NIFTYNIFTY
Daily chart analysis
Nifty breaking down the rangebound movement on daily time frame
Overall nifty is being in downtrend on daily charts
May some ups and down in Nifty next week as budget may affect the volatility
This chart is only for educational purpose. Please do contact your financial advisor before taking any trades
Rectangle
Clean Science Cmp 1524 dated 18-11-2022 BOTTOM CATCHClean Science Cmp 1524 dated 18-11-2022
BOTTOM CATCH Trading & Investment
1. Reversal from near the Support Line
2. 25 % correction done from recent high, price
reversal sign.
3. Volume Rise
4. RSI BO & GOOD RRR
Buy @ CMP for target 1560-1625-1695-1740-1790 SL 1475
Fundamental Points :
1. Debt Free Company.
2. Promoters, FII's & DII's altogether has 77.50 %
holdings. (Strong Hands).
3.Company has a good return on equity (ROE) track
record: 3 Years ROE 40.4%
4.Company has delivered good profit growth of
37.3% CAGR over last 5 years
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
BDL Cmp 839 dated 12-9-2022 READY FOR UPSIDEBDL Cmp 839 dated 12-9-2022
1. Rectangle Consolidation BO @ 855.
2. Price Rise with Volume rise.
3. RSI reversal & on urge of Triangle BO.
Buy @ CMP for a tgt of 855-870-900-920 SL 800
Disclaimer :
I am not a Sebi registered Analyst so please do
your own Analysis before taking any action.
The above view is shared just for educational
purpose. By no means shall be responsible for
any losses amounting out of it incase if any
trades on it.
It is just a view, pls trade at your own risk.
GHCL Cmp 689 dated 13-9-2022 BOOM ABOVE 700GHCL Cmp 689 dated 13-9-2022
1. Rectangle Consolidation BO @ 700
2. Price Rise Volume Rise
3. Four Tops made
Buy only above 700 for a target 780-850 SL 630
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.