Apple spot cmp 113 Counter is trading around rising trend line support.. Symmetrical triangle pattern formation Good to go long around 111 to 108 levels View gets violated below 105 on closing basis Once counter gives breakout above 118 levels and sustains for 60 mins Levels of 129-137-144 possible
Tata steel spot cmp 420 Bearish BAT pattern formation PRZ around 419 to 422 levels. Rising channel patter :- counter is trading around resistance line of rising channel formation RSI divergence :- price making higher and RSI making lower high,, bearish divergence.. AT cmp counter is good short candidate Pattern violation above 433 levels on closing basis Down...
Auropharma trading around 760 levels Previously counter have taken 2-3 support around this levels and bounced back,, This time it looks like breakdown possible Head and shoulder pattern formation, having neck line support at 760 levels If breaks and sustain below this levels ,, we can see good crack down in counter till levels of 680--640--600 levels,,,
ACC spot trading around 1610 levels Good candidate to go short with some alteration in pattern there is formation of DEEP CRAB pattern,, Counter is trading at long term trend line resistance RSI bearish divergence seen ,, view gets violated above 1650 levels Down side fall till 1550-1500-1460 can be seen
Banknifty spot cmp around 24700 Time cycle maturing tomorrow around 2:15 time zone Trend change possible,, if intraday high is not taken out after 2:15 can go short with stoploss of recent high for down side targets of 3 to 5%
Bank nifty spot cmp 24700 Elliot wave theory Index is on verge to complete 5 impulse wave of impulse phase,, soon corrective phase might would unfold and lead price to wards 23000 to 22000 levels,, RSI is making bearish divergence.. Can be short around this levels view gets violated above 25400 on closing basis down side 23000,,22000 possible..
Hdfc bank spot cmp 1245 Deep crab pattern formation pattern violation above 1280 levels down side fall of 7 to 10% possible
TECHM on weekly time frame Bearish AB =CD pattern formation pattern gets violated above 909 on closing basis Down side 10-15-20% fall possible
Heromoto spot cmp 3365 Good positional short candidate Inverted head and shoulder pattern formation.. Counter currently trading around resistance line of neckline and mid point of rising channel,, RSI makind bearish divergence,, Ever 150 trading session counter is changing it trend,, as per this 19 oct can be perfect trend change date Counter can be short at...
Hdfc ltd Bearish AB = CD pattern formation good candidate to go short view gets violated above 2108 levels on closing basis
Apollo hospital detailed chart for positional shorts
Apollo hospital spot cmp 2215 if any one holding long should book profit If any one willing to go short can go short Best shorting range will be 2240 to 2280 View gets violated above 2344 on closing basis Can see fall of 10-15-20%
mind tree was good short candidate,, missed to post
Infy good short candidate long term trendline resistance ,, angular resistance line around 1190 levels RSI indicator over bought,,, square root resistance level at 1195 Good candidate to go short,, down side 10-15% fall possible view gets violated above 1212 on closing basis..
Heromoto Bearish crab pattern formation on 15 min time frame,, prz around 3305 to 3325 range View gets violated above 3355 Down side targets can be 3244..3190,,3164
Wipro elliot wave counts,, Counter is verge to complete its impulse phase,, and soon corrective phase might unfold. Once corrective wave unfolds we can see sharp correction till levels 346-322--289 levels,,
Nifty spot cmp 12000 levels Bearish bat pattern on daily time frame.. PRZ zone around 11800 to 11900 levels good shorting opportunity Pattern violation above 12450 levels RSI making bearish divergence,, Indicators over bought,, Pattern confirmation below 11650 levels,, once pattern confirms can see fall of 10-15-18% Price levels around 10790-10414-10035,,,,
Best buying zone around 294 to 298 view gets violated below 290 ,, can give move of 5 to 7 to 10 %