KelvinBhavsar

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

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

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

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...

KelvinBhavsar

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...