ScienceBehindTheChart

ScienceBehindTheChart

As per weekly chart set up of Nifty 50, it is observed that a bounch back likely to come for a short term duration. Investor can start investing into mutual fund, ETFs in SIP mode, do not gamble in the market, as this is the perfect time to buy stocks or continue the SIP in the Mutual Funds. Healthy correction is always good for the market. As on date 13 % market...

ScienceBehindTheChart

As per weekly chart, we have seen 4 years continuation uptrend, causing highly streched valuations of midcap stocks. Those who have been invested 4 years ago, its time to book atleast 60 % of total profit, and keep some cash for investing at panic days of market which can be seen in next coming months. 50 % fall cannot be rulled out in smallcap and midcap index....

ScienceBehindTheChart

As per weekly chart, we have seen 4 years continuation uptrend, causing highly streched valuations of midcap stocks. Those who have been invested 4 years ago, its time to book atleast 60 % of total profit, and keep some cash for investing at panic days of market which can be seen in next coming months. 50 % fall cannot be rulled out in smallcap and midcap index....

ScienceBehindTheChart

As per layout of this chart, the smallcap index is highly streched in last 4 four years, keeping in view, there is need to book profit on small cap stocks as these stocks can likely to come down in next 2 years of downtrend, or one can shift in small cap mutual funds for SIP. Directly investing into small cap stocks can be a highly risky at this stage of market...

ScienceBehindTheChart

As per layout of this chart, the smallcap index is highly streched in last 4 four years, keeping in view, there is need to book profit on small cap stocks as these stocks can likely to come down in next 2 years of downtrend, or one can shift in small cap mutual funds for SIP. Directly investing into small cap stocks can be a highly risky at this stage of market...

ScienceBehindTheChart

As per weekly chart of Nifty, it looks bearish for next 8 months, any bounch back from 23800 or 24000 will be a short term trend changed, however, one can start investing in staggered manner in Good Fundamental companies or option buyer can take position in monthly call and puts. Its good for investor to invest through Mutual Funds in short blast SIP when Nifty...

ScienceBehindTheChart

As per weekly chart setup, the stock can reverse from 500 levels for 25 % move, MACD and RSI looking good to make position in the stock with stoploss 460. Target 580 and 640 can be seen in next coming month keeping in view of overall market condition.

ScienceBehindTheChart

As per weekly chart set up, HDFC Bank is looking for consolidation channel breakout. The stock was trading in a range from 1300 to 1750 levels wef 2021 to 2024 almost 4 years. The stock has come into uptrend from consolidation. So, one can look for 2100 and 2400 target in next coming weeks.

ScienceBehindTheChart

The stock is trading at premium. Positive price action seen in SBI CARD in past few days, Daily and Weekly breakout done in the stock and ready to move in upward direction of the chart. So, 1000 and 1200 levels can be seen in the stock in next coming months.

ScienceBehindTheChart

As per weekly and daily chart, a range bound consolidation seen and this consolidation is likely to be broken on higger side, so in the short term, IOB, CBI, UCO BANK, PNB, these PSBs can give 50 to 80 % gain in less than one month, so one can take position in PSBs.

ScienceBehindTheChart

Bajaj Finsv meeting all criteria for moving 1640, 1660 and 1700 levels in coming days. So, 1600 ce, 1620 ce, 1640ce options are looking good for coming days. It can move 60 pts from here.

ScienceBehindTheChart

As per trading set up, the stock consolidation is likely to finish in coming days and ready for upmove, breakout on daily charts has came and awaiting for price action. So, 2980 ce, 3000 ce, 3020 ce, 3040 ce of July series are good to hold or can buy on the day when it will cross 2940 and 2950 with good volume and price action.

ScienceBehindTheChart

The perfect multibegger stock for next 10 years as per trading setup. R to buy at every level.

ScienceBehindTheChart

As par trading setup, where all indicators are favourable and looking for weekly breakout, the final trget in this run, would be 1800 within six months.

ScienceBehindTheChart

As per trading setup, the following is noticed :- 1. MACD crossed centre line which is signs of uptrend. 2. RSI is 61 can which is bullish. 3. Highest volume seen on 07 May 2024 in last one year. 4. Above 20, 50 and 100 days moving averages. So, take position for next six months, target 2800 are on the way.

ScienceBehindTheChart

As per trading set up, the following is noticed :- 1. Positive crossover likely to take place in MACD. 2. RSI changed its downtrend to uptrend. 3. Two weekly green candle signs of bullishness. So, 5000 CE option of Jun series will be a good bet which is available at Rs 140, LTIM can try to cross 5500 in Jun series and in this case the value of 5000 ce option...

ScienceBehindTheChart

Loksabha election results will be announced on 05 Jun 2024, keeping in view of BJP victory with strong majorty, the ADANI STOCKS, Adani Ent, Adani Power, Adani total Gas, Adani Energy Solution, AWL, Ambuja cement, ACC and NDTV will move sharply in next coming 15 days, So take positions in Adani stocks as soon as possible.

ScienceBehindTheChart

1. MACD likely to reverse from zero line. 2. RSI likely to cross yellow line. 3. Taken support at previous resistance 452 or 448. So, 460, 470 and 480 call options are good for coming days. Or one can buy 500 call option of Jun series @ Rs 8.