CSB Bank previously known as Catholic Syrian Bank Ltd. Analysis - Has major income from retail group and well diversified business in terms of Income. NIM (Net Interest Margin) which is one of the major incomes of Bank is more than 5% not even major banks have this much, very few banks are able to keep it above 5%. If you see last 5-year profit growth is almost...
As we had analysed that NIFTY had jut turned bullish and every dip was a buying opportunity since the day NIFTY closed itself above 19500, it had shown unidirectional up move till now and rallied over 150++ points as of now. Now we can expect NIFTY to continue this rally till 19850-19900 levels where we can see a GAP trending which is supposed to be filled and act...
NSE:MHRIL gave breakout on Daily Time frame after 40 days consolidation. It gave breakout with marubozu candle with high volumes
This candle stick pattern on nifty daily chart has very good success rate. For dragonfly to succeed we need 1. Existing down trend. 2. Dragonfly doji formation. 3. Break of dragonfly high. Third condition is what we need to track today. Also, if we gap up today than it can be a good candidate for abandon baby pattern.
NSE:TATACHEM formed hammer and gave closing above it. Entry : 1045 Target : 1075 SL : 1019 RR : 1.15
NSE: INOXWIND is closing with a bullish swing reversal 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 12% gain on...
1) Pivot point IS 1820.50 _R1 : 1828.64 | R2 : 1837.27 | R3 : 1845.24_ _S1 : 1795.44 | S2 : 1804.07 | S3 : 1812.04 _ 2) Moving average ( 5, 10, 20, 50, 100, 200) _MA5 : 1822.49(S), 1829.33(E) | MA10: 1851.61(S), 1847.47(E) | MA20: 1886.48(S), 1871.32(E) | MA50: 1907.15(S), 1900.34(E) | MA100: 1926.74(S), 1915.11(E) | MA200: 1927.75(S), 1906.52(E)_ 3)...
As we had been discussing in the last post that NIFTY could be sideways if maintains itself in the range we decided but NIFTY opened strong and sustained itself above 19500 levels which shows that NIFTY has gotten stronger and the view of BUYING THE DIPS stands intact till it maintains itself above this levels so plan your trades accordingly.
A strong bullish engulfing pattern is formed on an important support level. The support level of 4064 is a 50% Fibonacci retracement level and is also an important psychological level. So the bullish engulfing pattern on such an important level indicates an uptrend. Trade Zone: If the price moved above 4265 and sustained, then we could see the levels of...
The market are in a volatile mood and after an initial move it is holding on the levels creating less opportunities for option buyers. This week's expiry remained volatile and on the daily charts, nifty is trading below the 20 ema. It has formed a doji candle after a gap up opening. On the hourly charts, market has remained in a range and consolidated in a 100...
ASALCBR | Channel breakout - Looks potential for 30-35% CMP : 467 SL : 425 Target : 620 Almost 1:4 risk reward setup
Swing - 113 to 177 Shallow Pullback - 38.20% retracement level Chart Pattern - Morning Star The price takes support from the level of 150 which is a 38.20% Fibonacci retracement level. This level is considered as a shallow pullback. And the price formed a morning star pattern on this support level. This type of structure indicates the start of an uptrend. 1st...
NSE: SUMICHEM is closing with a bullish swing reversal 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 13% gain on...
HDFC Bank Ltd, buy on dips for long term...... Bullish Engulfing pattern on day chart.........
HUL is finally bouncing off the demand zone it has been maintaining from July of last year. Basically, HUL has been in the range between 2440-65 and 2725-60. After accumulating for around 10 days at the lower level of the range, yesterday (4th oct), HUL printed a strong Bullish candle closing above this accumulation range. I am planning a long-swing trade on...
views are personal...not sebi registerd...ideas for long term,medium term,short term
in last month stock broke previous resistance line and stock trending above it..when stock broke 57.70 rs level make position in stock with short term view .. target:65 sl:49
stock enters in blue zone....showing strength and shows fresh buying happens in script...view is medium term.. Target1:260rs target:290rs time period:3 months