Ichimokuscholar
Life Insurance Corporation of IndiaHello & welcome to this analysis
Stock has been very turbulant since its listing.
Initially a sharp disappointment for IPO investors and then a super duper rally from lows giving investors a 100% return.
However in the last few weeks its gone into a sideways zone.
Resistance at 1000-1050 with support at 850-800
Good stock to accumulate if 800 holds for decent upside
SBI CARDSHello & welcome to this analysis
Stock has been a major underperformer continuously making lower high and lower low.
In the immediate short term it needs to start sustaining above 720 to witness short covering and then above 750 it could witness institutional buying.
Failure to hold 690 on daily an 680 on weekly basis could lead to further weakness.
All the best with your investing and trading
UNION BANK OF INDIAHello & welcome to this analysis
Bank stock currently consolidating near a support in short term appears wobbly.
Below 125 it could slip down to 110-90 where it could once again see smart money buying it.
Resistance for now between 145-155, only above that in my opinion it would see any upside momentum
Overall medium to long term outlook appears very bullish, dips would be an opportunity to add.
Happy Investing
TARSONS PRODUCTSHello & welcome to this analysis
A small cap stock recently listed in November 2021 has been on a downhill after making a double top in weekly time frame continuously making lower highs & lower lows.
As of now earliest sign of reversal is above 450-475 while any decline till 360-370 could find it at the support of a Bullish Harmonic ABCD pattern.
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
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
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
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
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
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