BajajAuto Buy above 3650BajajAuto has given breakout of trendline on Daily Time frame. It has also consolidated for almost 1 month in rectangular box, breakout of price above this box will five target of 3695 and if closes above 3710 then we can see next target of 3750. Please note this is just my view, I am not SEBI registered advisor, please consult your financial advisor before taking trade.
Intradaytrade
GATI - DAY CHART - 07.01.2023 - BAHAVAN CAPITALGATI as per Day Chart Analysis Stock
ABOVE 165 TARGET 168
Three consecutive days market fall due to increased selling pressure by FII Net selling 2902.46 Cr and DII Net Buying at 1083.17 Cr.
Monday Nifty may take a support at 17771 and Bank Nifty may take a support at 41677 then form a bullish or an inside bar candle.
So next week onwards market may move upwards due to quartely results announcement of various companies like TCS, HCL, WIPRO, INFOSYS etc...
Happy Weekend...
MEDICO REMEDIES - DAY CHART - 07.01.2023 - BAHAVAN CAPITALMEDICO REMEDIES as per Day Chart Analysis Stock
ABOVE 340 TARGET 345
Three consecutive days market fall due to increased selling pressure by FII Net selling 2902.46 Cr and DII Net Buying at 1083.17 Cr.
Monday Nifty may take a support at 17771 and Bank Nifty may take a support at 41677 then form a bullish or an inside bar candle.
So next week onwards market may move upwards due to quartely results announcement of various companies like TCS, HCL, WIPRO, INFOSYS etc...
Happy Weekend...
ULTRACAB (INDIA) - DAY CHART - 07.01.2023 - BAHAVAN CAPITALULTRACAB (INDIA) as per Day Chart Analysis Stock
ABOVE 30 TARGET 32
Three consecutive days market fall due to increased selling pressure by FII Net selling 2902.46 Cr and DII Net Buying at 1083.17 Cr.
Monday Nifty may take a support at 17771 and Bank Nifty may take a support at 41677 then form a bullish or an inside bar candle.
So next week onwards market may move upwards due to quartely results announcement of various companies like TCS, HCL, WIPRO, INFOSYS etc...
Happy Weekend...
BharatForge Short Sell Bharat Forge Is good to sell below 858 , enter only when 15 min candle closes below 858. Reason for trade, have taken support multiple times near 858 level if breakdown happens can give good points also daily chart is looking bearish. Safe traders enter below 854 only. Target 1 = 845, Target 2 = 837. Pls note I am not SEBI certified financial advisor. This is just my view pls take advice from experienced and certified financial advisor before taking trade.
POWER FINANCE CORPORATION - DAY CHART - 05.01.2023POWER FINANCE CORPORATION as per Day Chart Analysis Stock
ABOVE 158 TARGET 162.
Today being an weekly expiry day, there had considerable sell off from FII by 1449.45 Cr and surprisingly DII was also a net seller by 194.09 Cr.
Nifty 50 has a good support at 17835 / 17771
Bank Nifty has a good support at 41951.
So lets see whether these support levels helps the nifty and bank nifty to bounce back.
Normally Friday is often considered to be a profit booking day and considering two days of sell off. There might be a brief consolidation at these support levels by tomorrow.
So lets see how this week ends... Happy Profitable Trading to all...
KARNATAKA BANK - DAY CHART - 28.12.2022 - BAHAVAN CAPITALKARNATAKA BANK as per Day Chart Analysis
ABOVE 152 TARGET 155
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
MUKAND - DAY CHART - 28.12.2022 - BAHAVAN CAPITALMUKAND as per Day Chart Analysis
ABOVE 136 TARGET 139
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
NATIONAL FERTILIZER - DAY CHART - 28.12.2022 - BAHAVAN CAPITALNATIONAL FERTILIZER as per Day Chart Analysis
ABOVE 80 TARGET 82
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
RCF - DAY CHART - 28.12.2022 - BAHAVAN CAPITALRASHTRIYA CHEMICALS & FERTILIZERS as per Day Chart Analysis
ABOVE 137 TARGET 140
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
M pattern formation in finnifty .as we can see the chart of fin nifty show m pattern formation in 5min time frame and box pattern which is more stronger so if fin nifty break box upside we can take a trade for busying and another aspect is that if fin nifty break-down the box pattern and also activate M pattern then we can trade selling side which is more satisfy trade as cpmpare to buying because as we can see the market over all trend is down in short term. NSE:CNXFINANCE