Ratio Chart Presentation On 28/058/2021

 

 

 

 

 

 

 

 

 

 

Some Chart Study For 10-08-2021. 

Britannia 3 MA at almost  same level and 50MA cross 100MA and 200MA, 100MA cross 200MA. is look good positive indication.

Britannia break trend line and close above that.21 and 34d EMA also positive cross over there.

AS per this chart we see on RATIO chart also break trend line and support line.

One can buy above 3650 for target 3710 with stop of below 3625.

 

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Eichermot we see upper trend line break and close above that but followup buying not seen and again close below trend line. if break yesterday low and sustain then se we see more downside. one can sell below 2716 for target 2645-2640-2615 with stop of above 2650.

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KOTAKBANK near resistance trend line and near 200d SMA also there. 

If fail to cross the we see some downside.

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 Grasim on price chart we see is close near trend line, But on Ratio chart we see its break trend line.

 we may see some more downside in coming days if price also break trend line.

  

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LT look 5 wave Complete.or near to complete. At top we see triangle pattern,if break support trend line then we see more downside.

 

 

 

Some Weekly chart For The week 09-08-2021 

 

 Dabur :- As per chart we see is in rising channel and last week touch upper line of channel and down fast and close near low. if call "Bearish Engulfing" candlestick pattern. if next week trade and sustain below low 584  or Below 582 we see more downside.

Support Level :- 564-552-536-528-525-519.
Resistance Level :- 596-605-620.

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HDFC :- We see flag pattern breakout after 5month Consolidations with good volume. With that we see its break last swing High also. IF hold 2510 falling trend line level then we see more upside above 2685.

Support Level :- 2620-2590-2564-2560-2525-2510.

Resistance Level :- 2636-2685-2732-2763-2793-2896.

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Kotakbank :- AS per chart we see is in Expanding Triangle and last week its found support fall lower trend line and good bounce with good volume. after 4-5 month 1st time close above 20w SMA also. which we expect a strength after 4-5 month consolidation. if next week sustain above 1795 then we see more upside in coming days.

Support Level :- 1773-1755-1742-1740-1727-1720-1705.
Resistance level :- 1798(200D SMA)-1813-1828-1845.  

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SBIN :- We see its cross 3month consolidation with good volume but close again below trend line with like "Shooing Star Doji" pattern and again close in previous 3-4 month range. If sustain below 430 then we see more down side. AS per 2nd Daily chart we see find resistance at 161.8% of last swing 442 to 400.5.

Support Level :- 430-427-435-429-427-419-417-408-400.
Resistance Level :- 441-448-445-462-468-484.

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TCS :- we see on chart that its trade in rising wedge and find support of lower trend line of wedge and bounce with good volume and close near High. which indicate some strength in this stock. But as per 2nd chart we see its made high near previous swing top. 3340 to 3400 is good resistance zone. If cross and sustain that with good volume then we see new range of stock.

Support Level :-3265-3217-3164-3156-3132-3073.
Resistance Level :- 3354-3358-3400-3507-3533-3564-3667.