TF
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Trend indicator
|
Lead indicator
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Candlestick
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Conclusion
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Daily
|
Mild sell has turned into a buy
|
Given a buy after turning up now at 35
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Very strong candle and finish. Has closed above 8/13ema as well. 712 was last swing high and 720 is the 200dema.
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Look to sell out either at 711 or 719. Double bottom is confirmed for the scrip
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Weekly
|
Sell but lowering histograms
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Buy at 19
|
Closed at 100ema supports which comes in at 658. Possible double bottom on cards
|
Low risk set up.
|
Monthly
|
Sell
|
Sell
|
Looks like more downside is likely
|
NIFTY
TF
|
Trend indicator
|
Lead indicator
|
Candlestick
|
Conclusion
|
Daily
|
Today produced higher histogram
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Overbought and gave a sell but today turned into buy
|
Gap up after Doji made as inside day. Was almost a marubozu day. This breakout above 4800 came with higher volumes
|
Longs taken with stop loss as 4820.
|
Weekly
|
Sell but now possible but in the making
|
Buy after turning up from oversold conditions at 19
|
Prices are consolidating around 200ema. 4786 is the immediate resistance
|
Good set up for longs but need to wait
|
Monthly
|
Sell
|
Sell and Oversold reached 16 levels
|
Possible bullish harami on monthly charts. Upmove can happen until 4970
|
Downside looks limited as long as harami pattern is in the making
|
TATA MOTORS
TF
|
Trend indicator
|
Lead indicator
|
Candlestick
|
Conclusion
|
Daily
|
Buy but lower histogram
|
Overbought and now in mild sell
|
206 is proving to be a resistance and seems to be short term high. Could not close above 206.
|
Wait for longs. Can come down till 193
|
Weekly
|
Buy
|
Buy at 68
|
After Very big and strong candle. Fast rise setup may lead to extra gains. Made a new weekly high. Make go sideways to down.
|
Need to see if weekly overcomes the overbought conditions on daily. Weekly looks like turning down as well.
|
Monthly
|
Sell but turning up
|
Buy
|
208 remains short term resistance.
|
Wait
|
INFOSYS
TF
|
Trend indicator
|
Lead indicator
|
Candlestick
|
Conclusion
|
Daily
|
Rolling down at 7.45
|
Sell turned into mild buy
|
Correcting sideways
|
Wait for longs
|
Weekly
|
Buy
|
Buy at 69 but may be rolling down
|
Higher high and higher low. Not able to clear last weeks high
|
Wait for longs
|
Monthly
|
Sell but turning up
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Buy but turning down
|
2887 and 2742 are the breakout or breakdown levels, triangle in the making.
|
Wait
|
HINDUSTAN UNILVER
TF
|
Trend indicator
|
Lead indicator
|
Candlestick
|
Conclusion
|
Daily
|
Sell but may be turning up with lower histograms
|
Sell and reaching oversold zone &after mild buy gave mild sell
|
Inconclusive & correcting sideways since last 4 days
|
Wait for a day
|
Weekly
|
Buy but rolling down and near a sell
|
Overbought and sell
|
Correction going on. Holding on to last weeks low
|
Wait for longs
|
Monthly
|
Buy
|
Sell
|
Correction after monthly doji
|
Wait
|
GVKPIL
TF
|
Trend indicator
|
Lead indicator
|
Candlestick
|
Conclusion
|
Daily
|
Buy mode
|
Overbought
|
Strong marubozu candle at 13.45. 100ema at 13.89. has closed above 100ema at 14.
|
Wait, can present very good setup for longs
|
Weekly
|
Just given buy at 0.48
|
Turned up in buy mode at 42
|
Marubozu candles on weekly with higher high and higher low and accompanied with higher volumes
|
Good for longs
|
Monthly
|
Sell but with lower histograms
|
Buy but at 5.76
|
Bullish harami on monthly
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Marubozu on monthly strong with big volumes
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