Candestickpatterns
WIPRO - DAILY CHART - 26.09.2022 - BAHAVAN CAPITALWIPRO as per Daily chart analysis stock Above 402 then Target is 425.
With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or continue to fall. Lets see whether the market if at falls can take reversal at jun 17th 2022 Nifty level of 15183.
I have Bought Vedanta and will continue to buy more stocks during this correction.
Happy Profitable Trading to all..
Happy Navaratri wishes to All...
Long Term Debt free FMCG Stock This stock was in downtrend after July 2021 because FII & DII are selling there stake also profit booking as stock has given good return more then 100% in a 1 year.
Bajaj Consumer is a very Old company. It is Debt Free. It is one of the best stock in FMCG sector.
Right Now stock trading between 175-180.
In march 2022 ending & April 2022 first week during this period the volume has been increase so may be new buyers are buying this stock.
So There is good chances that within few months this stock can give 20-25% in short term, while in long term this can give return of more then 30-40%.
On daily time frame the stock in trading above 50 EMA, in short term this stock will trade above 200 EMA so there is good chances that this stock can give a good return.
Target Price is mention in chart.
This is just for educational purpose.
Happy Trading :)
GRANULES INDIA Daily Chart Analysis 12.12.2021GRANULES INDIA as per daily chart analysis Posted 9.12.2021 above 337 level and on 10.12.2021 the stock made closed at 344 level and from here it will hit the target 350 level and retrace for a brief consolidation for break out for the next target 369 level
It is an educational purpose.This chart fulfill the condition of Dragonfly Doji. I hope i will go Up now.
lets Watch
:)
Hindustan zinc, Up move or Down move ?As of 18/5/2021
Pattern formed: Ascending triangle
Candlestick pattern formed: Bullish marubozu
Resistance level (arround 322-333 price levels) : Tested 3 times.
NOTE: Resistance level and ascending triangle pattern both broken with high volume on 18th May 2021.
RSI: Above 60
MACD: Shorl length line over long length line
Trend pattern: Sideways
According to Technical Analysis: Stock will move upward.
According to personal observation: Stock will correct up to price levels of around 332-334 before moving in any direction.
Result: Wait for correction.