Bharti there is near two weekly support
1- weekly trendline
2- Horizontal line
all and all
380-400 rate is buying area
one important analysis is volume is on the descending side on a weekly basis
so as per book rules
if any stock is making a new low with a descending volume pattern reveal that there is no more selling pressure at a certain level so ready...
BPCL Stack sell News came between 238-310 approx between 2016-2018 than the stock was twice double from 300 ➡️➡️ 551 approx double
As per News: stack sell has been extended till November( Due corona bidder are not interested right now but sooner or later Government will try to sell BPCL
moreover, BPCL is trading between 238 -550 for the last 6 year
now BPCL in...
Today Banknifty has cleared its intention that Short Me not at lower level
2- after huge tumble in Market I think it will be in the range of 19500-21900 approx 2400 Point
3- As per other heavy weight stock Breakout it will be happen on upper side
Plan : Do not over excited buy in deep Near 20000 and stoploss below 19500 ,Deal with Call put 21000 call 25th...
1- It is downward channel.
2- Higher High and lower low in last 3 month
3- RSI cmp from over sold territory
1- Macd and RSI are positive
2- Made big candle after 2 week consolidation
3- VEDL has strong weekly resistance Near 125.30
1- RSI above 70 Little bit overbougth
2- Volume in upward cruve
3- Crossed Important Resistance...
1-Made Good support Near 4000
2- As well As clear Resistance visible is Monthly high 5529
3- Last 3 Month Open and close are almost same
That means in Monthly move there is not clear direction in Monthly View
4 -All Monthly indicators are not in buying side
5- Stock Is moving between 100 Month and 50 Months Moving Average.
* Last week stock has...
Simple Rules applied
first low 101.60
second Low 101.70
third low 104
and crossed the 115 highest picks of which has the most volume.
Rules called it is inverse Head and shoulder breakout it will work up to 125-140
General Trend is negative but there is huge psychological support near 100 and it is taking support again and again
So it might be a good...
• Monthly candle is totally Negative from last two candle
• Now consider the Huge Resistance is 12017 for Feb Series
• Weekly Candle full body bearish candle ( Means Open and High almost same and close Near the Low)
• RSI Below 50
• MACD (Trendline crossing MADC Line)
• ATR on Upword range
• So all Indicator in Weekly are...
* Monthly candle made doji pattern
* Made High near Life time high 1729 Life time high is 1734
* Last three month volume is increasing
* Stock trading in channel reverse from lower channel
* Wait for closing of three Days above 1709
* On the base of positive news stock gap up today from last day high 1640 to 1683 today's Low.
* Any rate between...
• BankNifty Trading below Last Month low 30996
• It has Last Month High 32613 and This Month High 32465 almost similar
• Monthly candle is totally Bearish Open 32237 High 32465 Low 30521 (It has full negative body) and close Near Low
• It is making lower High pattern from last 5 Week there was two high which are similar (32347-32322)...
* Nifty Made Bearish Candle on Monthly basis
* Nifty has Monthly Low 11832
* Nifty Reverse from the Upward Bearish trendline
* Made bearish Candle Weekly Open 12197 and High 12216 and close 11945 ( It shows that for the Entire week Nity face strong selling)
* RSI in falling side (53.94)
* Macd showing indication of Negative...
The stock of Advanced Enzyme Technologies gained 4 per cent accompanied by above average volume, breaking above a key resistance at ₹178 on Tuesday. This rally has strengthened the short-term uptrend that has been in place from the December 2019 low of ₹155. Investors with a short-term horizon can buy the stock at current levels.
While trending up, the stock had...