MyKEYtoSENSEX

MyKEYtoSENSEX Updated 

AARTIIND : cmp : 911.35 After the significant correction from all time high level. Good base formed near 820 -850 zone. So downside limited . Closed above previous high. Rsi and mfi trending up. A falling supply trend line BO done. If it surpasses and sustains above 935 level a short term buying movement could be possible in the near term. So buy bove 935 (spot)...

MyKEYtoSENSEX Updated 

Previously all target achieved inclusive positional. CUMMINSIND : cmp : 1109.4 A rounding bottom kind of pattern has been formed in weekly chart. Closed above 1100. Making higher highs for 3 days. Buy on dips. Accumulation zone :1030-1060 Profit booking zone may be : 1128 - 1148 SL 1008/According to your risk appetite. Positionally can move 1240+ Sl 998...

MyKEYtoSENSEX Updated 

CUMMINS : cmp : 994.65 A wedge kind of pattern has been formed in daily chart as well as hourly chart. Above 1000 can go upto 1100+ RSI trending up. Buy on dips. Accumulation zone : 985-1000 Profit booking zone may be : 1018 - 1058 SL 978/According to your risk appetite. Positionally can move 1100+ Sl 958 Dclbs March Future as well as Option :March 1000CE can...

MyKEYtoSENSEX Updated 

BALRAMCHINI : cmp : 445.8 Trading near the breakout zone of 452 - 460 . If it surpasses and sustains above the level a buying movement could be possible in the near term. Making higher highs in weekly chart. RSI & MFI trending up. Buy on dips. Accumulation zone : 440-450 Profit booking zone may be : 480 - 500 SL 428/According to your risk appetite. Positionally...

MyKEYtoSENSEX Updated 

NAUKRI : cmp : 4578.65 After the significant correction from all time high level. taking support near 4200-4300 zone. After that it started northward journey. But due to geopolitical issues it again consolidating and trying to breakout on the upside. So downside limited . Closed above previous high. Rsi and mfi trending up. A falling supply trrendline as well as...

MyKEYtoSENSEX Updated 

DIXON : cmp : 4434.15 A White marubozu and bullish engulfing kind of pattern has been formed in daily and weekly chart respectively . Good base /support zone : 3975 - 4050 So downside limited. Closing above previous high. RSI & MFI trending up from lower level. Good risk reward. Accumulation Zone : 4200 - 4460 Profit booking Zone may be : 4960 - 5546 Sl 3975...

MyKEYtoSENSEX Updated 

HINDLCO : cmp : 573.75 Trading near the breakout zone of 570-580 . If it surpasses and sustains above the level a buying movement could be possible in the near term. Making higher highs for 3 days. RSI & MFI trending up. Buy on dips. Accumulation zone : 550- 575 Profit booking zone may be : 598 - 640 SL 563/According to your risk appetite. Positionally can move...

MyKEYtoSENSEX Updated 

IRCTC : cmp: 830.75 On the verge of break down. Closed below previous low. Facing resistance near 850-860 level. Closed below 50 DEMA. RSI trending down. May test 800/785 level. View negated above 858 level. Sell on rise candidate. Below 785 it may go up to 700-640 level. can take position in future and option also.820/810PE can be look after. if it opens lower...

MyKEYtoSENSEX Updated 

NTPC : cmp : 130.2 A H &S kind of pattern has been form in 2H chart as well as daily chart. Making lower lows for 3 days.. Facing resistance near 133-135 level. Closed below all important moving average. May test 124/120 level. View negated above 133.1 level. Sell on rise candidate. Can take position in future and option also. if it opens lower wait for the...

MyKEYtoSENSEX Updated 

SBIN : cmp: 498.4 On the verge of break down. Making lower lows for 3 days.. Facing resistance near 511-516 level. Closed below 50 DEMA . RSI trending down. May test 489/481 level. View negated above 506 level. Sell on rise candidate. Can take position in future and option also. FEB 500PE can be look after. if it opens lower wait for the bounce for...

MyKEYtoSENSEX

Bank Nifty may trade in the range : 38600 - 39449 Decision Range :39080 - 39161 Above 39161 : 39335/39449 Below 39080 : 38880/38624 A Inverse H & S kind of pattern has been formed in daily chart. Breakout possible above 39449. If it sustains above the level then a huge short covering possible. And it may test all time high and beyond this. Target may be...

MyKEYtoSENSEX Updated 

BALRAMCHIN : cmp : 415.3 Facing stiff resistance at 425-430 zone. Showing weakness in daily chart. RSI & MFI trending down. Closing below previous low. Weakness may extend in short term. Sell on rise . Sell @ 418-420 Target may be 402-397 Sl 428/ According to your risk appetite. Option : FEB 410PE can be look after. Disclaimer: Ideas for learning Only. Learn...

MyKEYtoSENSEX Updated 

NAUKRI : cmp ; 4406.1 After the significant correction from all time high level. taking support near 4200-4300 zone. So we can expect a bounce back from here. downside limited as well as quarterly result was good. Stock is in extremely oversold zone. Accumulation Zone : 4280 - 4450 Profit booking Zone may be : 5084 - 6070 Sl 4198 /According to your risk...

MyKEYtoSENSEX

MMTC : cmp : 57.25 A ascending scallops kind of pattern has been formed in daily chart with small gaps. As well as same pattern formed in volume chart also. after that small correction happened. now it is in good accumulation zone or may be some dips. Accumulation Zone : 54 - 57.5 Profit booking Zone may be : 72 -76 Sl 48 /According to your risk appetite. Time...

MyKEYtoSENSEX

HCLTECH : cmp : 1167.95 After the significant correction , it's trying to form Cup and handle Kind of pattern in daily chart. Can we expect this ? Good base formed near 1100 -1120 level. So downside limited. Accumulation Zone : 1145 1175 Profit booking Zone may be : 1285 - 1356 Sl 1132 Dclbs/According to your risk appetite. Positional TGT1600+ SL 1102...

MyKEYtoSENSEX Updated 

BBL : cmp: 1489.25 A bullish engulfing kind of pattern has been formed in Daily chart. Tading near the multiyear BO zone of 1488 - 1530. if it surpass and sustains above the level, a buying movement could be possible in the near term. Close above previous high. RSI & MFI trending up. Accumulation zone : 1388-1440 Profit booking zone may be 1645-1779 SL 1368...

MyKEYtoSENSEX

VOLTAS : cmp :1303.65 Trading near the breakout zone of 1330 - 1360 . If it surpasses and sustains above the level a buying movement could be possible in the near term. Making higher highs for 3 days. RSI trending up. Accumulation zone : 1300- 1330 Profit booking zone may be : 1388 - 1528 SL 1289 Dclbs Positionally can move 1600+ Sl 1267 Dclbs May take position...

MyKEYtoSENSEX Updated 

GOCLCORP : 241.05 A trendline BO as well as rounding bottom kind of Bo done near 230-233 llvl. Above 252 stock might move towards 300 ++ lvl. So keep on radar and good to grab on dips. TGT 272/288/308 SL 225 clbs Positional TGT 377 Sl 201 clbs time horizon 3-9 months. Disclaimer: Ideas for learning Only. Learn Regularly. Not occasionally.