subravi

subravi Updated 

Reliance 1204 - Is at Phase D and good for accumulation. Target 1325

subravi

Nifty 24039 has hit the resistsance and shown reversing signals. A drop to 22600 is imminent. If taregt1 unable to hold target 2 would be 21400.

subravi

Gold 94032 has given a V Top reversal pattern which has neckline at 93986 and support at 91248.

subravi

Nifty 24246 has hold on support 22240. As long as it holds the support on daily close basis could move towards 24572 on daily close basis

subravi

Gold 94751 is moving in a v top formation where support is at 87417

subravi

Nifty has given rounding top pattern which has 24780 as it's climax resistance on close basis.resistance wil decrease as days pass by.

subravi

Wipro 243 is showing dead cat bounce pattern.support is at 236. Breakdown would be ake to 206

subravi

We are happy we could get the trend of gold finally. As we had posted yesterday though gold moved higher to 99358 intraday lost its gain 2000 and finally closed below the resistance 98582 we had mentioned. Today we expect Gold close would be below 98073 and more possibility to get corrected to test the imbalance at...

subravi

Nifty 24167 has given possibly for an evening star pattern. Support is at 23628 and if tomorrow's trade was below 24164 it will confirm the evening star pattern and would open the bearish gate. FII's have added Future contracts while winding up PUTS . 78 K Net contracts are yet to be closed by FII's So we expect Nifty will be moved up to complete the...

subravi

Jubliant foodworks (695 ) has given breakout from round bottom pattern after completing pllback test. We expect it will move to 860 in coming days. News : Jubilant Foodworks Gets Order Demands GST Of 27.2 Million Rupees ROE at 19% Compounded 10 years Sales Growth at 13% Dividend payout of 20.4%

subravi

Nifty 24125 is on the verge of Fibonacci resistance 24134 coinciding with the rounding top pattern in weekly charts. FII's have added Position in Nifty while they have windup their longs We expect Nifty will drop to 0.618 fib support 23697 before gain strength.

subravi

MAX HEALTHCARE INS LTD 1072 is on the verge of its resistance. Signals are bullish after hidden divergence suggests it could be considered for buy for target 1371. Consolidated sales growth is 26% and profit growth of 100% for last 5 years. FII's holding is more than 50 %.

subravi

BhartiAirtel 1899 is on the verge of the rounding bottom neckline. If breaks out we shall find another 400 points rally. Support is at 1710.

subravi

KVB 222 - IS going through Pullback test of its breakdown of 197 neckline. Signals are negatively diverged. As long as it close below 225 We shall expect KVN to drop down to 197. Breakdown of support would take to 160 ( View shared on request )

subravi

NTPC 364 is on its resistance verge. We expect it will breakdown its support 347 to fall down its long tend support 290 in coming days.

subravi

HCLtech 1438 has broke down from long trend support and passed pullback test. Currently It is holding on its neckline support 1425 and expect to test 1530 and/or continue its downward journey to 960.

subravi

HUL 2375 has given breakout from round bottom pattern but resisted by long trend resistance line. Though pattern was similar to that of last year breakout, it seems to fail this time as the last year breakout was clearly above the resistance line. We expect history will not repeat this time and HUL will drop to 2271 before further breakdown to 1600.

subravi

Shriramfinance 691- Has given breakout after successfully completing pull back test. As signals are positive with hidden divergence we expect shriramfin will test 791 in coming days with support 640 . ** HSBC identifies five Indian stocks RELIANCE ICICIBANK TVSMOTOR Shriram Finance ADANIPORTS — as its top picks offering profit visibility ** Shriram Finance...