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Candlestick analysis

EXPECTING AN UPRISE IN M_M As per the 2 Hour Chart of MAHINDRA & MAHINDRA, we have witnessed the Formations of “Hammer” as well as “Bullish Harami” on the chart. Therefore, we are expecting a bullish momentum in M_M in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 838.20, 842.95, and 850. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 827, on closing basis. Closing Price (as on 04.01.22) : 832.45 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:M_MLong
by alokdaiya
KIOCL DAILY CHART ANALYSIS AS ON 26.12.2021KIOCL as per daily chart analysis stock above 282 level for a target 292 level and resistance is at 280 level and 308 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:KIOCL
by UnknownUnicorn19608572
GUFIC BIOSCIENCES DAILY CHART ANALYSIS AS ON 26.12.2021GUFIC BIOSCIENCES as per daily chart analysis the stock on 24.12.2021 has broken the consolidation zone. Stock above 224 level for a target 230 level and resistance is at 232 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:GUFICBIO
by UnknownUnicorn19608572
SHARDA CROPCHEM DAILY CHART ANALYSIS AS ON 26.12.2021SHARDA CROPCHEM as per daily chart analysis is in brief consolidation zone and on 24.12.2021 it had tried to break consolidation. Stock above 345 level for a target 355 level and resistance at 359 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:SHARDACROP
by UnknownUnicorn19608572
EVEREST INDUSTRIES DAILY CHART ANALYSIS AS ON 26.12.2021EVEREST INDUSTRIES as per daily chart analysis the stock was in consolidation zone and 24.12.2021 it has broken the consolidation zone and stock above 480 for a target 490 level. Resistance is at 500. Nifty monthly chart forming indecisive doji, weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:EVERESTIND
by UnknownUnicorn19608572
MARAL OVERSEAS DAILY CHART ANALYSIS AS ON 26.12.2021MARAL OVERSEAS as per daily chart analysis is in brief consolidation and on 24.12.2021 it has formed strong bullish candle and broken the resistance 98 level. Above 99 for a target 101. Nifty monthly chart forming indecisive doji, weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:MARALOVER
by UnknownUnicorn19608572