HDFCBANK NOT able to cross gatley prz zone from past 9 trading session. And created a range of 40 points Stock trading sideways so far , hence range breakout will decide the further trend in the stock. Above 970 - might see 1020 or 1070 levels. Below 910 - might 850 levels
Asian paints daily has Bat Formation. Bat prz zone is at 1860 levels which is near with gap resistance at 1840, hence this provides us with supply zone of 1860-1840. Stop loss can be place at 1900 levels with a target of 1700 levels. Entry of trade can be planned on lower time frame in the zone of 1840-1860. PLEASE DO NOT FOLLOW BLINDLY, DO YOUR OWN RESEARCH.
SUNPHARMA - DEEP CRAB pattern formation on the intraday chart confirming the resistance found on the weekly chart.
Stock showed a good rally with good volume, currently resisting at falling gap resistance + Fib .50 , and the resistance is backed by the RSI, hence seems like stock is in a make or break situation. Current structure of the stock suggests it will go for a dip til 380 levels. I am gonna use the lower time frame to time the trade. Risk reward ratio also looks...
1. Straight fall, prices within 45 degree trend line 2. Serial Gapper 3. Volume Rising with fall in prices 4. Next support 1960 5. Immediate Resistance 2100 6. CMP : 1976 7. Further support 1500 8. Probability of 8 or 10 Record Count session pattern.
SBI - Ready to take deep dive Dear Investors please stay away from this stock.
Stock looks quite weak , if it doesn't hold 175 levels, it might see a sharp fall towards 140 levels.
INFO EDGE - TIME TO FALL AGAIN Self explanatory chart
TECH MAHINDRA - still Weak Major support for the stock comes around 400 levels.
Infy bounced from the long term trend line . This Trend-line has 4 touch points, any tend-line having more than 3 touches are considered as important and the support it provides works as a major support. Since i work on harmonics i can see in Sep 2017, stock formed cypher pattern and the prices zooms from its prz zone and this time stock again formed cypher...
Stock almost did the target in the early trading session, high made was 596.35 The current rally was a pullback and now its time to draw a new trend-line to spot the reversal in the stock. New support levels are 540 545 ( previous resistance turned support) Stock can spot the Resistance near new down sloping trend-line and further resistance will remain...
Trendline break has happen, and stock is heading towards the range breakout before is zooms up Stop loss is at 518 levels