Technical Calls:BHEL,Ranbaxy and ITC
BHEL
BHEL is consolidating between its 50 SMA and 5 EMA.I have tried to show similarity in this pattern which was formed before also in the 2 rectangle in below chart.
BHEL is consolidating and looks ripe for a sell below today’s low.Stochastic has given a SELL
Gap between 2055 and 2051 also needs to be filled.
Ranbaxy
Ranbaxy is moving into parallel trendline channel and facing resistance at upper trendline channel.
Read the full story »
BHEL is consolidating between its 50 SMA and 5 EMA.I have tried to show similarity in this pattern which was formed before also in the 2 rectangle in below chart.
BHEL is consolidating and looks ripe for a sell below today’s low.Stochastic has given a SELL
Gap between 2055 and 2051 also needs to be filled.
Sell below 2055 Tgt 2046,2030 and 2004
Ranbaxy
Ranbaxy is moving into parallel trendline channel and facing resistance at upper trendline channel.
Read the full story »
posted by Bramesh at
1:07 AM
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