NeeteshJain

NeeteshJain

It is been a while that the price action is been consolidating and now expecting a big breakout. I believe it will be a good move to ride on and I'm posting it now to keep a track on it.

NeeteshJain

A good strong red candlestick breaks out from a strong support level signals a bearish momentum. Good time to short with expected target 560 SL 570

NeeteshJain

From current price action levels, this may go up or down massively. It is a ideal time to build a position in this as it is at the minimum risk. Starts small and build up slowly.

NeeteshJain

The price action broke previously held support levels of 73-73.50, now it may reach out to next support levels at around 70-69. Good time to short with stop loss of 75

NeeteshJain

Buy at breakout with stop loss 165

NeeteshJain Updated 

Just breaking out from a consolidation, expected to reach 506-507 and make a double top at the resistance level Intraday gain expected 3-4 SL 497 (3-4) Risk Reward: 1:1

NeeteshJain

The price finally broke out from the support levels and now that support levels are acting as resistance. I believe it is a good time to short it the current level for the target of 46.50 SL 47.25

NeeteshJain

The price action has just completed the previous Gap and now it may reverse from the current levels and moving up to reach out for 49 levels again. If it breaks out from current levels, then we might see 46 levels. Take a good watch and it is ideal time to get it at minimum risk.

NeeteshJain Updated 

Either we break through this trend line (marked in bold blue) or we reverse from current levels. Keeping a close check.

NeeteshJain

Mahindra breaks out of a good consolidated range on hourly. Looking forward for a close above 1488 to confirm a daily breakout of the range.

NeeteshJain

After two weeks of correction, this week Tata Steel has broke out and closed above 378 levels and confirmed the bullish trend. Now, it will continue its uptrend and will reach to 430 levels which is the next resistance point.

NeeteshJain

It is been 4 weeks that the price action is been consolidating in the range of 223-233. I have observed that there is RSI Bearish divergence and MACD Bearish Cossover at this time but the trend is still up.(As you may see Green MACD's below in indicators) and also the price action is above 20 SMA that also signals uptrend. Next Week, best time to take...

NeeteshJain

The price action is been consolidating for past four days in the range of 120-124 (3-4%). I'm expecting a breakout next week with a big move. It will be interesting to see whether the price action breaks 124 levels and reach out to the previous high at 136 or whether the correction continues and the price action breaks 120 levels and reach out to 115-116 levels to...

NeeteshJain

As shown on charts, the weekly downward trendline has been broken with strong price action and now we might see the target 1 at 38000 and target 2 41300 with stoploss of 33500

NeeteshJain

After making new lows and highs, it seems bullish and uptrending. It is expected to break out from the rectangular consolidation. Keep a close watch on it.

NeeteshJain

Targeting retracement level of 61.8 which also previous support level at 51.46. Stop Loss 49.50. It is also been observed that now the price action is trading above the 20 SMA, shows bullish signs.

NeeteshJain

Target 567-69 Stoploss: 555 Recommended to Book partial profits once it may reach the targets.

NeeteshJain

Breaking out from previous support signals a sell for now to target 1320