CKParkhi

CKParkhi

Bajaj Finance (Daily) 1. XABCD - B is taken out means the Bearish harmonic Pattern is triggered. 2. Now it must defend 6,125 to chart ahead towards 6,400+ territory. 3. 6,125 (+/- 25) zone is a confluence of Fib + 7th March 2022 Low (Line Chart basis). 4. 25EMA and 21EMA are parallel (not yet merged) which will provide a base for the move upwards. 5. Thus we...

CKParkhi

Eicher Motors: Weekly Chart 1. On the verge of B/O. New 52W high in view. Buy dips.

CKParkhi

Dabur 1. Closed above both 21EMA and 65EMA 2. Consolidation is done. 3. Buy above the previous high (SL Previous day Low - 0.5%) 4. Expected TGTs are on the chart

CKParkhi

// Observation based on Monthly ATR // 1. Monthly ATR = 1200 Points (Almost Done for July, except for the previous month's high (16,794) must be taken out first to maintain H-H | H-L. This way monthly high is more likely to happen in the last week of July) 17,135 /??/ 2. Yearly Open = 17,487 (Say 17,500) 3. If we...

CKParkhi

LARSEN & TOUBRO INFOTECH (LTI) 1. Turning from Past reference. 2. Carry lots of upside potential. 3. Play with Next month's options (CE) as well. 4. Entry / SL / TGTs are depicted on the chart (Self-explanatory)

CKParkhi

VIP Industries 1. An up-trending chart going through a correction. 2. Setup offers good R:R

CKParkhi

M&M Finance: 1. Flag B/O taken place on a weekly chart 2. Buy on dips till 191 for TGs of 225+ 3. More higher targets are on cards beyond 250 if sustains on higher level

CKParkhi

Exide Industries 1. Weekly Chart 2. Trading at the historical (but risky) base (Neckline of HNS. 3. Holding the base with a Pin Bar on a weekly Chart 4. Risky but highly rewarding (55-70)% upside potential 5. R:R 1:8 (Minimum)

CKParkhi

DB Corp 1. Pierced through previous swing low 2. Volume rising 3. Positive Divergence in RSI + Trading above RSI (3) 80 4. TGTs - 99 - 104

CKParkhi

GREAVESCOTTON 1. A perfect time to grab this opportunity. 2. Potential rewards are 10-20-25% 3. All TGTs are depicted as a part of the Bearish Bat Pattern

CKParkhi

TATA MOTORS 1. Coming out of its slumber 2. Two prominent patterns getting active around 440-450. 3. Buy on dips candidate with an SL of 409 (Closing basis) 4. TGTs - Bearish Butterfly: 490-500 5. Wolfe Wave TGTs: Above 500 until price reaches the TGT line.

CKParkhi

Larson & Toubro 1. It is one of the counters that never participated in NIFTY's bounce back. 2. Started showing range expansion after spending a good amount of time in consolidation with low ATR. 3. ADX turned positive. 4. Good to go long on dips around the 1610-1630 zone. SL 1570 5. TGTs are previous highs.

CKParkhi

HCL Weekly Chart. 1. Trading at PRZ (900-950) - A good accumulation zone. 2. Historical support level 900 nearby. 3. Potential Breakout level is 1,010.

CKParkhi

Tata Chem Pattern B/O.................................................

CKParkhi

Deepak Fertilizers has got a B/O on Hourly TM with a large potential upside.

CKParkhi

Adani Port offers a Swing Trade for 5% Looks like it will work

CKParkhi

SBI Cards is trading at 49PE. A good portfolio bet for 1300+ TGTs in a yearly time frame.

CKParkhi

some observations on Reliance: 1. Reliance got a close (2,408) below all key Key moving averages 65DMA 100DMA 200DMA 233DMA 2. Moreover, a prominent Harmonic pattern's "B" stands at 2,426. If prices start traveling below this, we have deeper short targets till 1900. 3. Weekly Swing high being 2,626 4. Reliance has given 4th consecutive close in Red. (Can...