SherBazaar

SherBazaar

Biocon @ Breakout level. see its trading at a descending channel. once its break outs it will reach its life time high however there will be a psychological level at 400 which it has to cross before it climbs higher

SherBazaar

We had give a call on 30th May sunpharma that it has a stiff resistance at 483. Stock moved from 474 to 483. Today the stock reached 483 and reversed as per our analysis. Today, If you see daily chart of sun pharma the candle formed is of exact size of 30th April will almost same low high and open and close. what does it indicate.. it indicates that the sellers...

SherBazaar

Nifty has shown a clear cut breakout on charts. comparing it with Dow, Dow jones Fib Retracement is around 0.618 fromt the March lows. now you may be saying why are you publishing dow index when our main index is Nifty50. just to show that the dow is coming out of bear market and we are not have come out of bear market. we ( Nifty ) are at the retracement level of...

SherBazaar

Dow jones Fib Retracement is around 0.618 fromt the March lows. now you may be saying why are you publishing dow index when our main index is Nifty50. just to show that the dow is coming out of bear market and we are not have come out of bear market. we are at the retracement level of 0.38 to 0.40 which means we are way behind global markets. so what does it...

SherBazaar

Wipro clear cut break out with heavy volume.but its facing a still resistance at 215 level see the same candle being formed on 11th march 2020 same place it faced resitance and daily close also at same levels. as march month was a selloff due to corona virus now the price are retracing but still we need to wait for it to cross 215 levels once it crosses we will...

SherBazaar

Sunpharma Breakout with volume and retest of the trendline now ready to move upwards it is following a upward trendline. however it has stiff resistance at 483 to 485 levels if it crosses it then it will easlily touch psychological level of 500 as there is no resistance in between. so just wait and watch to break the level of 483 to 485 then buy it for a target of 500.

SherBazaar

Titan trading in a proper bullish channel, its facing strong resistance at the psychological level of 900. once it breaks it we will see a huge upwards movement in price.

SherBazaar

Reliance Industries Positonal Call Buy. its a clear cup and handle breakout with volume ona daily chart, sellers tried to take the price lower but they couldnt, the price bounced back to its open level. just wait for confirmation after that take trade. wait for it to break 1481 level. 1st target would be 1500 2nd 1530. 3rd would be 1550 and last target would be...

SherBazaar

Muthoot Finance Breakdown sell below 769. as it has broken the trend line as the buying zone is around 770 so dont short at current levels wait for it to breach 770 levels once it breaks it target would be 760 745 and 735

SherBazaar

Glenmark Trading in a Range watch it for breakdown near support. sell only below 321 as 321 is a buying zone once it breaks it target would be 314 and 307

SherBazaar

Apollo Hospital Sell below 1260 for a target of 1215. This is the 4th time it has reached the resistance level. Resistance has become weak as this is the 4th time it is testing it. This time it will break as the NIFTY trend is also negative.

SherBazaar

Sunparma Sell at current levels Target of 425 to 418, as there is no support in between. the stock has rallied 60% from March lows if we consider 15% to 20 Retracement level that level comes to 525 and 400 So go short on Sunparma. We had given target of 440 on 14th may to sell it when it was trading aroung 454..

SherBazaar

Bajaj Finance near 52 Week Low at 1938.. sell for 52 week low target of 1915 and Psychological level of 1900 if the trend continues it can go 5% down from here the level would be 1850..

SherBazaar

Strong Sell SRT Finance below 573.5 Target 566 and Psychological level of 550 3rd target at 525 which will be achived in 2 to 3 trading sessions.

SherBazaar

Stock is trading belwo 20MA and its very near to 200 levels once it breaks it will go down to 196 1st target and 2nd target of 190

SherBazaar

After breaking Psychological level of 450... Wait for 2 points down for conformation of sell signal... Sunpharma Sell Below 448.. Touched Support of 450 6 times in hourly chart.. now its ready to go down as its now trading below 20MA

SherBazaar

Axis Bank Clear cut break Down on 4th may 2020. Even the market had touched the new high of 9850 Axis bank didnt move significantly. which indicated that investors are not willing to enter the stock at currnet level. check the levels of support and resistance in chart XISBANK 28May2020 Add to Watchlist An increase in open interest along with a decrease in price...

SherBazaar

Cyient as suggested to short sell below 200. did not break the psychological level of 200 it gave a clear cut breakout above 200 so buy above if the market is green