Dear All, Once again we had seen the appropriateness of our Morning Mantra update, wherein a bounce back along with some cautiousness was predicted yesterday. Likewise the same was witnessed in the Market yesterday itself, as after a gap up opening in Nifty, a supply pressure was also observed at the upper levels. Overall, Nifty seems to be ...
Indiamart Cmp 5641 dated 18-5-2023 1. Bearish Engulfing or made Red Morubuzu (both Bearish Candle) 2. RSI breakdown Sell Below 5610 target 5500-5400-5350 SL 5725 It is just a view, please trade at your own risk.
The price has given a trendline breakout and above 200 ema. The risk and reward is very favourable. Target 30%, Stop Loss below Rs 280, Risk Reward 1:5 Thanks -AJ Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Dear All, So Yesterday we had seen the impact of the Bearish Engulfing pattern. As a result of which we did also observe a supply pressure in the Market, just as we had already stated yesterday itself. However for today, we are expecting to witness a bounce back in Nifty. Wherein, it will be better to remain cautious , as today is the day of weekly...
we have seen another great fall as analysed in our previous post now we can see it has reached another important demand zone which will now act as a strong support for upcoming trading sessions and hence making it a better place to make new long positions hence till the levels are sustained above we can see good recovery from here so keep watching everyone
GUJGASLTD | Sharp triangle breakout ahead - Potential for 50% CMP : 491 SL : 440 Target : 725 1:5 risk reward setup
RML | One more 2x candidate - Pure technical bet CMP : 564 SL : 460 Target : 980 Not so great fundamental stock
Coal India Cmp 241.60 dated 17-5-2023 1. Shooting Star Candle @ Resistance. 2. Will get activate below 240 Sell below 240 #target 237-235-233-230 SL 244 It is just a view, please trade at your own risk.
Look at this chart. Hellos guys. Good evening. It is at its support zone as of now it is trying for long term buying. Go with flow at your own risk. Thank you❤
As we can see NIFTY can be seen getting rejected exactly as we analsyed in our previous analysis an exactly from our given levels of 18400-18450! Now we can expect NIFTY to remain sideways to negative in coming days and might test 18200 levels in coming trading sessions before continuing its bull run
Dear All, Since “ Everyday is not a Sunday ”, we can say that yesterday was indeed not a day in favour of the bulls. However, witnessing this supply pressure at the upper levels yesterday, had somehow proven our statement of “Rebalancing the Portfolio” , to be absolutely on point, once again. Besides, in this journey of speedy recovery from 16800 to...
NBCC | Looks good for a stable 60-65% rally CMP : 42 (Dip : 36) SL : 30 Target : 65
HUDCO | Excellent Cup & Handle breakout - Potential for 40% CMP : 58 (Dip : 55) SL : 50 Target : 80, 95
As we can see NIFTY has shown a strong uptrend after taking support at the previous acting resistance levels now it is seen heading towards its next hidden resistance which can be seen around 18400-18450 levels and nifty did close below the given levels hence the first half of nifty would be really important as if NIFTY opens strong but fails to sustain above...
Dear All, Yesterday was indeed a wonderful day for the Market. Wherein we had observed an excellent performance by almost every sector. Besides, just as we had been repeatedly stating about witnessing a push towards the new high, once after Nifty gives a stable weekly closing of above 18200. Likewise, the same is being observed in the Market...
SUNTV | Beautiful setup - Looks easy opportunity to capture 30-35% -> Hammer at channel support -> W pattern -> Higher low formation in daily time frame -> Small breakout in Daily time frame CMP : 448 (Dip : 420) SL : 385 Target : 580 1:3+ risk reward setup
BSOFT Cmp 266.70 dated 3-4-2023 1. Reversed from Support Line @250 2. Three White crows CandleStick made 2. RSI reversal & on verge of BO Buy above 268 for target 275-285-295-305 SL 255 It is just a view, please trade at your own risk.
As we can see NIFTY exactly took support at our given levels and started to move up as we analysed in our previous NIFTY analysis and we also discussed of keeping our long positions intact till it breaches and sustains below 18170 levels! Since not much of action has taken place as of now, hence our view remains intact of buying on every dips till our levels are...