KRSNAA DIAGNOSTICS LTD looking bullish agianBottom of krsnaa dig ltd is formed @625 levels so that we can go long now CMP of 670 or later near 625 with SL of 620.
target is given in chart @750
long term view
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Longterm
Will BANKS Blast and OUTPERFORM Nifty in the coming YEARS?The CHART is self explanatory....Bollinger bands gives us an idea of volatility in the coming months and the trendlines as you know gives idea about the resistances for the coming month and years
By looking at the chart RSI of BN is also below 60 in monthly chart and it has followed the trendline so religiously...so it is little tough to break the trendline...But investors will look BN at 30600 levels as a very good monthly support and we should expect a bounce back from those levels...If BN breaks the trendline like NIFTY 50 did in APRIL...it will outperform NIFTY 50 in the coming months and years...
Below is chart of NIFTY 50 which has broken the multi year resistance UNLIKE BN
Now the question arises why have I used LOG chart instead of ARITHMETIC chart in this analysis...The results are different for arithmetic and log chart
The below image will make it clear:
If it's still not clear I have an example for you:
if a stock jumps from 1-2 it is a 100% rally and from 2-3 it is not a 100% rally...but the arithmetic chart shows both are equal...whereas the log chart shows both are different
In a LOG chart the same difference is liked with same percentage while in arithmetic chart it is linked with arithmetic difference of both the numbers
I hope this makes it clear for you...Thus,LOG charts are more accurate in the long run and to analyse a stock or an index in long run (MONTHLY CHART).
If you want me to make such analysis for various other sectors an stocks on a monthly time frame do let me know in the comments...FOLLOW me for more such content ahead...Till then,
HAPPY TRADING :)
IBULHSGFIN ANALYSIS 19/12/21 TARGET 350,500++
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Trade Plan 13 Dec 21 onwards : Kolte PatilLevels as mentioned on the chart with probable Price Action to follow.......
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Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
nifty technical view being neutralAs per above structure there are two things to note
1)Nifty formaing a bearish h&s pattern
2)nifty given a breakdown
NOW positive things to note is:-
1)Nifty already made 8.4 % correction from Life high areas
2)Nifty is in good uptrend thus a correction not more than 15 % visible anyhow in worst case
in normal case we can still see max 2-3 % (ie 400-550 points) ie upto 16500 areas .
3) In worst Case scenario it may see correction of 5-7 % ie making it 15 % from top
will lead to 15800-15850
MOTILAL OSWAL FINANCIAL SERVICES above the RESISTANCE ZONE.In MOTILAL OSWAL FINANCIAL SERVICES (MOTILALOFS) a strong weekly closing above the resistance zone can be seen . after a long consolidation stock has come to point where it can show a good bull run or upside movement. Can be a good positional/short term pick with good risk reward ratio for the given target in chart. Go long with the strict stop-loss of 915 level (only on candle closing below basis). Previously when candle closed above the resistance zone ,showed a quick upside movement of 170 points move. so this time we can expect somewhat same movement. If you are long term holder this can be a good pick for the ultimate target of 1587 level.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF SUPPORT-RESISTANCE OR DEMAND SUPPLY ZONE. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
Breakout @ IDFCBreakout above the Old High, Break out above the trend line.
Volume Supported the Breakout.
Can see Short Term Target between 70 to 75 on charts.
if it created base above 75 then we can see 100 in coming months.
Take a Positional Trade
Welcorp for Swing TradeNSE:WELCORP Swing Trade
Current Price : 144.85
This Script is trying to brake its resistance for more than 6 months
I’m expecting a significant upmove if it brakes the resistance line.
Buy at : 153
Target : 185+
Stoploss : 137
....Grab this oppurtunity...
This is only for education purpose.
Follow for more update.
Amarajabat - Last ten years of AmarajabatThis is a long term Investment Idea using the Buy Only indicator.
Amararaja has given a multifold return over the years. They make batteries - its future seems to be bright!
In Feb '2011
Rs . 1,000 invested in this trade would've
possibly have become 21,459.65
by the end of this trade in about 4.5 yrs
Bank FD would double (with bank rates in 2011)
in 5 to 7 yrs. This is 21x returns in 4.5 yrs.
That is why investing is great way to build wealth!
*no dividends, bonus, etc taken into consideration
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
#Amarajabat #Investments #Dividends #NSE #BSE #LongTerm #GoldenStocks
DM me to let me know if you want me see more investment ideas to be published