L&T Finance is in a downtrend in Daily TF. A rejection at Upper trendline confirms a short entry at Close of candle with target at lower trend & Stoploss at the close above upper trendline.
Ethereum has turned bearish in lower TF. With Negative candle in 75. A short entry can be taken @ 2975-3025. SL can be kept at 3120 with a target of 2600 levels. #Ethereum
#DMART - Avenue Supermart has formed Inverse Head & Shoulders Pattern in 75M TF. Good long candidate once candle closes NSE:DMART above 2950.
#NIFTY is at major zone. More bullishness once the Trend Line is broken.
NSE:DABUR is geared up for more upsides from here. Rising Wedge Pattern breakout. Tomorrow's close will confirm the breakout.
NSE:BPCL looks explosive from here. The stock has already broke out and tomorrow's close will confirm whether breakout has sustained or not. Monthly is sideways and Weekly has price in triangle pattern.
NSE:GODREJCP has given a fresh breakout today. We might see good upside momentum in coming days
NSE:HDFCLIFE HDFCLife is beautiful poised. Late Spotting - Monthly has recently given a breakout and weekly has Inverse Heads & Shoulders Pattern. Good long candidate.
#HDFC is in healthy uptrend for a good amount of time. Recently PA is SW and is in a very good trajectory as we might see Trendline Break-out soon which can resume its uptrend. A Long Candidate.
NSE:SUNPHARMA is in a sideways movement. We are seeing Inverse Head & Shoulders Pattern forming with that. A long candidate on the cards.
NSE:TORNTPHARM was consolidating for a good time. The Falling Wedge Pattern is broken and we might see a good upmove since higher TFs are bullish.
Asian Paints is bullish on every TF. Here on Daily chart we are seeing a Rising Wedge Pattern indicating a strong trend reversal. We can confirm the bearishness once the pattern is broken.
Gold has been consolidating for a while but now it seems that it has turned bearish. Yesterday it broke and closed below the TL. ATP was forming but price went down due to selling pressure. More downfall expected
Jublfood has just given a trendline BO, a FWP BO indicating bullishness. A good long candidate. May test 2350 level
Petronet LNG is coming out of FWP in W TF. Price is giving fantastic move already. We might see more upsides in coming days.
SBI Cards is bullish in higher time frame after Breaking ATH. Though it still hasn't gave a good move. We can see a raw ATP in 75M TF. We can expect a decent move once it Breaks the TL.
A Negative Divergence as per the price action. Good candidate for swing short.