Vguard looking a buy if closes above 228, rsi also trending up on weekly charts could give good returns in near term plzz like and follow for more ideas thanks in advance
Actionable idea for today only- Nifty spot cmp --15930 immediate support--15893 immediate resistance--15986 waiting for a break
Here i am going to tell you how can we create our own index for any of sector Kindly follow and like, hope it will help you
It is kind of double bottom for short-term, trending up on some technical indicators too like volume and Rsi hope will give some relief to holders
It can give breakout very soon keep an eye on this could get 1700+ price very soon, rsi also trending upwards
Breaking supports on all time frame charts but i am sharing only daily chart looking weak on charts
Look at the current rsi of nifty is now 28 when i shared previous chart some days back it was rsi 40 on daily chart and price was 17300 now the price is straight cut of 1400 points at that time it takes a negative breakout over rsi sharing the pervious link below
Traders can remain until it will not closed below 15900, earlier i published on same topic sharing the link below
Adani wilmar target done of touching the bottom line of triangle
Tata elxsi standing on crucial levels Faster growing subjects or objects or stocks even decreasing as fast
This is simple channel pattern, nifty bank many times come back from weekly supports as on chart i mentioned by the lower line of channel i will go for a buy if it will broke the upper line of channel....Upper line only there be a break whereas something big has to happen in market #Conclusion- any of new trend there has to be a break any of line
On closing basis want to take this trade if closes above 253 hope will get 10% move in 2-5 days in coming sessions
Seriously, I am ready to take position in Wilmar if it will come to 550_530 levels if it come it is about 37% corrections from recent top
Looking a buying opportunity in infy if it broke upper line and close will try to make a position do not want to look previous candle till it is not executed on buy criteria
I think accumulation zones will start very soon in dmart corrected 40% from 52 week highs so far
Trident is looking good for accumulations, draw a kind of vertical line cause it could find resistance to go below could act a good support check yours if find fundamentals are good add on dips
Wipro monthly chart, looking very bearish in 7 months saw very unusual growth which was 90%, Some would say that stocks can go up like this 90% in 7 month it's easy, yes operator stocks can increases like this, but of good quality stocks like Wipro index stocks didn't grow 90%, this had never happened before, let's say this time this happened because of covid...
If it is not a new downtrend so what is that it is? right now i don't want to look on previous bars till it will not come above to 16625 till then view is totally negative sentiments, indicators price action all are negative... only one positive thing is going on is LIC ipo dekhne wali baat hogi ki how does it will behave