RAJESHEXPO | Settled and recovering from strong support CMP : 478 SL : 400 Target : 830 1:6+ risk reward setup
Russia-Ukraine has created panic around world markets and almost all global indexes are seeing big fall in numbers. Nifty which was already bearish turned received heavy selling today as well and have breached an important support line of 16400. However there is one more ascending trend line support available at around 16000 level which has worked in past when...
As we can see infra sector gave heavy support bounce back on 0.38 fib level.. might see a up movement again especially cement sector
This stock is under valued right now SHORT TERM TRADE one can enter now or wait for right entry , 1day candle closing basis above 475 stop loss will be 440. TARGET 1 :- 540 TARGET 2 :- 635 TARGET 3 :- 810
This time I have made some trend lines over it's movement and it's looking to breakout the channel in which it went down.
Sgx nifty can be at good support level on RSI and can bounce till 14800-14900 in 1-2 day.. keep on watch
It is on a verge to a rally unless 219 breaks on the below. First target is 330 and then 490 Divd yield is 3.72% Promoter holding 53.5% Debt/ equity - 0.91 Pledged percentage - 0% It is a good fundamental pick with comparitively cheap price compared to peers. Technically it is showing a rebound from its lows. Due to increasing demand of economy recovery there...
Please read each point carefully: 1. Nifty 50 tested 14650 levels around 7 times 2. I am expecting bullishness above 14700 (It must sustain above 14700 for at least 10 minutes). Just look at 16th April candle, it didn't even sustained for 5 minutes. 3. I am expecting "huge bullishness" above 14760 (Because, it break the previous lower highs and recent highs) 4....
GRAPHITE | Looks good for doubling - 133% CMP : 476 (Dip till 420) SL : 380 Target : 1065 Almost 1:10 risk reward setup. Can put 5-6% of the capital and sit tight without disturbing the trade. May take few months to perform
NIFTY | Recovered 50% from the Wednesday fall. Lets try to catch up a 70 points. CMP : 12970 SL : 12930 Target : 13070 Fib is just used to track the recovery percentile. 1:2+ risk reward setup
With the strong recovery of the pharma sector, Glenmark is at the pre-virus levels and has been attempting to breakout of the range. The sector has been in consolidation for several days and it may attempt a breakout to slightly higher levels. The pharma sector may not face sell offs in the midst of the pandemic, in my opinion.
Could DJIA breakout of its short term narrow range and have significant upside, or face another sell off?
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NIFTY will slowely recover from big fall, the strong support is at 11830. I marked the level of nifty expected to reach at marked date during Aug 2019. At this momment, the strong support are at 11830 and also at 11780. If any fall below 11780, then this analysis is void. Incase if nifty breakout 11780 level then it result in Big fall thenafter. I did multi time...