As we see LTI is taking support from the 200ema and its majore support area. we can go long by keeping stoploss below 200ema.
For nifty 50, 16197 is being long time Trend level support.. this is good chance to enter some where near 16200 to capture rally from here.. at the same time, if it breach this support, we can expect the fall up to 13050 level..
You could long nifty above the falling trendline shown on the chart , with stoploss at the previous support around 16800. Strong support of RSI around 30 level.
Here are some evergreen stocks which are 25% yearly compounder for last 10yrs with strong fundamentals and available near strong support zone . -: NSE:PIDILITIND - available @2370 and strong support around 2250-2300 . -: NSE:BERGEPAINT - available @685 and strong support around 650-680 less than 30 rupees risk. -: NSE:MINDTREE - available @3785 and...
AVWAP always acts as a support and resistance. HDFC Bank is still strong till it is trading above its nearest AVWAP. If broken we can see selling till 1250 which is next AVWAP support. 1450-1550 is accumulation zone for the stock. Can Accumulate with Long Term View
RSI Divergence along with price near 200 Daily EMA Support. This makes the fundamentally strong Pidilite Industries good buy for reversal.
Banknifty could take support around 37350-37450 and RSI is showing upward trend with MACD crossover. Long banknifty near 37400-37500.
HDFC is taking support at shown area with higher volumes. We can go long if it creates a higher low (HL) above the support area.
As per the 2 Hour Chart of CUB, we have witnessed a Formation of a “Bullish Harami” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 130.65, 132.05, and 135. Whereas, on the other hand, on the...
Like a lot of stocks in this correction and volatility, Power Grid has broken its long term support line. It is a SHORT/SELL. A Lower Top formation would give a clear sign of how long this correction can be. If however, the chart bounces back above its channel in the next 2-4 trading sessions, there might be some respite.
Expanding triangle correction after x wave , expected target in between 34000-35000 and in this price rang there is support zone also
Vardhman Textiles is taking support on its previous upper band, which shows strength in the falling market. VTL is ready for new highs.
A strong breakout candidate copper set for resuming the uptrend after a thorough consolidation
Buy: Taking support on previous resistance and forming large bullish candle +points -- Support on trend line Support on 50 MA bounce back from previous resistance Time to achieve the target is 1 to 3 month Note: Green line is target Red Line is support area
Nifty is taking support at 17300, it could soon see levels of 17375&17390. long nifty near 17280-17300
Nifty is trying to take support near 17300, so we would initiate a a long call around this levels for target of 17425. Long nifty near 17280-17300.
Astral has come back to its long term support and should rebound from here. Like a lot of stocks, I feel the bottom has been made here as well. One can accumulate it at the current levels of Rs.1940 for long term investing.
Nifty could take support here and show some intraday bounce towards 16990. Long nifty near 16925.