Lupin is on CONSOLIDATION AFTER A FALL IN STOCKS FROM 914 LEVEL
IT Makes RESISTANCE AT 795 LEVEL
AFTER That IT FALL TILL 583 ON 27 MAY 2022
FROM THERE IT SHOW A UP TREND IN STOCK
till resistance (23/DEC/2022)
Now stock is in consolidation again in small range
Keep an eye
#NIFTY50
Nifty : Trading in range bound region. After corporate results, nifty comes under profit booking. Stock specific action is going on.
R&S : 18050 will act as strong support and 18450 will act as strong resistance.
FII/DII : FII is long with index future of +95 correlation.(long in index future) / DII short in index future.
Sectors : Iron and Steel,...
NSE:IRB is a fundamentally strong scrip. Their incomes from toll have reported a great rise.
Furthermore, just have a look on FII holding. There is no reason not to add this scrip.
-- Infrastructure sector overall growth
-- Fundamentals
-- Diversified sources of revenue
I see a short term target of Rs.300 and Rs.350 in medium term.
What are your targets...
NSE:NIFTY has shown a rangebound consolidation in last 5 months of trading sessions. But this week, the candle moved from lower to upper range of bollinger band. In addition to it, many global factors are favouring the market sentiments which include:
- The stability in crude and steel prices.
- A healthy correction after bull run of around 2 years.
- ...
Well, we can skip the gap up fear. It's nice to see such a peaceful volatile expiry today between 17350 and 17150. The bottom side was beautifully respected, 17000 till now. We can say the market respects price action as well. From here, the nifty will either consolidate or break imp levels. My eyes will When FIIs start to support the market, After the US...
NIFTY is knocking on 16000 for quite a few days now. As according to Friday's Stats FII's have covered 5996 contracts of Future Index long and added 6897 shorts.This might be the case coming week. besides,
Option Index Call long 54923
Call Short 70176
Put long 62139
Put Short 40611
From this data I will say market will correct again from this level, so I will Sell...
TCNSBRANDS is come in our radar post huge Volume of Retail buyers and FII. Company is doing well in terms of fundamental and Chart also showing the same. Seems that TCNSBRANDS given a good breakout of wedge chart pattern with highest Vol since Feb 21. Expecting 10-15% upside from CMP 630.
Even though there is heavy liquidity in the market and that has been driving the markets significantly higher over the last year. Nifty has rallied over 100% since the low of March 2020. A lot of investors have made way more than average returns on their investment in this dream run. Those investors would like to retrieve their amazing returns to make use of the...
