Good Morning! Just as we had stated, similarly after sustaining above the predicted levels of 17300-17400 during the budget session yesterday, we were finally able to witness a beautiful closing of around 17576 in Nifty. Moreover to recall, as per our Research we had already stated regarding us being low on our expectations from the budget. Which is why we did...
As per the 2 Hour Chart of CADILAHC, we have witnessed the Formation of a “Bullish Engulfing” on the downside. 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 393.10, 398.55, and 404.30. Whereas, on the other hand, on the...
Good Morning! Since, Nifty failed to sustain above the crucial levels of 17300 - 17400 yesterday, we witnessed a closing of around 17110. On the other hand, on a positive note, after making a bottom at its stated support level, the index did take a beautiful bounce back therefrom. So, basically today, we will again be looking forward to a closing of above...
Good Morning! Just as we had stated yesterday, similarly, we could see how crucial the day was yesterday for the Market. Where Nifty’s Trailed Support level became a Resistance for the Market, as it made a high of approx 18129 yesterday itself and ultimately we witnessed a closing of around 17938, that is above the yesterday’s stated level of support. Now it...
Good Morning! What else can be a better start than to share that what a commendable alert and a pre market awareness it was from our side, to stay cautious if the Market fails to sustain above 18300 during the first 2 hours, yesterday. In adherence to which we did definitely witness how after being unable to sustain above the stated level, #Nifty had tumbled down...
As per the 2 Hour Chart of QUESS, 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 815.25, 821.90, and 830.75. Whereas, on the other hand, on the downside levels, the stock may face...
As 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...
Good 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...
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...
Good 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...
Good 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,...
Good 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...
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...
Good 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...
Good 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...
Good 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...
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...
Good 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...