TheWizardsZone

TheWizardsZone

If the breakdown sustains then big fall is on the cards. For any short trade a SL above 540 is good. Targets open

TheWizardsZone

The stock corrected almost 25% from Top. After forming a double bottom around 880, the stock is giving multiple breakouts....a Double Bottom Breakout and trendline resistance breakout....the new CEO has taken charge and the commentary he gave may have been liked by the street and can be a potential trigger

TheWizardsZone

Multiple breakdowns on cards....if breakdown sustains we can see a decent correction

12:22

TheWizardsZone

Lot of people asked me today....where will we form a bottom? So, I thought of recording a short video capturing my views on some of the major Indian Indices and where can we form a bottom

TheWizardsZone

Shree Cement is breaking down after forming a double top. If breakdown sustains we can see 20k on the stock. SL should be above days high

TheWizardsZone

Stock is breaking down from up trending channel and 200 SMA....with listing of Zomato and Policy Bazzar they become direct plays too. So, stock may see some selling to continue

TheWizardsZone

Bharti is breaking down below a rising wedge pattern. It is also breaking below 21 EMA. With no positive triggers left for them they may see profit booking.

TheWizardsZone

Still early days but Deepak Nitrite is confirming reversal on 15 min chart. Few more resistances to cross before it becomes fully bullish

10:33

TheWizardsZone

Analysis of major Indian indices as on Nov 29th. Some of them have tested major support levels today and showing initial sings of reversal. Will need confirmation tomorrow

TheWizardsZone

Vodafone can be the stock to watch in 2022. With Jio hiking price, price war in telecom sector finally gets over. It should ideally pave way for Idea to raise funds. Stock has a potential to be rerated from here. Will be watching for breakout above INR 14 on charts to signal the same.

10:04

TheWizardsZone

Detailed analysis of how Sectoral Indices are stacking up against Nifty and new trends which are emerging out of the same

TheWizardsZone

So far it was just a catch-up..if the breakout sustains then the real move begins....Stock can do 250-300 in next 1 - 1.5 years

TheWizardsZone

If Industower sustains above 280 then huge rerating on cards. Stock is cheap. With Vodafone surviving triggers are in place for a rerating

TheWizardsZone

Long @1720 with SL of 1680...target 2000+....may be by result things will play out

TheWizardsZone

Can potentially do 100 and more. Creation of Bad Bank can be a big trigger for all PSU Banks

TheWizardsZone

HAL has formed a double top today. Their was a CNBC flash of a possible OFS by Government in the counter. It is offering interesting shorting opportunity backed by a negative news at all time high. Good Risk Reward

TheWizardsZone

Nifty respected the 1.618 extension of the Mar 2020 correction and went into a 10 week correction post that. Now it is 2.0 extension. Will it make a pause or go on to move towards 2.618 extension straight away. Lets see

TheWizardsZone

Stock has broken from a 10 Year consolidation. Target comes to 6500+ if breakout sustains