Nifty has been moving in a downward channel and now is at potential reversal point. One should wait for a good reversal confirmation to book completely or partially their profits, and if its break out we can see another good move upside. Clearly time should answer us.
Reliance looking good for an upmove considering its reversal and support from the trendline.
Nifty after a downtrend for about past few months has clearly broke out and the retest from the breakout trendline is clearly visible there. Above recent swing high of 16278.5, am expecting an uptrend move. So get ready for some swings with capital.
Shree Cements in downtrend, yet at support in the down channel and market is supporting the upmove for shree cem. One can trade in future once it breaks the red horizontal line.
Auropharma broke its negative trend and currently is at horizontal resistance. Lets see what it has planned and take a trade accordingly.
Manappuram after breaking the upper trendline, took support on the trendline and looking good for an upmove. Its looking good both fundamentally and technically. Let's see where it headed.
Has been taking support for weeks. Can be in a long position until it breaks down and sustains the trendline
Adani at make or break levels.....Its fundamentals are good so I m expecting it to make. Lets see what it has planned
It has clearly reversed from its downtrend at support and now moving in upward channel. Good candidate to trade.
Zee at currents is a good buy for 1 to 2 yrs point of view, for trading purpose above 200 can go to 220 levels.
Any kind of reversal found in the demand zone can be a good buy with the mentioned levels are targets. Partial profits can be booked at targets. Strictly at reversal.
Gold clearly broke out its resistance and playing above it. Now if it breaks 48670-48700 levels levels are market to watch.
Today it broke the trendline and retested it even, but formed a doji instead of buying candle, wait and take a position if you want to trade
Expecting this pattern to form and stock may find some hurdles at mentioned levels. Watch and take a position.
After a very long time gave a break out. Above todays high i ll go look for taking long position and will book partially at mentioned levels.
Info edge changed its trend and has a beautiful swing trade oppurtunity. Broke 4370 level like a hero and am excited to see its next few days moves. Levels are marked in the chart where i ll take partial profits.
Fundamentally not convincing company, but after cup and handle breakout (above 56.5), 10% up move is possible.