NSE:BEL Observations: 1) On 1 day time frame, it has been trading inside parallel channel and immediate support trendline is middle line of the parallel channel. Breakout of upper trendline of parallel channel will give good up move. Please refer below chart : 1day Time Frame. 2) On 1 day time frame, if we apply the FIB levels then we can see that the...
NSE:IGL Observations: 1) On 1 day time frame, we can see that now it is at very critical level range. It is make it or break it, now. If it took support then we can see good reversal for uptrend. But if it fails then the down move continue. Please refer below chart : 1 day Time Frame. 2) On 1 hour time frame, we can see hidden bullish divergence as...
NSE:BHEL Observations: 1) On weekly time frame, we can see that it took support from 21 MA and maintained to close above critical level of 65. Please refer below chart : Weekly Time Frame. 2) On 1 day time frame, we can see that it took support from 10DMA and maintained to close above critical level of 65. Please refer below chart : 1day Time Frame. ...
NSE:BEL Observations: 1) On 1 day time frame, it is just at very critical support level 200. If it gets support from here then it has chance of reversal to go up again. But since last 2 days it has been taking resistance from 21DMA. Which is a sign of downtrend. So we can say, it is between support and resistance. Brekout on either side will give good move...
NSE:NTPC Observations: 1) On 1 day time frame,today it took support near from 10DMA and closed at 141.10. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that now it is trading in falling channel pattern. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date...
NSE:AUBANK Observations: 1) On 1 day time frame, we can see that it took support from 50DMA and closed above it. 50DMA is placed at 1211.53 level. Critical resistance level is at 1250 level and critical support level is at 1200 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 11-10-2021:...
Tata consumer is best for swing at CMP can give good profit with in few weeks
NSE:BAJFINANCE Observations: 1) On 30 min time frame, we can see that it will form head and shoulder pattern. And breakdown of neckline will give good selling opportunity. Please refer below chart : 30min time frame. ------------------------------------- Trade Setup for Date 27-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let...
NSE:PETRONET Observations: 1) On Daily Time frame, Finally it has broken and closed above 200 DMA. 200DMA is placed at 236.74 level. Only negative thing is that volume of today was less than yesterday as well as just below averange of 21 days. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date...
NSE:PVR Trade Setup for Date 27-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...
NSE:BERGEPAINT Observations: 1) On Daily Time frame, it has been taking suspport from 100DMA and broke 50DMA with good bullish candle and good volume on 24-09-2021. Major resistance is at 840 level. If it holds to stay above it then it will be bullish for short-mid term. Please refer below chart : Daily time frame. 2) On 30min time frame, it has...
NSE:ASTRAL Observations: 1) On Weekly time frame, range of 1900 to 1950 is acting as a good support now. Please refer below chart : weekly time frame. ------------------------------------- Trade Setup for Date 27-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2)...
NSE:AARTIIND Trade Setup for Date 27-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
NSE:PETRONET I am posting this on request from one of the follower. Observations: 1) On Daily time frame, we can see that 21DMA has made crossover of 100DMA. As per theory when the small moving average crosses above big moving averange then it will be a sign that a bullish move is going to come. But this doesn't work all the time. This is just a...
NSE:NTPC Observations: 1) On Weekly time frame, It has broken the range of 118-122 in last week and in this week it has maintained to stay above 122 level. Any dip above 118 can be good buying opportunity if one wants to take long position in equity. SL will be 115. Target will be 130-135 for short - mid term. Please refer below chart : Weekly time...
NSE:BHEL Observations: 1) On Daily time frame, It broke 21DMA but still below 50DMA. Breakout on 50DMA will give good upmove. So far 50 DMA is a resistance. 50DMA is placed at 57.61 on daily time frame. Please refer below chart : Daily time frame. 2) On 15min time frame, today it broke the trendline and gave good upmove. Please refer below chart :...
NSE:M_MFIN Observations: 1) On Daily Time Frame: It has broken and taken support from 200DMA. but closed below it's long time critical zone 179-181 level range. It is on verge of another breakout if it successfully stay/trade above 180 to 185 level. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for...
BUY BAJAJFINSV Target 17280 note: intraday only.