Lupin LTD Lupin has a potential to break above 1700 and can show strength above that. Lupin has a potential to go up to1820 to 1849. Keep Stoploss at about near or below 1613
Date : 13-May-2024 Rating : Buy - Positional Trade LTP : Rs. 597.30 Targets: (1) Rs. 640 --> (2) Rs. 680 --> (3) Rs. 724 SL : Rs. 545 on daily close basis Technical View: • NSE:ICICIPRULI is in its primary uptrend and is currently going through it's secondary uptrend. • After re-testing the current secondary uptrend line on 29-Apr-2024, It has again...
Nifty Auto retesting the breakout on Daily TF. Taking support from the levels. Stocks like Hero Motorcorp, Tata Motors, etc. are in good uptrend. Although, Tata Motors fell 8% today because of Q4 results it posted on Friday. But still the other stocks gave good recovery from lower levels in the index along with the broader market index. If it stays positive and...
Nifty PVT Banks have turned here too. Market has to have financials support if it has to move up. Similarly, if it has to move down, it should have support from the major banks of the indices, as they have huge weightage in both Nifty and Banknifty. This index has also taken support here at trendline same as market indices. We can see a pullback now up to 24093...
Analysis: Bombay Burmah Trading Corporation Ltd. has a market capitalization of 10,840 crore, with a current market price of 1553.70. Its 52-week high/low is 1839.95/918, offering a dividend yield of 0.08. The stock has a beta of 1.33. In the 15-minute timeframe, the stock is observed to be moving in a rounding pattern and is attempting to surpass its...
BankNifty Analysis - Stance Neutral ➡️ Just when we thought the 47465 was getting broken for good, we got a pullback. We fell 527pts ~ 1.11% by 10.39 and then the pull back was a whopping 858pts ~ 1.83%. The final close was almost the midpoint of 48115 and 47465 which prompted me to change the stance to neutral for tomorrow. The bulk of the heavy lifting came from...
IEX shows fresh buying at level 134 or 135 Stock have strong resistance between 130 to 120 MACD show selling momentum RSI also weak So wait for entry.
Please consult your financial advisor before investing All research for educational purposes only. Stock is ready to cross past barriers with good volumes
Nifty FMCG broke out of falling wedge pattern on 25th April 2024. Its consistently positive since then, it made highs of 56100-200 levels post the breakout. Its trading near its support levels now, can see continued upmove uptill recent level of 56200 and then 57500+ are the ultimate targets it can show as the stocks show positive momentum in the index like HUL,...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: "On the 63mts TF, the bearishness continues. The next target of 21913 is still in our watchlist and if we fall below that - the real action begins." The day took me by surprise, not with the inline opening and a 248pts ~ 1.12% downward fall, but the reversal of 310pts ~ 1.42%. The downside was in the cards,...
Nifty also took support from its major support level, i.e. 21800 today. This can act as a good support again too as it completed double bottom on daily charts. Volumes are also good enough so go long with today's low as stop-loss. Fresh shorts will only add up if we break 21780-800 levels with good bearish volumes. It rejected the lower end of the long term...
Bigger the base, Bigger the target. H&S negated. Disclosure: Invested. Position increased
Hello Everyone. The market was in a bearish and bullish mode today. Today range was almost 300 points so we can see same kind of moves tomorrow or sideways as we got good move today. My targets are based of today's closing. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before...
As we can see BANKNIFTY exactly reversed from our given trendline as analysed in our previous post. We also saw multiple signs of rejection from the trendline and we did see a great 500++ point recovery from there. Now based on the candle formation , we can expect BANKNIFTY to rally more of 1000-2000 points in coming trading sessions so till results are declared...
NSE:NIFTY Highest Call writing of 55.44 Lakh at 22500 Strike followed by 42.06 Lakh at 22300 Strike and 34.31 Lakh at 22200 strike. Maximum Put writing of 46.65 Lakh at 22000 Strike followed by 23.52 Lakh at 21900 strike and 23.08 Lakh at 21800 Strike. Index closed near 22055 level. Index has strong support near 21975 - 21925 level and if this support is...
NSE:BANKNIFTY Highest Call writing of 33.89 Lakh at 48000 strike followed by 23.54LLakh at 49000 strike and 20.67 Lakh at 48500 strike. Highest Put writing of 18.87 Lakh at 47500 strike followed by 13.26 Lakh at 46500 strike and 14.73 Lakh at 47000 strike. Index closed near 47420 level. Index may reach near 46980 level if 47250 support level broken. If 46980...
NSE:CNXFINANCE Maximum Call writing near CMP is at 21500 strike with 14.62 Lakh followed by 12.22 Lakh Call at 21600 Strike and 10.92 Lakh at 21400 strike. Maximum Put writing is at 22.53 Lakh at 20500 strike followed by 9.09 Lakh Put writing at 20600 strike and 8.11 Lakh at 20700 strike. Index closed near 21095 level. Index has support near 20975 level and if...
📊 DETAILS Sector: Electric Equipment Mkt Cap: 104,267 cr ABB India Limited is an integrated power equipment manufacturer supplying the complete range of engineering, products, solutions and services in areas of Automation and Power technology. TTM PE : 86.26 (Average PE) Sector PE : 81.39 Beta : 0.81 📚 INSIGHTS MC Insights PRO Stock with...