It will be interesting to see how price behaves near $44/43. If it holds n tries to bounce back it will confirm ABCD pattern with the beginning of "D" wave. Target should be $50.80/ 53. Look for Doji or Bullish Engulfing candle before entering long or divergence in any Oscillators.
Asian Paints, Weekly Chart. ABCD Pattern completed, PRZ @ 1150/1200 Area. Strong Support @ 888 & 725
HAVELLS IND 1 Hr Chart: ABCD Pattern completed & Testing 161.8 Extension Level. Next Possible support @ 387/375.
Well, Not a perfect Bullish Butterfly pattern. But seems stock will reverse from 340 levels. target 362.
Nifty Index Day Chart: If it is not a big event day like GST Bill, It is a short zone here with good R:R ratio. Unfortulantely we can't take risk here now.
Bajaj Electricals ABCD Pattern: PRZ Noted @ "D" Level. As of Now bullish till 310/320 (CMP 265). Near 310/320 one can exit the stock/ Take fresh Shorts.
Polaris may bounce from 166 Levels. Watch for price action/ Divergence in Indicators @ 166 Levels. If Holds 1 can go long with target of 198. (All fibo Levels)
Hcl Tech Seems Bottomed out. 3 White (Japan) Soldiers in candle pattern (Marked Rectangle). One can buy at channel breakout above 780+ if Volume supports. RSI now at 54.
Lakshmi Vilas Bank, Broke with Good volume on July 1st & 2nd week near 100-110. CMP 136. Whatta Move.