Kunal-Battu

Kunal-Battu Updated 

NSE:INGERRAND There is a Breakout in INGERRAND. The prices are trading above the moving averages which shows bullishness. The stock as made new 52 week high, which is another sign of bullishness. The RSI is above 50 level which shows good bullish momentum. My view for this stock is for positional i.e. 1 to 6 months. The Target is around 2400 levels and the SL is...

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NSE:POWERINDIA There is a triangle pattern in Hitachi Energy. If the price breakout from 3650 levels then it is bullish. The price is trading above moving averages which is showing bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. If the price breakout from the triangle pattern the SL level will be 3200 and the target will be...

Kunal-Battu Updated 

NSE:ACC The price has given breakout from the ascending triangle pattern. Other parameters are described on the chart.

Kunal-Battu Updated 

NSE:ASAHIINDIA ASAHIINDIA has given a breakout and has made a 52 week high after 6 months of correction. The volume is also high on the breakout. The MACD has also given a bullish signal. The price is trading above the moving averages which shows bullishness. The RSI is also trading above 50 which shows good momentum. This view is for long term as the price is...

Kunal-Battu

NSE:ABB This stock is the perfect example of the ascending triangle pattern. The upper trendline is a horizontal trendline and the lower trendline joins the higher lows. Then the stock breaks from the triangle with volume. The MACD was also bullish and RSI was above 50 showing good momentum. This Pattern is usually considered a bullish pattern. The stock then...

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NSE:CNXAUTO I am expecting a small correction in the Auto sector. It is because the price is facing resistance on the upper trendline. The MACD indicator is showing a small divergence as the MACD Line didn't went up when the price went up and giving random crossovers. It is moving in a range but the prices went up in past one month. The same is with the RSI,...

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NSE:JUSTDIAL Justdial stock is looking bearish to me. The stock price has breakdown from the Trendline. This price is trading below the moving averages which shows bearishness. The MACD has given a bearish signal. The RSI is also below 50 which show weakness. This view is for 1 to 3 months. The SL Level for this stock is around 615 level, and the Target is...

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NSE:KSCL The prices have given breakdown from the Head and Shoulder pattern in weekly timeframe. The stock is underperforming the NIFTY from 2Y which shows weakness and bearishness. The MACD indicator is bearish. The RSI is under 50 which shows weakness. The SL is around 520 levels and the target is around 340 levels. This view is for 1 to 6 months. Disclaimer...

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NSE:GRASIM I am expecting a downside in Grasim, because the price is facing resistance near the trendline, and the trendline has not been tested multiple times so it is a strong trendline. The MACD indicator is giving a sell crossover. The RSI is also moving down indicating a falling bullish momentum. So because the confluence of the technical indicators I am...

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NSE:ELGIEQUIP There is Cup and Handle pattern in this stock. The has already given the breakout and is sustaining above the support level. The prices are trading above the Moving averages which shows Bullishness. The RSI is above 50 which shows good momentum. There is also a good volume in the past trading sessions. The Target here is 683 level which the depth...

Kunal-Battu

NSE:SBIN The prices have given the breakout from the flag pattern on the 4 hour charts. Previously the stock gave the breakout from a triangle pattern and after that now made a flag and gave a breakout. The prices are above the moving averages which shows bullishness. The MACD has turned bullish. The RSI is above 50 which shows good momentum. The view is for...

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NSE:DEEPAKNTR According to my Analysis, Deepak Nitrite looks bullish for Positional trade i.e. from 1 to 6 months. The prices are trading above the Moving Averages which shows bullishness. The MACD indicator is bullish as the MACD line is above the Signal Line. The RSI indicator is above 50 levels which shows the strong momentum. SL : 1948.20 Target 1 :...

Kunal-Battu

NSE:PNCINFRA The price has given the breakout from the channel pattern. The MACD is also bullish. The RSI is above 50 which shows good momentum. The Price has crossed from 200 DMA, and also trading above the moving averages which shows bullishness. This view is for Short term Investment i.e. upto 1 year. The SL is around 245 levels and Target is around 375 and...

Kunal-Battu

NSE:NCC I am finding NCC bullish for short term to medium term Investment purpose. On the weekly timeframe it has breakout from the trendline. The Price is above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 6 months to 1 year. The Target 1 is near 100 level, after that we...

Kunal-Battu

NSE:NIFTY I am Bullish on Nifty 50 Index for long term, as on the weekly timeframe, it has given the breakout of the downward sloping Trendline. The price is trading above the Moving Averages which shows bullishness. The MACD indicator has given a bullish crossover. The RSI indicator is above 50 indicating a good momentum. The price is just 3.5% down from all...