sachinpachori

sachinpachori

ESCORTS testing 1500 levels today, may trade it for 1530 levels once it sustains on 15min candle above 1500.

sachinpachori

Nifty is at strong support level, can have a pullback today or tomorrow. Trade with caution. Based on Fed news, it can also nose dive. Can also stay on sideline and watch and take trade tomorrow instead.

sachinpachori

PetronetLNG showing bearish pattern (M-pattern) on daily chart intraday target 210-208. Sell on rise for better RR.

sachinpachori

Powergrid is forming clear Head and Shoulders pattern and is going to be in bearish mode for a target of 216-215 in near short term.

sachinpachori Updated 

Possible retracement upto 2670-2650 levels before it go for next target of 3000 in 1-2 months

sachinpachori Updated 

Infosys is at critical juncture to decide its move in short term and will be interesting to watch its closing today. Short term targets in this month if it breaks out on upper side will be 1580-1585. Today and tomorrow will be cautious trade days.

sachinpachori Updated 

Ambuja Cements consolidating on very short term, preparing to breakout on upper side but it needs to break 374 level to reach target of 380-382. Strong call writing at 370 and 380 is not letting it go as of now.

sachinpachori Updated 

Polycab facing strong resistance at 2467 level, if it breaks which is strongly possible in this month will go for 2550 target. Trade with caution as it is high beta stock.

sachinpachori

ABB has given clear breakout on Daily chart. Buy it at 2400-2420 level for a target of 2530-2550 in short term.

sachinpachori

Infoys is at interesting juncture and will be good to watch for today's closing which may give its direction. Currently it is in consolidation phase in short term and may go to levels of 1580-1585 based on its move today.

sachinpachori

BHEL is in downward trend on monthly, weekly and daily charts. Currently it is in consolidation phase. Breakout possible if it stays above 55-57 levels for 2-3 days, then target of 60-62 can be seen. On lower side it needs to break 49-48 levels for target of 44-43. Trade with caution after today's intraday move.

sachinpachori

USDINR is making small flag pattern on daily timeframe, if it breaks on upward side in a day or two next target will be 77.9 and then 78.2. Trade on higher side with strict SL of 77.1

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Coal India is making interesting movement. Strong support on 181 odd level and will rest for few sessions before making a flag breakout, will be interesting to see in which direction in a week or so. My guess is it will go down. Can be shorted for short duration. Overall trend is bullish in long term.

sachinpachori

CBA can be bought at price of 98-99 for a target of 107-108.

sachinpachori

Short term bullish on USDINR (Buy and Target Price) Buy at 77 for the target of 77.6

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Almost same pattern on Nifty. Short term view negative.

sachinpachori

On daily chart Network is in consolidation phase, wait for the break out above price level 113 for near target 118-120.

sachinpachori

In short term Bank Nifty is making a Flag. In day or two it will give a breakout or breakdown. My view is Breakdown.