SumukhK

SumukhK

Polycab is on an attempt to breach the BOX BO of 31-32 weeks - a price tick above 2750-60 range will trigger LONG Entry for target of 3250 to 3320

SumukhK

Manappuram is trading in a longterm channel and has reached near the lower end of channel - the stock can be bought with WCB stoploss of 95 NOTE - Please Consult your financial advisor before taking and investment decision on this study

SumukhK

The world is falling apart and INDIA is not untouched with global economies linked tightly as ever it is now the CONFLICT of Russia Ukraine will drag all the economies directly or indirectly in the crisis situation we are comparatively resilient economy from demand side but our concerns with OIL Import bill will grow as the crisis deepens for NIFTY it breached the...

SumukhK

ITC is ready to take the holy dip below its March 2020 low of 134.60, this will be last fall of the decade for the FMCG / Tobacco giant resuming its major bullish journey NOTE - consult your financial advisor before making any investment decision on my view

SumukhK

Russia is the first market to call out its bottom and I can say that I will be the first person to say that RUSSIA has made its bottom with retracement till 38% levels from rising trend from 2073 till high of 4293 and retracing back till 2910 just above support levels of 2905 and 39% retracement at 2920 VOID with weekly closing below 2900 NOTE - consult your...

SumukhK

Key levels on NIFTY marked on chart and to be followed Stop-loss can be as deep at 16700 due to high VIX and Volatility NOTE - this is only for understanding and not a recommendation - consult your financial advisor before taking any investment decision

SumukhK Updated 

Wave 1 - 19th Oct High 18604.45, 29th Oct 17613.1 = Fall of 991.35 points Corrective wave - 17613.1 to 15th Nov high 18210.15 = Rise of 597.05 points Wave 2 - 18210.15 to low of 29th Nov 16782.4 = Fall of 1427.75 points Corrective Wave - 16782.4 to 13th Dec high of 17639.5 = Rise of 857.1 points Wave 3 -17639.5 to 20th Dec low of 16410.2 = Fall of 1229.3...

SumukhK

NRB Bearing can be taken as LONG trade - the stock is on weekly rising channel and anchored above a longterm resistance which now acts as a good support - the stock can be bought with a stoploss of 120 positional NOTE - please consult your financial advisor before any investment, this idea is only for knowledge purpose and not a recommendation to buy or sell equity

SumukhK

Aravind is poised for higher targets with textile sector in momentum, buy Arvind with weekly closing basis stoploss of 96.25 for target of 120, 148, 165 and above for New ATH - time frame 3-8 weeks NOTE - please consult your financial advisor before any investments, this idea is only for knowledge purpose and no recommendation to buy or sell

SumukhK

Federal Bank looks bullish at current price of 78 levels with Stoploss of 74 NOTE - Please consult your financial advisor before any investment decision

SumukhK

SAIL Can be bought with Stoploss of 76 Rs on Daily Closing Basis the Volume Shelf support and breach of crucial level 81.5 adds lot of strength to the journey NORTHWARDS NOTE - please consult you financial advisor before any investments

SumukhK

Banknifty has done the Re-test of Previous ATH and now looking Northwards for target of 43180 - #NimblrTA NOTE - this is for study purpose - any investment decision please consult your financial Advisor

SumukhK

IFCI positional long for targets of 20, 30.75, 39.85 stoploss of 13.2 on closing basis

SumukhK

TV18BRDCST - Breakout of 34.15 levels & retest complete on Daily and Weekly chart Keep a stoploss of 33.8 on closing basis for long positions for target of 41.1, 48, 58.9, 71 and new ATH NOTE - Consult your financial advisor before taking any investment on this study

SumukhK

Levels on FMCG Index to Outperform - need to take out LH of 33580 for outperformance

SumukhK

One Can go long on NBCC with Weekly Closing Stoploss of 47

SumukhK

SJVN long entry above 27.65 on weekly basis for target of 32 and 39 - trade nullifies on weekly basis closure below 27.65

SumukhK

Nifty important levels for trading