Banknifty on the daily chart has formed a doji. The markets have stretched and a retest is pending. Market on the hourly time frame has respected the level of 39600. On the 15 minute time frame analysis, bank nifty has formed a LL-LH formation and on the intraday level could cross the previous high The market can be volatile. Support :- 39050, 39000,...
Nifty has been creating gaps and is running higher and higher. The markets are opening gap up and consolidating. There is no intraday trades in the market for a while. Option selling seems to suit in this kind of a market as option buying can cause a serious damage to the funds. The market has given a close above 17800 and on the hourly analysis, market tried...
NSE:ZYDUSLIFE #NSE:ZYDUSLIFE shared on 11th with levels, stock successfully achieved T1 and running with 7.5% profits.... T2 updated now. Wish everyone bagged handsome profits, Don't forget to trail ur profits !!
Good Morning! It is being observed that currently, the index is facing a lot of Resistance at around the stated level of 17700. As a result of which, the index can take a little pull back here. Also because there are chances that this week can be a little dull for the bullish players. However, even if that happens, do not worry. Since, we are still with our...
INDOBORAX | Simple triangle breakout - Looks potential for 25% CMP : 138 (Dip : 130) SL : 115 Target : 175 1:4 risk reward setup
BSE:ULTRAMAR #BSE:ULTRAMAR given multiple confirmations with high Volumes.... #Trendline BO #Resistance BO #CupandHandle #Headandshoulder inverted. T: 418, 475+ SL: Resistance/TL. If you like the analysis, pls reply in comment, with your replies only will share the next chart here. Expecting atleast 50 replies to post next chart. No point in sharing the...
GSPL | Trendline breakout - Looks potential for 30% CMP : 246 SL : 230 Target : 320 1:4 risk reward setup
Look like strong closing on this stock makes good opportunities on the upside of first target 196 and other targets are basis upon long term trend and there is good accumulation upto 166.
After some weeks, gud breakout on thi stock with cup and handle breakout and target are mentioned in the charts and there is good accumulation upto 109.
Look like trendline breakout on upside at its all time high and good for swing opportunities ad there is good accumulation upto 300 and it closes comes again inside the channel
Look like come outside of downtrend with rounding bottom pattern and there is good targets as mentioned in the charts and there is good accumulation upto 1970 below closing comes under the trendline again.
My view on Hindustan Aeronaut stock is may be given good profit for 16/08/2022 Weekly. Because this stock Volume has Increased in weekly time frame and formed Bullish Engulfing pattern with Momentum.
MHRIL | Trendline breakout - Looks potential for 15% CMP : 227 SL : 215 Target : 260 Almsot 1:3 risk reward setup
Good Morning, Just as we had stated yesterday, similarly we did witness a gap up opening in Nifty, yesterday itself. Wherein, Nifty did manage to cross over above its stated Resistance level of 17700, but somehow couldn’t sustain above it on a closing basis. Moreover, along with the Index most of the stocks can be found near their respective Resistance levels,...
ELGIEQUIP | Cup & Handle Setup - Looks good for 20% short term CMP : 445 (Dip : 420) SL : 395 Target : 530 (Based on fib) 1:3+ risk reward setup
GLENMARK is looking to break out after a long consolidation with a Marubozu Bullish Englufing candle combined with volume increase. After a brief downtrend, the stock is now poised for a reversal and can give a return of 12-16% on deployed capital in this swing trade. The view is to be discarded in the even of the price action breaking down on the previous swing...
CRISIL | Trendline breakout inside the channel - Looks Potential 20% CMP : 3355 (Dip : 3200) SL : 3080 Target : 3850, 3950 Almost 1:3 risk reward setup
Good Morning, The level of 17700 now becomes our next expected resistance level in Nifty. Besides, an upcoming long weekend in the Indian Market can somehow create a pressure on the stocks now. So, if in case there is any gap up opening, then we must use the opportunity to go for profit booking in the already accumulated stocks that are generating some return...