TataMotors though posted bad results bad Chart is at strong monthly support. It can be bought for investment/positional basis around 143-147 with SL below 136/131. for Targets 180-216 (Short Term).
BHARATFORG has broken bearish flag. Entry can be taken anywhere between 507-515 with SL above 522 or 526 and expecting Target of 430-470.
Indigo is at good support level, one can go long with tight stop-loss as these scripts are in full sell zone due to SEBI's new regulations, one needs to be more cautious.
HDFC seems to give breakout in coming days Target can be as per chart.
Expecting AsianPaint to achieve targets of 1.618% of Fibo Levels. However, more volatility is expected as result is around the corner.
Very small target for a script like JUBLFOOD, will give lot more than this, if runs like previous result session. one can simply try the CEs till result and exit that day. If found cheap on result day then again buy..
Expecting BajFinance to be short tomorrow from this level of 2745-55. Expecting atleast 50% fibo move. One can take PUT also.. if high gets broken (which news suggest it can fly more) then only stop would be 2830-45..
Daawat looks good for partial investment at 55-60 levels, if it breaks it, another investment can be done at 35-40 for Target 160 by July' 2019.
As per Gartley long from 1440-45 for 1607. else as per other patterns long from 1400-1410 for 1630..
PidilitInd short position was created at previous minor swing target of 1.618 at 1192. Now It can retest 1126-1135, where one can take entry for short side and can again go long from 1100 level for Target 1250
TataMotors has produced bullish harami reversal pattern right at the support bottom of falling wave structure. It can be long from current for target 470. Not an ideal three drive pattern but other features of the structure one can take into account before going long.
Crude has broken the broadening wedge pattern which is having a target of $57-58.5 (3800-3900INR) by the first week of September. Look for short opportunity on any rise. As per our earlier analysis, short position was created near $72 which has given very good result till date.
Crude Oil following nice pattern, it can be shorted on any up rally only for tomorrow with SL being above 72.85 for Targets of 70.5-70.8.. If it breaks 72.8, then next long target would be ~73.5$ which is also as per monthly breakout happened months ago at $50-55
Recently good down move has been seen in Nifty and currently it seems Nifty making good bearish flag. Our expectation is that Nifty will go up in next few session. If it manages to cross 10603 level then positional short entry can be taken around 10750-10830 which would be 61% fibo level or short entry can also be taken after strong close below 10326 which is...
Expected Retracement Early in the Day. Catch the Low if you can.
Head and Shoulder Pattern Breakout. Now the Target should be the height of the head. Everything is explained in chart.
MFSL is in range since last many days, tried to give breakout on last day but failed miserably. If we look in RSI as a strength indicator instead of Overbought or Oversold things, it has given clear breakout from previous range. MFSL might face some resistance early in the trade but once above 632, it will immediately reach 660 and 700 levels. It can be considered...