After months of corrections, corporate action and consolidation Astral is finally ready for new highs!
NSE:BAJAJ_AUTO below the trendline support. A double top breakdown if goes below today's low. Seems like a good candidate for short trade but only after a close below today's low.
If you missed the bus in NSE:FSL during the previous breakout, time to catch it again. Primary targets were achieved in last move, over 10% gains. Stock is back at the support levels and this time we may see the awaited WEEKLY breakout now which failed in last attempt.
Jubilant Foodworks has fallen from 586 and is now forming base. Company is diversifying, stock moved by more than 5% as it acquired stake in O2 Renewable. Trendline broken, double bottom breakout awaited.
This bank is caught in a 10% range box from almost 4 months now. This is the 7th time stock is near to lower end of the box which indicates weakening of support. NSE:INDUSINDBK is now ready to move out of this box.
Two most popular names under Modi regime are forming bearish patterns. Obviously we are over 25 days away from results. Maybe there is some smart money play here and this fall is to trigger retailers to sell and they make their long positions here. I have already shared about a possible double top on Nifty. Breakdown is far away. Why I feel this is more of smart...
NSE:TITAN is back to its major support. Gold prices have cooled off by 5% but still up by 11.31% YTD while Tanishq's parent company is negative YTD. Stock can be entered at this price point. Closing above 3650 can open way for 3800.
NSE:NIFTY faced heavy resistance today and failed to close above previous high. Is it a double top which will lead to massive fall or a temporary high before elections? Where are we heading towards from here?
Canara Bank set for 5/1 stock split on15th May and seems like the stock is preparing for some move.
NSE:GSFC was set for turnaround. I had already shared this and that's how it stands at the moment. Inverted H&S breakout is successful now and now we can wait for a retest for new ALL TIME HIGHs.
NSE:FSL Daily breakout was successfully completed and even broke the weekly breakout level but selling kicked in and it was obvious it'll face some resistance there, now expecting a re-test and then weekly breakout further.
NSE:RELIANCE is ready to MOVE. Closing outside this zone will drive the way ahead. New Jio plan is out, results are already there. Expecting a positive move from here.
Digital banking segment of Kotak Mahindra Bank is headed by Jay Kotak who recently made the headlines for his wedding recently. Similar ban happened with HDFC bank and price of the stock struggled to get back the momentum since then. The stock has been in this ₹1600-₹2000 zone since very long. Will it be able to sustain this or break this long time support? ...
Significant DROP $NSE:INDIAVIX!! Which risk is NOT there anymore? Indian defense stocks are also breaking out. Why this drop? What next after these lows in India VIX for Indian markets?
Stock had a lot of talks and GMP during IPO got a decent listing due to negative market sentiments but if you are holding it then enjoy the ride. There is more to come. NSE:INOXINDIA
NSE:FSL Strong fundamentals and promoter group backing this. Two breakouts awaited in line now, daily and weekly on bigger time frame.
India's ever growing fertiliser industry is led by this giant based in Gujarat. Dipped after good upside, new budget will have a lot for it. NSE:GSFC
NSE:ITC after having a splendid run throughout the year is now at a very important junction. It is a fairly visible H&S (Head & Shoulder) in making but breakdown looks like snowball's chance in hell. Hence that means NSE:ITC can be a good reversal candidate but only after strong close above 456 level. That should lead NSE:ITC towards 500 and then further for...