Chart is obvious. We are at channel top Longs need to be cautious. Aggressive traders may try shorts. Others can wait for reversal or breakout
Bajaj Finserv has rallied almost 40% from the bottom (we caught that) and looks quite stretched here Not worth chasing longs here. no shorts for now
Decent rally from the lows on DLF. resistance around 380. longs should be cautious unles breakout happens. This is not a shorting call
This looks like an overshoot of the channel. Barring a breakdown , expecting a bounce here from around 19.6 Earlier longs stopped out
Silver (MCX is at trendline support Intra day longs can try here. Pls manage SL as per appetite
Small cap index is at gann fan resistance Ripe for correction here
Longs can be tried here around 19.99 with a good risk reward Keep SL as per your risk appetite
Shorts can be tried hereon on nestle. Did golden extension of prior wave if this is an ABC then good RR on shorts here
Nifty FMCG led the Nifty rally and is overbought now Some bearish candlestick patterns have printed in the last few sessions Last engulfing top pattern has sometimes marked lasting tops on the index in the past Bulls need to be cautious
This would be the presumed operating curve on sensex We are quite close to resistance. Would be on watch here
Vix at a critical juncture If holds support, volatility might come back sharply in August
Nestle is at resistance. Poor results this qtr. Longs should consider selling here
Assuming the highlighted ABCDE correction is done here this is a good entry point for longs
Natgas is at gann resistance No trade. Last shorts got broken. Need to see a reversal soon. Interested on short side
Stock has been in severe downtrend. Long signal generated after long time Longs can be taken here
Well valued defence stock available after a decent correction Good Risk reward on Longs here. SL 1175
Gann fans on CNX small cap 100 Support around 804-8100 and rising
Cheap stock with attractive dividend yield Try to buy around trendline support