AvikDas_1984

AvikDas_1984

The stock is bouncing back from 38.2% retracement levels, taking support at long term support zone of 650-675. Below this stock will be weak and should take support around 550 levels. RSI 10 shows a positive divergence. A perfect position to buy the stock around 710-725. Potential upside 20%

AvikDas_1984

Stock has corrected significantly from the top. Now trading at near long term support zone of 23000-23500. RSI exhibits a positive divergence. Maintain strict stoploss if closes below 23000.

AvikDas_1984

Maruti has already retraced more than 38% from the top. Long term support zone at 6450-6400 which it held in two occasions in last few months. Short term support seen at 6250-6300 levels which can be treated as the stop-loss zone. RSI divergence is prominent in the stock. Idea: Buy Maruti around 6400-6450 range with a a strict stop loss of 6250-6300 zone.

AvikDas_1984

Prominent Head and Shoulder break down today (12/4/21). Potential 20% down side possible. Support zone at 2000

AvikDas_1984

Flag pattern break in JUSTDIAL. Already bounced back from resistance zone. Potential upside 35%. CMP 685.70

AvikDas_1984

After multiple attempts, triangle break out in DRLALPATHLAB. Price consolidated since October in the highest range and finally breakout last trading session. Support zone 2380 - 2330 and SL 2270 on closing basis. Potential upside till 2800.

AvikDas_1984

DHANUKA AGRI CMP 781.65. Short term down trend BO with volume support. SL 700

AvikDas_1984

Short term triangle breakout in ATUL AUTO. Taken support in the previous resistance zone. Risk takers can initiate Long at CMP 6480 with SL 6310. Or You can initiate a long position when it cross previous high at 6700. Potential price movement till 7000.

AvikDas_1984

Short term trend reversal signal in RSI divergence. CMP 2509.70. Stop Loss 2420. Potential target 2700

AvikDas_1984

Long term reverse H&S formation completed in ERIS LIFE SCIENCE. Breakout of neckline is confirmed with increased volume. Potential 200 points upside. CMP 576.10. Support zone 570-550. SL 520. Long term investment.

AvikDas_1984

Long term resistance breakout. Probable support zone till 86. Stop Loss 80 on closing basis. 1st Target 110. 2nd Target 130. CMP 95.20

AvikDas_1984

BO in LTI around 3500. taking Support zone of 3500 -3400. After 2 months consolidation it has break out the resistance. Potential Tgt 4100 4200

AvikDas_1984

Short term resistance breakout for DRREDDY. Posible target 5300. Strict SL at 4975

AvikDas_1984

After few days of consolidation, ABB BO the resistance zone. Potential upside target can be 1400. Support zone 1200 - 1180. Stop loss around 1150 on closing basis.

AvikDas_1984

A distinguished Flag formation is observed in Bajaj Holding. Potential Break out happened.

AvikDas_1984

After long consolidation DMART has break out triangle pattern with strong movement. Support zone 2560 - 2520. Stop loss 2460. Potential gain 15% - 20 % in medium term.

AvikDas_1984

The stock is making a long term triangle pattern in daily chart. 2 false breaks are present in this formation. Potential break up. Strong above 440 at closing basis

AvikDas_1984

Side ways movement has been completed and new up trend has started. Fresh long position can be initiated.