S&PHello & welcome to this analysis
S&P has entered the PRZ of a bearish Harmonic ABCD pattern. It gets activated below 5175 and negated above 5210
A reversal from here could form a lower high in the index
Ichimokubluechips4u
Ashok LeylandHello & welcome to this analysis
Stock is in a strong uptrend which has now come close to its weekly upper channel with a bearish harmonic deep crab pattern in the daily time frame.
Strong support between 180-150 while resistance at 210
It would be a buy the dip stock or fresh additions above the weekly channel
Happy Investing
Graphite IndiaHello and welcome to this analysis
A likely triangle taking place currently in higher time frame suggesting breakout above 775 or support (likely last leg of triangle) at 550-450.
Overall short term could be sideways, medium to long term appears bullish.
Happy Investing
TAJ GVK HOTELSHello & welcome to this analysis
After a 16 years consolidation the stock has given a breakout.
Any dip could be a wonderful opportunity to add for medium to long term.
Happy Investing
ATUL AUTO LTDHello and welcome to this analysis
In the higher time frame stock has reacted from its all time high zone, if 475-425 is not protected then the possibility of a double top in monthly time frame should not be ruled out.
Current resistance zone 575-625 above that resumption of strong uptrend probable.
Happy Investing
Hindustan UnileverHello & welcome to this analysis
It has been an underperformer for the last 4 years and has still not shown any clear sign of reversal except for going sideways in lower time frame due to being over-sold.
2250 is a crucial support, failure to hold could lead to further down side till 2100-1950. While short covering could come in earliest above 2275 with resistance lined up at 2300-2350-2450
Happy Investing
JUBILANT INGREVIAHello & welcome to this analysis
The stock after a strong retracement has gone into a sideways trend mainly due to the sector seeing sharp decline.
Currently in a triangle in weekly time frame, a breakout is probable above 515 while further downside should not be ruled out if it breaches 400.
Overall fundamentally a strong stock one could keep an eye for breakout and or accumulate with proper risk management in case of failure/exit.
Happy investing
IRFCHello & welcome to this analysis
After a super run in 2023 its now in a retracement with support at 130 and below that at 100.
Resistance is at 155 and then 165 - sustaining above these levels it could see a decent upside in the medium to long term
Happy Investing
NBCC (INDIA) LTDHello & welcome to this analysis
The stock after seeing a 90% retracement from 2017 to 2020 and see a strong rally, recently going past its previous ATH made in 2017.
It has resistance around 145 with possibility of strong upside above it and support at 100 and below that near 75.
Happy investing
J KUMAR INFRA PROJECTS LTDHello & welcome to this analysis
JKIL is a small cap infra co which has in higher time frame been making higher highs and higher lows since its listing.
Currently trading around a resistance.
Fresh breakout above 715 with strong support near 550
All the best with your investing and trading strategies
NIFTY IT INDEXHello & welcome to this analysis
IT Index looks v strong, this phase of consolidation would be a great opportunity to add more.
Breakout above 38100 for 38500-39500-45000 with immediate support at 37300, below that next major support near 36500.
Happy investing
KOTAK MAHINDRA BANKHello and welcome to this analysis
India's large private bank has been in a sideways trend for over 2 years now.
It appears that this sideways trend could continue further until it breaks above 1850 on the upside or 1750 on the downside.
The Relative Strength of the stock with its parent index Bank Nifty and with Nifty is not showing any signal as of now for any outperformance.
Happy Investing
Pennar IndustriesHello & welcome to this analysis.
Stock has been on a strong uptrend ever since it broke above its 5 years high near 80.
Currently at a parallel channel and Ichimoku target/resistance.
Accumulate on dips till 120 and or wait for sustenance above 150 for further upside would be my strategy in this stock.
Happy Investing
NIFTYHello & welcome to this analysis
Nifty at the lower end of a parallel channel which matches with the trendline breakout.
As long as its above 21575 it could do another ATH towards the upper end of the parallel channel.
All the best
CASTROL INDIAHello & a warm welcome to this analysis
Stock appears to be consolidating near its ATH level of 197 with strong support at 175 and then 165-130.
Probable upside levels could be 245 & 345 in the medium to long term
Happy Investing
ANGEL ONEHello & welcome to this analysis
The stock since its listing has been a rank outperformer and is currently trading at its Fibonacci trend extension of 1.27 of its 1st leg of uptrend.
It has short term support at 3400, below that at 2900-2550
Medium term resistance comes in at 5100
Appears to be a good stock to accumulate on dips with a decent risk reward ratio set up
Happy Investing
V I P IndustriesHello and welcome to this analysis
A small cap stock which has done very well since its listing 25 years back.
Currently within a weekly triangle that could be coming to an end and an uptrend could resume once again.
All the best with your investing
Regards
CDSLHello and welcome to this analysis
Stock has had a dream run and is approaching a resistance in higher time frame with a wedge formation taking place in lower time frame.
Needs to hold 1860 for further continuation of trend.
Immediate resistance at 2025
All the best with your investing
INDUSIND BANKHello and welcome to this analysis
Bank appears to be in a lower time frame triangle suggesting the probability of a potential breakout.
Off late has been an underperformer compared to other large private banks in the recent run in the banking sector.
Extreme narrow range 1480-1540, broader range 1350-1775
Good opportunity to buy the dip and / or the breakout for probable decent upside in the medium to long term.
Nifty Mid Cap Index Hello and welcome to this analysis
The index has always performed in line with the Nifty except in the brief period of 2018-2020 when it underperformed.
Currently attempting to break above the rising trendline formed in the Monthly time frame with crucial support near 42000 and next resistance near 45000
Check out the outlook of the Nifty Small Cap Index from the link below
Happy Investing
NIFTY SMALL CAP 100 Hello & welcome to this analysis on the index
The index has had a dream run since April of this year.
What lies ahead? Does it continue its outperformance or does it lose its shine and starts seeing profit booking?
Currently at a resistance in higher time frame with support quite far. The Dec quarterly candle and the Jan monthly candle will give clarity for what is to come.
One should avoid fresh aggression at current levels in it and set trail stop loss triggers based on risk appetite at this juncture.
Happy Investing
EURO PANEL PRODUCTS LTDHello and welcome to this analysis
Stock has seen a very strong upmove after a 15 months triangle consolidation.
Next resistance at 250-300 with support coming in at 170-135
Got listed in Dec 2021 so needs some more data in the weekly and monthly time frame for a more clearer perspective.
Happy Investing
IRCTCWelcome to this analysis
Stock had a dream listing and a very strong 2 years bull trend. Post that it saw a sharp retracement.
Now, it appears to once again attempting another rally after making a double bottom in the weekly time frame.
Range for short term 725-690 for medium term 900-650
Happy Investing
