Good Morning! Finally yesterday we got to witness a beautiful breakout of 17270 in Nifty. After which we ultimately got a successful closing of around 17300. Indeed, this is a good news for us. However, keeping in mind about the Diwali holidays, we have to be a little cautious currently. Where according to the current market sentiments, we have to be stock...
After 4 bullish candles, there is a bearish candle. But today's green candle formation creates a nice Bullish Tweezer Patten with considerable volume. It is also broken a resistance level of 124. Buy above 125.50 with a SL of 123 for a target of 130.
NSE: JUSTDIAL is closing with a strong bullish breakout candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days and moving along the trendline which is indicating demand. One can look for a 8% to...
NSE: PIDILITIND is closing with a strong bullish reversal candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days and moving along the trendline which is indicating demand. One can look for a 8%...
Good Morning! On observing the last trading session, we can say that the Market is somehow still struggling in between the levels of 16940 and 17270. So, currently we have to be a little cautious. Besides, if the index somehow breaks down the level of 16940 on closing basis, then it can create some panic in the Market. Altogether, until then, stay stock...
SBCL: Shivalik Bimetal Controls Ltd Stock split on 12-Oct-22 This post is just an update for the Original chart idea published on 10-Aug-22 for Breakout (Linked in description) The earlier BO happened on 10-Aug-22, with Gap up at 485-490 levels i.e. 320-325 levels, Ex-split price From there it went all the way to 760 on 3-Oct-22 i.e. 506, Ex-split price. Now,...
Stock is currently in downtrend only reason to go long is weekly hammer plus strong Fundamentals Long possible at CMP : 88Rs with 8% sl hammer low
Good Morning! In the yesterday’s trading session, we observed a huge volatility in the Market. Besides, once again we could observe that Nifty is still trading in an indecisive mode. As even yesterday it failed to either break the level of 16940 or to cross over 17170. Altogether this narrow range movement of the index is somehow indicating that some sharp...
Overall market outlook is bullish as of now, at least for short term. Only unknown factor here is the Fed event, which can make the markets to move violently. For the past 3 days Bank Nifty has been in an range, especially the last two days looks like two consecutive inside candles. A break on either side can give big rally on that direction. Predictions -...
On observing the yesterday’s trading session, we can say that Nifty is somehow still trading within our stated zone of 17170 and 16940. As with some volatility in the Market, Nifty made a low of around 16960 and a high of around 17140, yesterday. So, with this, we are still looking forward for an either side breakout or a breakdown. Besides, we also observed...
United Breweries 1669 dated 12-10-2022 1. Bullish Piercing Candle @ support Line 2. RSI Reversal Buy @ 1670 for target of 1705-1735-1750 SL 1630 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses...
Jubilant Food Cmp 604 DATED 12-10-2022 1. Doji Candle @ support line 2. RSI reversal Buy above 606 for target 615-625-635 SL 590 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it...
RAJESHEXPO | Settled and recovering from strong support CMP : 478 SL : 400 Target : 830 1:6+ risk reward setup
Good Morning! In the yesterday’s trading session, we did observe how after a flat to positive opening, the index managed to make a high of around 17261. However, the index failed to cross over the Resistance level of 17270, and in stead showed us a significant selling pressure in the last one-and-a-half hours. Fascinatingly, it did somehow manage to take a...
SGX Nifty Trading Negative Side As Per Price Action SGX Nifty Immediate Resistance is @16982 Second Resistance is @17053 If SGX NIFTY Crosses Above @17053 Then It Will Turn Bullish For Tomorrow Only SGX Nifty Support is @16025 SGX Nifty Breaks Today's Low @16011 Then It Will Fall Upto @16861 Then It Will Consolidate For Some Time Then It Will Breaks Towards Down...
CIPLA | Channel + Flag breakout - Pleasant setup looks Potential for a 10% CMP : 1050 (Dip : 1020) SL : 980 Target : 1140 1:3 risk reward setup from dip
HCG | Trendline breakout - Trying to capture 15% CMP : 298 (Dip : 290) SL : 280 Target : 335 1:3+ risk reward setup
GOLD Buy Trade Opportunity Gold currently moving downside Here is the Major Support area as we mark on the chart We are accepting that market will be reversed for this point if the market makes a strong Bullish candle so it will be a good point for buying Always use Stop Loss