Praj industries is at ATH breakingout with huge volume trading above 20ema ST target can be 470+ do proper study before trading
Asian Paints - After 3 Black crows candle stick pattern, recovery in the stock has been tepid so far - The tepid recovery is also due to rise in crude oil prices during the same time. - Given the setup, one may consider to sell Asian Paints 3500 Call Option around 50 (October series) Keep a close watch if Asian Paints closes above 21 day EMA ( currently...
IDFC First Bank - The stock has recently saw a rally from 28 odd levels to 53 levels in 3-4 months - thereafter the stock has seen distribution at 50 odd levels - now the stock has seen a correction of approximately 13% from the top If some one has a long term perspective, one may consider buying the stock in parts 50 day EMA is around 45 200 day EMA is...
Tata Steel - stock is trading below 200 day EMA - trading near 20 day EMA -gap resistance at 109-114 Given the set up one may consider to sell 27 Oct 2022 expiry 120 Call option currently around 2.3 Profit potential 9-10%. Be cautious if Tata Steel goes above 110. Exit if closing is above 114 in Spot. Take care and safe trading...!!! Disclaimer - The...
Bharti Airtel retracement done after breakout from 760 new target can be 880 from ST to MT sl should be in ur mind is 730-725 5G bringing good time for stock study the stock before investing
Poonawala long (03 Oct) RSI- 58 Buy at CMP- 315 SL- 301 Target- 335, 344 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Banknifty on the weekly time frame has closed just below the 38.2% fibonnaci level and has formed a dragon fly doji after testing its 20 ema on weekly time frame. The market, on the daily time frame, has formed a bullish engulfing candle and almost engulfed 2 previous candle on whole. Though the market is trading between both the emas, and global cues are...
Nifty in the weekly time frame has given a dragon fly doji candle. The market has closed just near the 20 ema and the market can retest before falling further. On the daily time frame analysis, the market has given a nice moment in the last trading session and engulfed almost 4 daily candle and closing just near week's open. Market has tested its 200 ema and...
Mana token that is built on Ethereum coin is a currency of Decentraland. It gained a reputation last year after the launch of the metaverse to the public domain and gave a nice return of about 600-700% in just few months. Though, after the initial hype the token lost its gains and travelled back to its inital price. The token started trading below its weekly 20...
Bitcoin on the weekly time frame has given a bearish moving averages cross over and has been consolidating in the previous weeks range. The market is consolidating in a Box pattern. The market are in a bearish trend as Dow has broken its 29000 level after taking resistance from its weekly 20 ema and closed below its 200 ema. Global markets are negative and the...
Indusind Bank is breaking 20ema looking bullish for ST target 1270 SL should be 1140 nifty bank fundamental is improving do ur proper research
Banknifty on the daily time frame has given a red candle and almost closed around the previous day low. BN is around its week 20 ema. The market may take a support from its level. After the initial gap up the market fell to the previous day close and consolidated in the second half of the trading session. On the 15 minute time frame, the market is unable...
Nifty has given another negative candle and couldn't hold on to 17000 level. After the initial gap up the market remained negative and closed almost flat. On the hourly time frame, the market took Resisitance from its 20 ema. The market for 2 days had remained in the same range and in the coming week market can give some retracement before continuing the...
Banknifty remained weak as compare to Nifty and closed 250 points lower. The market gave a nice down side movement after touching the round number of 39000. On the 15 minute chart analysis, the market tried to sustain above the 20 ema levels but couldn't hold the levels and took resistance from the same. The markets are heading for a monthly expiry and a...
Nifty as predicted has consolidated whole day and closed almost flat. The markets are holding the level of 17000. Though, on the intraday basis the market broke the level but regained it quickly. Nifty has given a fake out below the 17000 levels. On 15 minute time frame, market took resistance from its 20 ema and closed just below the level. Support :-...
Hindalco candle has managed to close below the channel breakout line and hence we can see the further downside. The price target for the same will be distance between 2 channels with keeping stop loss of the previous candle high. Moving averages showing downside crossover. * It is my analysis and not a recommendation to buy or sell.
Nifty Bank broken 20ema good support at 38000 for tomarrow resistance at 39400 do research before trading
The stock has given a nice break down of the Head and shoulder pattern. The markets are in the negative and the stock has given 40% (approx) returns in 30-35 days time. Stock has broken the neck line of the of the pattern and closed below it. The stock has closed below its 50% Fibonnaci levels. Wait for the stock to retest the price level of the neck line and...