GITANJALI going to 2-3.. Technical picture does not matter. This company will go into liquidation
CNXPSUBANK need 30pct haircut.. back to 2016 lows....
CSL back to resistance this time kissing mighty 200% Fib Extension
looks like we are getting close to a breakout zone... If it gives a false break and return down then short Dow long Japan will make sense... Keep eye on USDJPY for clue which is close to key support at 106.5
US30 DJI key resistance zone is 24800-900 area If this selloff is for real .. Today it approaches this level in time for Inflation print.. Limit sell 24880 Stop 25020 for risk reward 2x
AUROPHARMA cautious Long above the purple line .. Pharma stocks should outperform NIFTY
Vix spikes over the past year been sold off rapidly. But with Short Vix ETF under liquidation .. The current rally may have lags similar to May 2010 and Aug 2011.. Where we see couple of months of high readings supported by rising moving averages.. This also indicate further selling in markets
DRREDDY Bear Flag or slow buildup or new uptrend!
EHE Estia Health Key support level here at 200dma and channel
Even if Nasdaq is in correction mode NAS100 ABC drive calls for sub 6000. A is done B might be completing soon based on which C will be updated/revised later.
AMZN not sure what to say . Fibs galoreAMZN not sure what to say . Fibs galore. Bitcoin type chart
$HSI into fib cluster likely to retrace down to 20dma where short term resistance line was breached. Short 33500-700 area
$NAS100 IF this selloff accelerates just like Year 2000 then 5080 seems to be target over the next 2 months ...that also coincides with 62% fib of rally since 2016
DRREDDY pivot point.. Get clue from pharma sector .. worth a contrarian buy as overall market about to go risk off for coming months. Look for false break to 2200 where gap exist from 8 December