I was studying some patterns last week , and same thing was seen in NIFTY Chart , so tried working over it day before and got some results following is my expectation from Nifty as per my working. I am not saying i am 100% sure as All Things Are Based On MONEY , so do your analysis first
1) M Pattern is seen on chart resting the Right Leg near 16100-16200
Stoploss 320 - (44) Points per share
Target 470-500-530 - (106-166) Points per share
It is following a channel pattern , from long time and has taken support recently , result is due today that is 20th jan for 3rd quarter , this can be a good trade if result comes in favour. However slow mover from many days and following this trade from...
I am following this stock for very long time , and has been noticing some formation from last couple of days. As per my knowledge , ISEC is about to give breakout soon if market supports , on technical front i do not see any difficulty in front its breakout , except the market sentiments.
Here are the trade details for ISEC
Price Consolidation -...
HFCL - Two Things are possible in HFCL
One - To Cut the All Time High price at the chart it will take one more support and than hit the resistant only to break it.
Two - Mukesh Ambani is a pure business man , he would have purchased it only due to less valuations , may be near red area or below that , because the last candle which is visible in chart has engulfed...