yndesai

yndesai Updated 

There is clear higher lows formation seen after about 2 yrs of correction phase. 20ma and 50ma on weekly charts have started showing upward direction. Buy above (600 levels) is good resistance level. Targets and SL are on charts. As I see lot of new followers thought of adding Caution Notes: Try to learn the concept instead of looking for tips. ...

yndesai Updated 

After giving all time high of 335 levels we have retest of the same level. Its taking regular support at 50ma. SL T1 T2 on chart

yndesai Updated 

A verry long term triangular consolidation has ended in Dmart. Triangle breakout target 5100 SL 3600

yndesai Updated 

Here there is breakout and retest of all time high. Supertrend retest also seen Good low risk entry possible.

yndesai Updated 

If this is wave 3 than next 2yrs we can expect a stronger bull run... Wave 2 was a shallow correction so expect a deep and sharp correction in wave 4. This may come after june 2024. There is longer term cycle also playing out which can be seen in linked idea...

yndesai

Yes. ! Super trend. If we know how and where to use this indicator, you are sure about getting very good trade. It ensures 1. Low risk 2. High returns and at times real big trend So how to use it? 1. Prefer larger time frame. I use weekly. 2. Once super trend is green wait for pullback. 3. once price reverses from nr super trend enter. (I would wait for...

yndesai Updated 

A good reversal breakout in Divis lab. long time resistance of 3900 is now broken a very favorable risk reward setup for long position. SL and targtes on chart

yndesai Updated 

A very good risk reward setup in Ashok Leyland... All time high is broken and also retest done. Also it is taking support nr weekly 20sma. It will show good momentum once new all time high is made.. Tentative SL and target marked on chart.

yndesai Updated 

Time for caution in Small cap index. We are at 3.618 Fib extension level. When we attempt to do wave count we can likely see end of wave 5. Also we can clearly see RSI divergence here. While it will not be good idea to buy at these levels. it is better to look at pocketing some profits.

yndesai Updated 

After long under performance L&T is going to get re-rated and likely to give a dream rally in next 2yrs.. even 7k may be on cards..

yndesai Updated 

Nifty / USDINR chart gives idea of how indian market has behaved in terms of international valuation. When we see long term chart, we can see that Nifty has not made all time high in terms of USD, we also see that a significant top provided resistance at later date. Considering this will we see resistance after another 5~7% move in nifty. Let's observe how...

yndesai Updated 

After consolidating for more than 1 year Tata Elxsi now seems ready for next upmove. Good technical signals are 1. Resistance of 7150 region is acting as support 2. 20 and 50 moving averages are rising and giving support T1, T2 and SL are no chart.

yndesai

Risk in simple term means possibility of unexpected outcome ie "Something happens as A Surprise..!". Surprises are positive as well as negative. Negative surprises are known as risk. However, positive surprises are opportunities So we must always speak our risk and opportunities at same time when discussing risk. We invest in risky assets for positive...

yndesai Updated 

Good opportunity for next 6 months holding. 20SMA started to rise hinting of correction is nearing completion. Target can be 7000 which is all time high. SL 4400 can be considered

yndesai

Polycab has given very good rally. Now we can see that on monthly chart it is trading at very far from 20sma. On daily it is showing breakdown of rising channel. It is now likely to go in consolidation/pullback phase.

yndesai Updated 

Pattern seems good for Cup and Handle however, buy will trigger only if weekly close is above 46. SL may be kept at 34~36 level.

yndesai Updated 

Poonawala fincorp has given breakout and currently giving retest of breakout level. Good low risk high reward setup evolving. SL 330 Target 440.

yndesai Updated 

End of correction is seen in ABFRL. This reversal pattern is seen nr 200ma and has very high success rate at such support area.