PADMAJAMAHESHBABU

PADMAJAMAHESHBABU Updated 

Nifty next main support at 17420/17275/16962................

PADMAJAMAHESHBABU Updated 

From 2022 August trading in range between 1520 to 1720 ............. 1720/1820 acting as strong resistance ,once passes these prices, then next resistance is 2150 plus all time high.........also it is long term share with good business and with good fundamentals. (small cap one , trade as per risk involved)

PADMAJAMAHESHBABU Updated 

Bank nifty next support levels at 40337/39570/38590/38224 .........

PADMAJAMAHESHBABU

Tata Elxsi Ltd, Trading at attractive place.......... below 200 DMA , Long run share..... nearly 40% down from all time high.........

PADMAJAMAHESHBABU

Check shareholding pattern and invest for long term ( SCREENER.IN) But need lots of patience.............

PADMAJAMAHESHBABU

Grab Jubilant Foodworks at low levels and hold for long term...........

PADMAJAMAHESHBABU

ASTRAL LTD (Large cap) With good fundamentals ,Long term one............

PADMAJAMAHESHBABU

CASTROL INDIA in Double Bottom and breakout happened with volume Now price trading in pull back , Should hold 109.50 /109 for the short term targets of 114/117.50........... Trade according to your own risk ....................

PADMAJAMAHESHBABU

Bullsifh Wyckoff Events in progress, sign of strength near 367/371, Only above this SOS price will go up.............. Need volume confirmation near breakout of 345 /350.......... Trade according to you risk..........

PADMAJAMAHESHBABU

Today ( 21/04/2022) Cams Services insider trade: Acquisition of 5,000 equity shares worth Rs 30.73 lacs by director Cams Services insider trade: Acquisition of 3,426 equity shares worth Rs 21.06 lacs by designated persons Price trading in range since April first week ............ RSI is trading above 62 in day time frame chart ,which is bullish indication...

PADMAJAMAHESHBABU

Larsen & Toubro Ltd ,in impulsive wave correction........... Support zone at 1639-1595, only below this zone price might test 1411 levels ,so 1639 to 1411 zone is very good demand zone for investor..... Please give likes...............

PADMAJAMAHESHBABU Updated 

- RSI above 63(in daily time frame chart) which is bullish sign...... Closing above 780, only with volume hike will be more bullish ....... then only 5TH leg of ELLIOTT WAVE consider as in action for the short time target of 875/889 (which is previous high) Strong fundamental share ..........can trade for short term as well as for long term...

PADMAJAMAHESHBABU

Head and Shoulder ..... 382000 -1st Target, 40004.55 -2nd target..... Using this sector analysis ,we can predict our FMCG Stocks targets............ If you like the idea, please like and encourage me............

PADMAJAMAHESHBABU

HDFC BANK Nearing to its previous up ,which is very strong resistance now , only if it passes and closes above 1725 with volume, then only bullishness in stock remains ............ Rally seen due to merger news betwwen HDFC WITH HDFC BANK............

PADMAJAMAHESHBABU Updated 

Reasons for long: 1.Consolidating since 2020 ( price Between 207 to 245 ) 2. Increasing volume in this month 3. RSI indicator nearing to 60, above this price becomes more bullish and also nearing to 265.30 previous high, which acts as long time resistance, trade according to your risk........... if you like my view on ITC ,then please give likes...............

PADMAJAMAHESHBABU

- Kajaria Ceramics Ltd , Nearing to demand zone , (for both short term as well as longer time frame trade) - Price went below 1.618 fib ext. levels, so corrective structure is impulsive wave ( means 1,2,3,4,5 ELLIOTT WAVE Sequence), now 5th wave in progress, to conform this as 5th wave, one should observe a bullish or positive divergence (which occurs when...

PADMAJAMAHESHBABU

Overall trend of Nifty is positive until it holds 15431............ NIFTY, Bullish Only above 18604.45 (PREVIOUS HIGH)................ if price takes U-tern ,then another round of correction might expect which is 7 swing correction and charts naming has to be revised................so be cautious at previous high.............

PADMAJAMAHESHBABU

CAMS , with good fundamentals, FIIS increased Shareholding in Dec 2021 from 26.49 % to 30.43 % (can check in screener.in.........good for long term