Piyush-Gupta

Piyush-Gupta

CIPLA was given to trade above 605.1 at 10:12 AM well before breakout based on simple trend line analysis. Below lower TF chart explains the logic and possible targets. I personally exited at 610.5 but many students waited longer and were rewarded. We also had other successful trades based on simple price action (no fancy indicator or complex chart - Grasim...

Piyush-Gupta

TCS was bullish today as it had ascending triangle pattern forming for past 1.5 months and was trying to break through. It had perfect closing yesterday for breakout. Look at the bottom charts at 5 min time frame (TF) where it was told to take buy trade at 1998 and then it gave easy 17-18 points (max move was 34 points but no one can capture end to end...

Piyush-Gupta Updated 

MFSL is forming ascending triangle on hourly TF. If breakout occurs abv 455, this can be good pick for long.

Piyush-Gupta Updated 

BAJFINANCE has been on massive decline for past few weeks and slowly building up one trend line respect. If this breaks 2115, then it can be good candidate for long

Piyush-Gupta

Marico has closed at bottom trend line of ST. This should be on watchlist for tomorrow for trade on either side depending on break down or breakout.

Piyush-Gupta Updated 

PVR is testing its low and if break 948, can be good candidate for short.

Piyush-Gupta Updated 

LUPIN along with rest of pharma counterparts is in uptrend. It has given closing at important level and it manages to close past 878 then next target is 914 in coming days.

Piyush-Gupta Updated 

MINDTREE has given breakout of mid term TL and above 788, looks good for long.

Piyush-Gupta

TATAMOTORS is forming H&S pattern on hourly TF. Once neck line is broken, can be good candidate for short.

Piyush-Gupta

HINDALCO is testing this important support line multiple times and it it breaches then can be good candidate for short below 102.5 My preferred trade on HINDALCO is short but depending on market outlook on Monday we can see it we should scalp for quick long trade.

Piyush-Gupta

BAJAJFINSV is forming perfect price action for another leg of down movement below 4328. Once broken, there is no major support.

Piyush-Gupta Updated 

NMDC has broken support line today and ready to continue its fall below 73.5

Piyush-Gupta Updated 

PEL after retracing to 61.8% level has continued is down movement. Good candidate to short below 828

Piyush-Gupta Updated 

BEL is forming H&S pattern and ready for breakout. Buy above 77.5

Piyush-Gupta Updated 

BAJFINANCE is ready for another fall as it has been consolidation after massive fall. Below 2080 it is weak.

Piyush-Gupta Updated 

Reliance is looking bullish above blue zone. It has minor resistance at 1241

Piyush-Gupta Updated 

CHOLAFIN looks bullish as it has given breakout from both TL & Resistance zone. Can be long candidate above 184.5

Piyush-Gupta Updated 

ICICIPRULI is looking bullish on hourly & daily chart.