WEEKLY OUTLOOK ON NIFTY If nifty crosses above 16800 and sutaining, we can see 16990, 17100, 17320, 17480 16650 below we can expect gap filling at 16360.. In case of breaching 16300(strong demand zone), we can see 16070 which would act as strong support Range for this week 16100 - 17320
veto switchgears buy above 103 Sector : Electric equipment sl - 80 Target - 114, 125, 136 Expecting good results in this quarter
Sector - petrol chemicals Stoploss - 310 Target - 362/378/395 Time frame (2-4 weeks)
Channel pattern breakout and retested Buy Lupin Sl - 605 Target - 635, 648, 662
Trading in the channel pattern Breakout above 101 Buy above 101.50 Stoploss - 94 Target - 109, 116, 120 Time frame 1-2 week
Nifty gave closing above 50DMA and gave short-term trend breakout Sustaining above 16300 will lead to further rally in nifty towards 16650 and 16790 In-between supply zone 16445, 16580 Possible to test 16150, 16025 level once, which could be seen as buying opportunity Broad based Weekly range 15800-16800
Sansera engineering - buy Sector : Auto ancillaries Pattern breakout and re-test completed Stoploss - 650 Target - 721, 768, 808 Time frame - (1 week)
Negative trend continues with 3rd time rejection on the trend.
Sansera engineering trading above 50 day moving average, flag breakout given.. Pole target 903
LUX INDUSTRIES 61% fall from 52weeks high SWOT analysis on LUX (Strength ) - High growth stocks with promoters increasing shareholding - Promoters increasing shareholding QoQ - Rising Net Cash Flow and Cash from Operating activity - Company with Low Debt - Annual Net Profits improving for last 2 years - Book Value per share Improving for last 2 years - Company...
Conservative traders buy above 294 Or accumulation zone - 240-250 Target - 350, 430
On the daily time-frame, the BTC trend has formed a descending channel pattern. BTC holding above $18,000 will lead its momentum towards $25,400 and $29,000 as the trend seems to be bullish reversal. The next key support for Bitcoin is expected at $14,000 in case of breaching $18,000 below.
SECTOR: Auto Ancillaries Positional buy zone 120-130 To double the return with low risk