LUPIN Creating DOUBLE BOTTOM PatternLupin taking support at trendline in daily time frame near 913 now it has created double bottom pattern in daily and 15M time frame.
if it has broke the consolidation zone from 945 and trying for a retest. if the retest will pass with huge volume then we can see upside rally till 1000 or 1085 from CMP.
you can go long for a swing trade if good directional volume breakout is seen.
Technical
ITC near Breakout 15M ITC is creating a Symmetrical triangle. it is also at very crucial level ie. 237 which wal acting as a resistance earlier but now acting as support for it.
200 days EMA is also near about 235. if ITC will break this pattern with high volume profile either side we can take position
you can go long above 240 and for short enter below 235 increased volume profile is must.
PEL - Portfolio counterKeep adding these kind of stocks in portfolio they will always makes you feel better with Time.
Add here too for tgt of 3000
HIND PETRO Inverted head and shoulders pattern ON 1D CHARTHINDUSTAN PETROLEUM making an Inverted head and shoulders pattern ON 1D chart. It has crossed the resistance of 280 which acted as barrier for it since last 3 months. Now it is looking for a bull run if sustain above 280. take entry above on successful retest of its breakout as drawn in the chart. stoploss will be below last swing ie 263-260 and target will be 310 -320 and above.
NEWGEN STOCK ANALYSIS
1. Today we'll discuss another company which is NEWGEN SOFTWARE
2. Today Date is 08-09-2021.
3. Currently stock is trading at 595.45 which is shown in candle chart.
4. There is short term target which is 595.45 to 656 which is shown in image above, which is approximately 10% gain. Stock is trading in range.
5. How much time it takes to reach target, according to my analysis, it takes maximum 2-3 month or maybe very soon.
6. NEWGEN SOFTWARE NSE Code is NEWGEN
7. Balance sheet of company is in profit
8. Company has reduced their debt.
9. Company now almost debt free.
IMPORTANT RULES
10. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading.
11. We never sell stock in loss.
12. We are investing in equity share.
13. Patience is the key in equity, sometime great company went down that is the opportunity to buy these companies because we know they will come back very quickly.
14. From my experience screener.in is best website for reading company financial data/balance sheet and for technical chart in.tradingview.com is best website.
15. My experience/learning is saying that if we have proper plan in share market we can easily earn money in equity.
16. Don't forget to bookmark this blog page. Because a lot of stock analysis are coming here with genuine guidance.
HDFC SELL IN PRZ. HDFC SELL PRZ........SCRIPT IN PRZHDFC is in PRZ as per the harmonic pattern that is Bearish Bat
HDFC SELL PRZ 2793-2835........script is in PRZ
Stoploss 2926.15
Target 2661.
please follow strict stop loss and target. Batis usuallyvery correct but risky also as stoploss comes little bit far from PRZ. NSE:HDFC .thanks for the support. any querry, please comment.
Nifty Level For Tomorrow ( Price Action Analysis)If Tomorrow market opens flat and taking support 16588 and form a strong green candle go long for 50 -60 Points OR
If Market opens Gap Up above 16645 and forms strong green candle go long. Or open gap up on 16645 and faces resistance and taking support on today high then go long If Market Open Gap Down then above 16690 and form green candle go long or level breaks go short go short
Nifty Resistance 16650 16700
Nifty Supports 16530 16340
All advice is for educational Purposes






















