Charts for the Day

[trendreverse]

Hi,

Tatamotors is at interesting point.Most interesting is weekly bollinger.

Monthly:-
Will it be 3rd point of trend line ?? Also 319 is 50% of all time high to all time low.

Weekly:-
Weekly stock is in formation of bullish bat if we consider only closing point of the day.
X =297.7
A=569
B=432.9
C=544.5
PROBABLE D=317-329

But most interesting is weekly bollinger .
Black lines is 100,2.3 bollinger.
Blue is 200,2.5 bollinger


I have no clue ,whether it will be rejection or bollinger expansion.

Daily:-

Hourly:-
Stock formed almost a perfect ABCD in hourly chart.Also according to fibtimezone next day opening will be important.Stock has found resistance
multiple times at hourly 55 and 89 ema band.

Thanks & Regards,

 

[timepass]

A long time ago someone here had identified 320 as very strong support for Tatamotors.

 

[trendreverse]

Hi,

Lupin can break on the upside.There is an unfilled gap around 755-757.

Disclaimer:Holding 820 call bought at 3.1.


Thanks & Regards,

 

[trendreverse]

Hi,

Lupin can break on the upside.There is an unfilled gap around 755-757.

View attachment 24572
Disclaimer:Holding 820 call bought at 3.1.


Thanks & Regards,

Hi,

Although stock can move higher.But I booked partial profit at 6.2.
Still holding some.


Thanks & Regards,

 

[trendreverse]

Hi,

Tatamotors is at interesting point.Most interesting is weekly bollinger.

Monthly:-
Will it be 3rd point of trend line ?? Also 319 is 50% of all time high to all time low.

View attachment 24536


Weekly:-
Weekly stock is in formation of bullish bat if we consider only closing point of the day.
X =297.7
A=569
B=432.9
C=544.5
PROBABLE D=317-329

View attachment 24537

But most interesting is weekly bollinger .
Black lines is 100,2.3 bollinger.
Blue is 200,2.5 bollinger


I have no clue ,whether it will be rejection or bollinger expansion.
View attachment 24538

Daily:-
View attachment 24539


Hourly:-
Stock formed almost a perfect ABCD in hourly chart.Also according to fibtimezone next day opening will be important.Stock has found resistance
multiple times at hourly 55 and 89 ema band.

View attachment 24540

Thanks & Regards,

Hi,

Tatatmotors had a Fibonacci time zone at today's open .Didn't break the low of opening candle.
Tatamotors broke hourly channel in last hour of trade.And closed above hourly 89 ema in last hour only.

Thanks & Regards,

 

[trendreverse]

Hi,

IDFCBANK is in clear downtrend.Stock is in process of forming double bottom.If it closes above 49 in two hourly timeframe then double bottom will complete.Also, if it does that then it can give a breakout of falling wedge kinda pattern.

Also ,volumes were low during pattern formation .So, if breakout happens with more volumes then and only then we should go long.


Thanks & Regards,

 

[trendreverse]

Hi,

Infy is at make or break level.I am using only fibonaaci fan.Also if you have a look on daily chart with 34 ema ,you will find multiple instances where it respected the ema.Currently 34 ema is at 1147.I am not sure about direction.But will definitely trade tomorrow for sure.

hourly:-

Thanks & Regards,

 

[trendreverse]

Hi,
Anil sir, any view on direction of infy ??

 

[anil_s_trivedi]

Hi,

Infy is at make or break level.I am using only fibonaaci fan.Also if you have a look on daily chart with 34 ema ,you will find multiple instances where it respected the ema.Currently 34 ema is at 1147.I am not sure about direction.But will definitely trade tomorrow for sure.


View attachment 24613


hourly:-
View attachment 24614


Thanks & Regards,

Hi,
Anil sir, any view on direction of infy ??

Infy is in uptrend in intermediate charts, short term down...stock is not going down much despite heavy volumes on on recent down bar...I am expecting support in the region 1080-1100...a region to go longs with stoploss below it...

 

[trendreverse]

Hi,

Tatamotors is at interesting point.Most interesting is weekly bollinger.

Monthly:-
Will it be 3rd point of trend line ?? Also 319 is 50% of all time high to all time low.

View attachment 24536


Weekly:-
Weekly stock is in formation of bullish bat if we consider only closing point of the day.
X =297.7
A=569
B=432.9
C=544.5
PROBABLE D=317-329

View attachment 24537

But most interesting is weekly bollinger .
Black lines is 100,2.3 bollinger.
Blue is 200,2.5 bollinger


I have no clue ,whether it will be rejection or bollinger expansion.
View attachment 24538

Daily:-
View attachment 24539


Hourly:-
Stock formed almost a perfect ABCD in hourly chart.Also according to fibtimezone next day opening will be important.Stock has found resistance
multiple times at hourly 55 and 89 ema band.

View attachment 24540

Thanks & Regards,