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a. Zone: Moderate Bull b. Resistance 1: 20624 c. Resistance 2: 21238 d. Support 1: 19764 e. Support 2: 18782

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a. Zone: Moderate Bull b. Resistance 1: 9978 c. Resistance 2: 10119 d. Support 1: 9729 e. Support 2: 9658

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a. Zone: Strong Bull b. Resistance 1: 21237 c. Resistance 2: 21513 d. Support 1: 19857 e. Support 2: 18754

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Nifty: a. Zone: Strong Bull b. Resistance 1: 10117 c. Resistance 2: 10273 d. Support 1: 9649 e. Support 2: 9416

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With a recent spurt in the upward price movement, people are thinking of it as a good bet for a long position. But when we dig deeper we found out the steam is about to finish. Currently, we are getting a lower series of shoulder and upper series of the waist which is a perfect pattern of a triangle, and a breakout can happen anytime. As the overall trend is Bear...

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PFC is trading in a strong downtrend with a series of the lower waist but now we can see that from the bottom it is trying to break its downtrend line. Currently, we have support at 75.80 from which it takes a U-turn and moving upwards. At 89 we will see the trend line break out as well as shoulder break out and we can take a long position here with 50% capital...

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2 patterns are about to happen in Bankbaroda. a. Double bottom at 33.40 b. Taking support in a downtrend line. Both of the above things are going to happen at the same level of 33.40. So we might see a temporary pause in the fall. One shouldn't jump into buying by seeing the double bottom pattern because if this pattern breaks then the next support is at 16.7...

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On a daily chart, Icicibank is entering into a demand zone but it is still too early for traders to enter long. This is the time to watch patiently the moves. If we look into history we can see that it moves once it crossed 361 levels. NSE:ICICIBANK

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On a daily chart VEDL has just broken its previous shoulder and forming its rising shoulder pattern which is a bullish pattern. Short term trader can go long with stop loss at 73.80 and long term investor can maintain their stop loss at 65 which is a very strong support zone. Tripple bottom pattern has been formed at this price. Even the near term resistance is...

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BHEL is in a downtrend channel from 11th April with a continuous series of lower waists. But at the same time two things can be noticed here: a. A rising shoulder pattern is forming which means if the price crosses above 27.60 then we might see a bull run. b. Price is trying to cross the red zone and about to enter into a green zone which is also a bull sign but...

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Bajajfinsv is moving towards its strong support zone at 4022.75 on a monthly chart. One shouldn't take any decision till the time stock trades between 5531.30 & 4022 as we might see stock trading into this zone in a zigzag manner for a long time. All the price mentioned is on a closing price basis on a Monthly chart. Swing traders can take a long side once it hits...

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SBIN is creating a continuous series of the lower waist in a daily Kagi chart started from 5th Feb indicating a bearish sign. But at the same time creating a very strong double bottom pattern at 151.80 levels. At this point fresh entry on any side should be avoided. The trader who is in a short position should hold the position with stop loss at 184.25. Traders...

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Bajaj Finance is in a very strong Bear zone but at the same time we can witness in a monthly chart, it is creating a double bottom at 2024 levels which is a very crucial levels, if it breaks then we might see the price in 3 digits. One can wait to see these levels patiently and take their decision on a monthly closing price basis. It also has a strong resistance...

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IDEA is trading into a triangle and at the same time it is creating a double top pattern at Rs.5.5. So we might face some resistance there but at the same time we can also witness the lower trend line of the triangle is directing upward which is a bullish sign. Keeping all these in mind one can go long at Rs.5.00 with stop loss at 3.85. Idea has strong resistance...

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In a weekly chart, coromandel has bounced back from its 61.8% retracement zone and moving towards its all time high. This can be an opportunity to go long above 633 with Sl@506

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In a weekly chart, #Infratel is trying to get outside of the triangle with an upward trending RSI(15) which is a bullish sign. One can go long at 196 with SL@173 which is a very crucial support zone, breaking of this can get us to 153 & 131 levels. So maintaining a strict stop loss at 173 is a mandate. In an uptrend, we might get hiccups at 241 & 274 which will be...

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In a monthly chart, Wipro is forming a double bottom chart pattern at 166 levels whereas this level seems to be weak and the probability of breaking this zone and slide further is high. Witnessing of 125 & 114 levels is very high in case price slides below 166.

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Bullish momentum has started in Bhartiartl from 9th April which has touched the ceiling at 569. This zone is a "MAKE OR BREAK" zone as we can see in a monthly chart that it has touched the upper trend line and in this zone, we can see either of 2 things: a. This time it will break the upper trend and make an all-time high. A bullish trader who also thinks in this...