Price - ₹3.60 Dt. - 14-10-2020
Stock is heading toward the overbought zone. Price can go up to ₹4.15 before falling down. If the stock falls then it can go up to ₹3.20. Moving averages have given buy signal but the stock will be down in a couple of trading sessions. Buying opportunities will be around ₹3.25-3.30.
Price - ₹253.75 Dt. - 10-10-2020
Price takes the support of 21DEMA and 50DEMA. price is also moving in a range. It looks like the price will further go down till the trendline or 50DEMA before moving up. If the stock starts falling in the next trading session then to wait till it takes to support and starts moving back. If the stock moves upward and breaks the...
Price - ₹465.80 Dt. - 10-10-2020
Stock is taking support at ₹463.75. Looking at the last candle the sellers were successful to bring the price back to the opening price. In the next trading session, chances are high that stock will break the support line and will fall more till the trendline. If buyers come in next trading session, then the stock can go up to...
Price - ₹326.55 Dt. - 09-10-2020
In past, the price has taken the support of 21DEMA and we think this time the stock can do the same. After 4 sessions in green, the stock closed in red today making bearish engulfing pattern. RSI is above 70, so chances are stock can fall for a few trading sessions and become attractive stock to buy.
Price - ₹468.05 Dt. - 09-10-2020
The stock has broken the trendline and given the close above that. Price was facing the resistance from the last 4 sessions but today with higher than average volume the price was able to give close above the trendline. Now the price has entered in the triangle and can give breakout in a few sessions. 21DEMA has crossed the 50DEMA...
Price - ₹387.50 Date - 08-10-2020.
Today 21DEMA given the close above 50DEMA. Stock can come till ₹380.60 to test the support line. The stock can break the support line and can go near 21DEMA. In past whenever the stock took the support of 21DEMA, it has given return around 5-7%. You can purchase stock around ₹380.
India Bulls Housing – CMP - ₹201.30 Dt. – 09-09-2020
On a daily chart, the stock is stuck between a triangle and on 28th Aug. 2020, the price tried to break the trend line and somehow managed to close above the trend with low volume but failed to hold the very next day and stock fall with higher volume. From last 3 trading session, the stock had given close above...
CUMMINS – CMP - ₹419.10 Dt. – 08-08-2020
On a daily chart, the price is taking the support of trend-line and bounces back. As you can see the price has moved upside after the price touch the trend line on 16th July 2020. Price is above 21DEMA and 50 DEMA. On 7th August the price gave the closing above the resistance level which was placed at ₹416.90.
Amara Raja Batteries – CMP - ₹698.75 Dt. – 30-07-2020
On a daily chart, the price has given close above 21DEMA. If the stock moves upward it will face resistance ₹713.10 and then ₹732.90. If starts moving down the stock will take support at ₹677.40 and if falls more the stock will take support at ₹636.75.
The MACD indicator has given the sell signal whereas RSI...
UPL Ltd–CMP - ₹445.80 Dt.–27-07-2020
On a daily chart, the stock is giving respect to the trend line as well as to the 21DEMA. 3 times stock has taken the support of the trend line and bounced back. In the last trading session, the stock has given a slight close below the trend line but above the 21DEMA. It looks like if stock started moving up then it will face...
SBI CARDS - ₹740.80 Dt. – 26-07-2020
The stock has given a perfect buy opportunity right now. Price is near to support line as well as a trend line. Stock is moving in a channel and if move upward the stock will face resistance at ₹765.35 and then ₹797.40. If price starts moving down it can go up to ₹720.25.
Moving averages and indicators have given a buy signal.
Marico - CMP - ₹357.10 Dt.–25-07-2020
I have taken the 4-hour chart and in the chart, you can see the stock is in an uptrend and was taking the support of red trend lines and now the stock is moving up and down between support and resistance line placed at ₹342.80 and ₹358.85 respectively.
The price is also moving upward, trapped between the purple trend line. If...
It looks like the stock is exhausted after a good rally of last week. Stock may enter consolidation form or can break the support and try to touch the downtrend line. If moves downward than the below purple trend line will give buying opportunity in a few trading sessions.