Hello & Welcome to this analysis
The outlook has been down from quarterly, monthly, weekly & daily chart study.
Its been in a 2 years downtrend, now near a support but yet to give any reversal confirmation. If this level of 700 fails to hold the next major support comes in at 600.
Overall its a wait and watch stock even from a bounce back point of view
Hello & welcome to this analysis on India's largest bank
A strong uptrend which has recently seen a sideways corrective and the record date announcement of its merger with HDFC LTD could now see it give a strong up move pre-merger.
If it manages to hold 1590-1610 then above 1670 it could rally till 1750-1850.
Failure to hold 1590 could take it down towards...
Hello and welcome to this analysis
Havells has given a fresh breakout today after consolidating between 1290-1320.
It could rally till 1375/1425 as long as it does not break below 1310.
I already have shorts at 140.630.
Price is ranging in the Kumo at the moment with KS resting and Ts showing a slight move down. Not enough confirmation or volume for anyone to add any sells until we see a Kumo breakout, If it breaks out we could see 135 and possibly 130 tested. Also theres news in the AM during london.
USDJPY still in up trend. The price rejected by up trend line (blue line) and stochastic was turning up. Its better to take OP buy with TP 121.500. But, if price could break below blue trend line, the direction of the trend will change to down.
