Piyush-Gupta

Piyush-Gupta

NATURALGAS is bouncing from its long term support zone of 265. On the daily TF, it is forming bullish candle and provide a healthy RR setup. This is positional setup with entry at current level 270, SL as 250 & targets of 290, 300, 320 Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

ULTRACEMCO has broken its long term resistance at 7050-7100 and for last 2-3 days have been consolidating. This has breakout zone of 7310 which is also minor resistance from past. This is good Intraday opportunity above 7310. Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

156-157 level has been very important for RBLBANK as it has acted both support & resistance for it in last 2+ years. Daily/Weekly closing above 157 can help this weak stock scale new heights for the short term. Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

MUTHOOTFIN has beautiful support/neck line at 950 level which if broken can result in down move. Stock has formed inverted cup & handle pattern as well. Entry below 950 Earning from stock market is only possible with proper knowledge, practice & hard work. Anyone who seek shortcuts will only lose their hard earned money. Idea posted is for educational purpose...

Piyush-Gupta

Beautiful Cup & handle formation over 4 years by PCBL. This is good positional pick with entry at 138+ (Day Closing Basis). Target 1 of 160 has been marked. Good possibility of pullback after Target1 to neck line and post that further up move is expected. Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

CONCOR has given a strong breakout from mid term Trend line resistance and closed near to horizontal resistance. Above 717, this looks bullish for 730 (intraday) & 750 (positional) targets. Positional SL is 697 Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

BATAINDIA was making lower high since Nov'21 and it has finally broken TL created through these LH today. Best part is that it consolidated few days near TL which is always good sign. Lets hope it gives daily closing abv 1900 tomorrow. Meanwhile this can be traded intraday. Entry@ above 1905 Risky traders can take position at 1895 Positional carry only if closes...

Piyush-Gupta

TATAELXSI is looking good at current price of 8485 for target of 8700/9000 in coming days. Stop loss for the trade can be 8270 (day closing basis). Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

Options (Index & stock) have been double edged sword. In the hands of experienced traders, it has resulted into multi fold growth of capital but at the same time for beginners or new traders, it has been capital killer. Over the last 5 years, I have had opportunity to speak to hundreds of traders most of which have lost their hard earned money by trading options....

Piyush-Gupta

NIFTY in last one week has moved in Flag pattern. Great thing to observe is that all the Flags have moved almost 5%. Last Flag breakout is complete now as required length of pole move is achieved and coincidently NIFTY is standing at important resistance of 16650. It will be difficult for NIFTY to break it without any consolidation. 16400 is now strong support...

Piyush-Gupta

1. Flag Formation in hourly time frame highlighted in yellow color. 2. Short term Trend line will act as resistance for BNF tomorrow if this opens below 35300. Highlighted in blue color. 3. 35300 should act as support in case of gap up. 4. In case of gap down, next support is 35140, & 35000. 5. On the up side major resistance are at 35550 & 35810. Thanks Piyush...

Piyush-Gupta

1. NIFTY has formed a falling channel in last 4 months and it has given breakout from it. Channel highlighted in blue color. 2. On hourly time frame, it has formed a Flag pattern which has given breakout on 15July. Flag pattern highlighted in orange color. 3. 15900 has now become a strong support. 16000 is also a psychological level and key support. 4. 16230-40 is...

Piyush-Gupta

Bullish above 35300, Target 35550. This will work best if this opens flat around blue TL and move up. Bearish below 35100,Target 34830. This will work best if BNF opens flat to little positive or around 35300 and move down. Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

NIFTY has been following most key levels in last few days. All major/minor support resistance were respected. NIFTY looks bullish above 16030 for gap filling. Target zones are 16085, 16175, 16230 For more details & other charts, check signature Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

1.Opening around 33700, can make BNF move downward (Range area). 2. Too deep gap down opening (below 33440), wait for some retracement. 3. Some support will be 33180 zone Thanks Piyush Gupta Learn & Earn

Piyush-Gupta

BANKNIFTY followed the levels shared yesterday and once it entered bullish zone, it moved to next resistance. 1. 34140 is key level and BNF should spend time at this level for any upside. (just like it did today at 33750) 2. If this opens around 34100, higher chances of falling down. 3. Any gap down opening around 33750, will give us best opportunity for...

Piyush-Gupta

Key levels mentioned in chart Any gap up opening in bullish zone, wait for retracement to 33650 & wait for bounce Any opening in range zone, we can scalp at boundaries Any Gap down in bearish zone can result in retracement to higher levels. Thanks Piyush Gupta

Piyush-Gupta

Bullish above 33440, Target 33720, 33950 Weak below 33185, Target 33025, 32880 Thanks Piyush Gupta Learn & Earn