As predicted last time for IT index to sell at 33850, which was followed by 20% correction in the Index and saved capital there. Now looking at the market scenario, IT stocks looking one of the best bets in the Indian sector 1) Golden pocket zone of 2020 bull run 2) Bounced from the long awaited channel trendline 3) Taking support at previous support zone of...
Indian markets looks like super bullish for a while, but how long? Global weakness, European crises won't let the Indian market rally. Indian market might consolidate and give opportunity in future Bearish divergence on daily chart. Double top. Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence...
Diwali 2021- Investment Pick IBREALEST ]Forming rounding bottom on bigger TF Good valuations at CMP Best play for the upcoming Real Estate boom! Good levels to enter around 160-180 zone Entry - 160-180 Targets- 266 | 342 | 420 ~Ashray_G
RSI Bullish Convergence was there on weekly charts of Dow Jones only 5 times in last 20 years, which was always followed by average 15-18% market rally similar RSI convergence is visible on weekly Dow Jones chart Right now, pre-covid highs are acting as a support Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your...
When auto index at ATH triangle pattern proper consolidation airbag theme play Golden crossover many good factors Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
There are many factors driving the market. Russian Invasion Crude prices Inflation, Fed rate hike fears UP state election results FIIs heavy selling Overall market considered the worst scenarios and corrected accordingly: Two major support zone for market are 15600-15900 and 14350-14700 Markets may reverse from any support zone Long term investors should hold...
Whenever in the past 20 years IT index RSI tested 70 after making an high, always followed by a average correction of 20-30% Index broke the rising channel, retest levels will be 27-28k that's a ~20% correction expected before making another ATH
Diwali 2021- Investment Pick BHARTIARTL Broke the rising wedge upside and retested. 5G trials are on the way. Best play for the Indian Telecom sector. Good levels to enter around 650-700. Entry - 650-700 Targets- 760 | 910 | 1060 ~Ashray_G
Diwali 2021- Investment Pick TCS corrected after massive rally Good valuations at CMP Largest Tech Giant of INDIA Good levels to enter around 3500 zone Entry - 3450-3500 Targets- 3970 | 4850 | 5500 ~Ashray_G
BTC dominance after breaking down the rising wedge tested and broke the important support zone of 42.25. Now 42.25 is acting as a resistance, Scenario #1- If not broken BTC.D will move for 35.85 {life time low (2018) } with a minor resistance at 39.99. Scenario #2- If 42.25 is penetrated, we will head over to 43.96 and 44.87. Alts will suffer a bit while BTC...
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing. The bull run is not fading away with that new accounts are increasing in market so CDSL and NSDL are getting benefitted. Fundamental- Company is almost debt free. Company is expected to give good quarter Company has delivered...
On the weekly candle BTC follows the Flag pattern on weekly candle. As per the Flag pattern the next cycle target for BTC is 190K.
XCHANGING solutions flag breakout, ready for a one sided upmove. Company is almost debt free. Consistent Growth in topline and bottom line. Flag breakout with fresh volume. breakout on weekly chart. Target- 140|164 in short-mid term Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
Fundamentally very strong Multi commodity exchange printed a flag and given a very big breakout with volume that is reliable. MCX is almost debt free. MCX has delivered good profit growth of 20.31% CAGR over last 5 years MCX has been maintaining a healthy dividend payout of 65.72% Flag breakout on weekly time frame Rsi breakout on daily and weekly charts ...
Swing trade Setup in MCX! for mid term with 15% gains. Volumes picking up. Massive flag breakout on weekly time frame. Successfully Rested the breakout levels. Fundamentally strong. Buying level - 1575-1605 Target - 1575-1605 Stop Loss - 1574 Targets are based on charts. Disclaimer: Chart, data and levels for study purpose only. I am not a...
TataSteel BSL is ready for a breakout after a rally in metal sector started! Breakout in Metal Sector. Breakout with fresh volume Flag Breakout. Targets are based on charts. Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
TLMBTC looking good for another massive pump, Allocate small quantity as BTC isn't stable. If BTC hold the 30-32k zone as a support we can expect 50-200% returns in few days! buying range 0.00000480-0.00000560 targets- 0.00000653 | 0.00000720 | 0.00000802 | 0.00000887 | 0.000001021 | 0.000001385 Disclaimer: Chart, data and levels for study purpose only. I am...
ITC ready for a bounce after retesting is long-term support zone of 200. Fundamentally good stock haven't participated in this market rally till now. Stock on the verge of breakout of trendline. FMGC sector diversified business model. Trigger News ITC files Rs 100 cr defamation suit against portfolio manager Manu Rishi Gupta for blog post buying...