NSE: Yes Bank Out of Ascending triangle might move for 225+ .
Since Nov 29 till Jan 15, Stock was oscillating between 195 to 146
This has formed Ascending triangle like pattern
195 level was strong resistance that stock has crossed
Possible Long at current level with stop loss around 176 level and target of 225, 246 and above in sight
Time frame looks 4 to 5 weeks.
BTCUSD
running large count we are at b count
possible c wave 4200 supply zone if cross 4400-4800
count invalid 3200
Bullish Area 3350-3400
weekly ma support at 3250
gartley pattern
count invalid 3200
double bottom
Facing Resistance At New High.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
NSE: Kotak Bank Possible Long for resistance break above 1268
From High of 1408 on July 19 to Low of 1133 on Sept 28
Pull back is in progress with triangle pattern
Today closed above 61.8 retracement level from 1408 fall.
Level 1268 looks like resistance.
Possible Long for resistance break to take 1321 level,
Further break above triangle can touch 1400...
NSE: KILITCH DRUG Volume Breakout for 247, 271
Break out Momentum play
From Oct 15 to Jan 07 consolidation between 149 to 209
On Jan 08, break out with unusual high volume compare to normal day volume, closed above 209.
Level 209 seems to be strong resistance.
Possible long at current level with strict stoploss 186 and target for 232, 247, 271.
If momentum...
Nicely Moving In Channel.
Every Time It Took Support @ 0.786 Fibonacci (Lower Line of Channel) & Bounced Till 1.27 Fibonacci (Upper Line of Channel).
Will It Respect 0.786 Fibonacci This Time?
Break Out Retest.
Buy On Dip.
Risk Reward Looks Favourable.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial...
NSE: Muthoot Finance
Upside momentum from low of 389 continues with strong participation.
One can initiate a buy to ride the wave.
Price breakout above 500 suggests momentum will continue with stop loss of 480 and can achieve target level of 550, 558, 568, 598
With further breakout above 598, target of 726 insight.
At current level strength of pull back is...
NSE: Hindustan Petro
Pullback continue from selloff to 164 level
Trend is not very strong but can initiate a long position @ current level with stop loss 225 and target 245.
Trend is loosing movement, might retreat from 245 level for further downside.
Need to break out above 262 for further momentum on long side.
1300 has been a major resistance and GOLD is unable to breach that.
Further the long term weekly trendline has been broken and the daily Fib from 1200 to 1300 suggests that GOLD may go on to test at least 61.8% for the time being.
We have our TP at 1250 which seems a major demand zone too for now and our SL is above the long term trendline at 1297.8.
Lets see what...
Nifty has respected 10640 levels and bounced back to 10725 levels
Now above 10725, 10790 & 10840 possible. And close above 10860 will take it to 10930 & 10990
10600 and 10500 are good support levels
NSE: DMART Below 1364 might touch 1157 in short term
Since December 19 to January 11 stock was trading between 1696 to 1501
After performance numbers declared during weekend, today's sell off with huge volume shows more downside
The weakness in chart might built up further and can push price lower to 1157 level in coming days
Going forward 1489 will act as strong...
NSE: Aamar Raja Breakout for target 800+
After brief consolidation between 683 to 748, price break out with strong volume
Possible buy @ 753 current level with stop loss @ 725 for targets 757, 767, 779, 800+
725 looks to be a strong support. Possible time frame for target 4 weeks
Possible buy for SUNPHARMA at current level until 452 for a target of 468, 478 & 493 with a stoploss of 422 in short term.
Technical bounce back to continue until 493 before facing major resistance.
Below 422 will open more downside
NSE: Aarati Industries
Long term Up trend continue. Breakout above 1521.
Possible buy to ride uptrend @ current level with stop loss of 1362, and targets of 1574, 1643, 1674, 1773 then next breakout for 1924 insight
Current trend is Up with momentum remains strong
