mklives

mklives

APLA labs holding multi year supports very strong supports as 49 to 51 zone but on dips with SL at 49 and keep riding for long term

mklives Updated 

M&M likely has formed a top with an exhaustion gap and sell off after a gap up with heavy volumes likely to correct to the channel lower end

mklives

M&M has been moving in 30 day cycle inside the channel as shown upmove roughly 19 days to the top of the channel, down move 11 days to the bottom of the channel high of 1195 couldnt be crossed again and sold off even Nifty was strong as per study 1195(SL) channel top and 1080 (target)channel bottom looks the fall already begun today 1080 should be achieved by...

mklives Updated 

Metropolis Healthcare correction likely done 1st leg correction took 45 bars 67 days current leg down has completed 45 days 66 days positive divergence on daily charts risk reward is very good buy with SL of 1450 trgt 1850 2000 trgt might take some time for base formation

mklives

HCG gave a strong break on medium term charts with strong volumes after sideways consolidation targets and support marked. SL is the current candle low #HCG

mklives

NIFTY..playing ping pong inside a triangle, will high volatile moves.. its like a war zone ;) 16800 16850 is the nut to crack above, but will be tough

mklives

PEL is forming a textbook head and shoulder pattern after a good rally.. break below neck line will signal end of rally for short term