Apex Frozen is just Rs. 13/- away from its important resistance i.e., Rs. 290/-. Once it is crossed, it going to give a sharp rise upto T1 340-350/-, T2 390-400/- with SL 230/-. Some of the major positives/ negatives from Fundamentally stand points are :
1. OM are getting better like pre-covid levels;
2. Sales are improving;
3. Borrowings are almost doubled in...
This is my short term position in NATIONALUM
Why I took the position?
The fundaments of this company are strong due to that it has moved nicely in few months. When I took the trade it was consolidating and forming Descending Triangle Chart Pattern. I was pretty confirm that after consolidation and breakout this can give a pretty solid up move.
When did I...
► HTF is again is crucial demand zone. DTF has a "Bullish Doji" candle, which infers "Positive" bias" but, we may see loss of momentum hence, sellers/buyers will fight it out.
► Pivot analysis infers Trading Range DAY bias.
► Support levels 15793/15735
► Resistance levels 15895/15850
► We are in sellers zone, expect it to be closely fought area. Unless,...
As per technical analysis , 234 was a breakout and it was covering perfect trendling to give a expected breakout. you can use the fibonacci retracement for this type of chart to get the levels. Breakout also have some resistance in above level which can also be trace from fibonacci. Fibonacci is math term which is a series of number created by doing same action...
Nifty50 Daily chart shows if it breaks 14950 there's a chance to test once again S1 which is between approximately 14750-14600.
Once again ViX will go up as usual Primal Support will work as a magnet. So the rest of the things stay s same as per my previous analysis.
Note: Once nifty breaks the top-flat channel upwards VIX will automatically come down which...
the stock looks interesting at current levels !1 need to watch daily and holds support at 880-885 levels ..but in short term look bearish ...if i need to say abt long term ..will like to buy only on my personal levels ...!!!!!
First Long Above 4020 & Later Sell if faces resistance in 4250-4350 Zone.
A bearish crab "can" get completed in the zone 4250-4350. I never use incomplete harmonic pattern to predict as we never this will become true or fail but yes if at all it becomes true & moving above 4020 -If Hero Moto Corp Travels to 4250-4350 - One should be careful as we have reducing...
We all know history repeats but look the box repeats.
If Nifty Index pushes upside as expected to 9880-9920 Zone then likely SBIN also could push to the resistance zone of 285-287 Once it starts moving above 279. Later, if you see, it is getting resistance between 285-287 then look to sell for targets 275 -270 with recent high as stops which will be formed in...
Wish You All, A Happy Independence 2017.
There is limited Butterfly stock for Bharti Airtel which will end by this weekend. Sales can start thick and fast above 412 which is "Polarity reversal level".
It gets activated or triggered going above 412- the key level. Once activated your stops should be below 406.
Target - 416 - 420- 425
Stop Loss -Below 406
Risky Traders can sell in 9810-9825 with stops above 9836 - Safe Traders Sell below 9790-9793 zone
Any move below 9790-9793 which was one of the desired zone for long trades for the day is important zone - If Nifty starts falling below that zone - we will look for short term melt down till 9765 - 9735 target levels which will...
Scrip can take reversal and aim towards 52-week highs if bullish momentum continues as happened in the past post company posting good quarterly results however, subject to Nifty not showing major corrections