There is a cup and handle breakout and stock is retesting support zone of 800 ready 1080 targets soon.
The volumes are steady and trendline breakout with volume should lead to stock testing new highs soon.
HINDZINC above 335 can give breakout towards 360 372 zone With SILVER and COPPER price rising there could be some action in #HINDZINC
This is weekly chart of DJIA gave a trendline breakdown may test 22 EMA 34235 then bounce till 35000 and then we will see 33088 this is what my analysis shows. One thing interesting here is the OBV the OBV broke the support of June and July
ETH is a good short below 2520 for 120 points target there is a hidden bearish divergence on charts and seems topping out for the time being.
SRF long buyers trapped at higher price can see sharp selling. SRF is sell below 2600 SL 2880 Target 2100 2000 Timeframe 3 weeks
Voltas can test 403 levels a Doji on weekly though sign of trend reversal could be short lived a perfect buy candidate at 390-400 Zone keep on radar. Sell Below 462 SL 476 Traget 405 Buy Above 493 SL 459 Target 535
Tyre stocks gaining traction BALKRISIND has given a breakout on daily charts and if there is any retracement to 980 1020 levels the biying is supported by good volumes. CMP 1022 Accumulation zone: 970-1000 levels SL 940 Target 1200++ Timeframe: 2-3 weeks
Tata Chemicals is strong as per charts. It may find support near 662 and 650 levels if it breaches 650 then one can exit long positions.
Bank Nifty on Daily charts broke a month long channel and yesterday formed a Doji the weakness may continue to persist till 30800 and we can see some reversal. Overall the sentiments are bearish and BN is in downtrend.
TCS is a buy above 2110 for 2260 levels. Bullish bat Cipher Pattern has emerged
ULTRACEMCO BUY ABOVE 4330 SL 4180 Target 4450 4700 SELL BELOW 4190 SL 4320 Target 4060 Timeframe 2-3 weeks Trendline breakout with volumes
Nifty Sell Below 11035 with minor support at 11003 If 11000 is breached one can create fresh short. Nifty is a buy above 11100 is sustained Trend: Neutral with bearish bias
Stock is in consolidation phase a breakout in any direction will give lead to the next move. Stock Name: Muthoot Finance Sell below 626 SL 637 Target 620 614 Buy Above 637 SL 624 Target 655 Trend Moderately Bullish OI Analysis: Long Unwinding
Buy Balkrisind above 739 SL 724 Target 760++ Timeframe 1 week Trend: Bullish
Buy Cipla above 482 SL 474 Target 495 Sell Cipla below 474 SL 481 Target 465 Trend: Sell Side
Inverted Flag Pole pattern seen in Bank Nifty (BN) Till Bank Nifty breaks 28500 and gives a closing above 28500 the trend continues to remain bearish Inverted flag pattern is seen in Bank Nifty if the BN breaks the pole we may see new lows. Price is below 22 EMA and Vortex also indicates bearishness in stock.
Nifty trading in a falling channel and is near very crucial zone. 11125 is a strong resistance and supply zone if it breaks this resistance and channel we may see a good move. For Now Nifty is in no trading zone. It is a sell below 10980 and buy above 11125