On 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...
Good 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...
Good 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....
Good 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...
Good 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...
Accumulate here at 600 stop loss 570 target 611-647-675 #centuryply
Good 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...
Good 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...
Good 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...