PriceWorksIndeed

PriceWorksIndeed

Technical As long as it didn't close above 777, It could give breakdown and Touch the support around 650. For Positional April month trade SL: 777 Target : 650

PriceWorksIndeed

On daily chart it has given parallel channel breakout after a year of consolidation which touched roughly its breakout target level of 18900. Since then, it has now retraced to retest this breakout line. Now 2 scenario could be possible mostly to me is :- 1.The market may experience a minor rebound up to the level of 173xx-177xx, before breaking into the...

PriceWorksIndeed

Fundamentals: DLF , India's largest commercial real estate developer, recently concluded a record-breaking luxury home sale of Rs 7,000 crore ($1 billion) in Gurugram. DLF plans to be debt free by end of FY23 The company stated that it had "left a lot of money on the table" due to the high demand for the luxury properties. DLF saw high demand for luxury homes...

PriceWorksIndeed

Technical:- It has forming Cup and Handle kind of structure on daily chart while taking support on the Parallel chart trend of weekly which seems much strong enough to give it bounce to touch the upper line. Target would 1900/2300/3000+ Time frame: 1 month / 3 months / 1 year Fundamental : PVR-INOX merger got approved recently. People has given better...

PriceWorksIndeed

Look good for long and Positional. Chart is self-explanatory . In Positive news regarding to Japanese Firm for semi conductor manufacturing , Softening Inflation and Metal index has given breakout . Target : 346/367 SL : 305 Duration : 1-3 weeks

PriceWorksIndeed

Look good for long and positional. IN positive news regarding commence of commercial unit , Passed 1GW landmark in total for Renewable Energy . Target : 187 SL : 167 Duration : 1-3 week.

PriceWorksIndeed

charts seems to formed double bottom on daily chart. Likely to breakout and could touch 370 in coming days. Positive cues : growth in rural premium product(comment from managements) , Inflation has been soften and Holidays are upcoming so its positive for hotel business of ITC as well. for Positional view : Target : 346.9/350.35/354.80/368 SL :...

PriceWorksIndeed

LT has solid order book and Inflation seems to go soften. This rally could extend to 2400 . Positional view on the stock is Long with target 2080/2144 Duration up to 15 days. SL below 2010 as per risk appetite . See the chart for more details.

PriceWorksIndeed

It's has posted not so great quarterly result due to raw cost increase, so the sharp downside movement in stock was noticed. It has been in news past few days for the 20 year long term deal with other listed Fertiliser Company. Inflation seems to be peak and ready to bites the dust for the moment. Having said that, Positional View on the stock would be Long...

PriceWorksIndeed

Bhel has couple of resistance ahead, 73, 77 and 80 . Result of this quarter has not boost the confidence of investor thus far. So, it might move down to touch the support of the parallel channel. Positional view for the next 10-15 days :- Target : 65 Entry at 73+ SL: 75 for more details see the chart .

PriceWorksIndeed

Most likely it would hold the support of breakout line and move toward 2700+ until the 2495 (SL for equity segment) is intact. Target 2700+ in next 10-15 days as a Positional view. SL : 2545 See the chart for more details.

PriceWorksIndeed

T- 215/200/185 SL : 239 Reason : Head and Shoulder like structure and bearish bat has formed . Holding period : 30 days

PriceWorksIndeed

T- 7375/7000/6980 SL : 7900 Reason : Bearish bat/Double top/ breakdown from Parallel chart likely.

PriceWorksIndeed

T- 2250 SL: 2690 Reason : Double top pattern and cypher structure has formed in daily chart. Holding period : 60 days

PriceWorksIndeed Updated 

Targets : 14175/13619/13190/12468 SL: 16826 (closing) Technical Reason : Breakdown from Long Parallel Channel. Fundamental Reason : Russia-Ukraine prolonged war , Russia Economy stable by support of India as a customer, Rubble strengthening -- Dollar Weakness , US-China tussle over Taiwan likely to emerge , Energy price unlikely to come down as long as there...

PriceWorksIndeed

T- 435/450 SL: 380 Reason : Parallel channel breakout likely Holding period : Less than 15 days.

PriceWorksIndeed

T- 528 SL : 454 Reason : Trading inside the parallel channel, bounced from support poised to touch the resistance . Holding period : Less than 15 days.

PriceWorksIndeed

T- 650 SL : 840 Reason : Technically it has made Head and Shoulder structure on daily chart and fundamentally due to inflation and rate hike Realty sector expected to slowdown in near term.