NeeteshJain

NeeteshJain Updated 

It has been observed that the price action trading in a range for a while and now it has again reached to the bottom of range where a revival is expected. Once closes above 56 levels then it shall further rally up. T1- 58 T2-60 SL-54

NeeteshJain Updated 

It has been observed that the price action trending downward for past few months and dropped from 290 to 230 levels. Now, the price action breaking above the downward trendline which will indicate a strong buying pressure and buyers comeback. Once it closes above 243 levels then it shall confirm the upward rally from here on and every dip shall become a buy. T1-...

NeeteshJain Updated 

It has been observed that the price action consolidating after reaching to new highs and now it is breaking above it indicating a further move up to new highs. T1- 1050 T2- 1080 SL- 1015

NeeteshJain Updated 

It has been observed that the price action trending down since one year from 180 to 140 levels. Now, it is breaking above the downward trendline indicating a bullish and a strong move ahead. T1- 146 T2- 152 SL 138

NeeteshJain Updated 

It has been observed that the price action bottoming out as it formed an exhaustion candle stick at support zone, indicatng sellers exhaustion and now it breaks above the downward trend line indicating buyers comeback and it shall further rally from here on if it manages to close above 1000 levels. T1- 1050 SL-990

NeeteshJain Updated 

It has been trending down and now breaks above the downward trendline indicating a buyers come back and further up movement in price action. It is a fundamentally strong debt free company with consistent growth in earnings. T1- 1600 SL- 1300

NeeteshJain Updated 

It has been observed that the price action trending in a down rally but now indicating a reversal due to Bullish RSI divergence, where RSI forming higher high and price action forming lower lows. Now, it shall further move up to the bigger downward trendline at around 640 levels. T1- 610 T2-630 SL-572

NeeteshJain Updated 

It has been observed that the price action breaking above previous resistance zone of 1250 levels indicating strong buyers coming back and taking price action further up and above the resistance zone. T1- 1275 T2-1300 SL-1225

NeeteshJain Updated 

It has been observed that the price action corrected sharply from the 340-320 levels and deeply went down to the previous support zone at 200-210 levels where now buyers coming and volumes increasing. Overall, indicating an upward move ahead. It is a sound company fundamentally with profit growth of 43% for last 5years. Currently, trading at low P/E. T1- 270...

NeeteshJain Updated 

It has been observed on the daily chart that the price action rebound on the strong support zone of 38-39 previously and now, it has done it. It is indicating a good buying at those levels and now it shall boost this rally further up. As per fundamentals, It is trading a low P/E and below its book value which is another good value addition for buyers to initiate...

NeeteshJain Updated 

It has been observed that the price action was trending down for a while and now reached at the strong support zone and formed a double bottom indicating a strong reversal from current levels. T1- 150 SL - 95

NeeteshJain Updated 

It has been observed that the price action firstly formed a bullish inverted head and shoulder chart pattern and now it breaks above the consolidated symmetrical triangle indicating a new rally to upside. T1: 430 T2-440 SL410

NeeteshJain Updated 

It has been observed that the price action breaks above the consolidation triangle indicating buyers comeback and further move up. The company is fundamentally strong and sounded. Key Ratios: Market Cap: 2500 Cr. P/E: 11.65 CMP/BV: 1.53 times Debt to Equity: 0.24 times Operating Profit Margins: 10-12% ROE: 14.75% (Resources: screener.in) Short Term...

NeeteshJain Updated 

It has been observed that the price action dipped below the book value of the company, which is providing a good opportunity to buy as an undervalued company at discount of 20% from its book value. The price action dipped due to the recent down turn in the realestate market due to Government policy changes in recent year like Demonetization, GST and other. But the...

NeeteshJain Updated 

It has been observed that the price action was deeply pushed down without much change in the fundamentals of the company. It may just be called as healthy correction and now the correction reached to a strong support zone which has been previously tested, therefore there is high possibility that the buyers will come at current levels and will further control over...

NeeteshJain Updated 

It has been observed on the daily and weekly chart that the price action corrected heavily from the high levels and now reached to the previous resistance which now acting as strong support zone. Now, it showed strength on the support zone which is indicating that buyers are coming and taking control over price action and shall further resume the previous...

NeeteshJain Updated 

It has been observed that the price action was consolidating at the support levels and now it breaks above the consolidation indicating buyers coming back strongly and pushing prices up. T1- 261 T2-268 SL 248

NeeteshJain Updated 

It has been observed on the daily chart that the price action continuously dips down for last one week and now in last two trading session, we have noticed a turnaround in price action which is a signal of a bounce back or a detouring of price action as buyers take over the pilot cabin. Now, a positive movement can be seen to 1100 levels if the price action closes...