Bearish Cypher pattern with resistance confirmation, now I expect to price to fall at 330 levels from current price level. Selling will be seen and 61.8 retracement expected.
In a Downtrend, seeking for a short opportunity and due to that I have marked two red arrows to denote whether the short coming will happen at the current price level or after completion of Gartley pattern. I would suggest to hold your short positions till we get confirmed with the downfall point or price action.
Bearish Gartley Pattern is in progress, where completion of D leg is in progress. Waiting to short this at around 360-370 level
Anticipating for a breakout from either side of the trend line.
Currently, the stock will first fill the gap between 500-515 before it continues its downtrend.
Currently, selling is anticipated as per the candlestick charts and lower levels till 872 can be seen within 1-3 weeks.
At D (2040) level, the stock offers a short opportunity.
Risky to buy LIC Housing Finance at this time. Fibonacci clusters of resistance are appearing at the tip of the price travel. We need to watch the levels of 506/508 carefully before buying this stock. If it fails at any of these levels, we can expect a C wave to 380 levels.
ACC can be shorted because of a head and shoulder that's formed over a very long period. It can be shorted for a period of 3 months plus. THIS IS A LONG TERM TRADE. Its not meant for a short term period of time. It can be traded over a period of 3 months plus.
Dabur could go higher because of the ascending triangle formed on the charts. Even the 21 WMA is supporting it.
You could short it because 21 Weighted Moving Average is hitting the current candlestick and is now giving a bearish move. Its respecting the current downward trend line and you can expect it to fall more. You can keep the stop loss and target as mentioned over here.
Short Bharti Airtel (NSE/BSE - India) - See chart for more details