Makgopro

Makgopro Updated 

Support and Resistance Levels: The Bank Nifty recently touched a crucial support level at 43,500. This bounce off support indicates that buyers are stepping in at this level, reinforcing its significance. The next resistance level stands at 44,700, implying a potential upward movement. Saturation and Pre-COVID Levels: A positive aspect is the saturation level...

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1. Most volume dried up with bad quarterly result give no bright optimistic future for this chemical stock 2. Company invested in Capex , which is a good sign but wont see any near term profit for next 1-2 years. 3.If the trend line breakout come price can go Rs 320 which seems unlikely. 4.Consolidation stage expected for next few quarters. 5.Will update when...

Makgopro Updated 

Trend reversal according to charts and multiple confirmation 1. Anticipation and 3 years of side ways pulled off major bull run, banknifty will take a breather. 2. Long term chart indicates resistance points as marked on chart 3. Fed meeting ahead will lead to conflicting scene among both Dow and nifty 4. Traders can start taking short positions . 5. 44500 to...

Makgopro Updated 

Ok this analysis is my 4rth about LXCHEM from which i made a good return after its IPO DEBUT Had got huge quantity at around 220 INR AND SOLD AT 500 ABOVE . Now as I wanted to reenter the stock , so here's my analysis 1.As the company has been shut for close to a month during sep quarter , the results will get affected . 2.Last quarter results are also not...

Makgopro Updated 

1.Technical Analysis:- The technical analysis of Bajaj Finance's stock reveals positive indicators. The recent breakout in the bullish wedge pattern and the long-term bullish flag pattern suggest a potential upward momentum in the stock price. 2. Price Breakout and Long-Term Support: The stock has taken long-term support, indicating a potential...

Makgopro

1. Crucial Level of 18000: The Nifty index has tested the crucial level of 18000 multiple times. When a price level is repeatedly tested and holds, it often indicates strong support. The fact that the Nifty has sustained above this level for about seven times suggests a bullish sentiment in the market. 2. Market Sentiments: The relaxation of interest rates in the...

Makgopro Updated 

MULTIPLE FACTORS IN FAVOR 1.Upcoming result 2.Getting added to nifty 50 3.Bullish wedge pattern breakout 4.Open interest accumlation \ all supporting 5000 above break out .

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Interesting quarterly results came . 1. As expected due to global issues results were affected , 2.Profit declined quarterly and marginally increased yearly still this major fall came due to order book . 3.Still this price action comes as a blessing for investors and even for swing traders 4.The price has come in a demand zone , 5.Short term price...

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BREAKOUT BULLISH WAVE Just updating cause a breakout is expected from the price movement i see. The results came out which were not good but i expect the company to show a breakout from bulling wave pattern .

Makgopro Updated 

OK THIS is my second analysis after fairchem , for which i updated when i sold . The IT sector as a whole down due to external circumstances , No internal issues in almost all the it companies. Considering this opportunity to invest or even trade for short term gains . I prefer mid cap which has better safety against sell off and higher profit percentage...

Makgopro Updated 

My 3rd analysis on LTTS 1. No internal issues , price corrected cause of external issues. 2. Around 40 percent low from 52 week high. 3. Buying opportunity for SWING TRADERS AND LONG TERM INVESTORS. 4. The price has formed a clear CUP nd HANDLE pattern , anear term breakout is expected 5. Breakout can push the price to a resistance level of 4600 and above.

Makgopro Updated 

Been adding this company share for a while now 1 year or so . Going to be invested for long time , The thing I observed here is another good breakout is right on the verge . 1. 4 times resisted 2100-2200 price range , now coming back 5th time with the backing of excellent result. 2. As marked in charts breakout is due as it it regularly moving in upper band...