karthikje

karthikje

If the stock breaks the high of rounding bottom then we can see a potential move towards 360 range with some retest expected. Accumulate at all the retesting points.

karthikje

The next target for Engineers India is 1st Target - 206 2nd Target - 260 It has broken the trend line and retested the same.

karthikje

The stock has the potential to break out and move further. Important levels are market and also the trend lines helps to understand much better. Need to see whether it will break the trend line and retest it again or it will reverse before the trend line and retest the previous swing high.

karthikje

Voltas taken support at 61.8 % of Fib retracement. This should be good accumulation point and should move further 38.2% and 23.6 % of Fib's Good stock for buying at dip

karthikje

Hello Investors, All these two years HDFC bank share had tough time for investors. Now I did a monthly time frame analysis with the trend line and horizontal price engagement area meeting the trend line. Hope this could be the final swing to come low for HDFC bank. What are the support levels ? 1505, 1500, 1498, 1480 From any of these price point it will...

karthikje

Hello Investors, This is a risky one but absolutely I see this as an opportunity. It has corrected almost 17% from the all time high and you can see the support trend line is passing and it could bottom out near the trend line or it might break the trend line and bounces back and close in the future. That will be the time I will concentrate. You can also...

karthikje

Hello Traders and Investors One consider this stock for a swing of 100 to 200 rs profit. As you can see the history seems repeating in this stock. Probably this swing could break the high and make a new record high. However we will keep our expectation limited as a good quality trader and investor. I have marked the levels for reference and it is now at the...

karthikje

Hello Investors, This post purely for investors who can wait and reap the benefits at a long period. Yes, Balrampur Chinni seems long and may double its share value. But not sure how long it will take. Already it is in a consolidation since October 2021 after a good rally. Keep adding your investments if your wish for this stock instead getting frustrated...

karthikje

Hello traders, I see the Nifty has been in a consolidation. After a downfall it is consolidating and ended with a positive weekend (Friday) To start the Nifty might be in a sideways then it may go upward to test the 1st level 19600, 19650, 19700 and so on. There will be retesting after every 50 to 70 points breakout. Always stay cautious in the second half...

karthikje

Hello Traders, This is my view about the Fin nifty expiry - Overall I'm positive about fin nifty but I expect the market will test the support zone 1 and then it will bounce back till Resistance zone 2, If at all it will expire in between Resistance zone 1 and Resistance zone 2. It could be a zig zag market on Tuesday. Watch ICICI bank, Hdfc Bank and Bajaj...

karthikje

As per my analysis I see that Bank nifty might take support exactly at 44036

karthikje

I see the Nifty has broken the 61.8% of Fibonaaci level and getting more weak relatively. The sad part is the candle formed today 28th Sep is a bearish engulfing. There is a chance that it can bounce to test the 50% Fibonacci level tomorrow ( 29th Sep 2023) as a short covering move. It also have a chance to fall decisively and test 19450 - 19400 levels. We...

karthikje

This chart explains that ICICI Bank has broken the mid-point (support) and formed a double top pattern and got activated by breaking the support line in Weekly Time Frame However nothing to panic as the next level of support is very near by and it is a short pattern. Unless it reverses and closes back above 950 this pattern will be valid. If the pattern...