Piyush-Gupta

Piyush-Gupta

IBULHSGFIN on 28th Nov gave closing very close to lower end of its year long wedge or channel. On 29th Nov, it started with good momentum and entered the wedge but failed to provide closing and fell more than 25% intraday to close below long term band. More downside should continue for stock. It can be good positional pick if it closes within its channel...

Piyush-Gupta

BANKBARODA has given H&S breakout. Important levels highlighted in chart. Should be good long opportunity.

Piyush-Gupta

INDUSINDBK has crossed another hurdle at current level of 1565. Next resistance is at level 1570-1675. Stock can be bought once it in range of 1560-1568 for target of 1570. SL should be 1530

Piyush-Gupta

UJJIVAN is closing near 1.5 years breakout. For the entire day it traded close to trend line, so probability of it breaking out is higher. Should be kept in watchlist for both Intraday & positional.

Piyush-Gupta Updated 

IRCTC has followed same pattern previously where is sloped down on trend line and then gave healthy breakout. Should be on watchlist for 26-Nov-2019.

Piyush-Gupta Updated 

TATAGLOBAL has broken month long trend line and have given closing above it. Must for tomorrow's watchlist

Piyush-Gupta

LUPIN has broken 1.5 years long trend line. On daily timeframe as well, strong closing is seen. Expect good up move tomorrow and if this is breakout sustain by Friday's day close, we could see this stock running for higher highs. Pharma stocks are in bullish momentum which will support move.

Piyush-Gupta

TORNTPOWER is testing its month long support for 3rd time. Should be kept on watch for any BO or BD

Piyush-Gupta Updated 

LICHSGFIN has strong breakout from descending triangle pattern. Should be on watchlist for tomorrow. Resistance level - 429, 435

Piyush-Gupta

PIDILITIND is trading toward lower end of channel which it has been following for more than a year. Any upmove in stock from bottom of channel should push it toward upper band of channel. Position to be made only when stock start making higher high from bottom of channel.

Piyush-Gupta

AMBUJACEM is trading in close range for past 6 trading session, making it probable for NR7 strategy. Should be kept in watchlist for tomorrow. Also stock in trading in triangle pattern for past 2 weeks. Any breakout also supported with NR7 should bring good trading opportunity.

Piyush-Gupta

RNAM is following trendline for uptrend for past 2 weeks. Now trading close to it. If it touches and bound back, should be good pick for long.

Piyush-Gupta

DRREDDY, if cross above 2885 should target for 2915 in Intraday tomorrow.

Piyush-Gupta

TATASTEEL has closed very close to medium term trend line. Should be a stock to watch out for 19-Nov 2019

Piyush-Gupta Updated 

JUBLFOOD has formed symmetrical triangle on 5-15min time frame. Since JUBLFOOD has Cup with Handle on longer time frame, BO is most likely.

Piyush-Gupta

MOTILALOFS has three patterns in play. Cup with Handle on daily time frame, Trend line breakout (yellow line), Long term resistance (pink line). If this closes above 750 (long term resistance, it will be good positional stock).

Piyush-Gupta

CHOLAFIN is very close to do breakout of 2 years resistance at 330. Also it is currently above mid term trendline resistance. If closed above 330 on day end basis, could be good positional bet. Only active if closed above 330.

Piyush-Gupta

LT is bound in downward parallel channel since last one week. Good trading opportunity on extreme of channel & any breakout will also provide handsome day trading result.