Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, July 30, 2019

Quick Followup to "A Pullback In The Offing"



Daily Chart


  Half Hourly Chart 



The pullback with a gap up opening failed to see a follow through indicting extreme 

bearishness.Close was below 11108 opening possibilities of 10584 which is next support.So the target

 of 10825 is very achievable now!




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Happy Trading !!

Lakshmi Ramachandran

Monday, July 29, 2019

A Pullback In The Offing



Half Hourly Chart 




Half Hourly Chart 


Morning Star Bullish candle pattern with positive divergences


Daily Chart 
 


Bearish engulfing pattern in a downtrend is considered bullish.Positive Divergence on oscillators too.


Daily Chart 





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Happy Trading !!



Lakshmi Ramachandran

Saturday, July 13, 2019

Maruti Suzuki Technical Support



Weekly Chart



 Strong support should emerge just below the 5000 levels.
 



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 Happy Trading !!


Lakshmi Ramachandran

Monday, July 8, 2019

Nifty Target 10825



Daily Chart 



Break down from the Diamond reversal pattern gives a target of 10825 ! 

Support available at 200 Ema at around 11270 and previous low of 11108.



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Happy Trading !! 

Lakshmi Ramachandran