AayushK11

AayushK11

ZOMATO seems to have taken a serious up-move last week and I think there is a correction incoming. The first point, it can fall up to is 149 as per Fib levels. After that it may even fall up to 147 levels.

AayushK11

Wipro after breaking down has regained some momentum and has come back above its long-time support line. Additionally news of Wipro entering Sensex can act as a positive news. Please consult your financial advisor before making any decisions.

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TCS has broken out of its red resistance line and a serious up-move seems to be on the books. Additionally, it seems to be moving along its strong support zone. Please consult your financial advisor before making any decisions.

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TATAPOWER seems to be moving along its long term support line as shown by the green trend line and has broken its short term resistance of 236 levels. From here on it only looks positive as long as it does not break its support line. Please consult your financial advisor before making any decisions.

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SBIN looks to have corrected after making New 52 Weeks high and there is a chance it corrects up to levels of 501 as shown by the Blue trend line, or 498 levels as shown by Fib Levels. Please consult your financial advisor before making any decisions.

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PFC seems to have ended its bearish run and now is moving along its Support line. Additionally, it is also moving along its long time Blue Support Line. Please consult your financial advisor before making any decisions.

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ITC seems to have reversed its Bearish trend as shown by the red resistance line and now seems to be moving along its green support line. ITC seems positive and but the blue trend line seems to be strong resistance at 240 levels. Please consult your financial advisor before making any decisions.

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IEX seems to be on a bullish trend moving along its green support line. Additionally it has been navigating around its strong blue support line. Please consult your financial advisor before making any decisions.

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ICICI Bank still looks weak and it can most likely fall to 756 levels. However, it will not stray too far away from its strong trendline at 765. Please consult your financial advisor before making any decisions.

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ICICI bank has been falling for the last 5 trading sessions and this is just a mere sign of correction because of the massive gap-up opening on news of its results. ICICI might correct up to 770 levels and in case of a bearish market, up to 750 levels. However, this is a strong stock with a good future ahead so it might be a good idea to buy on dips. Please...

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SBIN fell 1.36% percent today and while it might seem bearish, it is just a mere sign of Correction. After breaking its long-term resistance and forming a new 52W high, SBIN corrected to levels of 523. Despite many firms up-ing their target on SBIN to 750 levels, I remain bullish on SBIN and think it will correct to 515 levels and in the case of a Bearish market,...

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ITC finally broke its Resistance line with an OK volume but the candlestick formed is Neutral hence no clear sign of whether a rally is incoming or a Fakeout. If a Rally is incoming, it will be tested at its long term resistance of 240 and if its a fakeout, it is bound to fall up to 210 levels Please consult your financial advisor before making any decisions.

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TATAPOWER looks to have settled down after a long rally, forming a Support line at 200 levels and a Resistance Line at 230 levels I see two options from here on, A) TATAPOWER cannot break its resistance and corrects to 220 levels and retries after a period of time B) TATAPOWER breaks the resistance and touched 240 levels after which it corrects slightly Please...

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PFC Just gave a breakout from its Red Resistance Line preventing breaching the Green Support Line. As per Fib levels, it looks as if a reversal has started and a bullish movement could be ahead. Although the volume was not great, PFC looks as if it has the capability to touch 143-145 levels Please consult your financial advisor before making any decisions.

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TCS Noticed a hefty correction from its 52W high levels of 3989 after a strong rally and created and according to Fib levels, it's showing a bounce back from 3385 levels. Additionally, it has been following its long-time support as displayed as the green trend line. There seems to be a strong rally coming in IT stocks since they've corrected quite a bit. A good...

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ICICI Bank hit a new 52W high on very strong results and has formed a base at 797 levels. In case Bank Nifty falls, ICICIBank will break its 797 support level and cover the gap created between 22nd and 25th October. A very good idea to buy on dips since it has beaten HDFCs results in the last couple of quarters and has started accelerating its growth in which it...

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Wipro has noticed a drop since hitting its 52W high for the last few days but despite all that, it again took support from the Yellow trend line since March 2021. Based on Fib levels, it shows that there was a pullback until 650 levels and there is a chance a bullish movement follows. In case it breaches its support line, the next support is 620 levels below which...

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SBIN Seems heavily bullish and despite hitting a new 52W high, it can create a new 52W high soon. In case of a bearish market, expect a pullback up to levels of 502 or maybe up to 480 levels. It is a good idea to buy on dips at is fundamentally strong in the PSU banks sector. Please consult your financial advisor before making any decisions.