Sahil_Narkar

Sahil_Narkar

Tata Chem has broken a good support S1 and the day charts indicate a possible downtrend. The 959-963 range looks as a good support range and can be used as a buy zone keeping stoplosses in place. Can expect a 1-1.5% move upside.

Sahil_Narkar

Sail weekly TF Long only if it sustains 90 in the coming week Short only if ascending triangle breakout from the downwards side.

Sahil_Narkar Updated 

IndusInd Bank is trying to move to its pre Covid-level Price. The Mishap that happened last year shocked the investors due to which a there was a 34% decline in stock from it good bull run. The stock is gaining momentum and is pushing itself to its Intrinsic Value . We can expect the stock to move to a good 1300 - 1400 Level given that the it dosen't get affected...

Sahil_Narkar Updated 

Neutral as of now. Needs a good breakout from the base to take a short position. Targets are Given on the chart.

Sahil_Narkar

Tata Elexi made a Higher high after the recent Tata surge and made a double top after. It is a bit overvalued in this stage and if it breakes the the support , you might find a good shorting opportunity till it's base. Also for traders taking delivery , a good long opportunity can be seen near the target price.

Sahil_Narkar Updated 

After showing some recovery Post-Covid , Canara Bank is forming a Pole and Flag Pattern on the monthly timeframe. Since the Company Fundamentals are a bit weak, the Pole and Flag can turn into a symmetrical triangle as well. Earnings call are also in this month, so please long only when you see a good volume on the weekly candles....

Sahil_Narkar

I am a bit neutral on this idea untill I see a strong breakout from the demand side. After a strong breakout, please enter only after retest.

Sahil_Narkar Updated 

BP is trying to stay in the trendline- support area. A good buy can be seen at the 812-818 levels. long targets are given. please keep stop losses in place. cheers.

Sahil_Narkar Updated 

All Info Given on Chart Please keep Sl in place before entering

Sahil_Narkar Updated 

After Breaking the trendline from 25th March, the bull run is now in slowing down a bit. A good breakout and retest was seen and currently it's on a major support. If it takes the support, a small bull run can be seen till the nearest lower high. If it breaks, a good downfall can be seen.

Sahil_Narkar Updated 

A Hammer pattern is seen on the hourly timeframe. Even though we can see a ascending triangle, the bullish volumes are reducing. A long can be possible only when we can see it above 407-408 levels. A Short can be possible when it breaks the trendline and till T1-393, T2-383. Next week can help us get more info on this.

Sahil_Narkar

A good Breakout is seen on berger paints in the month of July and it has come to re test its support of 817-820. If it takes the Support, a good Long can be taken. Ps-Will be updating this idea after getting more information

Sahil_Narkar

A good breakout was seen on ASHOKLEY on Friday. If the bull Run continues then a target of 151 can be achieved. It is currently in the 133-134 zone of resistance so it might retest before going up.

Sahil_Narkar

After the Earnings Shoot-up, Asian paints has retracted a bit to its 0.5Fib levels forming a Double Bottom and a Falling wedge. Asian Paints has an ideal condition where it never believes in having a proper breakout(*sarcasm*), so in the upcoming week if the bull run starts , a gap can be seen on Asian Paints at the starting of the day which can ideally be...

Sahil_Narkar Updated 

Enter Only when a good volume is available when breaking the 2991-2992 resistance. Do not enter when a shooting star is formed after breaking the resistance.