ZFSTEERING after giving an episodic pivot gap with high volume is nicely respecting the gap and following tightly with respect to 21 EMA and 50 day MA. Looks like there's more gasoline left in the scrip. Stoploss should be placed ar 590-585. This is a great candidate for a swing trade.
This analysis is only for educational purpose. I am not a SEBI...
MACPOWER CNC showing good signs of demand at 50 ema with strong volume. Historically this scrip has always taken a good support from 50 ema and continued its positive trend. Another sign of strength is the scrip hasn't yet covered the price gap created on Sep 2022. This shows a strong demand for this scrip. Plus points in this scrip is its positive growing balance...
GOLDEN CROSSOVER, 50 DAYS MA moved upwards crossing 200 DAYS MA.
SECTOR: MEDIA a bullish sector.
LOW PRICED stock.
Fundamentals improving gradually, SUPER Q3 22 result.
PRICE STRENGTH 72, BUYER DEMAND 'A+', MASTER SCORE 55, GROUP RANK 16 OF 197 (Data from MarketSmith)
CMP 32.20, minor resistance breakout done, retest done.
Prices above 200ma have historically taken support on 50ma. Today, once again it bounced off from 50ma by printing an Engulfing candle coupled with a Stochastic RSI Crossover. Note the Engulfing candles cover the whole body of the previous candle, ignoring the wicks.
With these reasons, a buy can be initiated above the close of today's candle ie., 249.85, with...
1) 3 years market bullish then fall
2) after bullish market enter bear trend short period
3) after bear trend market fastly recover
4) after recover market again fall little bit like correction
after correction market nifty again enter bullish cycle
As shown in the chart,
The trend is a long term upward trend with dips in the pattern,
As the stock appears to break the 50 dma line and once the dip crosses it,
The trend starts to emerge as the bulls spikes the stock in upward trend with normally 5-6 days incline with market sentiments in mind,
As the bottle neck is due to market sentiments due to...
nifty levels for tomorrow
resistance levels based on OI .
watch these level guys
in my view nifty dominated by short term players.
so we can expect a profit booking at any time
smart players entered between 13745-13664 range(mean they shorted nifty)
Anything can happen
be alert guys.
tomorrow is the big event
we heared that budget is not good
so we can expect a fake ride or fake down mov. tomorrow.but I still expecting a gap down opening ,because I told once smart money created short positions
above 13760 can see a ride...
🍁nifty in a crucial level(support @14200-250 range)🍁
🐻if falls from current level, can see a short term down trend in the market(may see 14100-14000 levels & long bearish trgt 13750)🐻
🔰if take support @ current level can see 14300-450 levels in short term🔰
🔥budget is the major upcoming event🔥
Has market discounted the budget ❓
or budget ride possible ❓
Supnpharma trading in bullish channel
fresh buying above 443 for 454,460
Bears will be in control after 410 for 400,380
Sunpharma hovering near 50 SMA ,if manage to stay above 50 SMA then bulls will be inn control
200 SMA at 405 last line of support