Expecting a Bullish Move in MAHINDRA & MAHINDRAOn the 1 Hour Chart of MAHINDRA & MAHINDRA, we can witness a beautiful Formation of "Bullish Harami" 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 853.60, 868.90, and 885.60. In addition to this, the stock may face a support at the level of 814.95, on the closing basis. Closing Price (as on 14.12.21) : 836
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.
8thclub
Bullish Momentum is being Expected in “TATAMOTORS” On the 1 Hour Chart of TATAMOTORS, we can witness a beautiful Formation of "Bullish Harami" 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 504.50, 511.95, and 520. In addition to this, the stock may face a support at the level of 487.10. Closing Price (as on 14.12.21) : 496
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.
Morning Mantra, 13th December 2021Good Morning!
Just as we had been expecting to witness a sharp rally in the index on the last Friday itself. The index, in turn, somehow gave us a flat closing, on the last trading day.
Well, as of now we are expecting to witness the same positive small Christmas rally in the Market in this week, i.e., a sharp rise in Nifty, wherein the index might initially face a resistance at around the level of 17800.
In addition to which, we are still with our words as Staying Cautious and Being Stock Specific will remain to be the fruitful strategies that can be followed.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
With a Positive Return of 2.25% in the previous week, 8 ke Thaat has successfully completed 71 weeks. Moving ahead to the 72nd week, here are the following 8 picks that it includes:
SCHNEIDER, SUPRAJIT, RPGLIFE, ADVENZYMES, LAURUSLABS, NIACL, LICHSGFIN and RBLBANK.
Regards,
Alok Daiya
Morning Mantra, 10th December 2021Good Morning!
Finally we have witnessed a closing of above the level of 17360, consistently for 2 days now.
Moreover, as of now, we are expecting a sharp rise in Nifty, Today! Where if, even though the index fails to do so and in turn somehow manages to give a closing of above 17454, then in such circumstances we will still hold an expectation for a positive momentum in Nifty in the upcoming days.
Adding on to which, the level of 17800 will remain to be our first level of resistance for the Index, as of now. Also, we are still with our words as being stock specific and following the Cherry Picking strategy will still be favourable for the Market Participants.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 9th December 2021Good Morning!
Finally, yesterday we were able to witness a wonderful closing of above 17360 in Nifty. However, the danger hasn’t subsided till yet, since just like 2nd December 2021, Nifty has once again made a high of around 17480 approx. Which in turn is still a matter of concern.
Moreover, we can state that if Today Nifty manages to sustain above the level of 17454, during the first 2 hours, then we might get to witness Nifty at 17800 very soon.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
BULLISH FORMATION IN GSPLOn the 1 Hour Chart of GSPL, we can witness a beautiful Bullish Reversal Pattern Formation of "Hammer" on the downside levels. Thereby, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Moreover, the stock is being expected to initially face a resistance at the levels of 307.50, 310.50, and 315. In addition to this, the stock may face a support at the level of 297.45. Closing Price (as on 06.12.21) : 304.15
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.
Morning Mantra, 7th December 2021Good Morning!
Be Ready for Another Roller Coaster Day Today!
Just as we had much earlier stated, that this kind of a liquidity crunch will be faced in the Market, and that Nifty might remain to be in a price correction mode till the month of December. Hence, the same is being observed in the Market, as the index continues to be in its range bound zone ranging from 16700-17360.
So, in the midst of this, being cautious and being stock specific will turn out to be favourable for the Participants.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 6th December 2021Good Morning,
Just as we have been saying, similarly we will remain to be neutral to bullish on the Market, until we witness a closing of below 16700. On the other hand, 17360 will remain to be a crucial level of resistance.
Moreover, once again, we are still with our words that the Market will continue to be in a Range bound zone till the month of December. Therefore, it’ll be suggested to stay stock specific and to 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
Morning Mantra, 2nd December 2021Good Morning,
Just as we have been stating in our Morning Mantra updates, similarly we can see that Nifty still seems to trade in a range bound zone. Neither is it being able to break through the stated levels of support, nor is it crossing its levels of resistance.
So, it will still be suggested to stay cautious until the index gives a positive closing of above 17360. And until then, aggressive buying must be avoided.
In fact, following the “Cherry Picking” strategy and staying Stock Specific will be a better idea here.
To state once again, 17360 will now be a level of resistance for the Market and 16800-16700 still remains to be a crucial support zone.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 1st December 2021Good Morning,
We hope that you still remember one of our magical level of 17360, which had earlier been stated as a “crucial level of support” for the index. Well, now the same level will work as a level of resistance for the index.
Moreover, just as we have been stating these days, similarly Nifty did prove our prediction to be right on the mark, as it has taken a beautiful bounce back from our predicted support level range of 16800-16700. After the index making a high of 17300 approx, we could witness a huge supply in the Market. As a consequence of which, we are still with our words, as the Market might somehow continue to move in a sideways zone till the Month of December.
As of now, the level of 16700 will work as a crucial level of support and we will have to stay cautious. Also, it will be suggested to stay stock specific. Since we have been stating about the ongoing liquidity crunch in Market majorly as a result of a huge selling from the FIIs.
So, stay cautious. Follow the “Sell on Rise” strategy, till the Market gives a stable closing of above 17360.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 29th November, 2021Good Morning,
Once Again, similar to the situation when we had predicted our expectations regarding the magical level of 18350, where not crossing above which the Market had tumbled down. This time as well, we can observe that not being able to cross the level of 17650, the index has taken a turn to the downside from 17600 to a low of 16985.70 (as per the Friday’s closing).
Moreover, we hope you remember that as stated in our video on “ALOKvaani on Current Market Fall”, aggressive selling from the FIIs have been one of the major causes of a decline in the Market. Where Friday’s closing of these index, was one of the most pathetic closing as per the chart.
As of now, we have another major and crucial support range of 16700-16800, wherefrom we can expect a bounce back in the levels of the index. Meanwhile, it will be suggested to stay stock specific and to be cautious, till the Month of December, 2021.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 26th November 2021Good Morning,
In accordance to our predicted levels of support of 17454 and 17360, we can clearly witness how the Index has been unable to break the aforementioned levels, on a closing basis, for the last 2 consecutive trading days, and in fact have shown a good bounce back therefrom. Hence, depicting the importance of the stated levels.
On the other hand, as a matter of concern, it’ll be suggested to follow the Sell on Rise strategy and to stay stock specific, until we witness a healthy closing of above 17650.
Just as we have been stating, and similarly we are still with our words that the Market is somehow being expected to stay in a consolidation mode, till the month of December. So, it will be suggested to stay Stock Specific. Moreover, on the downside, the level of 17360 will still be considered as a crucial level of support.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 25th November 2021Good Morning,
It seems like the Market is still in an indecisive mode.
Even though we have seen that the index had made a high of 17600.60 approx yesterday, it was somehow very much unable to give a closing of above the levels of 17650-17700 and had finally given a closing of between our stated support levels of 17454 and 17360.
Hence, just as we have stated, it is being expected that the market will somehow stay in a correction mode till the month of December. So, it will be suggested to continue staying stock specific as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya