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Expecting a Bullish Move in SPARCAs per the 2 Hour Chart of SPARC, we have witnessed a Formation of “Hammer”. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 316.75, 319.85, and 327.20. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 307, on closing basis. Closing Price (as on 12.01.22) : 311.90 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:SPARCLong
by alokdaiya
Morning Mantra, 12th January 2022Good Morning! Just as it was very much apparent in the yesterday’s trading session, we did observe how Nifty had continued trading in its Range bound zone and similarly was unable to cross the stated level of Resistance of 18090. Moreover for Today, it is being expected that if for the first 2 hours, the index manages to sustain above the level of 18090, then there’s a possibility for us to witness the level of 18300 in the upcoming days. In addition to which, staying stock specific strategy will still be fruitful if followed, as it’s a Month of Results. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
EXPECTING A BULLISH MOVE IN WOCKPHARMA As per the 2 Hour Chart of WOCKHARDT LIMITED, we have witnessed a Beautiful Formation of “Morning Star” on the chart. Therefore, we are expecting a bullish momentum in WOCKPHARMA in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 435.3, 440.3, and 450.75. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 424.65, on closing basis. Closing Price (as on 07.01.22) : 430.05 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:WOCKPHARMALong
by alokdaiya
Morning Mantra, 10th January2022Good Morning! Since few days now, we have been suggesting to wait and watch for either a break through down the level of 17630 or a crossover of above the level of 17800 by the index. Similarly, now that we had witnessed a closing of above 17800, i.e., a crossover of above the resistance level, we will wait and watch for today’s closing, in support of the Market’s efforts in deciding for its New Trend. Moreover, now that the Market seems to have stepped onto the stairs of an uprise, we can upgrade our immediate level of support to be at 17800, followed by 17630 and 17360, respectively. However, the level of Resistance will remain to be the same, i.e., at 18090, as of now. Also, as per the current market situations, it’ll still be suggested to Stay Cautious and Be Stock Specific! Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 6th January 2022Good Morning! What a wonderful rally of almost 500 points we have got to witness from Nifty, in these 3 days. As the Market seems to have stepped onto the stairs of an uprise, we can upgrade our immediate level of support to now be at 17800, followed by 17630 and 17360, respectively. However, the level of Resistance will remain to be the same, i.e., at 18090, as of now. Moreover, since it’s a Month of Corporate Earnings, it will be suggested to stay cautious and to be stock specific, for the better. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 4th January 2022Good Morning! What a wonderful beginning of the Year it was, Yesterday! As we could witness the magic and power of Technical Analysis, where just after crossing the level of Resistance at 17360, Nifty soared high towards its next level of Resistance at around 17650. Hence, Today will somehow be a very crucial day, as in support of such an uprise, we will require a breakout and a stable closing of above the crucial resistance level of 17650-17700. Until then Stay Cautious and remain being Stock Specific. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Expecting a Bullish Move in GODREJCP As per the 2 Hour Chart of GODREJ CONSUMER, we can witness a Formation of “Bullish Harami” on the chart. Therefore, we are expecting a bullish momentum in GODREJCP in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 961.95, 968.25, and 976.40. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 946.70, on closing basis. Closing Price (as on 29.12.21) : 585.15 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:GODREJCPLong
by alokdaiya
Morning Mantra, 31st December 2021Good Morning! Presenting 2021’s last Morning Mantra! Well, Just as we have been stating about Nifty trading in a sideways zone and about the stock specific momentum, the same was witnessed in the Yesterday’s Trading session as well. Moreover, it is being expected that even today, the same kind of stock specific momentum will be witnessed and that Nifty will continue trading in its narrow range, i.e., neither will it cross over the predicted level of Resistance of 17360, nor is it going to break through the support level of 17155, on closing basis. Finally, as we come to Mark an End to the Year 2021, yes, it was definitely an amazing year. Where, apart from that, an increased pressure of highest selling from FIIs in the Month of December, has been a point of concern for all of us. Nonetheless, 2021 was a very good year for the Market Participants and we hope that the Year 2022 brings more of goodness, positivity and profitability in the Market. With this, Wish You all A Very Happy & A Prosperous New Year 2022, in Advance! Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 29th December 2021Good Morning! Just as we have been stating since few days now that Nifty is trading in a super consolidation zone. Similarly, we did witness the same yesterday also, as Nifty traded in a sideways zone for almost the entire day. But again, fortunately by the end of the day we had also witnessed a closing of above our predicted level of Resistance at 17220, which altogether was a good sign for the Market. Moreover, Now the level of Resistance for the index will be at around 17360, whereas on the downside, the level of support has also shifted upwards to 17155. In addition to which, as only 3 more days are left for the Crucial Month of December to end. Stay Cautious, Stay Stock Specific and Keep following the Cherry Picking strategy, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 28th December 2021Good Morning! In adherence to our notion of expecting a stable closing of above the level of 17000, we can say that even after witnessing the index trading in the range of 16800-17000 for the almost the entire day, yesterday, Nifty had once again shown us a beautiful bounce back and had fortunately given a closing of above 17000. Hence, this is more of a “No Comment Zone” currently, as Nifty is still persistent in trading in a super consolidation zone. Besides, as of now, the levels of Resistance remains to be the same, i.e., at 17220 and 17366 respectively. As also, the support level will continue to be at 16970. Moreover, as the remaining of the December days seem crucial, we are still with our suggestion to stay cautious for this last week of December and to keep following the Cherry Picking strategies, along with staying Stock Specific, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
EXPECTING AN UPRISE IN AUROPHARMA As per the 1 Hour Chart of AUROBINDO PHARMA, we can see a beautiful Formation of "Bullish Harami" on the chart. Therefore, we are expecting a bullish momentum in AUROPHARMA in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 713.70, 717.80, and 725.20. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 702.80, on closing basis. Closing Price (as on 24.12.21) : 709.50 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:AUROPHARMALong
by alokdaiya
Morning Mantra, 27th December 2021Good Morning! In reference to our stated level of support for the index, which was shifted to 16970, we did observe that even after making a low of 16909 during the Market hours, Nifty had ultimately managed to give us a closing at a crucial level of 17000 approx. Well, as of now, it is being expected that due to the festive vibes, the Market will still continue trading in a sideways or consolidation zone for this week as well. Moreover, as the December days are crucial, we are still with our suggestion to stay cautious for this last week of December and to keep following the Cherry Picking strategies, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
EXPECTING A BULLISH MOMENTUM IN CADILA HEALTHCARE As per the 1 Hour Chart of CADILA HEALTHCARE, we can see a beautiful Formation of "Bullish Harami" on the chart. Therefore, we are expecting a bullish momentum in CADILAHC in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 469, 473.20, and 481.20. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 456, on closing basis. Closing Price (as on 23.12.21) : 464.70 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
CLong
by alokdaiya
Morning Mantra, 24th December 2021Good Morning! Just as we had very clearly stated in our Morning Mantra update yesterday, that it’ll be a good sign for the Market, if somehow Nifty manages to sustain above the level of 17000 for the first 2 hours of the Market. Fortunately, we did very well witness it yesterday itself, that after consolidating for almost 6 hours, the index was successful in sustaining above the level of 17000 and in support of it, had also given us a closing of above the stated level. Moreover, as the index had somehow traded in a consolidated zone for almost the entire day, hence we can say that now the support zone of Nifty will also shift upwards, i.e., at around the level of 16970. Wherefrom, now the expected targeted levels of resistance for Nifty will be around 17220 and 17366 respectively. In addition to this, as the days are crucial, we are still with our suggestion to stay cautious for the Month of December and to keep following the Cherry Picking strategies, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra , 23rd December 2021Good Morning! Just as we had already stated in our Morning Mantra Updates, similarly, we did very much witness that Nifty had faced a resistance at two of our stated levels of 16800 and 16960 respectively. However, yesterday, Fortunately or Unfortunately the index had ultimately given us a closing at around the crucial level of 16955. Moreover, as today is a Thursday, so it is being expected that the first 2 hours will somehow be very crucial for the Market. Wherein, if Nifty manages to enter the house of 17000 and manages to sustain in there for about this 2 hour span of time, then it can be a good sign for the Market. On the other hand, on the downside, 16600 will be a level of support for the Market. Also, just as we have already been stating these days, that there is a sheer need to stay cautious for this Entire Month of December. Similarly, it will still be suggested to remain cautious, to stay stock specific and to follow the Cherry Picking strategy, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
EXPECTING AN UPRISE OF 8.11% IN DFMFOODSAs per the 2 Hour Chart of DFM FOODS, we can see a beautiful Formation of "Bullish Engulfing" on the chart. Therefore, we are expecting a bullish momentum in DFMFOODS in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 304, 313.6, and 320. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 290.30, on closing basis. Closing Price (as on 22.12.21) : 296 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
DLong
by alokdaiya
EXPECTING TO WITNESS A BULLISH MOVE IN JSWSTEEL As per the 1 Hour Chart of JSW STEEL, we can see a beautiful Formation of "Bullish Harami" on the downside levels of the stock. Therefore, we are expecting a bullish momentum in JSW Steel in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 662.25, 670.35, and 678.55. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 652.30, on closing basis. Closing Price (as on 21.12.21) : 658.50 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:JSWSTEELLong
by alokdaiya
Morning Mantra, 22nd December 2021Good Morning! Just as we had stated about the favourability of witnessing a closing of above 16600. Similarly, we had experienced it yesterday itself that taking a support of 16600, Nifty had beautifully taken a bounce back therefrom, and had made a high of 16936.40 approx. But on the other hand, unfortunately even after spending almost the entire day above the level 16800, Nifty was unable to sustain above 16800 and as a result it gave us a closing of below 16800, i.e., around 16770.85 approx. Well for Today, the formation of a beautiful Hammer pattern on the hourly chart, indicates a hope for some optimism in the Market. Yet in support of that, we need to witness a strong and stable closing of above 16800 and 16960 respectively. So, as of now we will be considering 16960 to be a crucial level of resistance for Nifty. Also, keep your calm and patience until this crucial Month of Entire December. In addition to which, we are still in support of our suggestion to go for some Cherry Picking strategies, instead of being too aggressive, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Expecting a Bullish Momentum in ZEELOn the 1 Hour Chart of Zeel, we can witness a beautiful Formation of "Bullish Harami" and “Inverted Hammer” on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 347, 352, and 360. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 336.2, on closing basis. Closing Price (as on 17.12.21) : 342.95 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:ZEELLong
by alokdaiya
Morning Mantra, 20th December 2021Good Morning! After trading in sideways or in consolidation for about 22 consecutive hours, we could see that Nifty had finally broken the stated level of support of 17220 and had given a closing of 16,985 approx. on the last trading day. Just as we have been stating, hence this is the result of what happens, when one trades in a narrow range. Moreover, once again after witnessing this downfall, it is being expected that Nifty is quite open for the levels of 16700-16800 as the next support. Also, just like we have been stating in our Morning Mantra updates that this kind of momentum of the index will continue till the Month of December. Hence, we are being able to witness the same as of now. Last but not the least, avoid being too aggressive in such situations, instead go for some Cherry Picking strategies and do not lose your hope. Keep patience and wait for this New Year’s New Hope and New Direction. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Expecting a Bullish Move in UPLOn the 1 Hour Chart of UPL LTD., we can witness a beautiful Formation of "Bullish Engulfing" on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 741.10, 747.80, and 755.10. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 728.15, on closing basis. Closing Price (as on 16.12.21) : 735 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:UPLLong
by alokdaiya
Morning Mantra, 17th December 2021Good Morning! We are glad to share the accuracy of 8th Club’s Research on the Market. As just like we had stated yesterday, similarly in the yesterday’s trading session itself, we had witnessed that once again, how after not being able to cross the resistance of 17,360 on the upper side, Nifty had tumbled down to below our stated level of support which was at 17,220. However, not being to sustain at the downside levels as well, Nifty had ultimately given a closing of 17248 approx. Which altogether indicates the accuracy of our analysis and that the Market is still very much in a super consolidation zone. Hence, we are still with our words as staying cautious and being stock specific will be the best strategy that can be followed at the moment and until the Market decides for a fresh new direction. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya