This analysis is only for educational purposes, Invest at your own risk! The price had reached and bounced off its bottom most support and started its uptrend The price may head up to the resistance line at around 2977 INR. Taking a long position at around 2510 INR and holding till the price reaches aroung 2800 INR can be profitable. The ON BALANCE...
This analysis is only for educational purposes, Invest at your own risk! The New 52 week high created by DRREDDY at the price 4,132.20 INR will serve as the resistance. A Doji candle was seen on the 19th of May(yesterday) which on the next day (20th May)rose the price with an abnormal Volume. The Market closed with a big green candle for DRREDDY, This...
This analysis is only for educational purposes, Invest at your own risk! Resistance at 5120 INR . Buy at current price sell bellow 5120 Place stoploss below support at 4900 INR
This analysis is only for educational purposes, Invest at your own risk! Using the monthly chart we can locate the lowest support price i.e. between 26-36 INR. The price may soon rebound an open an amazing long positional position. The trade can prove to be good for positional traders who are agreeing to lock in at this price and wait for the price...
This analysis is only for educational purposes, Invest at your own risk! Short at 820 Buy at 800
This analysis is only for educational purposes, Invest at your own risk! HDFC broke its support level at price 1635 INR (approx) with a strong volume hence explaining a strong downtrend The Volume indicates that the price may even drop to its next support level at price 1200 INR just like in the case of SBIN . The On BALANCE VOLUME indicator also shows...
This analysis is only for educational purposes, Invest at your own risk! ADANI GREEN ENERGY is close to its 52 week high with a gap of 5.95% The volume suggests that the rise in price is coming to an end and a downfall is near. Hence getting into a short position at around 230-220 INR will prove to be profitable. Traders should place their stop losses...
This analysis is only for educational purposes, Invest at your own risk! A strong uptrend can be seen with a horizontal resistance at price 173 INR along with a good support line The price will rebound of the support hence providing excellent Long opportunities for traders. Buying in at 152-153 and selling off at around 170 will give you a 10% return. The...
This analysis is only for educational purposes, Invest at your own risk! GEEKAYWIRE's price plummeted 20 points this month. This price action may be done by institutional investors or operators who have accumulated and markuped the stock. The next phase for these institutional investors or operators will be Distribution , Hence a large sell volume will...
This analysis is only for educational purposes, Invest at your own risk! A descending triangle pattern can be seen with the resistance line at price 803-804. Going long at 813-814 an targeting to sell at around 850-855 can prove to be very profitable . The Volume pattern can be seen to be stable a supportive with the above mentioned pattern. Any kind...
This analysis is only for educational purposes, Invest at your own risk! A narrowing Uptrend can be seen on BHARTIARTL which closed at 554.10 INR on Friday. The price has approached close to resistance level and gives a pretty good long opportunity for traders . The High created on 15th April at 535.30 INR serves as a resistance level for the price . The...
This analysis is only for educational purposes, Invest at your own risk! State Bank of India is about to hit rock bottom and a great opportunity for going Ling can be seen! This trade is grate for positional traders who posses the ability to hold for at least 6 months(approx). Traders should get into long position at around 150-155 and sell at around...
This analysis is only for educational purposes, Invest at your own risk! LUPIN closed at 841.80 on Friday with a decrease in its price and very low volume . The Pitchfork drawn shows a downtrend with the stock price approaching its resistance line. Since the gap between the stock and its 52 week high is pretty close therefore a stop loss should definitely...
[ b]This analysis is only for educational purposes, Invest at your own risk! INFY closed at 652.30 on Friday with relatively low volume near its Support line An uptrend can be seen in the ON BALANCE VOLUME INDICATOR Using the pitchfork an uptrend can be spotted in the price too A long position can prove to be profitable by buying in at 652-653 Range and...