AnbHfund

AnbHfund Updated 

Long Nifty & BankNifty index. Nifty moving in parallel channel, closer to its support lvl of 10800 & BN is also close to its support lvl of 21000 !! Watchout for a one way rally in October Series after a correction in both Nifty & Banknifty index. Look for Auto, Metal & Banknifty index to rally in October Series.

AnbHfund

It's time to book profits in Nifty from lows of 10800 to 12000 !! Gap ahead at 12085 on Nifty !! Clear 5 wave move happening in both Nifty & Banknifty index, book profit and waiting to enter shorts. Minor Shorts : 11960 -- Today's low Major Shorts : 11780

AnbHfund Updated 

Just before the major verdict in Telecom AGR case today, Airtel is showing bullish signs. Long above 530 Target -- 542 first , 560 second & 590 third target !!

AnbHfund

Looking for a short entry on break below 27.085 lvls on 15 min tf on closing basis.

AnbHfund Updated 

Sunpharma is at crossroads and the view is it will cross 510 lvls within next few weeks and once it breaches 510 lvls it would be breaking out of multiple resistance lvls. MACD is clearly showing abc bullish pattern where "C" wave part is about to begin on upside after breaking out. Watchout Stock for August Expiry : Long SunPharma & Short Dabur Long at CMP(485)...

AnbHfund

Dabur is clearly trading in a range bound manner. And looks like it we are about to breach the 460 lvls in coming few weeks, following an ABC corrective pattern. MACD is also clearly unable to break on upside and is range bound and pushing downwards. Looking for a short around 490-510 lvls in coming days with sl at 517.

AnbHfund

Nifty FMCG index is clearly showing signs of reversal. Unable to cross Aug 18 highs till now, clearly HUL, Britannia, Nestle and Dabur all are showing neutral to bearish signs on charts except ITC which is clearly performing inversely to HUL. Too much money has chased growths in the safest sector and now might be the time to book profits at almost highs and move...

AnbHfund

Nifty IT index has broken above the weekly highs which also the resistance. And MACD is also breaking out higher. Looking for Infy, TCS & HCLTech to go long !! Already above Breakout : Infy , HCLTech

AnbHfund

Britannia has given nearly 100% return from March lows and currently is trading in weekly resistance zone of 3400 - 3800 levels. Friday closing isn't looking good, any close below 3400 lvls would mean the rally is over at least for Britannia. MACD is also not really looking good as well, it is consolidating sideways while the price has been rising. Watchout FMCG...

AnbHfund

Looking for a break above 3400 lvls in Bajaj Finance for 4000 lvls same flag pattern as in IOC.

AnbHfund

Nifty has broken the small range of 10850-10550 on upside and closed above last highs made in july 2020. With HDFC Bank leading the Nifty index, Nifty is bound to make new highs this week. Looking for 11000 and 11200 levels this week, as Banking stocks, Pharma index, IT index, Oil Stocks all showing major bullish strength. Looking for Buying into nifty index...

AnbHfund

IOC is showing a flag pattern after recovering from lows of 72 to 94 price levels, has been in consolidation mode for past 40 odd days. On friday the stock gave a breakout on MACD indicator and most probably might give a break above 88 levels tomorrow. I am looking for a gap-up open tomorrow above 88 levels for target of 96 & 106 for this expiry. Keep a watch on...

AnbHfund Updated 

EW Analysis : BN is in pullback mode from lows of 24400 and is showing a clear abc pattern on upside. Trend Breakdown : BN breached the up-trend in Sept 2018 which started from Mar 2016 and is now retesting the up-trend support which now becomes resistance for BN . Supertrend Resistance : Any weekly close above 27800 on BN would change the bearish...

AnbHfund

Last Post : Nifty -1.76% after touching high of 8960 has now entered into correction mode !! So wave 5 ends of Wave 3 of Wave 3 !! Expect this correction to complete either at 8550 ( Less chances ) or at 8700 levels !! Wait till the FED meet this month -- Once FED goes with no rate hike -- Expect markets to touch life highs !! So Now we are at 8600 --...

AnbHfund Updated 

Nifty -0.28% is now in overbought zone -- The immediate target on upside is 8990 which Nifty -0.28% might touch by tomorrow. Other major markets are not moving up i.e. a small correction is on the way !! MACD & RSI - are overbought On Wave count : wave 3 of Wave 3 of wave 5 is about to end !! Expect Nifty -0.28% to once again touch 8720 approx !! And then the...

AnbHfund

Nifty after touching high of 8960 has now entered into correction mode !! So wave 5 ends of Wave 3 of Wave 3 !! Expect this correction to complete either at 8550 ( Less chances ) or at 8700 levels !! Wait till the FED meet this month -- Once FED goes with no rate hike -- Expect markets to touch life highs !!

AnbHfund Updated 

ALbk has broken its consolidation move and also has broken its upper high !! The way Banknifty is performing, we expect psu banks to once again rally !! Keep a stop loss of 83 -- go long for 98 targets -- time : By end of september or before ! ! Bias: Personal position as well in both cash and F&O. Expecting 90 within a day or by tomorrow