SurajChandak17

SurajChandak17

Sail has created a bottom. I am very bearish on nifty, expecting levels of 16500. But stocks can go in other directions. Sail is showing signs of reversal. If it crosses recent high then 6% target is possible. I have drawn strong support and resistance lines. Hope it helps. I am not a SEBI registered trader. Only for educational purpose.

SurajChandak17 Updated 

The stock has confirmed its reversal. Its time to accumulate the share. But the safe trader cannot enter yet. The trend lines need to be taken out for a safe trader to enter. Thermax is old company which has shown massive returns recently. The company owner family is amazing and down to earth, they have Mr. Tata level vibes. Which is a symbol of trust for...

SurajChandak17

Nasdaq is retesting the 200 EMA on daily time frame, also has taken support. Reference the chart for details.

SurajChandak17

The cement stock is building positive momentum, all the EMA are inline at 30 min TF. Once the resistance line is crossed, the stock may not give chance to entry at expected level. After todays .25 % hike. There is no negative news expected in the market soon. The above impact is already absorbed in the market. Take you own decision and consult your financial...

SurajChandak17

Reliance has corrected to a good level. The stock is showing very bullish divergence signal. Holding it for 2750 is a sensible option. Reliance is trading around last low, which makes it more attractive.

SurajChandak17

We are in modern world with access to history on our finger tips. Look past data around 200 EMA, Nifty is exhibiting same pattern as shown in history. In coming one two days, Nifty will come closer to 200 EMA but not touch it. Use this time to invest. As we cannot 100% predict the market. We can use risk to reward in our favor. Go to chartink to search shares...

SurajChandak17 Updated 

Todays budget has given special provisions to battery companies. So I have a positive outlook for the same. I am hoping to see a positive up move from here in Exide. It has taken support and given a confirmation candle as well. From here Risk to Reward should be in our favor. Please comment what else you will like to see in my post.

SurajChandak17 Updated 

Titan is a good stock and now available at a great price. I was surprised not many ideas are published around this stock, so thought i will take the lead. Hope the lines I drew are self explanatory. Support level is for buying and resistance is for selling.

SurajChandak17 Updated 

We can be double sure that stock should turn from here. One can wait for confirmation reversal candle or take little risk as the R&R is in our favor. No one will stop eating pizza, so this stock is not going to crash from here. SL is a key. Take your own decision

SurajChandak17

My EMA indicator is throwing super bullish signal for this stock. All the EMA are inline and the high before all the crossovers is taken out. Big positive confirmation candle can be seen. 50% off load when 20 EMA is crossed under and rest around 200 EMA on closing candle basis.

SurajChandak17

One can wait for confirmation reversal candle or take little risk as the R&R is in our favor. No one will stop eating pizza, so this stock is not going to crash from here. SL is a key. Take your own decision

SurajChandak17

The results were good and after 951 stock has corrected to good level. At support level and we have a confirmation of bullish harami candle. Tomorrow once the high is taken out the stock has the potential to move up

SurajChandak17

Blue star has indicator breakout of EMA. All the EMA's 200,100,50 and 20 are aligned and the previous high is also taken out. Exit 200 EMA

SurajChandak17 Updated 

NYSE:PATH UiPath is a Class A stock which was listed around 66 and then made a high of 90+ The stock has corrected to lowest limit possible. Downside from here is very less likely. I am bullish on UiPath. Refer the support and resistance. Even if the stock remains in the range, buying in support and selling at resistance is still going to give you handsome returns.

SurajChandak17

Nifty cheat sheet. I will use cheat sheet word because the lines are providing exact levels even on volatile days. The shares are not for a beginner, I believe only person with basic understanding of charts should refer my charts. The lines are hard to spot, with my experience I am able to spot them. You can refer your financial advisor based on my analysis and...

SurajChandak17

Nifty cheat sheet. I will use cheat sheet word because the lines are providing exact levels even on volatile days. The shares are not for a beginner, I believe only person with basic understanding of charts should refer my charts. The lines are hard to spot, with my experience I am able to spot them. You can refer your financial advisor based on my analysis and...

SurajChandak17

The market works in cycle. Once around support level it will reach the resistance which counts as a cycle. Right now we are at a start of a cycle. BEPL is a sound stock which makes it even better choice. The lines are self explanatory. Please provide your comments if you see any scope of improvement. I feel like my charts are best. Disclosure : I am not SEBI...

SurajChandak17

Today SBIN was available at 500 which was a great level. Never the less tomorrow SBIN should give opportunity to enter again. SBIN is a solid stock to keep in profile. The support and resistance lines are self explainatory.