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Bajaj Holdings & Investment facing resistance from 200 DMA and formed reversal pattern on weekly chart, wait for some more correction to get into this stock.

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Profit booking was seen in GLENMARK in the last week, huge rejection from higher price and formed a longer wick at upper side of the candle. followed by big bearish candle on weekly basis. wait till this week further correction expected, observe price action at 410 if it falls below 400, 360 is good to price to enter.

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Have an eye on ASHOKLEY price action on 1-July-2020 on daily closing basis, if it takes support at this level it can rally further. it has fallen 20% from it's peak.

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Pole Flag pattern formed on INFY on 15 min chart

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SBICARDS formed a pole flag pattern on 15 min chart. Have an eye on it. As NIFTY looks bullish and eyeing 11000, this can quite easly break flag pattern and rally further. however 700 looks very short term resistance.

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As per monthly charts NIFTY has to close above 10000 level to consider this as rally, otherwise it will treated as pull back retracement only.

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if it breaks 333 level it can fall upto 308 levels, it may fill gap. moreover we can see lengthy falling candles with high volumes, indicating further downfall.

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As per daily chart it has stuck in a good range beakout in either side can give good price momvement.

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if GAIL Breaks lower support level it fall by as much as 10%.

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If Escorts closes above 702 level, it can rally 6-8%.

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NIFTY has closed below 200DMA indicating bearish trend. Recalling 2008 fall: NIFTY has fallen from a peak of 6300 to 2300, almost 60% fallen from its peak. however during that time it made lower lows to make it to that low levels. After consolidating at lower levels for nearly 6 months between 2400 and 3000 levels. it rallied almost 100% within 3 months from...

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STAR Broke Resistance Trendlyne Zone, but closed below 200DMA on 15Min chart

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it can fall upto 10379 fallowed by 10300

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LICHFIN facing resistance from 200DMA on weekly chart, it either fall to 100 or 80. it may consolidate in the current level also

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BANKNIFTY is consolidating in a narrow range, it is already opened in a gap down, which will act as resistance, so mostly downside breakout possible. moreover no positive news.

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if it falls downside, it may fall upto 283 followed by 275. if it breaks upside, it may go upto 300.

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if it closes above 29130, it may go upto 29260.

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STAR is ready for Triangle breakout on 1 hour chart, has a support at 487 level. have been posting good quarterly results for last two quarters. if it breaks lower side next support is at 468 followed by 435. if it breaks upside 550 will be the target. This stock is making higher high's on daily chart.