Manuadarsh

Manuadarsh

One fundamentally strong stock in the Nifty 50 Technically, it is at a good level. Let's see if there are any breakouts from here. UPL is now nearly 10% lower than its 52-week high. From Sep onwards, it traded in a narrow range. (760H and 676L)Look at the chart now; it is testing the 760 level; let's see if there is an opportunity to the upside. If the Nifty gives...

Manuadarsh

I hope the year ends on a high. We saw a lot of volatile expiries at NIFTY50. But this is going to be the last one of the year and the month we can expect volatility again. Looking at the chart, we can see that the all-time high for the Nifty50 was set on October 19th, and a clear downward trend was created when the price touched the trend line. There was clear...

Manuadarsh

Still, there is intraday volatility. The market teaches us to adjust our positions based on intraday volatility, What we've seen in the last few expiries *It is good to see the nifty close above 17050. But looking at the chart, the weakness is still there. I will make a decision after watching the 17150 to 17300 range, because the 17200–17250 range acts as a...

Manuadarsh

In this December month, we were blessed with five expiry dates. I would say that the last three expiry dates are like a roller coaster ride, highly volatile. We are entering our 4th week now, and it is a technically correction mode. Technically, a 10% drop from the recent high is referred to as a correction. Look at Nifty50 on Monday. It opened with a huge gap...

Manuadarsh

The famous Biriyani price large cap stock. The potential to give Biriyani to the investors. We all witnessed how the famous ITC meme stock shot up. after breaking out of the famous 200–220 range. Now it's back to the range. Even though we all know we are officially entering the correction phase. looking at the chart, the current level looks good technically.  ITC...

Manuadarsh

One thing to keep in mind is the difference between a crash and a correction. After a correction, the price always rises. It's important not to confuse every correction with a crash. It all about making money out of it. STOCK MARKET DROP DOWN-5% PULL BACK DOWN-10% CORRECTION DOWN-20% BEAR MAKET DOWN-50% CRASH

Manuadarsh

On Thursday(16/12/2021), we saw many banking stocks close in the red. The indices, also in red, closed above 36,500. Well, we know it's an important level of banknifty. It also important to watch how Banknifty is going to perform. * ICICI BANK, with a weightage of 5.84 percent NIFTY50 stock, is down nearly 18 percent from its recent high, making now an good time...

Manuadarsh

Well, we can skip the gap up fear. It's nice to see such a peaceful volatile expiry today between 17350 and 17150. The bottom side was beautifully respected, 17000 till now. We can say the market respects price action as well. From here, the nifty will either consolidate or break imp levels. My eyes will When FIIs start to support the market, After the US...

Manuadarsh

On Tuesday, we experienced high intraday movement, both high and low. It is good to see 17200–17250 acting as a support, but the 17350–17380 level is resistant twice. Movement frequently kills SL, and we frequently see a bounce back from the 17000–17150 level last week as well. Let's see if it continues again. At the same time, there is price action indicating...

Manuadarsh

Let's see if price action continues or not. trend line If it continues after the retest, consider entering with a stop loss. Beware of bear traps.

Manuadarsh

After creating a new high, it broke the trend line and support was taken at a good level (2300 level). It tried to move up. Only if price action shows any movement above the channel can we expect a good entry into Hindustan Unilever Ltd. Below 2300, we need to wait for the postive triggger.