Dahi_Vada

Dahi_Vada

With power sector showing strong uptrend, IEX has formed a beautiful Ascending triangle pattern which looks bullish in short term. With strong support at 230-235 levels, the upside possibilities is immediate resistance at 275-278 levels and then the 300. The upside is open once the stock breaks 300.

Dahi_Vada

Possible target of 145+ in Short term with a strong support at 125-127 levels.

Dahi_Vada

#TATACHEM has shown a bullish Triangle Breakout and there is a good chance for Very Short term gain as the price has high probability to test the previous high of 888. Also the strong support is at 800-805 range for those who are eyeing on a medium term.

Dahi_Vada

JSWSTEEL has attempted to breakout from the long consolidation after two months, if the opening price can sustain above today's closing price, then rally will be towards 800+ in the next one month. If the breakout fails, the support at 650 is strong enough to buy more. I am bullish on JSW Steel for the next 30 days as NIFTY METAL has formed a similar breakout...

Dahi_Vada

Bank of Baroda has finally closed above the resistance level after 5-6 unsuccessful attempts. Target of 89-89.5 is immediately achievable in the week itself. Time to hold on to Banking stocks as the Banknifty rally is still pending when the NIFTY is already in lifetime highs.

Dahi_Vada

Exide Industries has given a resistance breakout today at around 194.5- 195 levels and has successfully closed above the resistance at 196 levels. The breakout has come after 10 days of range bound price movement,hence a rally can be expected towards the next resistance point which is at 209-210 levels.

Dahi_Vada

The stock has shown a bullish trend with a bullish Marubozu candle on June 04 closing and has reached the resistance level at 336-337. This range has been tested multiple times in 2021 and the stock retraced due to huge selling. A gap up opening can be expected on June 06,2021. Cannot completely write off the chances of another retracement but, I am personally...

Dahi_Vada

The stock has shown a bullish trend with a bullish Marubozu candle on June 04 closing and has reached the resistance level at 336-337. This range has been tested multiple times in 2021 and the stock retraced due to huge selling. A gap up opening can be expected on June 06,2021. Cannot completely write off the chances of another retracement but, I am personally...