Garey_Singh

Garey_Singh

Bajaj Electricals Limited BAJAJELEC: The stock price had produced the breakout above 390, 412 levels successfully. Technical parameters look strong. ****TRADINGEDGE TIME-TREND INDICATOR IS BULLISH**** Higher side above 412 may extend to price levels of 444 & 460 in few days. KEEP AN EYE!! #B+ #tradingedge_academy #SMTA_Institute

Garey_Singh

BHARTI AIRTEL LTD The stock faced strong resistance from 50EMA (hourly) and closed above 100EMA (hourly). RSI is mildly bullish (moving up from 40 towards 60 level). ***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH*** If the prices are able to break the resistance level 562 with volume and CLOSES above today's high, we might see an movement to 568, 572, 581 &...

Garey_Singh

BirlaCorp The stock is consolidating in a falling wedge pattern in the hourly chart. We are likely to see a short term breakout above swing high of 537. The prices 560 & 580 are Resistances. The nearby Support is the swing low of 512. Recent bounce of RSI from 50-level suggests strength as of now. ***TRADINGEDGE Time-Trend Indicator is Bullish in...

Garey_Singh

RBLBank The stock is consolidating in a rectangle pattern in the daily chart. We are likely to see a momentum breakout above the swing high of 137. Technical parameters look positive as of now. ****TRADINGEDGE TIME-TREND INDICATOR IS BULLISH IN DAILY**** Mid-Bollinger band (118) can be considered as the nearest SUPPORT. KEEP AN EYE!!...

Garey_Singh

Reliance Industries Ltd. The stock is trading above the previous week's high and near resistance level (1598). Technical indicators are bullish. ***TRADINGEDGE TIME TREND INDICATOR is BULLISH*** If price trades above resistance level 1600 next FIB resistance is 1798 and the supoort is 50 day sma(1366) on the weekly chart. KEEP AN EYE!!...

Garey_Singh

HDFC Bank Ltd. - WEEKLY VIEW The Stock is trading above the previous week high and near the resistance level. Technical Indicators - MACD bullish crossover. RSI rising upward. Nearby resistance is 1017. If the price closes above 1017 level, the next respectable resistance is 50 day SMA(1135) and the support is 826 on weekly chart. KEEP AN EYE!!...

Garey_Singh

Biocon Ltd. The stock has given an excellent volume breakout above 365. RSI is bullish. MACD is neutral to bullish. ***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH*** Staying above Monday's high (390), the stock may continue the momentum and show further upmove. 340 might be considered immediate support. KEEP AN EYE!! #B+ #tradingedge_academy #SMTA_institute

Garey_Singh

Larsen & Toubro Infotech Limited The stock closed above the Resistance level (1842). Technical Indicators are bullish. ****TRADINGEDGE TIME-TREND INDICATORS IS BULLISH***** If the prices break today's high with volume, we might see 1975 price levels in a couple of days. Nearby SUPPORT is 100SMA on Daily Chart. KEEP AN EYE!! #B+ #tradingedge_academy #SMTA_institute

Garey_Singh

Ultratech Cement Ltd. The stock formed bearish divergence with RSI and MACD. If price trades below 3831 level, the price can test DEMAND ZONE 3700-3680. Nearby resistance is swing high 3936 on the hourly chart. Also, in the daily chart, the stock is facing resistance from 1.618 FIB level. KEEP AN EYE !! #B- #tradingedge_academy #SMTA_Institute

Garey_Singh

Larsen & Toubro Infotech Ltd. The stock has formed a DOJI candle; which indicates indecision in the current momentum. 1818- 1840 can be considered as immediate resistance and 1765 should be considered as a support. The price needs to break these short term R&S zones to start a new momentum with direction. I am tending towards the Bullish move as Technical...

Garey_Singh

Avanti Feeds Ltd. The Stock is trading with an Inside Bar Pattern for the last 8 trading sessions. Traded volume is increasing. Technical indicators are mid bullish. ****TRADINGEDGE TIME-TREND INDICATOR is BULLISH in Daily. If the price trades above Inside bar 428 next the resistance is 200DAY sma(450) and 100DAY sma(477) support is Inside bar low 397 on the...

Garey_Singh

Mahindra & Mahindra Ltd. The stock showed resilience and moved Bullish against its negative trend. Extending short term positive move price had crossed mid bollinger line. A Breakout above 450 can try to test 475- 500 (100EMA) on the higher side. Below 415 next probable support comes at 400 - 395. KEEP AN EYES!! #B+ #tradingedge_academy #SMTA_institute

Garey_Singh

Dixon Technologies DIXON is trading at 52 Week High and at the Resistance level. Technical Indicators are bullish. ****TRADING_EDGE TIME-TREND INDICATOR is also Bullish**** If the prices sustain above Resistance level 4955, a Breakout is expected. Nearest Support Level is the LOW of SUPPLY ZONE 4565. KEEP AN EYE !! #B+ #TRADINGEDGE_ACADEMY #SMTA_INSTITUTE

Garey_Singh

Vinati Organics Limited VINATIORGA closed at the Resistance level with high volume. Technical Indicators are bullish. ****TRADINGEDGE TIME_TREND Indicator is also BULLISH**** If the price trades above 1048, a Breakout is expected. Next Resistance level is 1170. The nearest support level is the low fo the supply zone (975). KEEP AN EYE !!...

Garey_Singh

MSTC Ltd. Anticipated positive move witnessed above 116 on the higher side. However, the price faced resistance from the weekly higher side & mid-bollinger band. Though the price is able to maintain a position above 50MA: 112.30 but strong positive bias had been damaged. If the price is again able to continue positive move on the higher side, then 123 - 124...

Garey_Singh

Torrent Power Limited TORNTPOWER - The stock price had breached the resistance at 320 and is trying to sustain above it. Technical Indicators are BULLISH. *****TradingEdge's Time-Trend Indicator is BULLISH.***** Sustainable trading above 322 may add fresh positive sentiment to test 325-327-330 on the up side. Nearest Support is the Middle (315) & the bottom...

Garey_Singh

AUROPHARMA Aurobindo Pharma Limited had breached prior 52 Week High 734.80 successfully. Increased volume backing the momentum. Technical Indicators are Bullish. Time-trend Indicator is Bullish. Currently, the stock is moving in a rising channel. Once it breaks out of the channel with Volume, a further upmove is expected. Swing Low of 698 is the nearest...

Garey_Singh

Thomas Cook (India) Ltd. As anticipated, a positive move was witnessed above 28 & the price closed near the weekly high. Technical Indicators are Bearish. Time-Trend Indicator is Bearish. ------->>> Even though the main trend is negative, the short term momentum might cause a Positive Move. <<<---------- Presently, 30.15 -34.85 -35.70 need to be considered as...