Arunraj_07

Arunraj_07

Nifty Mid cap Index has been in Downtrend from January 2018. Many Midcaps have recovered with a V shape recovery. They are facing a short term resistance which if it clears, they will continue to rise to previous high. Hence hold on to your Mid caps and keep adding more once the breakout happens. Overall Mid caps are healthier because of their attractive...

Arunraj_07

Bank Nifty has continuous 2 inside candle. We can derive two outcome whenever inside bar happens. Bullish or bearish breakout. Whichever side it breaksout, take the trade keeping other side range as SL. Target levels are given. You can initiate intraday or momentum trade using Option ce or pe. Do as per your choice. Example: If the breakout happens on Upper side,...

Arunraj_07 Updated 

Bank Nifty has generated a buy signal in 3 indicators 1. Fibonacci - About to give breakout 2. Price Action - Cleared a crucial resistance line 3. Channel Pattern I have not drawn 2&3 to avoid confusion and over drawing on chart. I have kept the trade idea simple. Once BN crosses 0.50%, initiate buy position. 1st target will be 0.68% Keep trailing the trade for...

Arunraj_07 Updated 

BankNifty broke out of consolidation followed by huge up-move which confirmed the up-trend. We have missed the ideal entry. Entry given in chart is of fibonacci level which i am not sure if it will come. Hence to re-enter wait for minor pullback.

Arunraj_07 Updated 

All levels are given in the Chart. Its Techno-Fundamental approach. Trade will be activated only if the breakout happens.

Arunraj_07

Aarti Industries has been a true wealth generator and leading company in its segment. It has been on a good upward channel and one can ride the trend by buying whenever the channel support is tested. CMP 1206.

Arunraj_07 Updated 

With Price Action Confirmation and surging volumes, Buy AARTIIND - CMP 1126. Target 1160 which is gain of 13%.

Arunraj_07

Those who haven't invested in DRREDDY - can look to invest now since the stock has given a breakout from its All time high levels. The stock was correcting for past 5 years which is a good thing. Its a large cap hence slow and steady gains.

Arunraj_07

ALUFLOURIDE has a multi-bagger potential. Fundamentals are very strong. It has crossed ATH with surging volumes hence we can stay invested for good gain in coming years.

Arunraj_07 Updated 

BAJFINANCE is forming a descending triangle. With its Quaterly earning slated to be released on May 19th, the stock could sink further if the results are bad inviting a short entry. Consider booking partial profits if you are holding from 700-1300 levels. 1920-1950 is the support in weekly chart and if it closes below that on weekly basis then next support would...

Arunraj_07 Updated 

As reliance have touched its All time high for the third month, it would be advisable to book partial profits at higher levels and could wait for the Fibonacci retracement for lower levels for buying in dips. Reliance has rallied more than 75% in just 1.5 months hence expect some profit booking and correction.

Arunraj_07 Updated 

BUY ALUFLOURIDE CMP 152 - TARGET 195

Arunraj_07 Updated 

Go long as Reliance has given a clear breakout from Cup and Handle pattern

Arunraj_07 Updated 

Buy valiantorg for 25% upside.

Arunraj_07

Fundamentally strong company with no debts. Good for long term investments..