AMIT-RAJAN

AMIT-RAJAN

By the today's horrible move by index it's not easy to digest to anyone that it could fall more rapidly in coming sessions while it already sliced 500 points in last three to four days so I want to find out what actually happened and what could happen next so what I saw is that a bearish divergence is standing over there on the top which acted a resistance as well...

AMIT-RAJAN Updated 

Bank nifty seems bullish for coming sessions looking good to retrace for it's lifetime highs at least and if break that highs so then we can see a further momentum in it Rsi indicator is also giving bullish signals and it breaks a falling trendline resistance too so we can see it is a breakout although global indices and U.S Fed meeting in coming week will play a...

AMIT-RAJAN Updated 

Acc looking very strong on daily chart like giving a breakout on falling resistance trendline and gives a closing on above that it is giving a breakout too on Bollinger band so we can see further bullish move in this counter. CAUSE OF LONG-: 1- Falling resistance trendline breakout. 2- Bollinger band breakout.

AMIT-RAJAN Updated 

Dixon technology is looking good on weekly chart breaking falling trendline resistance and closed above on that and giving a clear indication on RSI indicator of coming bullishness in this stock. Cause of long-: 1- Falling resistance trendline breakout 2- RSI breakout

AMIT-RAJAN Updated 

Cera gives a much awaited breakout above the horizontal trendline and managed a strong close on above that earlier I made a daily chart of this stock for making an trading entry so that I am sharing that chart link below too, from today's move it is giving an idea that more bullishness remaining in this counter one more thing that it gives a breakout on Bollinger...

AMIT-RAJAN

FSL looks good on weekly chart by breaking a strong horizontal resistance are where the bunches of resistances was standing now looks bullish by breaking that closing above on that with a good increment in volumes expectation is coming up move is this stock. Cause of long-: 1- Horizontal resistance breakout. 1- Volume breakout.

AMIT-RAJAN

Idea looks good by breaking falling trendline resistance with good margins and succeed to close above that, giving bullish divergence breakout on RSI indictor too by breaking pervious resistance on that so we can see a nice up move in this stock from here. Cause of long-: 1- Falling trendline breakout. 2- Rsi indictor breakout. NOTE-: THIS IS ONLY FOR...

AMIT-RAJAN

Tata motors currently showing some weakness on daily chart and trading very near to it's support zones so I tried to identified some strong support levels for accumulation in this stock sharing with all of you, and the pattern it is created is looking very much similar to head and shoulders so not suggesting for an immediate entry for traders has to be a close...

AMIT-RAJAN Updated 

India cements seems bullish on weekly chart giving a good close by breaking down trendline resistance the volumes are looking also so good in comparison of so many last weeks so we can see a good upside in this stock although we have to take a must view on Indian indices for next week before going a long in it.

AMIT-RAJAN Updated 

M&m finance looking good on weekly chart gave good breakout on down trendline it is looking to break some weak resistance between current price to target 1 volumes are also good Cause of buy 1- Downtrend line breakout 2- Good risk to reward ratio

AMIT-RAJAN

HDFC AMC seems a very sharp fall from last many sessions what I observed is that it is created a perfect example of Descending triangle pattern on daily chart so I try to made that triangle on daily chart now adding into watchlist will go through for a trade by this triangle pattern, one more thing I want to add in this that volumes are drying from many sessions...

AMIT-RAJAN Updated 

BTC seems trading in very narrow range since last few days so that I am able to identified resistance and support on daily chart it can help out to decide the direction of trade we can take in it, so if buy resistance we can go for long and if will break support so we can go for short this is simply based on price action and demand and supply zones easy understood chart.

AMIT-RAJAN Updated 

CDSL looks strong on daily chart , gives breakout on falling resistance trendline and closed above strongly and gives breakout on Bollinger bands too relative strength indicator gives signs of coming bullishness in this stock. Fundamental strong counter. CAUSE OF LONG-: 1- Falling resistance trendline breakout. 2- Bollinger bands breakout. 3- Relative strength...

AMIT-RAJAN

Today Shriram transport did a good up move by breaking a falling trendline resistance and breaks a strong horizontal resistance too which happened with a strong volume addition in it, tomorrow's market is not looking good due to fall in global indices but yes after all we can say that it is a good breakout in this stock so we can see and upward rally very soon in...

AMIT-RAJAN

NHPC looks good on weekly chart by breaking horizontal trendline and gives a strong close on above that it is looking good by volume addition in it we can expect a good up ward move in this stock from here, although I am unable to find out the targets because stock is trading almost on it's life time highs.

AMIT-RAJAN

LIC housing seems good on weekly chart by breaking falling trendline and closed above on that, looking bullish on RSI indicator too giving positive bullish divergence by breaking previous resistance on it so we can see a good up move in this counter. Cause of long-: 1- Falling trendline breakout. 2- RSI breakout.

AMIT-RAJAN Updated 

Reliance looking fresh negative on daily chart it is breaking rounding curved trendline support and giving a fresh negative divergence move on macd indicator too so we can see a downwards move in it in coming sessions but it is looking that it will going for a decent correction after a steep rally. Cause of short-: 1- Breaking curved trendline. 2- Macd...

AMIT-RAJAN Updated 

Pidilite gives a bullish breakout on weekly chart it gives a breakout on horizontal resistance trendline and close above also given a breakout on Bollinger bands, volumes also jumping from previous so we can say it gives breakout on volume indicator too we can see more bullishness in coming sessions. CAUSE OF LONG-: 1- Horizontal resistance trendline...