khulvenaveen

khulvenaveen

Still Nifty is looking very weak. Seems index will retest 21900-21950 levels. Keep on radar. Can expect sharp fall in closing session. Bears are in complete control today.

khulvenaveen

Bank Nifty is trading near support levels. Fresh shorts at current levels is not looking good. Wait for a pull back for initiating fresh position. 47400-47500 will act as strong support.

khulvenaveen

Bank Nifty is not able to sustain above first 15 minutes candles. Seems lower range of upward slopping channel is working as resistance now. Bank Nifty need to close above 47930 else bears may take control again. Keep on radar for closing.

khulvenaveen

Cochin Minerals is looking good on quarterly time frame. Stock is consolidating in a box near all time high zone since long. Keep on radar for breakout.

khulvenaveen

Mindteck India is moving ahead after retesting breakout. Company will announce Q4 results on 17th May. Keep on radar. Stock is looking in good momentum.

khulvenaveen

Bank Nifty is taking support from 47600-47700 zone. Can expect upside momentum in second half till market is above 47500. Shorts are not looking good at current levels. Seems bank nifty will attempt to retest 48000-48200.

khulvenaveen

Bank Nifty is looking good on daily time frame. Index is attempting to enter in the upward slopping channel again. Keep on radar for closing. Seems call writers has been trapped for this week expiry.

khulvenaveen

Nifty is trading near support zone with divergence on 5 minutes time frame. Fresh shorts at current level is not looking good. Need to wait for a pull back.

khulvenaveen

Bank Nifty is not looking good for short at current levels. Seems market will consolidate near 47200-48000 before giving any clear direction. Keep on radar. For fresh short opportunities need to break and sustain below 47200.

khulvenaveen

Maruti Suzuki is not looking good for fresh buy at current levels. Stock is trading near resistance levels. Seems 12800-12900 is become supply zone for time being.

khulvenaveen

Bank Nifty is trading slight below from upward slopping parallel channel. On shorter time frame, RSI divergence can be seen. If market will respect the channel, can expect green candle tomorrow. Fresh shorts at current levels might be risky untill 47200 is protected. In case of gap down opening, can expect sharp bounce to retest lower range of channel. ICICI Bank...

khulvenaveen

Credo Brands is offering low risk set up on daily time frame. Stock is in downtrend since listing. Seems valuation are decent at present levels. Keep on radar.

khulvenaveen

Cochin minerals is consolidating nicely with good volumes. Keep on radar for breakout above 315. Can expect entering into new darvex box soon.

khulvenaveen

Prerna Infrabuild is consolidating with good volume accumulation. Can expect breakout soon. Significant difference can be seen in between bid and ask data. Keep on radar. Promoters are also buying continuously.

khulvenaveen

ADSL is forming double bottom pattern on hourly time frame. Keep on radar. Stock is consolidating in a range. Breaking out & sustaining above 145 can lead to fresh momentum.

khulvenaveen

Shish Industries is looking good on daily time frame. Stock is in uptrend since long. Keep on radar for closing above 164. Recently company has alloted shares on preferential issue basis.

khulvenaveen

Prerna Infrabuild, a microcap stock is looking decent at current levels. Promoters has increased shareholding from 52% to 66% in last four years and buying continuously. Stock has consolidating in a range and volume are indicating that good accumulation is going on. Keep on radar for any correction in this stock as buying opportunity. Despite having good...

khulvenaveen

Shish Industries Ltd is looking good on weekly time frame. Stock has given breakout recently and trading sustaining also. Volume from last 4-5 weeks are also looking very promising. Keep on radar. Any correction can be a buying opportunity till 140 is protected on weekly closing basis.