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
Ichimokutheory
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
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.
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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
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
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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
BIOCONHello & welcome to this analysis
Stock is among the rare few which had a lengthy period of correction which broke the Covid lows.
Its trying to reverse as can be seen in lower time frame but higher time frame still lacks confirmation and is suggesting volatility.
I have explained the levels on both sides which would give a clearer direction of trend.
Hope this helps
Happy Investing
HDFC BANK LTDHello & welcome to this analysis
India's largest bank has had a dream for around 24 years. This video is an analysis of it post the merger of HDFC LTD with it.
Short term resistance is between 1660-1700 above that 1755 and then medium to long term at 2000-2100-2500. Short term support is between 1620-1600 below that 1550 and then medium to long term at 1400.
It remains in an uptrend overall but with immediate short term resistance.
Happy Investing
SANGHVI MOVERSHello and welcome to this analysis
Sanghvi Movers has head a tremendous run from 2020 lows with more of a time wise correction than a sideways price correction in 2022.
Currently the stock is at the Ichimoku Price Theory target. Stock has tremendous potential for further upside in the medium to long term
One can look for further strength above 755 or on an accumulation till 575-550 where it has huge support.
All the best investing
BHARAT ELECTRONICS LTDHello & welcome to this analysis
Stock continues to be in an uptrend in the higher time frame with resistance in the monthly/weekly time frame near 145.
In the lower time frame its forming a wedge like structure with a small triangle. Resistance at 128.50 support at 124.
The stock has been a rank outperformer and any dips to monthly / weekly support zones would be an opportunity to buy, as well as investors could continue to do SIP in it from a long term perspective.
Happy Investing