Automobile industries are cyclic industries. Last 3yrs they where in down trend. The tide will turn in coming years. M&M is one good company that invests a lot on R&D
AAPL - Monthly Chart Chart formed resistance at Sept 2018. It provided breakout during Oct 2019. It created a high during Jan 2020 and came back to the resistance zone during March 2020. Price action behind Apple - It broke the resistance and retested the zone. Also formed a green candle for better confirmation. It retests the moving average too. Resistance...
Buying range - 58-62 SL - 53 T - 75
This stock will benefit on start of Electric Vehicle. SL - 40 Targets - Yellow Lines
SBI has fallen more than 50% three times in the last 10 years. In order to find a rationale to invest, we have analyzed SBI in different time frames. KEY OBSERVATIONS- 1. Demand Zone - A demand Zone is an area where buyers dominate over sellers, there is massive buying pressure in this zone. SBI is currently in demand zone which is around 160 to 150 levels. This...
The charts shows sign of positivity. the technical indicators are also bullish for the stock. short term pull back may occur. Suggesting to Buy with confirmation above 133INR
Hi traders, In morning one of my followers who is long in axis bank and new trader , asked about my view. That time i replied on basis of bnf chart rather than axis bank. So I was worried for his capital ,therefore , spend hrs to analyze this chat for you and all who are trading long or going to invest in this bank. Please see carefully. 1....
Hi Investors, I have seen in my career, many people interested in bottom fishing but unable to do so. Either end with deep losses or Stuck in that scrip. In fact everybody wants to buy low and sell high. But do not know what price structure is saying , without knowledge gets stuck in stock. Many SEBI registered panelist on air says it is impossible to find...
NSE:APLLTD Alembic recently posted great Q4 results and the stock has been trading in a fixed zone since a lot of years. The stock however closed above the box for the first time and if anyone follows the Darvas Box strategy, it gives us a good signal to go long as the volume has also inm=creased considerably. I won't be getting into the fundamentals,if anyone...
Kinnari + Elliott's wave theory 5 + 3 = Waves The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wav e. Elliott’s cycle of the 5th Wave is under-construction . 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel. -> Bottom Out: You have figured out that Wave 4 would...
I have been following LT and consider it as a stock of higher returns in future. currently the stock can be found in cheaper price. A rookie in analysis and trying to achieve mastery. all supporters with feedback are welcomed! Thank you. Stay safe and go long
Don't be a fool by accumulating NSE:RELIANCE at these levels because of the results, jio, blah blah....... Remember the level 655, it would come down there some day. Accumulate then only...... Currently, just trade, don't invest.
JBCHEPHARMA is looking very strong for the long mid-long turm investment.
till prices touch the black trend line a profit opportunity is seen! WILL APPRECIATE ANY SUGGESTION. Rookie with analysis thank you
L&T Those who are looking for investment ideas with a medium to long term perspective can look at L&T for targets of 1040 - 1120 levels. Levels are mentioned in the chart. Alternatively for a short term trading idea one may also consider the following strategy for L&T Consider selling L&T 30 April 2020 Put Option Lot size :375 Strike Price: 740 Sell...
March Monthly candle will decide Nifty's Future. Personally I feel coronovirus panic is short lived and market will soon be bullish. Many theories suggest that this was a planned chaos created by Chinese govt to surpass Western Economy. Once they achieve their goal things will be back to normal. Although in worst case, Nifty will find support around 2008...