ShaunDsouza

ShaunDsouza

ACC can be shorted because of a head and shoulder that's formed over a very long period. It can be shorted for a period of 3 months plus. THIS IS A LONG TERM TRADE. Its not meant for a short term period of time. It can be traded over a period of 3 months plus.

ShaunDsouza

Dabur could go higher because of the ascending triangle formed on the charts. Even the 21 WMA is supporting it.

ShaunDsouza

You could short it because 21 Weighted Moving Average is hitting the current candlestick and is now giving a bearish move. Its respecting the current downward trend line and you can expect it to fall more. You can keep the stop loss and target as mentioned over here.

ShaunDsouza

BIOCON could head lower because of the symmetrical triangle and because the 21WMA is hitting the red candlestick. Good for intraday trading.

ShaunDsouza

Andhra Bank is forming a double bottom. If reached 73 and broken out it could head higher to levels of 79-80.

ShaunDsouza

ACC LTD has formed a head and shoulder on the 5 year weekly charts. And the next candlestick is nearing the down=ward trend line. It would would be great if you had to short it over these levels.