Chinmayonniftyy

Chinmayonniftyy

Buy IDBI bank at 44-40 levels, targets: 56,66, horizon:56-70 days !!!

Chinmayonniftyy

Buy UNITED SPIRITS @ CMP for 950-1000 levels. HORIZON: 24 W

Chinmayonniftyy Updated 

Buy sobha at CMP for 8-15% gain in short term. Entire realty basket is showing bullish scenario.

Chinmayonniftyy Updated 

This week, the stock has given a breakout with massive volumes and tested its 52-week high as well. On the technical front, this stock can be seen trading in a rising channel with the formation of the higher high and higher bottom.The price-volume action with breakout suggests the next up-move in prices. Volume build-up also looks promising. Traders can accumulate...

Chinmayonniftyy Updated 

AB Capital (D): The stock witnessed buying interest due to impressive Q1 results of posting highest ever net profit, also the IPO of Aditya Birla AMC is getting closer.. Furthermore, bulk of the volume was witnessed post the afternoon session. The stock is on the verge of witnessing a stage-2 consolidation breakout. Keep a close eye on this stock. Targets can be...

Chinmayonniftyy

AB Capital has taken support near 114-116 several times and has consolidated for many weeks. This can be a low risk entry point with a tight sl. Buy at cmp with stops at 110 for a target of near 170.

Chinmayonniftyy Updated 

Trading rationale: NMDC is in a consolidation phase since hitting fresh highs in the month of may, Disinvestment of steel plant in current year, Steel will be in demand for next 3-5 years. Q1 will be superb.So NMDC will do much better. Highly undervalued stock.

Chinmayonniftyy Updated 

Adani Enterprises has given a breakout after consolidation of 2 months, with strong volumes. It may be a candidate to go long on with stops at Rs 1470 and targets at Rs 1720 and beyond.

Chinmayonniftyy

The stock of government-owned mineral producer NMDC more than doubled investor's wealth in the last 12 months. Reasons: It has been in a rangebound trade since hitting a 52-week high of Rs 213.15 on 12 May 2021, but now the stock seems to have resumed its next leg of the rally, 1. HH & HL confirming UT. 2. Breakout from trendline which was respected...

Chinmayonniftyy

Price action in LT shows a nice rising trend as Directional movement is showing an uptrend and RSI is also rising (65+). Buy with a stop below Rs 1550 for a target of Rs 1680. Hold it for 28 days.

Chinmayonniftyy Updated 

BUY JSW STEEL AT CMP FOR 780 LEVELS. HORIZON: 28 DAYS.

Chinmayonniftyy

Price action in NMDC shows a clean breakout of a downsloping wedge pattern. Metal stocks are on a roll and NMDC could soon follow suit. Buy at CMP, keep a stop below 170 and shoot for a target of 195+, Hold for around 14 days.

Chinmayonniftyy Updated 

SAIL(D): CMP LOOKS GOOD FOR SIGNIFICANT UPSIDE. 1) TRIANGLE PATTERN 2) BULLISH MARKET STRUCTURE 30 RSI & MACD ARE POSITIVE. T: 151, SL: 118, HORIZON: 4W.

Chinmayonniftyy Updated 

SAIL has been moving lower in recent sessions and the main triangle pattern on the chart has broken to the downside. The next logical level is near 117-121, if the price breaks beyond that the bulls could be in trouble. On the upside level the next level to watch is 128, beyond that the target would be 151, however, strict stop loss should be maintained at 117.

Chinmayonniftyy Updated 

JINDALSTEEL(D): TESTING CRUCIAL SUPPORT ZONE, RSI INFLECTION, BULLISH MARKET STRUCTURE...

Chinmayonniftyy Updated 

Kalyani Steel has been in bullish market structure since jan 2021 with HH & HL. Currently it has given a breakout after consolidation. Looking at cmp, the chart suggests, trend is likely to continue on the upside. Buy on dips and enjoy the rally. However strict stop loss should be maintained at 415.

Chinmayonniftyy Updated 

Short term trade idea: Trendline breakout in Hindustan copper. Buy at cmp, target: 170, sl: 140, horizon: 28 days.

Chinmayonniftyy

TATA STEEL BSL(D): TRENDLINE BREAKOUT. BUY AT CMP FOR 110 LEVELS, HORIZON: 14 DAYS