In the Weekly Chart of BLUESTAR , we can see that, it has given strong Trendline breakout and retested it. Enter on retested Trendline with Candle'ss Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of BALKRISIND , we can see that, it has given strong Trendline breakout. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
NSE: MUTHOOTFIN 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 8% to 13% gain on...
As we can see despite the strong opening NIFTY fell unidirectionally but took support at yesterdays closing and showed slight RECOVERY in the end. Now that NIFTY can be shown signs of indecision in smaller time frame which shows NIFTY can remain sideways to negative in coming trading sessions but is BULLISH in LONGRUN until it sustains above given zone so plan...
NSE: BALKRISIND 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 8% to 13% gain on...
As we can see NIFTY has exactly REVERSED from our levels as analysed in our previous post after much of consolidation. Now looking at chart we can expect NIFTY to continue its BULLISHNESS unless it breaks below 19860 then we cam expect some serious retracement till 19600 till then every dip is a buying opportunity so plan your trades accordingly.
GRASIM | Cup & Handle breakout - Relatively a safe bet for 40% CMP : 1930 SL : 1700
NSE:LT Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai & Technical services, headquartered in Chennai. LT forms Shooting Star after an uptrend and gave closing below...
Did you sell all your Small caps in the small cap crash yesterday? If you look at the weekly HeikenAshi chart of SmallCap Index, it is still long. Following it would have avoided panic sell.
NSE: GRANULES 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 12% gain on deployed...
As we can despite a strong panic NIFTY managed to show some strong rejection and closed above last ATH. Surprisingly which is a fluke we did discuss that a sharp retracement is expected and we did see that fall the very next day. Now we may expect NIFTY to remain sideways to negative for upcoming trading sessions before finally continuing the rally so plan your...
Banknifty after a gap up opening came for a profit booking and closed 60 points lower forming a red candle on the daily charts. On the hourly charts, it seem to consolidate after the initial sell off and has closed above both the moving averages. Market has given a nice bullish move and are stretched enough to give a retest or consolidation. It will be sideway...
After a gap up opening, there was a profit booking and market consolidated as it has already stretched alot and it may take a halt or market may become volatile. On the hourly charts, there was profit booking in the first hour and market remained inside the candle whole day closing almost flat. Nifty has hit a new ATH and there should be a halt or a retracement...
NSE:VEDL Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, India, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. VEDL, 1D gave closing above Marabozu candle. The stock also formed triple bottom at 232 level and gave closing above neckline of triple bottom. Entry :...
NSE:HONAUT Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was incorporated in India in 1984 and its registered office in Hadapsar, Pune. HAIL is a leader in providing integrated automation and software solutions, including process solutions and building...
TATA Consultancy Services Limited is an Indian multinational information technology services and consulting company with its headquarters in Mumbai, Maharashtra. It is a part of the Tata Group and operates in 150 locations across 46 countries. NSE:TCS gave breakout of Bullish harami pattern and breakout of its previous 17 day consolidation. Entry :...
As we can see NIFTY has finally attained its much awaited new ALL TIME HIGH as we had been analysing since past few weeks. Now it becomes real confusing as NIFTY might go in consolidation for quite sometime now with immense volatility and high VIX, we can see 20200 in coming days but a serious retracament is missing which can happen anytime which could be in the...
HDFCAMC | Flag breakout - Looks potential for 30% short term CMP : 2663 SL : 2300 Target : 3500 1:3+ risk reward setup