Please read the notes on chart carefully and act accordingly. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
Natural Gas turned bullish this morning and is now heading for new levels to achieve. Please read the notes as mentioned on the chart and stay invested accordingly. Price levels have already been provided in the previous post. Today's time candles are as under: 2-1-24 6:34 AM 2-1-24 11:00 AM 2-1-24 3:26 PM 2-1-24 7:52 PM Disclaimer: I am not a Registered...
Buy UPL and forget for atleast 50 points from here, I am not a SEBI Registered Analyst. Please consult your finacial advisor before making any decision.
Global Health (MEDANTA) is currently at an exciting juncture, trading at 999 and situated in the daily Drop Base Rally (DBR) zone. This zone has proven historical significance, marking the origin of the all-time high and breaking through previous resistance levels. The stock's recent achievement of hitting an all-time high just three days ago further validates the...
Buy ABOVE 45110 i AM NOT A SEBI REGISTERED ANALYST. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE MAKING ANY DECISION
Hello Friends If you remember, I mentioned last fortnight stocks to buy Rajesh Exports, HDFC Bank, SBI Cards, PEL, UPL, Lux Industries. All of them rather fell. Try to understand the psychology of smart money, market was opening gap up and then going down regularly for the last fortnight especially from the 20th Jan 2023. It was just to go against the...
After breaking the all time high in July it rallied a bit and went into consolidation. So finally its out of the base of 24Weeks and range of 30% on good volumes. It has already crossed the first probable target. It is also above all its key moving averages. 640 levels shall now act as a good support and a weekly close with a follow through below this level...
SBI CARDS is an interesting chart with following 1. Bullish Harmonic BAT pattern under formation 2. PRZ near 715-740 zone 3. Confirmation hammer candle on weekly chart 4. Price Formed Bullish candles on two consecutive days on daily charts despite bad numbers can be a good risk and reward for positional target of 873 with SL below 700 levels Disclaimer: I am...
PVR INOX is an interesting chart with following 1. Bullish Harmonic BAT pattern under formation with price reversal zone near 1420 zone 2. Bullish Diversion on RSI on daily chart 3. Price formed Doji on daily chart 4. 100 EMA support on Monthly chart near 1345 Can be a good risk reward with buy on dips and dips only near PRZ if a confirmation bullish candle...
BAJAJ FINSERVE is an interesting chart 1. Bullish Harmonic BAT pattern on daily chart 2. Weekly Support at 1564 which is 50 EMA weekly 3. Weekly trend line support at 1560 4. weekly Anchor support at 1509 levels 5. Positive Reverse Diversion on RSI on weekly chart (RSI made a new low but price made a new high ) 6. One can look for buy on dips and dips...
Asian paint is one interesting stock with following 1. Price forming Bullish Harmonic BAT pattern on weekly chart 2. Pattern PRZ zone near 2810 - 2730 levels Subject to reversal confirmation at least on 4 hour/ daily chart 3. RSI on daily chart already below 20 (oversold zone) 4. 200 EMA support on weekly chart at 2780 levels 5. 50 EMA support on monthly chart at...
On the monthly timeframe the stock is possibly breaking out of the long term down trend. It is also breaking out in confluence with the resistance 69-76 levels. Volumes are also on the rise. On the weekly timeframe we see it sustaining above the down trend line and finally got a close above 76. Now 69-76 shall act as a support and weekly close with a follow...
On a monthly timeframe it is sustaining above 1969-2365 (previous resistance zone) which is now acting as a support. A new HH was formed on the same timeframe and the price is consolidating thereafter. On a weekly timeframe we see the range getting squeezed and no of consolidation weeks is coming down too. It is well sustaining above the 2365 levels for 9weeks...
Nice contraction of volumes is see while the stock is consolidating and taking support of 73-90 zone and thereafter sustaining well above 98-104 supply zone too which it failed to earlier. It is trading above all its key moving averages too. Well it has broke our of this base and sustained well above it for 2 weeks now. 119-125 shall now act as good support...
On the monthly chart the price was not able to sustain above 25 levels which we see now seems sustaining. Probably coming our of small base of 8 weeks and 20.5% range it is well sailing above all its key moving averages with decent volumes. Quarterly sales are improving. 18-25 levels will now act as strong support and a weekly close below it with a follow...
On a monthly chart the stock broke out of the double bottom pattern and again went into consolidation. This month it is seen breaking out of that consolidation and on good volumes. Monthly close is yet to happen next week, but it is evident enough that it will probably close above the resistance levels. (30-33). It is sailing above all its key moving averages. ...
After breaking out of the downtrend it retested the resistance zone which acted as a support. It seems coming out of the 1st base of 9weeks and 25% range and in confluence this is the 1st week which close above the highest monthly close that happened in 2017. The stock did not closed above this on monthly timeframe. Volumes are good. It is sailing above all its...
The stock coming out of a downtrend, it rallied without any consolidation since then. It went in a base formation of 18Weeks and range of 28% it has broke on decent volumes. Stock sailing above its key moving averages. 155-164 zone shall now act as good support and a weekly close with follow through will invalidate our view. 197 - 205 - 213 - 270 - 321 are...