KelvinBhavsar

KelvinBhavsar

BitCoin has been consolidated for the last 6-8 months in a channel shown in the graph. As per prediction it is about to break that range and will move towards new and higher highs. As per the chart and pattern structure in this current move it can go up to 100K easily and more above levels will be unlocked after that SL must be 56k. Targets 100k - 120k Time...

KelvinBhavsar

As we all know and seen about the rise and fall of Idea stock due to AGR Dues and all other reason. Let me know your opinion about should we again hop back on idea for next set of rally or idea is going to lose all its gloery this time. IMO we have to wait till we can see a close above 12 rs on monthly time frame. It does not constitute and cannot replace...

KelvinBhavsar

#banknifty As the graph says Bank Nifty is falling like a knife and today Bank Nifty showed almost 3000 points of intraday movement also today it hit a previous trend line which is there after covid rally. there is the possibility that Banknifty can take support here. After almost 5000 points fall or 7% correct from the top. bank nifty can take support at...

KelvinBhavsar

As per chart action we all can see that TSLA is now heading upwards journey. with TSLA now, umbrella company SPACEX is also doing good in its segment and TSLA is getting better opportunity to do manufacturing and enter in developing countries like india etc. Also with Giga Factory expansion and making New Tesla cell technology with that they can use that...

KelvinBhavsar

Polycab is ready to move ahead and continue the momentum it has. India is growing as a consumption market; the most basic consumption is home buying and home decoration. Cables and wires are essential and aggressive industries. So as per momentum right now Polycab is priced at 7050 target would be of 7700-7900 with SL of 6750. It does not constitute and...

KelvinBhavsar

Hello guys here is a bullish view and some technical analysis on nifty50. As per the trend, we can see that a bullish pattern has been formed in the nifty chart, and if we consider that it will go up the same as its previous leg the target is coming near 30k so whoever is thinking that it is taking time to bear please have some more patience guys and be with...

KelvinBhavsar

As Stock gave a breakout and also sustained and close above the previous close also approaching a new range (ABove 2000) we can see a good 8-10% move in the coming 3-4 weeks. SL should be kept at 1930 and targets are 2140-2180. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial...

KelvinBhavsar

The chart says JUBLFOOD is ready to make a new ATH in a few months. Even with a falling market it is kept resilient and maintains its buying momentum The short-term target is 720 while the long-term target is 880-950. SL must be 650. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial...

KelvinBhavsar Updated 

Asian Paint has been in the range-bound zone for the last 3 years almost and now all the bad is said and done for this stock. As all know it is one of the greatest companies of Indian listed companies after closing above 3100 in a monthly candle, the stock is ready to rally to its all-time high in the next 6-8 months or shorter time.

KelvinBhavsar Updated 

Bandhan Bank is the last bank to move after the Covid rally, it is also right now around the Covid lows but as per the charts, it has formed a trendline( downward slopping trendline). As the chart says it is on the verge of the Trendline break-out Right now it has closed at 237 , with 227 SL it can first go to 272 after breaking the downward slopping...

KelvinBhavsar Updated 

Axis Bank is on the verge of a multi-year trendline, which is been followed by it from its inception. as you can see in the chart and can easily find that, Axis Bank is also a stock that follows Darvas box theory very well. As per Fibo retracement shows the next level (Target) for Axis as 1500 around. it can reach there in the next 1-2 quarters. or till the...

KelvinBhavsar Updated 

Not bearish on Tata Motors ( Btw how can be bearish on a stock that made ~11x return in 4 years that to being LargeCap ), just update on the stock that it can face resistance of the trendline around 980-1010 levels. So to all the guys and girls having TaMo in portfolio time to book profit and again when it is around the 700-600 range, you can reenter. Thanks, Bye!!

KelvinBhavsar Updated 

TATA MOTORS is looking weak as per its daily chart it is getting ready to go down from 1080-1100 levels to around 970-925 around Disclaimer: All content on this site is for informational purposes of a general nature only, and does not address any circumstances of any particular individual or entity

KelvinBhavsar

as you can see from the chart nifty is respecting the support area it needs to break the zone in the hourly frame for a new down move.

KelvinBhavsar

As we all know metals and some minerals stocks work in cycles, as per chart and price actions all metal stocks are ready to fire up again, and from all those Tata Steel is a good name to bet on. current price is 142. we can add up to 136 with SL of 128. this can reach 180-200 in the next 6-8 months.

KelvinBhavsar

RBL Bank is giving the signal that it is going to break out now and also can give very easy and significant rewards against the risk it has As we can see it has closed first time above the after-COVID highs and we can see with every other stock that if the stock is moving higher than its Covid high or after the Covid high it is getting ready for a massive rally....

KelvinBhavsar

So here is the story of a stock that would have made me a millionaire 4 years back(but I am still a common man that's another story for another day). Yes Bank is now getting charged and is perfectly in shape as per its monthly chart and as I see many stocks did in history once it broke out after long consolidation and after that if they continue the rally with...