MAHLOG | The perfect weekly close that we want Looks like the stock is bottomed out and new trend is taking place CMP : 448 (Dip : 420) SL : 375 Target : 780 #Lead
Current market sentiment suggests a slightly bearish stance as Nifty is trading higher than its 200 EMA
Almost all Defense stocks has made a bull run, but #PARAS, which is set to soar🛫🔒Monthly resistance shattered, signaling a potential upward trend📈Keep an eye on this pocket pivot - could be the start of something big🔥
FinNifty has formed a neutral doji and has shown selling in the last hour of the trading session. On last two weekly expiries it hadn't shown some moment. There are chances of market giving some movement tomorrow. Hourly candle has closed below the 20 ema and there was good selling from the day high. Intraday targets for selling :- 21290-320, 21220 Markets are...
Banknifty has given a fall in daily charts, closing below the round number figure of 48k. It is sitting around 50% fibonacci levels. Either it will retest 38.2% level or come to test 61.8% levels. Major Support levels :- 47675, 47460 Tomorrow is weekly expiry and today itself has given a 470 points fall. If the market remain bearish the lower levels can be...
Nifty is currently sitting on the support of 38.2% fib level and it is a good support for the index. This is the third time the support is being tested. If there is a break down of the levels 50% anf 61.8% levels can be tested on the expiry day. Major support levels :- 21420, 21300 If there is a flat or gap up opening wait for the bearish price action as market...
NSE: FINPIPE is closing with a bullish consolidation candle supported with 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 moving along the horizontal support for the past few days which is indicating demand. One can look for a 13% to 19% gain on...
As we can see despite did show some weakness in daily we can see NIFTY heading towards important SUPPORT which previously acted as a RESISTANCE hence unless NIFTY sustains below the trendline, we can again expect a strong RECOVERY after opening weak hence plan your trades accordingly everyone.
🚀 Bullish vibes for Borosil Renewables! 📈 Breaking through monthly resistance, conquering the 200 EMA, and executing a slick pocket pivot. 🔄 Momentum in full swing, signaling potential growth ahead.
BIOCON out of Ventilator and at 52 Week High🔥🚀 Reasons for bullishness: 1. Volume Build Up 2. Broke Monthly Resistance 3. Broke Ascending Wedge 🔷CMP: 282 🔷Support at 270 🔷Heavy Resistance at 340
NIFTY | Topped out and Ready to take a small slide? There are couple of gaps to be filled, they will pull like gravity. I also see strong RSI negative divergence in lower time frames. CMP : 21517
NSE: BANDHANBNK is closing with a bullish momentum candle supported with 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 moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 14% gain on...
Namaste! Any stock can not sustain it's bullish behaviour, without a correction. Reliance has to correct, before going up again. It is the proved nature of markets. Why selling any stock is a good idea. 1. To buy it back at a lower prices, 2. To full-fill urgent needs of money, 3. To let the weak hands enjoy the euphoria and not to stay in the markets when...
We did see some strong downfall as analysed in our previos analysis with proper reason that the trendline has been tested multiple times and any break could show good fall and we did see that. Now despite the fall NIFTY managed to close itself above the trendline acting as a support hence unless NIFTY closes below the trendline this week, we cannot be sure of any...
EPIGRAL | One more high probable setup - Looks good for 60-70% CMP : 1050 (Dip : 970) SL : 850 (P.S : This is a demerged stock of MOL)
Nifty for consecutive 3 trading session has been closing in a range. In the closing hour the market has closed below the hourly 20 ema. RSI indicator is also showing some bearish divergence and there are chance of market trying to test the lower support levels. Intraday targets for bearish move :- 21585, 21530 If there is a flat opening and market starts...
IOLCP | More power to pharma - Yet another INHS breakout ahead CMP : 488 SL : 400 Target : 840 1:4+ risk reward setup
NSE: REDTAPE is closing with a bullish momentum candle supported with 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 moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 14% gain on deployed...