Heritage Foods- C&H breakout pending for the targets of 330, 450 and 500. Weekly candle close above 288 is necessary to achieve the above mentioned targets.
We could see a massive profit booking in Nifty yesterday. I was not active for a few days and will also not be very active in options. However, I'll be there in cash markets. Today, we see record volumes with vix almost 14.5, making it perfect for buying and selling. I've marked the levels where I'll go long or short. For now, I'm neutral in the market and have...
Key Levels: Support: 3050 Resistance: 3233 3333 3433 3733 Description: Overall Performance: Sustained growth in Q3 and nine months of 2023 in both top-line and bottom-line. Robust GDP growth in India, particularly in sectors such as steel, cement, and commercial vehicles. Mixed performance in the automotive sector, with passenger vehicles and...
METROPOLIS now 1715 Can see good move once break 1790-1800 can do 2570-3500++ Weekly breakout soon once close above 1790
Key levels: Support:2350 Resistance : 2540 2630 2726 Write Ups: Ready for a reversal move with huge potential
NSE:CNXPSE seems to have completed Wave 3. Shall consolidate in wave 4 correction. PSE stocks are overcrowded bus. Time to offload late passengers.
Maruti Cmp 10380 dated 13-12-2023 1. Hammer Candle @ support 2. Good RRR Buy above 10415 target 10500-10600-10700-10800 SL 10250 It is just a view, please trade at your own risk.
Market break the lower channel and closed below 47750 is show that the market may give some health correction in coming day till 46300 we have some gaps to fill..
As we can see, we did see some sideways to bearish market throughout the day but we can also see a consolidation at higher levels which is showing signs of weakness but on the other hand we can see some strong global cues which could result in strong opening for NIFTY which could lead to potential breakout to the consolidation created by NIFTY which can give...
Potential upside for Bajajfinsv as it gave a weekly breakout.
Voltas taken support at 61.8 % of Fib retracement. This should be good accumulation point and should move further 38.2% and 23.6 % of Fib's Good stock for buying at dip
This morning, my view was bearish to sideways. So, I shorted BNF and sold calls in Sensex options as nifty was much stronger than BNF. The 9:55 candle made me question my view. It dominated the 9:50 candle, which was completely bearish, eating up all my profits and turning red. Today's market is a little bit tricky. Closing below 47665 will be SL. Target is...
IRCTC has given multiple small breakouts recently. Now it is on for a major one! IRCTC made double bottom pattern after a long consolidation of multiple quarters. It has now shown good volumes interest in past a few weeks and is ready to give the breakout from its previous high of 758. Once that is done it will be out of lower highs trends and get into higher...
Breakout for MASFIN in the weekly timeframe. A retest of breakout level is successful.
Pharma sector stocks have given a good bullish momentum in the past few months. If we analyze the pharma sector, we can see a bounce from strong trendline with higher high, higher low formation. Keep pharma stocks like Dr. Reddy, Sun pharma, etc. in your watchlist as we might see ATH levels in this stocks soon!
We have seen an amazing bull run in JSWSteel during the metal sector rally of 2020-21. Since then, stock has been consolidating with 770-780 acting as a strong supply zone for the stock. However, the stock has recently taken support from a 3 year old trendline and currently standing at the same supply zone. If the stock manages to sustain above 780-800 for a...
NSE:ALEMBICLTD Weekly Analysis for long period Trendline Breakout and sustained above strong support with LH LH structure Buy Above 77 only of it sustained and give clear breakout with SL of 65 Strong Support as it was strong resistance since the beginning of its launch (1999). T1 85 T2 98 T3 115
NSE:LUPIN Weekly Analysis for Long duration Trendline Breakout Sustained above 680 and become strong support Price action making HL HL structure.