dhavaltrade

dhavaltrade

One can go short on BEL with the target of 103.85, since there is divergence in stochastic and MACD , it has also given a breakdown below a short term trendline. It has also made double top and broken the neckline on the downside.

dhavaltrade Updated 

One can go short on Titan on bounce back may be since current stoploss is too deep , however targets are also quite big on downside, all the indicators showing bearish divergence

dhavaltrade

Short it with first target of 1650 and stoploss of 1738, this counter is showing bearish divergence and also has broken down below a trendline and formed double top as well and broke below its neckline, it rarely happens that you get so many triggers in your direction, short fearlessly with stop at 1738 and once you reach targets of 1650 don't book just trail your...

dhavaltrade

It has broken below a short term trend line, once it gives a close below 166 it will break the neckline of double top and then one can short for the target of 158, but the it should close below 166 in couple of candles on daily chart. It's a very short term trade once closing below 166 target should come with in 4 to 5 trading sessions else one should close the...

dhavaltrade

Its giving breakout above the channel, if it closes above 128.7 then one can go long in this counter with a small stoploss of 125 and first target of 141 and then 145

dhavaltrade

Becausious longs, according to me its time to short this guy, since its very close to its resistance and indicators are showing bearish divergence, so one can have a very small stop 0f above 270 and short it for the targets in the zone of 235 to 230 which is near its trend line above which it had given a breakout and taken support there one should square off...

dhavaltrade

This has given a break down below the ascending triangle pattern one can go short on Escorts with stoploss above 670 for the target of 580

dhavaltrade

There are divergences evident on RSI,MFI Bolinger band, wait for MACD to turn negative but wait for the bounce in price for risk reward to be more favorable

dhavaltrade

Tata Global Beverages can be bought on any decline toward 295, or can be bought at current levels with stop below 295 and for a target of 340, as it can be seen it has given a breakout above 6 months consolidation channel with good volumes.

dhavaltrade

There is bearish divergence on NMDC on RSI,MFI and Bollinger band, wait for MACD to turn negative and then go short with stop above 115 for the target of 91

dhavaltrade Updated 

Asian Paints is showing bearish divergence on RSI,MFI and MACD and also its breaking down from flag pattern, my observation is one can short with a stop of 1820 on closing basis , there can be a sharp down side for Asian Paints from current levels

dhavaltrade Updated 

Its giving a break out after forming double bottom on daily charts, one can initiate a trade with a stop of 410 and for the target of 455 in days to come

dhavaltrade Updated 

One can go short on Ashok Leyland with a stop above 80 on closing basis for targets of around 66 , bearish divergence on all indicators and MACD has also given confirmation as it has turned negative

dhavaltrade

Just a warning signal not a confirmation yet though the price is making new high but stochastic is making lower high on 4 hour chart, if MACD turns negative then it gives confirmation and one can go shot, keep watching

dhavaltrade

Adani ports is giving a break down from its double top structure along with the bearish divergences when the price made higher high Stochastic , MACD and MFI made lower highs, target on the down side seems to be around 350

dhavaltrade

Hadfc bank is breaking down from its symmetrical triangle pattern, there could be a sharp 30 to 40 points movement on downside if it closes below this triangle

dhavaltrade

National aluminium is trading within a converging symmetrical triangle , movement of price above it and close on daily charts above the the triangle would push the stock towards 60 rs