Hi All, Nifty is forming a Bullish Head and shoulder pattern which is giving a tgt of 4510 in near term.Having said that market as we have already seen a pre budget correction a small pre budget rally can take us to the 4510 levels As far as i am concerned we are in corrective… Read More »
HI All, After today’s small rally Nifty has been forming ascending triangle as i said earlieer and updated 5 and 15 mins charts i m attaching 4317 is levels to watch tomorrow if moves above that than 4347 is on cards downside support at 4284 4276 42685 EMA @4298 and 13 EMA@4261
Unitech looks Ripe for bounce if it sustains above 79 for actually it has formed hammer (not exactly ) which is trend reversal Stocs is in oversold zone It has got good support at 71 odd levels so a dip there can also be used to buy Tgt are 85 94 RIL above 2040 can… Read More »
If Nifty holds today lows and we can see positive global cues we can see 4450 in 2-3 days Resistance:4297.45 4344.15Support:4173 4096 For Camarilla Pivot PointsL3:4201.18 L4:4167.01H3:4269.51 H4:4303.68 If L3 breaks go short for a tgtforf 4167and if H3 breaks go long for a tgt for 4303 Another chart came to conclusion after a discussion… Read More »
RIL 15 mins chart is attached in the bottom of the Down Channel IF suppose it breaks than we may see 1900 on RIL Better go long keep a SL of 1850 for a tgt of 2012 2100 2125
Reliance has a break or Break levels at 2099 If it is crossed can see 2112 2162 2200 and if not can see 2074 2042 1973 1942 Rcom strong support at 295 if dips there can buy with rs 3 sl for 311 325 Levels SBIN excellent support at 1600 Cmp is 1725 Resistance is… Read More »
Nifty as said in previous week analysis jas formed a Doji pattern which means a trend reversal is on cards. Nifty closed below previous week low of 4380 a sign of trend reversal but more confirmation will be required will keep u all updated. And after week we are down 6% on Nifty so whats… Read More »
Well after 2 days of relentless selling and turning each and evey analyst to give some bearish move i have some ray of light for ppl who went long in dying hours of trade As seen from the charts if we move and sustains above 4270-80 range tommorw than possibly we are haeading towards 4343… Read More »
LIC Housing Housing looks in an uptrend channel today took support at the bottom of the channel and took support at 13 EMA. Should give a good bounce and if the support of 545 breaks go short with rs 5 sl and Buy above 556.50 Levels needs to be watched Resistance:561 576 600 Support :552… Read More »
Hi All, Thanks for the immense support which all the visitors and Blog followers have given for the Blog to Reach 26K mark (Which is a dream number and an elusive one to me ) in a short span of time. I would try to work with more dedication and commitment as ever before and… Read More »