Rohit_Tomar

Rohit_Tomar Updated 

TATA Chemical is bullish, it took support at the bottom yellow line twice and that's indicate the strength. It indictaes the buying at Current price for the target of 884 in coming 2 to 3 weeks with stop loss of 799 day closing basis. Please also note that if it crosses it's last high of 892 it will give further 4-5 % return. Therefore next target (upon...

Rohit_Tomar Updated 

On monthly chart, TATA Coffee have completed the rounding bottom pattern and very confidently moved up. Now i am waiting for the retracement to 200 to 180 level for accumulation.

Rohit_Tomar Updated 

Hi, This is Rohit Tomar. Nifty is showing very good strength since mid of Aug-21 and Bulls have taken-up Nifty from 16000 to 17900 a 1900 points rally. Nifty is moving in a channel pattern since the breakout after covid-19, please refer the chart. Presently Nifty is at the lower trend line of the channel which is a good buying zone, if it sustains. If break-down...

Rohit_Tomar Updated 

Hi, NAVINFLUOR has been completed rounding bottom pattern and given a decisive breakout. Post breakout it also retraced the level and bounced back. The depth of the rounding bottom was approx. 300 points therefore the same can bee seen as 1st TARGET i.e. approx. 4250.

Rohit_Tomar Updated 

On the daily chart, RSI of 9 days crossed below RSI of 21 days and no sign to move up. Expecting a price correction to 1200 levels from here (CMP1318) which is around 10%. If selling pressure increase it may go up to send level of support at 1140 which have less chances. Therefore buying range would be around 1200 levels if RSI indicates for positive side. I...

Rohit_Tomar

The PGHL is in the correction phase of Elliott Wave. Last wave (5) has been over at 7472 levels and 9 months was time frame. Further, ABC correction started, A is about to complete this month (Nov-21) with 61 % fib retracement from Top levels (7472-2891 = 4581 * 61.18% = 2802; thereby, 7472 - 2802 = 4670 completion of wave (A)) with the same time frame of 9...

Rohit_Tomar

This stock can be a multi-bagger from here with 5year time horizon. In a shorter time also it have capability to give 40% returns in less than 6 months. I will keep posted.

Rohit_Tomar

Marico is about to break it's all time high. It seems good to buy at these levels with stop loss of 558 for the immediate target if 620 and in some more time for 680 (with trailing stoploss of 620). In one hour time also it formed a rounding bottom pattern which also indicate for long. RSI just crossed above 60 last day and showing strength.

Rohit_Tomar

Just analysis the Nifty 50 on Monthly charts, it shows the good trend on monthly. This may lead to Nifty by 33,000, yes you heard it right. I have view of Nifty50 in next 3 years Jun 2024 above 33,000 levels. I will keep updated the string quarter on quarter.

Rohit_Tomar Updated 

Adani Enterprise was in uptrend since Apr-20 to Aug-20 and then Brokeout with huge volume (see in the chart weekly candlesticks) after some consolidation in the month of Sep-20 uptrend was again started with the normal volume. Since 1st Feb-21, it broke out again with the double of average volume and surprisingly next week's volume was even higher. This (3rd week)...

Rohit_Tomar Updated 

Based on the mean reversal theory, NIFTY is moving between the zone as indicated in the chart. As it is visible that it is trading near to the top line of the zone, it may reverse up to 700 points (first stage) and next 600 points (second stage) progressively by 15-Mar-21. Also you may look at the volume which is getting lower day by day (check in Nifty Futures,...