Keshav2329

Keshav2329

So here is an analysis of another index 'SENSEX'. Let us understand price action of SENSEX in detail! (OPEN THE CHART FOR BETTER UNDERSTANDING) Firstly, if you have a look at the second last (green) candle here, it is clear that this candle was not able to sustain above a major resistance line (yellow line). Secondly, today the price shot up the major resistance...

Keshav2329

Suggested a long trade on LIC HOUSING FINANCE JUNE 1 with entry point 480 and our first target being 517. ACHIEVED OUR FIRST TARGET TODAY (JUNE 4) IN JUST 3 DAYS...!!! TARGET 1 DONE IN JUST 3 DAYS!!! 9.8% RETURN IN JUST 3 DAYS!!!!!!!!!! TARGET 2 IS ON!!! You can book some profit here and wait for TARGET 2 and if you do not want to take risk, you may book full...

Keshav2329

Looking at the daily chart of BHEL, you can see a simple price action pattern which is explained below. (OPEN CHART FOR DETAILED EXPLANATION) Firstly, it is visible that BHEL has given a brilliant bull trend from December'20. Presiding the uptrend, an accumulation phase can be seen and then a breakout form that phase caused the uptrend. Now, according to price...

Keshav2329

As the chart shows, Indian Oil Corporation has given a BREAKOUT from a 3 year old resistance. (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (111-112) Target 1: 127.50 Target 2: 144.50 Target 3: 155.50 STOP LOSS: 102 TRAIL STOP LOSS VOLUMES ARE TOO GOOD!! Risk-Reward Ratio favorable I would recommend a long swing trade. FOLLOW IF YOU LIKE THE...

Keshav2329 Updated 

Suggested a long trade on adani ports on 31st May, with entry level of 796 and target 1 of 810. TARGET 1 ACHIEVED EASILY IN JUST 2 DAYS!!! TARGET 2 IS ON!!!! 2% RETURN IN JUST 2 DAYS!!! FOLLOW FOR MORE REGULAR UPDATES

Keshav2329

Suggested a long trade on ADANI PORTS with entry level 796. (OPEN CHART FOR DETAILED VIEW) IT ACHIEVED OUR FIRST TARGET OF 810 IN JUST 2 DAYS TODAY IT ACHIEVED OUR SECOND TARGET OF 839 VERY EASILY IN JUST 4 DAYS!!!!! 5.5% RETURN IN JUST 4 DAYS!!!!! TARGET 3 IS ON!!! TRAIL STOPLOSS FOLLOW FOR REGULAR UPDATES!..

Keshav2329

Chart is pretty clear and straight here. A simple Inverted Head and Shoulder formation can be seen on the weekly charts of Excel Industries. Further, a good breakout is seen with good volumes and sustainability above the resistance point. In addition, a perfect retrace is seen and buying pressure can be seen in the last candle. The last candle tested the...

Keshav2329 Updated 

A multiple breakout of trendlines can be seen on the weekly charts of JIndal SAW. (OPEN AND EXPAND THE CHART FOR DETAILED VIEW) Firstly, the 7 year trendline, form 2014 Secondly, the 5 year trendline from 2016 (diagonal one) Thirdly, the one year trend line. from 2020 (THE THINNER LINE) Volumes too are favorable. RSI is a bit high, hence retracement can be...

Keshav2329 Updated 

A good resistance can be seen on the daily charts of Adani Ports. It can be a good buy above 796, breaking the resistance point. The volume as of now are low, but if it breaks the level of 796 with good volumes and sustains above 796, it can be a good swing trade. (OPEN THE CHART FOR DETAILED VIEW) Targets- 810, 839 and 858 SL- 770 Risk-reward...

Keshav2329 Updated 

An inverted Head and Shoulder pattern can be seen on the weekly charts of LIC HOUSING FIN. A long trade can be taken if it breaks the line and sustains. (OPEN CHART FOR DETAILED VIEW) I would suggest a long swing trade with following levels. Entry: Around 480 on closing basis Target 1: 515-517 Target 2: 550-553 (Weak target, can be broken easily) Target 3: ...

Keshav2329

A head and shoulder kind of pattern can be seen on the weekly charts of INDIA VIX, suggesting downward trend of INDIA VIX. (OPEN THE CHART FOR DETAILED VIEW) INDIA VIX is a kind of indicator/index that measures volatility in the markets. Lower/Degrading VIX shows bull run in the markets. Higher/Upgrading VIX suggests bear run in the markets. According to the...

Keshav2329

Looking at the daily charts of ASHOK LEYLAND, it can be predicted that the stock can give a 'curvy' retrace to the level of 115-116. One can look at buying opportunities at this level if there is a confirmation candle the next day after the retrace. (OPEN THE CHART FOR DETAILED VIEW). As for the immediate trend, it looks for some days till the level of...

Keshav2329

An inverted Cup and Flag Formation can be seen in the daily chart. RSI trendline suggests that it may fall in upcoming days. MACD is showing momentum, but still in negative zone. (OPEN THE CHART FOR DETAILED VIEW) AU SMALL FINANCE BANK looks weak if it breaks below the flag formation. Thanks FOLLOW IF YOU LIKE IT!!

Keshav2329

Suggested long trade for Reliance Inds on 28 May with entry point 2042. Target 1 (2140) achieved, Target 2 (2190-2194) achieved!!!! Target 2 ACHIEVED. 7.25% in just 2 days!! Trail stopl loss at 2140. Can book half profits to be safe.

Keshav2329 Updated 

A Triple bottom (encircled in the chart) can be seen on the weekly chart of Reliance Inds. RSI shows good momentum in the stock. MACD giving bullish signs. I would recommend a LONG swing on Reliance Inds. Target 1: 2140 Target 2: 2194 Target 3: 2320 (A long jump is expected after crossing target 2) Stop Loss: 1927 Note: Trail your stop loss to avoid losing...

Keshav2329

Cup and Handle formation breakout on weekly charts. Volumes not high, neither low, hence low chances of prices falling. I would suggest going long on CMP as a swing trade. (OPEN THE CHART FOR DETAILED VIEW OF THE ANALYSIS) Target 1 : 50 Target 2 : 60 Target 3 : 70 Target 4 : 76 Stop Loss : 36.5 (TRAIL STOP LOSS) Risk-Reward Ratio favorable MACD bullish RSI...