USDINR looks attractive buyUSDINR formed a bullish hammer after entering the Daily Demand Zone. USDINR has been falling continuously for almost 10days.Looks attractive buy at around 74.48- 74.50 with stoploss of 74 for target of 75.00, 75.50, 76.00
Demand Zone
CADILAHC in Daily, Weekly and Monthly Demand ZoneCADILAHC has been consolidating little above Daily time frame Demand Zone after entering the daily Demand Zone. It has also touched the Weekly and Monthly time frame Demand Zone. Looks a good buy candidate price will gain strength by closing above 475 on daily candle closing basis.
BankNifty might reach 20 EMA by increasing the priceAccording to a famous theory, the price usually comes to the 20 EMA, or the Moving Average comes to the price.
For this week in BankNifty, it looks like it is reacting from a Daily Demand Zone to reach a 75 Minutes Supply Zone, where effectively lies the 20 EMA. So, the price might move up to 35800, but it is not that strong a conviction since the Demand Zone is tested once, and so, I am putting this idea for Neutral.
If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out!
Have a nice day!!!
Short Signal for NiftyAs we can see, 8 EMA is below 20 EMA, and the price has taken repeated resistance from the 20 EMA. So, a lot of chances are there that Nifty might go down if tomorrow's market closes below today's open.
If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out!
You may take the entry if the market closes below today's open tomorrow, stop-loss to be anywhere near the high of today's candle and target to be above the Weekly Demand Zone, Marked on the char
Have a nice day!!!
MANAPPURAM in Demand Zone MANAPPURAM FINANCE in Daily time frame Demand Zone. Looks like a good buy around cmp in the range of 160 -165 with stoploss of 153. Targets of 174, 179,189
HDFCAMC IN WEEKLY TIME FRAME DEMAND ZONEPrice in weekly Demand Zone. Entering after hammer candle high break on daily timeframe chart. Good buy at around 2545-55 with stop loss of 2395
Tgt 2695-2745, 2895
MARKSANS PHARMA Long MARKSANS PHARMA great stock to buy now at discounted price
FUNDAMENTAL
2x of book value👍
dividend yield half percent👍
look at ROCE almost 40% and ROE 32% fantastic for a company 💪💪💪
recently the company has reduced its debt its has only little debt
💪💪
important factor to watch out is the pe ration which is very less in indutry average almost all the companies have more PE 🔥🔥🔥🔥💪💪💪
companys sales volume is constantly rising👍👍👍
everything excellent🚀🔥
only thing is FIIi reduced thier stake in recent quarter i dont know why they may buy again possible ⚠️ 😂
bearish undertoneCNX 100 has made head and shoulder and is again making the same with probable target of major breakout level of 16200
Alkyl Amine Chemicals [Weekly]At support /demand zone. Looks good for fresh orders. I would still suggest to wait it off this week.
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Remember, if the overall market dips, most stocks will also go skinny dipping.
Happy Trading!
#BUY #CASTROLINDCASTROLND
my view is bullish and we can buy till the base
support of 120RS in case of correction it looks
very good to buy as it has strong fundamentals also.
WITH MINIMAL SL OF 115-118 C.B
IT HAS BEEN CONSOLIDATING SINCE JUNE
Bodal Chemicals LimitedReversal from demand zone in Bodal Chemicals Limited. also there is bullish MACD crossover
Dilip Buildcon LimitedReversal from demand zone in Dilip Buildcon Limited . Also there is bullish MACD crossover.
Axis Bank LimitedReversal from demand zone in Axis Bank Limited. Also there is bullish MACD crossover.
Aegis Logistics LimitedReversal from support zone in Aegis Logistics Limited, volume is also seen increasing, RS line also shows strength.
Note: Time frame is weekly in this chart
Crude is in Bearish modeNow crude in at a strong support zone
It is already reached a low of $62.46 and now it is an indecisive stage.
If it cross below $64 levels. possible to reach the support zone shown.
if further cross below this zone, the expected levels are $58.3, $52.4
The above observations are for STUDY purpose since the analysis is on weekly time frame.
CONFLUENCE OF MAJOR AND HORIZONTAL SUPPORT !HINDUNILVR is taking support from its major support line also at the same time it is taking support from its short term horizontal support area.
Wait for up trend confirmation on daily time frame to enter, it can be a good risk to reward trade.
Also if you have noticed , I didn't posted any analysis in the past few days. The reason for this was falling market.
In falling market all we must do is wait. Yes, wait for the right time to capture the great move. I can't actually tell if its the bottom of the market but here in Hindustan uniliver its a
great combination of two support also known as CONFLUENCE SUPPORT.
Note that this was my personal analysis and not a buy/sell call. Use this analysis for educational purpose only.
If you got any questions , you can post in the comments section.
ABBOTINDIA IN DAILY TIME FRAME DEMAND ZONEABBOTINDIA looks good buy in the current demand zone of daily time frame. CMP 19651, Stop loss 18990, target 21000, 22000
HCLTECK LONGHCL is under good buying
Technical : FibRetracement
Trade Type : Swing(2 months)
Target : 15%
Fundamental : Good
RAMCOCEM LONG VIEWHello Everyone :)
As per Technical view i see RAMCOCEM has a potential of 10-12% upside in a very short span of time.
RAMCOCEM is fundamentally good and can also be taken as long term bet.
This stock has been consolidating and we can see it is on the demand zone and that makes the sense to go Long.
PS: This is my view and i can be Wrong, This data is Shared for Educational purpose only.
Please consult your Financial Advisor before making an Investment
#Long
#Bulls #Reality #Sector
