is working these days ... movement halted by supertrend ... now wait to break this level for a bullish move
Nifty is showing a V-shape recovery today with almost gaining to the level it dropped from yesterday ... so is it a reversal in trend for nifty ?? Markets seem to have recovered but bullish trend will start once it crosses 19766 mark on charts ... markets will then make a higher high there and trend will change to bullish
Tata consumer products shown good strength and sustaining its breakout levels ... likely to see good targets above 1000 in coming days to come ... future perspective is bright ... Breakout of flag pattern and a conservative target of near 1050 levels
Elliots showing markets at near critical points, both ways can take turns ... two possible outcomes nearing
Grasim seems to be a BUY with a stoploss below 1705 ... can give good returns in a short term once it crosses 1830 level
Tata steel breakout done in weekly and now awaiting for some high targets in times to come. Retest also completed ... time for an upward journey ... stoploss below breakout candle
Elliot waves suggesting nifty moving down T1 - 19209 T2 - 18953 The projected 5th wave likely to reach 19209 soon and then might have a retracement there for new wave ... also a gap pending at 19209 and hence its a confluence point
Breakout of long term resistance with a handle of Cup formation suggesting big targets for ashok Leyland ... likely to see a multi bagger from here ... target equals depth of the cup which comes out to be around 833
According to elliot waves, market has a support at 43400 and at that point also market is likely to complete its 5th wave structure in elliot