Hit like if you agree or comment your views Why long- -Golden crossover formed EMA 20 support Demand zone support on daily timeframe
DBL is making similar pattern like Axis bank- EMA 20 Daily+weekly support Daily demand zone Harmonic pattern Trend line support Higher highs formation Immediate target should be 320, if sustains and break the trend line on the upper side we can see 360 levels. Company is one of the big player in road construction. PE is 9.25 Industry PE-14.6 currently undervalued stock.
Demand zone at daily Time frame Golden crossover support Trail your SL and enjoy the rally
Reason -Trend line support -EMA 20 suppor -Zig zag chart pattern -Demand zone Good move expected above the green cloud
Reason- Trend line support -Channel formation In demand zone EMA 20 support
Buy at every support level and buying zone and enjoy the rally
Next 3-5 years will be lead by API industry One can add at every dip for 12 to 18 months. Short term immediate target is 170
Reason- Price entered in demand zone Harmonic pattern
INSIDE 1HOUR TIMEFRAME OF DEMAND ZONE I FOUND 2 DEMAND ZONES ON SMALLER TIMEFRAME ie 15MNTS
Nifty trading at support level on hourly chart. Looks Nifty may spend some time between range of 10800 and 11300.
BALKRISIND looks strong with volume analysis, buying opportunity exists at the current level with a price target of 1310-1320 in the upcoming 7-10 sessions.
looking good for short term as well long term Currently in Monthly and daily demand zone Golden cross over formed Highest market cap in education sector PE ration 7 Vs industry PE 13 Undervalued Share book value 15 undervalued Invest only that much which you can afford to loose
HCL Tech closes above boring candle hence looks strong at the current level, target around 700-705 levels with 3-4 session trade. SL can be considered around 613 level on closing basis
Tata Steel is trading in a channel. Has given a trendline and horizontal resistance breakout. Nice opportunity to long
Market Analysis : USOil formed Symmetrical triangle pattern on 4 hours time frame. Expecting it to be reverse and touch S3 support zone in upcoming days
Is it compulsory to that stock should fill the gap after a huge gap up? Is it compulsory to take a short trade in any stock which is showing strong momentum on the upside? As per my analysis it's very difficult to get the follow through in short trade if it will trading above 890. Sustain below 890 it my test it's next demand zones on the downside. 912-922 is...
Price is decreasing with decreasing volume this convey that in near future price can reverse its trend. (Long opportunity) CANBK has formed a support and trading near the support. Buying on this position can give very good RR ration.