Currently we neutral on nifty . because news outside the market . market is in uptrend .But OI data wise 17800 is very important zone for Bull. If 17800 break nifty then we go for small quantity with small SL. As well as 17600 is important for Bears . If 17600 breakdown then we see strong weakness in nifty . For downside i am very much comfortable . But only when...
Happiest mind one of the multi bagger correct from 52wk high 50% . This is very good time to grab the stock in pieces. At that point accumulation phase is possible & a few day stock was confirm that . Before any institutional or HNI buying grab it.
Zydus lifescience was change the trend on currently short term basis . distribution is over & stock was breakout accumulation zone also . & currently perform on 13,21,50 & 100 EMA also which is bullish sign. we are currently consider to pick the stock in pieces & pieces.
On big timeframe Reliance breakout the head & shoulder chart pattern. If market leader is going up side then market is also going up. so too market is in uptrend right now this is a more bullish signal form market leader.
This is the perfect time to Buy IEX in very cheaper rate . If Stock break upside then we confirm that . strict with SL also. Look the stock was correct from 52wk high in maximum 30 to 35% . Fundamentalls are strong , promoter is strong , monopolly company.
If stock closed in 298 then new investor are sure coming for new position . Today stock breakout major resistance trendline . form opening to today this trenline which are show in chart . also you check the volume .
Because of TF is big therefore, holding period also big . but one thing is clear that 850 is very strong support area . If Ami break resistance then no one catch cheap price because behavior of the stock is this stock was very aggressive on both sides upside / Downside but not only that fundamentally company also strong & expanding more & more. also famous...