Piyush-Gupta

Piyush-Gupta

String above 367 for intraday. If give good closing on daily basis then next resistance is 392-94 followed by 410 Thanks Piyush Gupta

Piyush-Gupta

All explanation highlighted on chart. Resistance around 52.75 which should be crossed on Monday to continue up move. Thanks Piyush Gupta

Piyush-Gupta

KOTAKBANK like SBI BANK is witnessing reduced seller grip. Above 1403-05 is it good. For any positions for to be carried forward to next day, it should close above 1405 Thanks Piyush Gupta

Piyush-Gupta

All levels mentioned on chart. Entry above 242 only. Simple simple process to find high probable trades and always follow risk management. Thanks PIyush Gupta

Piyush-Gupta

ALL LEVELS MENTIONED ON CHART.

Piyush-Gupta

WEAK BELOW : 674 (Watchout for Fibo support at 670) FOR SAFE TRADERS : MORE WEAKNESS BELOW 668 (below Fibo support) If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need. Reach out if you wish to learn simplest form of price action and willing to put...

Piyush-Gupta Updated 

SUPPORT & RESISTANCE ANALYSIS:- NIFTY is trading at very important level and it trying to break resistance line running since "All Time High" (ATH) - highlighted in red colour. Also there is support line running since recent low of 7500 levels - highlighted in green...

Piyush-Gupta

BAJFINANCE can be considered weak unless it crosses 3300 levels. For intraday perspective, if it trades below 3150, then it has no nearest support till 3120 (T1). T2 & T3 levels are marked in chart. As BAJFINANCE has good co-relation with NIFTY, trend in coming days will also govern its move. Thanks Piyush Gupta

Piyush-Gupta Updated 

BALKRISIND has given BO from year long TREND LINE and looks bullish above 1028 with 1050-52 as next resistance. Keep this in radar for Monday along with GRASIM. FOR MORE INTRADAY RECOMMENDATIONS & CHARTS REACH OUT. Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on...

Piyush-Gupta

GRASIM has given breakout from 8 month TREND LINE and closed very near to horizontal resistance line around 636. If this trade above 637 (643 for safe trader) in Monday's session then it can give good move in intraday. If this good closing on Monday then around 680 is next big resistance and it can be possible positional target. Please note NIFTY trend is...

Piyush-Gupta

RBLBANK is forming multi factor confluence for multiple Trend lines along with Cup & Handle pattern which shows bullish nature post breakout zone of 188-190. Immediate Breakout stands at 188 but safe traders should wait for 190 levels where true breakout from all the below factors will be reached. 1. Cup & Handle Pattern (Yellow) 2. Blue TL running since May' 19...

Piyush-Gupta

PIDILITIND has given bullish breakout along with good volume today from a trend line which is running from March'20. Above 1445 this should be a good momentum for long run. Kindly track NIFTY as well to ensure we have trend along with us which will further increase our probability of setup. A simple price action study of NIFTY suggest along with Fibonacci that...

Piyush-Gupta

This chart is for demonstrating how each stock have its own characteristic and study of past behavior of stock can greatly help us its momentum in future. SBICARD has followed a series of flag patterns and breakout which witnessed volume spike and then consolidation. Over repeated pattern formation, SBICARD is slowly fading out as height of its move is gradually...

Piyush-Gupta

VOLTAS has closed at breakout level and looks bullish abv 582 (small hurdle at 587). Looking at previous history of VOLTAS, this stock move well after confirmation of BO. So this should be on radar for next few days and if it sustain abv 582-87 then it should show good movement. Price action trading is a process of using price to analyze stock possible...

Piyush-Gupta

1. M&M gave a strong breakout from 2 year long trend line in June'20. (YELLOW TL) 2. Now it has closed very near to breakout of horizontal support lines running since 2014. (PINK LINES) 3. Above 580, it has one hurdle running since Feb'19. For tomorrow above 575 this is good but 580-82 is next hurdle which if it manages to cross and hold then there is no stopping...

Piyush-Gupta

MPHASIS has given closing just about important long running TL since Feb'19. This TL was respected 6-7 times in past making it very critical. MPHASIS should be bullish above 933 (936 for safe trader). Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most...

Piyush-Gupta

EQUITAS, has given breakout from 3 month ascending triangle formation. Horizontal line which acted as resistance in past has now acted as support and it looks bullish above 60.5. Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart...

Piyush-Gupta

TATAMOTORS gave breakout of 1 month long TREND LINE and is now performing a "Pullback & Continuation". Above 109.2 this looks good stock for bullish momentum. If market sentiments in coming days are positive then this will be one of the good trades for both Intraday & Swing till T1 - 116 Price action trading is a process of using price to analyze stock possible...