ravinathani

ravinathani

HDFCBANK SELL ON RISE WITH A STRICT STOPLOSS OF 1130/- One can understand the Trend analysis which I have made it very simple and easy to understand.

ravinathani

*NIFTY 50 JUNE MONTHLY INDEX CLOSED AT 10302.10* SHARING WITH YOU MY WORKING ON TECHNICAL PATTERN. 1. Three Red Lines indicate the expected support or in simple words accumulation zone (9030 / 8675 / 8160) for the Index. 2. Strongly highlighted in yellow box as Heavy Distribution Zone between 10585 - 11171 (one can treat in near term as overbought...

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Chart itself is self-explanation of the trend. Any quries / feedback email: ravinathani@gmail.com

ravinathani

HDFCBANK - TREND ANALYSIS Medium Term Trend is down - formation of lower top. WAVE 1 HIGH - 1259.90 Trade above this level will change the trend for medium term. WAVE 1 LOW - 738.75 Trade below this level will attract fresh round of selling in medium term. ---------------------------- Short Term: Formation of B in Wave 2 Corrective phase Wave 2 A High -...

ravinathani

ASIANPAINT is a buy between CMP - 1510 Target expected is marked as resistance (1) (2) (3) levels. Disclaimer: Drawing / strategy made on this chart is for an educational purpose, kindly consult your investment advisor before investing.

ravinathani

Chart itself suggests all strategies for near and short term. For any questions / feedback you may write at ravinathani@gmail.com

ravinathani

Broader Trend: Flat Breakout above: 2123.70 (marked in Black line) Breakdown below 1473.45 (marked in black line) Red Line indicates the near term trend, which is still positive, therefore with a strict stoploss (blue line) of 1587.00 on closing basis buy the stock with an immedicate target of R1 marked in black color 1758.00 and R2 1855.00. Oversold zone for...