Symbol - HDFCLIFE HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings. HDFC Life is approaching demand zones on charts. 500 - 540 is a major support...
SYMBOL - ASIANPAINT Asian Paints is the largest home decor company in India. The 80+ year old company has major brands like Asian Paints, Berger, Apco etc. under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and...
My view on this script Bullish. Ofter a Trend it's went to a consolidation phase and now ready to Boom💥
Symbol - ASIANPAINT Asian Paints is currently trading at 2822 2780 - 2830 is a good support area for Asian Paints. I'm seeing a trading opportunity on buy side. Buying Asian Paints Futures at CMP 2822 I will be adding more if 2785 comes & hold with SL of 2760 Targets I'm expecting are 2915 - 3015 - 3140 & beyond. Disclaimer - Do not consider this as a...
Symbol - RAMCOCEM Ramco Cements is currently trading at 772 730 - 770 is a good support area for The Ramco Cements. I'm seeing a trading opportunity on buy side. Buying Ramco Cement Futures at CMP 772 I will be adding more if 745 comes & hold with SL of 730 Targets I'm expecting are 812 - 845 - 930 & beyond. Disclaimer - Do not consider this as a...
Symbol - BANKNIFTY BANKNIFTY gave a breakout of ATH & touched 49000 level & then exhibited some profit booking due to global news flow. It is currently trading at 47335 which is a good support area. I think BN will take support at these levels & will show a reversal from here. Hence I am creating long positions in BN futures at CMP 47335. I will add more...
Symbol - INFY INFOSYS is currently trading at 1445. 1450-1400 is a good support area for INFY. I'm seeing a trading opportunity on buy side. Buying INFY Futures at CMP 1445. I will be adding more if 1425 comes & hold with 1395 SL. Targets I'm expecting are 1495 - 1570 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing...
Symbol - WIPRO Wipro Ltd is a global Information technology, consulting and business process services (BPS) company. It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies. Wipro was in consolidation & accumulation phase from July 2022 to December 23. After that it broke out of this consolidation zone...
Symbol - BATAINDIA BATAINDIA is currently trading at 1340 1280 - 1350 is a good support area for BATAINDIA. I'm seeing a trading opportunity on buy side. Buying BATAINDIA Futures at CMP 1340 I will be adding more if 1300 comes & hold with 1280 SL. Targets I'm expecting are 1435 - 1525 & beyond. Disclaimer - Do not consider this as a buy/sell...
Symbol - NIFTY50 CMP - 21980 NIFTY50 witnessing heavy selling and now slipping below 22,000 round level. Market sentiment is weak but according to my analysis, Nifty is now trading at major support levels. 22000 - 21930 is good support range for Nifty. I believe Nifty will take support from current levels & will show a reversal from here soon. Dow Jones is at...
The script has formed a base of 6 years and has broken out positively. If it can sustain the BO then higher levels are possible. Greenline = Fresh BO entry Redline=StopLoss Blueline=Potential / Possibility Never trade without a Stop Loss --- --- --- Discipline in trading means doing what you should do rather than what you want to do. - Yvan Byeajee
As chart shows a flag pattern has been formed in 30 min time frame and also bank nifty traded tightly today. which conclude that this range can burst out either bullish or bearish. Another thing to notice a bullish wick reversal candle has formed which gives a hint for bullish side strength into bank nifty May be a gap opening for tomorrow also expecting a...
CALCOM VISION chart is forming a VCP structure in Weeekly Timeframe. Going thru the company fundamentals, looks like a turnaround situation. I have initiated my position @158 and set my Stoploss @145. Lets see how this plays out. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial...
10 Years Channel Breakout On Monthly Charts Buy At Cmp 1322 Strict SL - 1077 (Weekly Or Monthly Closing Basis) Target - 2100/2200
Having a bearish view for SGX Nifty. Price broke out of bear flag pattern and retesting the pattern as well as another rising trendline from 7th Oct. This indicates bearish pressure for India markets as of now at least until 16800 to 17000 levels at short term. Just my view, please do your own analysis. Thanks
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times.
After accumulating within a Darvas Box since August 2021 and a further Triangle since October 2021, Hindustan Aeronautics has given a breakout of the Triangle which is also currently being re-tested. HAL is fundamentally a strong play for the long-run. On the technical side, riskier traders may enter on this Triangle re-test at CMP and hold for breakout of the...
Dabur has broken up above the descending parallel channel it has been trapped in since September 2021, while also closing above the SuperGuppy resistance. There is also divergence in the RSI and price line. These are bullish signs. Watch for it to hold 560 levels over the next few sessions and look to purchase above 570 for targets of 585 and 600 in the medium term.