📈 Intellect Design 📉 It broke out from Resistance Zone of 780-800 and also closed above high of July 2021 with strong green candle. So I am biased on long side. On Buy Side I am looking for Targets of 1000 and 1100. StopLoss should be kept at 810. It offers 1 : 2 Risk Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
📈 India Cement 📉 This Stock Broke out from a Resistance zone of 210-215 after testing two times this range on upside with a strong green candle. If you look closely this resistance also use to be a support in Jan Fab. So It makes this a Strong breakout. Bias - Long Target - 231, 254 SL - 205 RR- 1 : 2 All Important Supports and Resistances are drawn in chart....
📈 Bajaj Finserv Ltd. 📉 This Stock Broke out from a resistance zone of 16500-16750 which was tested several times and today managed to close above it. Bias - Long Target - 18378, 19078 SL - 16100 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on...
📈 Alkem Lab Ltd. 📉 Today broke out from a Resistance Zone after testing two times and also broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 3750-3800 zone followed by 4000-4050 zone. StopLoss should be kept in 3375-3425 zone. It offers 1:4 Risk To Reward. All Important Supports and Resistances are drawn...
📈 BATA India 📉 This Stock Broke out from a Downtrending Trendline Zone after testing three times with a strong green candle. Bias - Long Target - 2073, 2230 SL - 1901 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult...
📈 CholaFin 📉 This broke out from a resistance zone 690-700 on closing basis after testing three times. On Buy Side I am looking for Targets of 800 - 820 zone. Target Calculation = 2*(Resistance Level - Last swing low) StopLoss should be kept in 680-690 zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels...
📈 Infosys 📉 In the market where every sector broke all important supports, IT it still holding and it shows relative strength of sector. Infosys is breaking out from a triangle after testing multiple support zone of 1665-1680 since September 2021. On Buy Side I am looking for 1800-1820 zone as first target then followed by 1900-1940 zone. All Important...
📈 ABBOTT 📉 My Findings :- 1. Higher High and Higher Low Formation. 2. Breakout from a Swing High and Support Turned Resistance. 3. Close Above March 2022 High. Bias- Long Target- 19513, 20613, 22028 and 23201 SL- 16024 RR- 1: 2.5 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if...
📈 Mphasis Ltd. 📉 Mphasis Ltd. broke out from a downtrending trendline zone after testing three times and it was inside a beautiful triangle pattern as well. Yes it has closed at high of Fab and March too. So I am biased on long side. On Buy Side I am looking for initial Targets of 3548. StopLoss should be kept at 3250. It offers 1:2 Risk Reward. All Important...
📈 ITC Ltd. 📉 This broke out from a Resistance Zone of 234-240 after testing 3 times. ITC on a larger chart forming a triangle pattern which won’t be visible in this chart but I can share on demand. On Buy Side I am looking for Targets of 260-264. StopLoss should be kept below 230-232zone. It offers 1:3 Risk To Reward. ITC on a larger chart forming a triangle...
📈 Escorts Ltd. 📉 This Stock broke Down from a Down Trending Chanel after testing three times. It was in consolidation inside Channel since last four months and today that ended on Short side So I am biased on sell side as todays candle closed is strong red. On Sell Side I am looking for Targets of 1595 and 1434. StopLoss should be kept at 1860. It offers 1...
📈 Bank of Baroda 📉 This Stock broke out from a Resistance zone of 105-108 after testing twice. I am biased on long side because todays candle is strong green. On Buy Side I am looking for Targets of 118. StopLoss should be kept at 105. It offers 1:1 Risk Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
📈 HDFC Bank 📉 This Stock Broke out from a Downtrending Trendline Zone after testing four times with a strong green candle. Bias - Long Target - 1566, 1688 SL - 1429 RR- 1 : 2.5 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult...
📈 JSW Steel Ltd. 📉 Today broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 760. StopLoss should be kept at close below 660. It offers 1:1 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more...
📈 Coromandal International 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above four months high. On Buy Side I am looking for Targets of 870 - 880 zone followed by 920-930 Zone. Target Calculation = 2*(Resistance Level - Last swing low) StopLoss should be kept below 790-800zone. It offers 1:2 Risk To Reward. All Important...
📈 United Spirits 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above resistance 890-900 . On Buy Side I am looking for Targets of 945 and 1005. StopLoss should be kept below 860-870 zone. It offers 1:1.5 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a...
📈Nifty📉 Nifty is in Box of 440 Points 17000-17440. Have to wait for Breakout or BreakDown. All Important Supports and Resistances are drawn in chart. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
📈 Titan Company Ltd. 📉 This broke out from a Resistance Zone of 2665-2695 and closed above previous swing high of 2600 . On Buy Side I am looking for Targets of 2950. Target Calculation = 2*(Resistance Level - Last swing low) StopLoss should be kept below 2500-2550 zone. It offers 1:2 Risk To Reward. All Important Supports and Resistances are drawn in chart....