In the Weekly Chart of DRREDDY , we can see that, it can now decide the trend and flow of it. Lets see in which direction will it take the move.
In the Weekly Chart of ATGL , we can see that, it might show an up move by building strong Price Action. Go Long for an Year, you will achieve a good % of returns.
In the Weekly Chart of RELIANCE , we can see that, In coming 3 weeks it will be deciding the trend. If it falls, it will take the NIFTY down. Just be cautious while trading RELIANCE.
In the Weekly Chart of GAIL , we can see that, it has given breakout in Cup & Handle Pattern, Also it has retested. Just enter on breaking its high with Low as SL. 25-30 % up move is expected in less time.
In the Weekly Chart of DELTACORP , we can see that, it is forming a Cup & handle inside a Large Cup & Handle. Go Long for this Stock
In the Weekly Chart of HINDCOPPER , we can see that, it has formed a Bullish Hammer at Clone Trendline. We can see a Up move in W Pattern.
In the Weekly Chart of ZEEL , we can see that, it has shown an up move in W pattern. It should slowly move upward by building strong Price Action. Let it retest new week then enter with SL and go Long.
In the Weekly Chart of WIPRO , we can see that, it is at make or break level. 375-380 support has been tested multiple times....support has now become weak. we might see 350 levels if it break down.
In the Weekly Chart of NIFTY , we can see that, it is in downtrend. we can see a pullback and downtrend shall continue. 16500-16600 is the strongest support we can see. Also, Above level was not retested on breakout.
In the Weekly Chart of HDFCLIFE , we can see that, it showed a false breakout at 590 level and we saw a drastic fall. Also it did not hold at 200 EMA. Currently it is taking support at trendline. If you want to enter in HDFCLIFE , Let it form a Bullish Candle or Bullish pattern.
In the Weekly Chart of BATAINDIA , we can see that, after breaking the Trendline, we saw a fall till support. It broke the support also, but now it has done a consolidation of 4 weeks at same same. Excepting a up move from here. Enter at 1425 with 1385 as SL and Go Long.
In the Weekly Chart of VOLTAS , we can see that, it is converted from down trend to Up trend. It is holding strongly at 200 EMA. Since 920-930 levels have been tested multiple times, we can see a further up move in coming weeks. Go Long for VOLTAS.
In the Weekly Chart of KOTAKBANK , we can see that, it is at very important level to decide the Trend. It has taken support of 200 EMA. Trading at this level is very risky. If it breaks down we can see next support at 1470-1500.
In the Weekly Chart of AUBANK , we can see that, It has broken the trendline. It will give a pullback and we can see the downtrend continued till support .
In the Weekly Chart of MARUTI , we can see that, It has broken the TrendLine. We will see a pullback and downtrend will continue till next support.
In the Weekly Chart of M_M , we can see that, it will give a pullback and we will see a downward Price action. Trendline is not retested even once.
In the Weekly Chart of MOTHERSON , we can see that, it is forming price in downward direction. If we see any bullish candle on trendline, we can enter and hold for an year for better % of gain.
In the Weekly Chart of INDIGOPNTS , we can see that, it is holding at a level. Its has formed a Decision making candle. Enter on breaking its high with low as SL Book profits at 1400-1430 Levels.