Retailer_ki_dost

Retailer_ki_dost

Sumichem CMP 306.55 Froming Cup and Handle with neckline at 311.55 If breaks its trendline & neckline and sustains above 312-315, A buy can be initiated wsl 285 for the target of 360

Retailer_ki_dost

A good move was seen in all IT packs in last session. Infy is about to give symmetric triangle Breakout. Good buy above 1145 for the first target of recent swing high 1186 Wsl 1100 Keep trailing your SL if stock comes in your direction Note : This idea is only for educational purpose

Retailer_ki_dost

Bata gave a good move with vol in last session However a safe player is advised to buy above 1470 for the target 1600 sl to maintain at 1410 Risky player can buy if high (1445) sustains for good returns wsl 1360 (200dma) Note : This idea is for only learning purpose

Retailer_ki_dost

Maruti Suzuki is able to form base near 6800 (50 % fibo level) In last session it gave a good movement and broke .618 level of fibo Good buy above 7000 for the target of 7194, 7349 Sl to be maintained below 6800

Retailer_ki_dost

Colpal looking good at current level to buy for swing for the target of 1643 Formed a good base at 1465 SL to maintain at 1480 Keep trailing Sl as it moves in your direction Note : This idea is for only educational purpose

Retailer_ki_dost

Cummin Symmetric Triangle Breakout Gave BO on 12 Nov with good vol and broke swing high as well. Generally after such massive move, next few session stock goes sideways. If sustained above 482, first target 495 (500 may act as hurdle) Next targwt 522 SL 465 Note : This idea is for only learning purpose.

Retailer_ki_dost

IHNS Breakout and retesting Formed Bullish engulfing at neckline above 200 dma If sustains above 346 First hurdle around 365 if crosses that target is 400 (as per HNS as well) SL 320 Sustainance above 345 is very imp as per fibo golden ratio Note : This idea is only for learning purpose.

Retailer_ki_dost

Reliance CMP 2029, nicely sustaining above its support & 2000 but there is hurdle present at 2060. Scenario 1 : If breaks day high a target of 2060 can be seen and from there price may reject and fall back to 2000 for retesting Scenario 2 : If 2060 also breaks next target is 2175 SL to be maintained at 1995 Disclaimer : this idea is only for educational purpose.

Retailer_ki_dost

Glenmark has been consolidating since long and it gave a breakout from its trendline. However, a good buy only be considered if breaks 508, SL to maintained at 480. Disclaimer : The idea is only for educational purpose. please make any position after consulting your financial advisor.

Retailer_ki_dost

S&P500 CMP 3390 1. Taking support at trendline (Pink marked line) 2. A bounce may expected from here (till Blue marked line) 3. If this support gets broken a downfall may be seen till 3230 (green marked line) Note : This idea is only for educational purpose.

Retailer_ki_dost

Bitcoin's previous swing high was at 13880. For fresh buying it is only recommended when it breaches this level and retests. Momentum is very strong but if BO comes it might not sustain much as it requires some consolidation to breach such resistance. Note : This idea is for only educational purpose. Dont make any position based on this analysis.

Retailer_ki_dost

Maruti given a flag pattern BO in last trading session with good volume. If sustained over 7130, Buy can be initiated and there are several hurdles like marked in the chart. Sl to be maintained below 6970.

Retailer_ki_dost

Jindal steel might be next metal stock after JSW steel which can give good gain in coming days as metals are performing well. Currently trading at 202, if breaks 204 and sustains swing buy can be initiated. SL to kept at 196 for the target of 217 (gap border), 230 (trendline resistance).

Retailer_ki_dost

Motherson Sumi near support and 200dma On upper side if breaks 108, First Tgt 115, 121 (treandline resistance) Sl can be maintained below the support line (104.35) Swing short should be avoided as long as it doesnt break 200 dma as well.

Retailer_ki_dost

Nifty made a good bullish candle after trapping all the seller (who sold below doji). It respected the level 11800-11850. Looking at momentum Nifty may breach 12000 in coming session. First target 11250. A profit booking may be seen here. Second target is 12400.

Retailer_ki_dost

Banknifty is looking good to go long (Plz go through my previous weekly idea of bn) 1. BN retraces after touching 24100 (yellow marked line) 2. Took support and bounced from 23150 level (previously marked; green line) 3. It has breahed 200 dma convinsingly in PDS making a bullish engulfing. 4. A good rally may be seen from here. First target 25100. This is...

Retailer_ki_dost

ITC trading at 167 and trying to hold the low of 24 Sep 20 (166.15) In previous day session it has formed a doji near this level. Plz dont pre-empt of reversal and start buying it. Wait for a bullish candle (with good vol) like I've shown in chart. And, when high of this green candle breaks we can go long. Conversaly if breaks 166, 157 is the next target So,...

Retailer_ki_dost

Banknifty is outperforming since 25 Sep 20. In last trading session it closed slightly above 200 dma. Looking at the PSU sector, It may also outperform in coming days. Considering these facts, Banknifty is looking good. 25100 swing high will be the first target. Slightly it may retrace from 24100 level (due to nifty's 12000-12050 level) but overall banknifty is...