UNITED SPIRITS-After a reasonable consolidation shows signs of bounce bk.1040 -1060 seems to be the next level
NMDC: Likely IHS Pattern breakout.150 Neck line break out point and sustaining above 150 as per the IHS Pattern the tgt would be 170+. (For educational purpose only)
NIFTY LEVELS:Nifty faces immediate resistance at 19850 followed by 19965 .These levels remain as the option resistance also. Trading above 19850 likely to trigger a break out towards 19950 . NIFTY also has an unfinished business above 19965-20150-BULLISH GAP REMAINS TO BE FILLED. 19750 remains as the immediate major and 19524 would remain as the major support. For...
BHARTI ARTL:after a brief consolidation there has been a sharp pull bk with volume,in the process formed C&S B/Out,as per the pattren if holds todays high likely to breach 1000+ (for educational purpose only)
DOW JONES: Rounding bottom suggests another 200+ point move.really it puzzles me as both Crude and DOW Jones indicates signs of a breakout? Its to be seen which cues the major indices takes-im a bit confused as both DOW Jones & Crude showing signs of a break out......
NIFTY: Last 3 days formed DOJis with small body and it shows indecisiveness in the market. For NIFTY to take a direction either it should hold above 19664-750 doe a bullish march towards 20000 or a close below 19200 would drag it down to 19000 and below 19000 on a closing basis would trigger a huge sell off towards 18800.Huge Put unwinding at 19600 and call...
NIFTY-Close above its 10EMA of 19624 at 19689 suggests its next move towards 19770-850 Cluster.if sustains todays momentum seems 19980 is on the cards. (For Educational purpose only)
GIPL-Rounding bottom breakout likely to test 160+ and a decent bounce back from its support zone suggests much steam is left
CUB -After a brief consolidation, RSI Above 50 indicates uPside in the coming days. Would have TGT 1 as 135 TGT 2:145 and shortem TGT of 165
CRUDE OIL: Bullish pattern in crude oil ,likely rounding bottom pattern,Sharp reversal in RSI Stochastic indicates possibility FOR a break out towards 9500(MCX Crude).Crude holding above does not augur well for the market sentiments. (View iir for educational purpose only)
NIFTY PVT LTD:Close above 23100 likely to trigger a rally towards 23700/800 on the flip side Close Below 22700 likely to trigger a fall towards 22500/22200
GODREJ INDUSTRIES-Inv.Head &Shoulder in monthly chart ,NECKLINE B/OUT AT 671 indicates potential upside upto 850,really do not understand whats behind such a strong indication
NIFTY: Close above 19764 likely to take it to 20000 Band and will act as the maimmediate major resistance. Nifty :Close below 19200 likely to lead huge sell off and might drift to 18600-700 levels
PAISALO DIGITAL:Cup&Saucer Pattern prefer to hold it for a positional target of 90
NBCC(INDIA) LTD: From Mar,2023 forming higher highs in Monthly charts,rouding bottom necjkline breakout ,if holds above 65 expect it to test 80-100,prefer to hold it for a while with the stop loss of 55
NLC INDIA-RSI ideally placed. spurt in volume with rounding bottom- suggests a target of 150
NIFTY-After consolidating for a while showing signs of reversal. 19620-660 will act as the 1st major resistance followed by 19780.Close above likely to renew the upward journey towards 20000.positional tgt is likely to be 20000 with yesterdays close as sl.Call option writers are active at 19600 level ,holding above 19600 would force the call writers to go for a...
SCI-CUp&Saucer pattern suggests would smoothly into 160+ teritory