Piyush-Gupta

Piyush-Gupta

Classic example of Cup with Handle pattern.

Piyush-Gupta

IBULHSGFIN, has finally entered back in this long term downward wedge. If it sustain staying in this long term wedge pattern, it will surely scale new highs in few weeks. Since this is fundamentally week stock, kindly invest only 3% -5% of your investment capital.

Piyush-Gupta

ULTRACEMCO has given solid breakout from triangle pattern. Cemant sector was bullish today which helped this breakout. It has next resistance at 4285-4290 level. Once this resistance is crossed, do initiate long trade both intraday & positional.

Piyush-Gupta

APOLLOHOSP has given breakout with good rally today. This pattern breakout has worked well in past for this scrip. If it moves above immediate resistance level of 1510-1512, it should be good to go long in this. Safe trader can wait for some pull back before entering in long trade

Piyush-Gupta

RELIANCE is currently forming a pullback to trendline. If trendline as shown in chart is respected, then this can be a good opportunity for investment in heavyweight stock.

Piyush-Gupta

INFY has given breakout from consolidation on hourly chart. This should be good pick both positional and intraday for long trade with 736 as baseline for support.

Piyush-Gupta

IRCTC if closes above 955 on daily basis can reach for 1054 as next target. This is based on Fibonacci numbers.

Piyush-Gupta Updated 

PVR, has given breakout of flag pattern with good volume. It has some resistance at current levels 1890 - 1898. If these levels are crossed in session tomorrow, PVR will set new highs.

Piyush-Gupta

UPL is trading in ascending triangle pattern which is bullish pattern. A breakout is expected as pattern is closing to an end. A breakout above 583 can take UPL above 590/595/600. 600 is major resistance for UPL

Piyush-Gupta

AXISBANK has closed above major resistance level. It has final hurdle at 766.4 which is important Fibonacci level. If this is crossed in initial 15 mins and sustained then AXISBANK is good candidate for long both intraday & positional.

Piyush-Gupta

PFC is close to breakout of major resistance level of 116. If this level is crossed tomorrow and sustained, PFC can go to 118/119 levels intraday.

Piyush-Gupta

MANAPPURAM has given breakout from 1 week trendline. It has been trading close to its high for few days (consolidating). If it crosses 174 tomorrow in morning 15 mins, will push for new high. Should be in your watchlist for tomorrow.

Piyush-Gupta

SRF is trading in a upward channel for past 1.5 months. Follow the channel to find opportunity for both long and short trades. Once lower band of channel is reached, SRF can be traded for positional gains as well.

Piyush-Gupta

JUBLFOOD is trading in a wedge for past one month. It is currently trading at lower end of wedge and should move upward in coming session. Should be in your watchlist for next 2 days.

Piyush-Gupta

COLPAL is trading in ascending triangle. Currently trading at lower base of triangle and should move upward in trading session tomorrow.

Piyush-Gupta

INDUSINDBK is trading in a range as denoted by rectangle for past 6 days. It should give strong breakout on either side tomorrow (NR7 day).

Piyush-Gupta

Short LICHSGFIN below 422.5. Next support is 412.

Piyush-Gupta Updated 

Buy only when closes above 1085. T1 - 1170 T2 - 1230