Novicetrader2015

Novicetrader2015 Updated 

ICICI in on the confluence of 2 long term Trend Lines. It can give good upside move in coming days

Novicetrader2015 Updated 

DLF has rallied almost 100 points since 1st week of December. This could be re-test of the resistance zone or a sign of fall, crucial level. If gives closing below 265 then can fall to 240, 210 levels. On the flip side Daily candle close above 275 will se target of 295-300 in no time. Important 1-2 days for this stock

Novicetrader2015 Updated 

Indusind Bank has been rising in a channel since last year. CAn consider this for short and long trades - Intraday. Any move beyond this channel will be sharp and decisive.

Novicetrader2015

Stock has broken its long term Trendline. Good for swing if closes above 615 on Daily candle

Novicetrader2015 Updated 

Reliance filled the gap it had created on 27th January supported by great volumes. If it doesn't open huge gap up tomorrow can consider it for target of 2000 in coming days

Novicetrader2015 Updated 

Shriram Transport has broken long time resistance zone. Let the weekly candle close above Trendline, post which can be considered for 1500, 1600 levels also.

Novicetrader2015

Granules looks weak !! Stock has broken TL and has taken rest at Support Zone. IF it doesn't bounce from here and goes below 315 be ready for targets of 302, 283

Novicetrader2015

HDFCLIFE is a fundamentally quality stock and is giving 3rd opportunity to be added in portfolio if missed in November and December. After making Inverted Head n Shoulder in November and rising to life time high ,stock tested the rising Trendline(purple) in December. Now again stock is falling to test the same TL. It can fall up to 657..647 levels in a day or two...

Novicetrader2015

Bajaj auto has been running even in Bear market. If closes above Trendline on Daily time frame can be considered for swing. Safe above 4250. However if closes below 4000 then will achieve 3800-3750 in no time

Novicetrader2015 Updated 

Aurbindo Pharma broke 4 year resistance in Aug'20 however retraced. This time too it has broken same resistance and forming inverted HnS. Can be considered for long if breaks TL successfully 2nd scenario - Stock can come back to 905 levels of support and then again bounce back. Keep an eye in coming days

Novicetrader2015

BEML is forming a Descending Triangle. In a day or two stock can give break out on the upside. Target - 1040, 1050

Novicetrader2015

Stock is at TL resistance which is also 0.5 Fibonacci level- If stock respects TL on Monday, target levels of 125 - 124.5

Novicetrader2015

Break-out and pullback done by the stock after breaking Weekly Trend line. Stock will fly above 1818

Novicetrader2015

Watch out for coming days. If doesn't bounce of the Trendline can go up to 950 levels

Novicetrader2015 Updated 

ITC on the verge of TL break out which is respected since 2019. Stock has seen good volumes during recent uptrend after forming double bottom in March and October' 20

Novicetrader2015

Jubilant Life Sciences has risen after breaking horizontal resistance and forming inverted Head and Shoulders..looks good for swing. Consider for long if weekly closing above 1005

Novicetrader2015

Stock has taken rejection from TL extended from last year. Can be good candidate for short in coming days

Novicetrader2015

Graphite India is trying to break the resistance zone after breaking long term Trendline in December. Good for swing above 340 for a target of 384 easily