Garey_Singh

Garey_Singh

Tata Steel Ltd. The stock is consolidating in a symmetrical triangle pattern in the daily chart. Technical indicators are neutral. Time-Trend indicator is Bearish. If the prices give the downward breakout fromt he triangle, the prices might swiftly move to 254 in couple of days. However, it is likely to see breakout above swing high of 290 levels and the...

Garey_Singh

VIP Industries Ltd. The stock is consolidating in a channel. Technical parameters look bearish as of now. Time-Trend is Bearish as well. However, I am midly BULLISH #gutstory The recent volume buildup suggests positive momentum in the stock. Breakout to take place above 230 level and further momentum to take place only above swing high of 238. The breakout...

Garey_Singh

PVR Ltd. The stock is BEARISH in the MONTHLY timeframe for almost 4 months. It retraced back to 61.8% Fibonacci Level since inception & faced a strong Support. It bounced back closed in between the convergence of 61.8% Fib Level (all time) and extended 1.618 Fibonacci Level of the last high swing in Monthly timeframe. This bounce from the monthly support zone...

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Dr. Lal Pathlabs Ltd. The stock gave a breakout from Symmetric Triangle Pattern and is trending sideways near resistance level (Low Bollinger Band) of 1512. Time-trend indicator is BEARISH in hourly and daily timeframe. RSI is below 50 and MACD is weak as well. If the prices break the Support level (1512) with Volume and conviction, we might see 1460 in few...

Garey_Singh

Sun Pharmaceutical Industries Ltd. The stock has broken out of a flag pattern consolidation on 21st May and the following candle showed buying conviction. RSI & MACD are bullish. Time-Trend Indicator is BULLISH. Staying above 454, it may move towards 485 swiftly and then to the swing high of 504. KEEP AN EYE!! #B+

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Bajaj Finance Ltd. The stock is moving in a fallngWedge channel. Time-trend Indicator. Daily RSI & MACD are Bearish as well. However, we can see a positive divergence formed by both RSI & MACD. The compression range in a falling wedge is becoming smaller & smaller. If prices sustain above 1865 (i.e. Friday's low), an upward move to 2100 is possible. KEEP AN EYE !! #B+

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AUROBINDO PHARMA - BULLISH INDICATIONS RSI - ABOVE 70. TE TREND INDICATOR - BULLISH IN HOURLY & DAILY The stock looks very strong and has broken out of consolidation by breaking 700 price point with Volume. Thursday's low (700) & price level of (660) are important supports. Once it breaks the previous target of 750, it may move towards prior high zone of...

Garey_Singh

HDFC Bank Ltd. The stock is in moving in a downtrend from last 3 weeks. RSI & MACD looks bearish. Time-Trend Indicators are BEARISH in Daily & MONTHLY. From the swing low (810) we saw a upward pullback from 846 (61.8% FIBONACCI pullback) that is still acting as a strong support. Staying above 846, it may go to 909 (mid bollinger band). Below (810-795) levels,...

Garey_Singh

Axis Bank Ltd. The stock is weak. 327 is an important support (78.6% Fibonacci pullback). RSI & MACD weak. Time Trend Indicators are BEARISH. Sustaining above 362 (61.8% pullback), it may see a pullback towards 50% Fib Level (393) and then Mid-Bollinger Band (405). Below 327 it may swifty migrate towards 25 March low 286. KEEP AN EYE !! #B-

Garey_Singh

Cadila Healthcare Ltd. - BULLISH The stock has broken out of flag consolidation with decent volume but yet to see the conviction in buying. 337 is an important support. Once it breaks the 352 price point, it may move towards 374, 387, 400 price point swiftly. RSI 50+ & MACD showing bullish crossover. Time Trend indicators are BULLISH in Daily and Weekly timeframe.

Garey_Singh

Cipla Ltd. The stock made a bullish green candle last week. RSI & MACD bullish in weekly chart. Time Trend is Bullish in Weekly and Monthly timeframe. However, the stock is at a long term resistance, sustaining above 640, it may move towards 675-745 (prior swing highs).

Garey_Singh

ASHOKLEY - WEEKLY- INVERTED FLAG PATTERN Stock is bearish in Weekly and Monthly timeframes. From last 3 WEEKS, the prices have been facing Resistance from (51.90) and the LOWER-Bollinger band has been acting as a SUPPORT. If the prices break (43.50), the next support is 39.75, 36.0 & then 33.10. KEEP AN EYE !! #B-

Garey_Singh

State Bank Of India - MONTHLY VIEW The price is approaching an important support of level of 140-145. This has been a long term support. the stock has bearish RSI & MACD in monthly chart. Below 140 next long term support comes near 2009 low 90. KEEP AN EYE !!

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KOTAK MAHINDRA BANK The stock is moving sideways in Daily charts. It has given a breakout from Triangle pattern in the last week but the conviction in the following days was not strong to break the 1110 Support barrier. Technical Indicators are mild Bearish. Time-Trend tools is Bearish in Daily and Weekly timeframe. Also, there has been a noticable writing of...

Garey_Singh

HCL Technologies Ltd. The stock price is trading with a positive bias within a pennant formation. 540 needs to be considered as immediate resistance for the price. The Breakout can lead the price up-side to test 565. On the lower side 515 - 510 - 500 zone needs to be considered as support. The breakdown can cause a temporary reversal. KEEP AN EYE!!

Garey_Singh

Infosys Ltd. There is no proper direction in the price momentum which continues consolidating within a rising channel. Technically, the price has breached 5MA:680 and has closed near the weekly high. 701 needs to be considered an immediate resistance. Above that 720 - 733(50MA) need to be considered as the next possible hurdles. 680 - 653 -646 may act as...

Garey_Singh

The Federal Bank Ltd. Today closed at 39.30, the stock has given a downward breakdown (below 40) from the Inverted Flag pattern. Technical parameters look weak as of now. Time-Trend Indicator is bearish as well. Sentiments Buy 28 % Sell 72 % Derivative Option OI Maximum Call @50 (Resistance) Maximum Put @40 (Support) It is likely to see more breakdown if...

Garey_Singh

ITC LTD. The stock has given an upper side breakout above 182 from the WEEKLY INSIDE BAR PATTERN. Technical Indicators are Bullish. Time-Trend Indicator is Bullish. Sentiments Buy 89 % Sell 11 % Derivative Option OI Maximum Call @250 (Resistance) Maximum Put @180 (Support) There is a strong supply zone at 192.5-195. Once this zone is broken by Volume or...