Aditya_Pal_Singh

Aditya_Pal_Singh

All levels are marked in the chart only. Cadila Healthcare can begin a new bull run on technical levels......analysis is also backed by news of Virafin(an antiviral produced by Cadila Healthcare) being given emergency approval for treatment of moderate COVID-19 patients. Volume has also increased drastically. Cadila has also given closing above a trendline...

Aditya_Pal_Singh

Cadila Healthcare perfectly retraced from 0.618 Fibonacci level. With the increase in volume as price moved up and the news of Virafin getting approval for treatment of moderate COVID-19 patients Cadila seems to be in a very strong up move. On Fib Extension 1.618 level(Rs. 640) can be reached very shortly. Cadila has also given closing near a long term trendline...

Aditya_Pal_Singh

Zydus Wellness is ready to take a long drive. Zydus formed a perfect Cup and Handle with a flat bottom along with a decrease in volume and as price moved up the volume also increased indicating a bullish move. Price broke the handle formed and closed at a key resistance level.

Aditya_Pal_Singh

Eicher Motor has given a breakdown of a Head and Shoulder formation on a daily chart. Right now the price is at a crucial level hovering in the Supply and Demand Zone. If this zone act as support then a pullback from the neckline and after a possible retest of S&D zone the peak of the shoulders Rs. 2700 will be our 1st target and after that, if bullish momentum...

Aditya_Pal_Singh

Axis bank gave a fresh breakout of a channel on a daily time frame. Can come back and retest this channel and then will begin the uptrend.

Aditya_Pal_Singh

NAUKRI(INFO EDGE) formed an Inverted Head and Shoulder pattern on the hourly chart. Previous support has now become resistance and acting as a neckline combined with 50 EMA crossing 200 EMA from below.

Aditya_Pal_Singh

Nestle formed a Head and Shoulder pattern with 50 EMA moving towards 200 EMA in a downward direction.

Aditya_Pal_Singh

For investing it is a good time to add @1400 and nearby For trading buy @ 1400 and nearby...... for a target of 1470-1500(5%-7%)

Aditya_Pal_Singh

Flag and Pole formation in Nifty50.....looking at the global scenario if nifty breaks above this channel there are high chances of a bull run continuation. On the domestic front rising covid cases is a big concern.....if the nifty breaks below 142000 level.....13600 the previous reversal level will act as support....below that 13150 will act as big...