Dinesh_C_Nagpal

Dinesh_C_Nagpal Updated 

After a steep correction from 800 in January till 650, it appears to have resumed its uptrend. The weekly Kumo bounce is activated along with a strong demand zone in hourly being observed today. It could do 750-775 with minor resistance around 730. View would be negated below 670

Dinesh_C_Nagpal Updated 

After doing a steady decline till daily kumo support, it appears to know have given an hourly breakout. If this reversal continues it could rally till 325-330 as long as it does not break 303.

Dinesh_C_Nagpal

It has given a Bullish Harmonic Gartley reversal. It could retest 167/170, View negates below 158

Dinesh_C_Nagpal Updated 

A weekly reversal is taking place in the pair chart suggesting upside of 3.45/3.60/3.70, the view negates below 3.05 The bias is Lombard could outperform Prudential in short to medium term.

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It appears to be completing its triangle in daily time frame. Breakout from this triangle could take it till 475. Accumulation appears to be happening in this zone of 420-430. View negates below 405

Dinesh_C_Nagpal Updated 

It appears to have completed its pullback and is now attempting to break above its slanting trendline. Short term resistance at 930, above that medium term targets 975 & 1025. Short term view negates below 885.

Dinesh_C_Nagpal

CNX FINANCIAL is making a H&S in hourly time frame. Below 16200 it could cover the gap at 15800

Dinesh_C_Nagpal Updated 

As per Maruti / M&M spread chart. Maruti could outperform M&M from here onwards. A retest of 9 is possible provided 8.20 is not breached. The pair chart is suggesting Maruti will rally more and fall less than M&M Pair Spreads are high risk management set ups. They are not to be done in isolation but in sync. Those not affluent with them should refrain.

Dinesh_C_Nagpal Updated 

After giving a gap down its daily chart as per Ichimoku is suggesting a retest of 1675 which also coincides with a weekly support. Large Pvt Banks appear to be seeing profit booking since Friday and Kotak Bank in particular looks weak. View negates above 1870

Dinesh_C_Nagpal Updated 

It has made a bullish harmonic butterfly in daily time frame. It could retest 950/1025, above that a new high. View negates below 865. Stock is coming into derivatives from March Series onwards.

Dinesh_C_Nagpal Updated 

LT has activated a Bearish Ichimoku C Clamp in daily time frame. It could retest 1450 provided it does not move above 1575.

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It appears strong both in the short term as well as medium term. It could test 150 (short term) and above that 165/190. For short term the view negates below 137

Dinesh_C_Nagpal

The media co owns DAINAK BHASKAR. It has given reversal signals in higher time frame suggesting 120 & then 175 as possible targets as long as it does not breach 85. It has minor resistance near 100. This is a medium term outlook based on weekly and monthly time frame

Dinesh_C_Nagpal Updated 

It has given a breakout in lower time frame suggesting 8000 as a likely level as long as it does not breach 7640

Dinesh_C_Nagpal Updated 

The pair chart is suggesting a reversal in Relative Strength from this level as it takes support near a rising trend line, suggesting Bajaj Finserv will outperform Bajaj Finance from here onwards. As per this the spread could now resume its uptrend till 1.95 and then 2.10, view negates below 1.72

Dinesh_C_Nagpal Updated 

It is showing signs of completion of a sideways corrective near its Kumo support. If it holds 357 on hourly basis it could retest 400, sustaining above it could take it till 450.

Dinesh_C_Nagpal

It continues to be on a bullish path and now after a minor pullback is trading above Weekly resistance. It could test 250 and then 275. Short term view gets negated below 227

Dinesh_C_Nagpal Updated 

It has turned from a Bearish Harmonic Bat in Weekly time frame. Sustaining below today's low 1587 would open the path for 1550/1500/1400. It faces strong resistance now at 1625, view negates above 1660