TheUnlearningOne

TheUnlearningOne Updated 

From its breakout at 483, the price reached a high of 591 to end the week at 573. Will wait and watch the zone between 543 and 586 for tight price consolidation with an upward tilt. Breakout above 586 with supporting volume will be positive. Target of 686 and can be revised based on further stock movement and strength. Keep a strict stop loss as per your risk...

TheUnlearningOne

The stage analysis of my buying and selling of Delta Corp is to bring home the point that it is always good to sell when the stock is in strength. I missed selling in strength and also my biasness caused me to delay the sell, even when the stock started showing signs of technical weakness after making a climax top. Learning for trading: Book profit when the...

TheUnlearningOne Updated 

At the current level I see a tight price action range. Watch out when the price makes a significant move above 7800 (R1) and 7962 (R2), supported by volume action. Price trading above 21, 50 and 100 EMA. 6754 and 5700 acts as strong support zone. And always keep a stop loss of 5-8% if the trade goes wrong. Note: Not a recommendation, but a personal analysis.

TheUnlearningOne

After breaching the 5 year high of 570, we can see a base upon base formation, marked as base 1 and base 2. 750 is an important zone, we can see good price move upwards once this level is crossed convincingly. Immediate support level is 674, below which, the level of 570 will act as good support zone. Important: Not a buy/sell recommendation. Always keep a...

TheUnlearningOne

Interesting price action on Indian Hotels at current levels. Please read my previous analysis on Indian Hotels here... Still bullish on Indian Hotels, with short term target of 288 and long term target of 330. PS: Not a buy/sell recommendation.

TheUnlearningOne Updated 

Breakout zone crossed after 4 year Buy zone: 70 - 80 Price movement above 80 - which is a strong resistant zone - with good volume can trigger a fresh movement till 108. Initial probable target of 108 Note: Define your stop loss always | Not buy or sell recommendation

TheUnlearningOne Updated 

Indian Hotels breaking out after 24 weeks consolidation. Need to watch how the breakout above 227 sustains in the near term. Price zone between 236 and 227 is important. This channel can act as short term consolidation area. Movement above 236 can add further momentum. Short term target of 288. Long term (12 months) probable target: 330. Note: Not an advise...

TheUnlearningOne Updated 

After forming a cup and handle pattern, the stock price is setup nicely at the buy zone above the breakout level of 2730. Medium term target of 3276. Trigger SL if price breaks down below 2543. Not a buy/sell recommendation

TheUnlearningOne Updated 

Reliance is trading in the channel with an upward bias on a weekly chart. 2600 and 2710 are levels to watch out for. Above 2710, 3253 is the next level where the price can meet resistance as per Fibonacci. Strong support visible at 2331, in case of retracement. Also, stock is above the 40 and 10 weekly EMA.

TheUnlearningOne Updated 

On Friday, the stock closed at 227.4, which is near the all time high price and multi year breakout level of 228.8 Buy zone between 214 - 228, is also a good consolidation zone. Can see good momentum in the stock price upward of 228. Initial price targets of 250 and 275 in the short/medium term. However, one must manage their position based on their risk...

TheUnlearningOne

The chart has formed a double bottom formation with pivot point at 398. 383, 398 and 412 are also important support and resistance zones. Keep a close watch on the price action in these ranges. The overall trend is positive though the stock my consolidate in the range between 369 and 383 in the short term. Beyond 383, 398 will act as immediate resistance and...

TheUnlearningOne Updated 

Currently the price is in a narrow price range. Good buy range between 608 and 623. Follow strict stop loss of 5-8%, depending on your risk management. Can also see formation of ascending triangle pattern and breakout above 608. Targets of 675, 743 and 801 are placed at key support and resistance zone. Bullish above 801 and can see probable target of 1260 in...

TheUnlearningOne

After 12 weeks of consolidation, the stock price is hovering at 277, which is near the breakout zone of 284. The price might swing between 284 and 260, before it makes a breakout above 284. Upon breakout above 284, we can see levels of 330 and 345. Always keep a strict stop loss based on your risk appetite. Note: Not a buy/sell recommendation

TheUnlearningOne

Observe the price action within this range, between 108 - 120. Can be good accumulation zone. Initial target of 144, however, do always set stop loss and manage your risk. Note: not a buy/sell recommendation.

TheUnlearningOne

The stock price is setting up nicely in this price zone. Should give an upward momentum once it closes above 204. Short term target of 218 and 231. Always keep a stop loss as per your risk management. Note: Not a buy/sell recommendation, please consult your financial advisor.

TheUnlearningOne Updated 

Buying zone: 590 - 615, with initial target of 658 which is also the short term resistance zone. A move above 658 will take the price to 720. Support at 590 and 556. Exit trade if price falls below 556. Note: Personal analysis, not a buy or sell recommendation.

TheUnlearningOne

NIIT is setting up nicely here for a move. Keep it under watch and monitor its price action. Note: Not a buy/sell recommendation.

TheUnlearningOne

Today, after almost 5 months of consolidation, the stock price of BEL gave a breakout above 228. Buy zone between 228 and 240, with retracement support at 227. Stop loss alert if price breaks below 217. Probable target: 277. RS is outperforming the benchmark, hence strong stock. Note: Always define your stop-loss | Not a buy/sell recommendation, but personal analysis