AAnandAggarwal

AAnandAggarwal Updated 

#DRREDDY Free fall is being witnessed in this counter so far & has been a dragger like many other pharma counters Historically, it retraces arnd 60-62% frm its highs b4 stabilising 3300-3400 is that range where it cn tk support for fresh upmove if it does not stabilize here around 3650 levels. #nifty50 #investingfacts

AAnandAggarwal

A fresh breakdown on the cards for a minimum 5% downmove.

AAnandAggarwal

#INTERESTINGFACTS #hindustanunilever At current market price 2091. HUL is an attractive buy. 200 weekly exponential average is around 2040 levels. This 200 weekly exponential average has never been tested in last 11.5 years. Furthermore, the lows of May 2020, when the blocks happened in HUL, the lows were around 1900 which could give it another good base...

AAnandAggarwal

On 24th Feb, Deepak Nitrite broke its crucial range of 1880-1950 from where it has taken support in past on number of occasions. On Monday, it gave a good retracement 2020 levels for fresh shorting opportunities at low risk levels. This can be a very good shorting opportunity with 2060 SL (on Daily Closing Basis) for targets 1790/1740.

AAnandAggarwal

The previous cluster where breakout happened in 6400 area has been tested twice in recent past and any next attempt to test those levels could make it weak to test 5300 odd levels. PS: This will not happen overnight ;)

AAnandAggarwal

Bajaj Auto has touched the upper end of the downward trendline and for last 3 days unable to cross 3560-3562. On a downside target of 3200 looks open.