Abhyuday01

Abhyuday01

New age insurance company taking support on its rising trendline. NSE:GODIGIT game changer in Insurance sector may strengthen better from here.

Abhyuday01

Two of the major public sector banks closed strongly today. NSE:SBIN has closed above the trendline while NSE:BANKBARODA has closed strongly and awaits inverted head and shoulders pattern breakout above the trendline. Expecting a re-test before we see some good upmove.

Abhyuday01

Finfluencer's favourite renewable energy stock ready for a double bottom breakout with support from a rising trendline. NSE:GENSOL got viral on instagram and was compared with Waree but later saw correction.

Abhyuday01 Updated 

Budget will have focus on healthcare sector as well and this stock has been in a range since the budget. There is a flag & pole breakout expected after a good rally. NSE:DIVISLAB can be kept on radar for either side movement as soon as the box is broken.

Abhyuday01

After some deep correction and spending more than a year in a range. NSE:BAJAJFINSV might be gearing up for new all-time high if it breaks above the neck line.

Abhyuday01 Updated 

NSE:LTTS is ready to reverse after 5 weeks of fall. A small cup & handle breakout, re-tested to indicate we probably have the low for now. 6% stoploss for much higher risk-reward makes it a good candidate for investment.

Abhyuday01

A PSU company at retesting after daily breakout and setting itself up for a big monthly breakout. NSE:NIACL may head towards new ALL TIME HIGH!!

Abhyuday01

India's biggest bank finally broke out after months of correction and consolidation. Lot of news and investment expectations boosted the stock for new breakout but a green candle was nowhere to be found for strong close after huge gap ups and hence stock corrected down to its supports. NSE:HDFCBANK is finally ready to continue its upmove after completing its retest.

Abhyuday01 Updated 

While all the auto stocks were moving, NSE:ATUL remained silent. Finally it is ready to move now. Trendline breakout strongly done, re-test complete and now heading for inverted H&S breakout. Once it breaks out, 7000+ levels will be there soon. One can expect some strong sales data as a trigger at the beginning of next month.

Abhyuday01

After reaching highs of 5000, NSE:CRISIL corrected well below 4000 levels but now forming inverted H&S pattern which will breakout at 4500 while another inverted H&S pattern on hourly is expected to take place. Stoploss at 3850.

Abhyuday01

World's largest asset management company, BLACKROCK has entered this stock. NSE:SWANENERGY is a player in shipbuilding sector. Stock has been forming higher lows and now getting ready for a breakout. Target - 1000+ should be there soon.

Abhyuday01 Updated 

After many controversies and findings in the product, NSE:NESTLEIND is at an interesting level. Shareholders have rejected the proposal to increase the royalty to parent company. This means company will have more funds available for equity shareholders. Since the split, we have seen some volatility. What next from here for the stock? Will there be any action and...

Abhyuday01

Tata came back to IPO market with an this company in 2023 in almost 2 decades. Issued at price of Rs. 500, listed at 1200 but finally it has cooled and can be added from investment perspective for long term. NSE:TATATECH around 1000 with breakout possible in few weeks looks exciting with very small stop loss of 5%.

Abhyuday01 Updated 

Halving is done. Major event is over, BINANCE:BTCUSDT is now at a crucial junction. A fairly visible double top if not taken out soon then the base may weaken and eventually fall towards $52-55k or consolidation may continue in this range.

Abhyuday01 Updated 

BINANCE:BTCUSDT forming a top and hitting the support again and again. Demand is falling which may eventually lead to breakdown of the support and 55-53K must be there in a few days time.

Abhyuday01

Amidst of all the buzz around Infra, Railway, Defense etc, Tourism sector has always received something from the budget. Not a massive rally but NSE:LEMONTREE hotels is all set for a inverted head and shoulders breakout and march towards 165+ levels.

Abhyuday01

NSE:SHREECEM has probably completed its retest after inverted H&S breakout. Some buying momentum gaining now. Cement stocks have already rallied a lot so expect some good gains.

Abhyuday01

This has been on my radar for months but it never gave a convincing breakout. A strong weekly candle closing today may lead to the awaited breakout and further upmove in the counter. NSE:LAURUSLABS is running strong with trendline support and ready to break above and sustain 450 levels. Have already posted NSE:LALPATHLAB from the same sector.