Is it weak hands flushing or bharti is officially a bearish airtel now :( Chart looking for formation of completion of handle/cup, Header/Shoulder.. Key levels to watch 400. Minor support at 420. A bounce from here can make it move for good !!
Key Reason for the view: 1. Triangle breakout 2. Channel range breakout 3. Good volumes
BNF made a superb journey lead by leaders HDFC and ICICI. Need to wait to confirm if there will be breakout or will there be a pull back again into the channel !!
HUL after good results, looks to be forming a cup and handle at the trend line. Supported by GANN numbers look to be a buy at cmp as a bounce is expected.
Been a consistent run from the lows of 200 to 290, a whooping 40% return. Heading to the key level of 300. A breakout on the cards? Keep an eye!!
CEAT breakout from the channel, looking to form Header and Shoulders pattern !! Economy opening up, auto numbers coming out good. Looks to be back on its long run..!! Above 1020 a definite buy for long
Wait and watch for Bharti now. Is it weak hands flushing from the system..? Either way, wait for a reversal from its strong support zone of 400 before any move.
JK moved good from the lows of March, and looking for a base formation near 1500 levels. Any move up 1500 can take it to further high !!
USD is consolidating and looking to gain strength again. This time it might go and hit 80. Buy on dips with the support level given in the chart !!
Reliance consistently moving higher highs and forming Pyramid pattern. Every time there is a breakout 200pts move and then consolidation. It looks to well poised for 3K eventually !!
Been in descending trend and finally looks like there is some good consolidation for few weeks now. Getting narrower and narrower, wait for key levels of 120 and 140. Before deciding on further move.
A very good rally, and then an equally volatile correction. Looks like a support finally found, a triangle formation, support trend line, PIVOT channel multiple indicators suggesting some breather for bulls to regroup and be back in the game !!
Silver forming good triangle pattern and looking for a breakout this time!! Weakening USD is helping here!!
After volatile sessions in last few days, BNF looks to be in the minor consolidation before the next leg up. Advice to be buy on dips !!
Observe that RAMCO Cement is moving in a upward channel for sometime and looks to take support at the previous resistance (Now support). Can go long with small SL of close below 680 !!
NG is a cyclic commodity and looks to be in the same form for now. Better to stay away from longs till the trendline resistance crossed and stay put.
TechM at key level, with two probabilities can it give a breakout or the ending of cup can begin the handle cycle? Longs only above 750 the trendline close
5 months of roller coaster and index now 900 pts shy from the all time high!! Can it shoot out or correct will no post expiry !! Good buy at 10600 and 11650 above only longs !!