NSE:BHEL after correction has resumed the uptrend. Shall be ready to hit New Swing Highs.
NSE:NIFTY nearing breakout zone. Close abv 18220 and Uptrend may resume. Review at EOD close.
Tata Steel breaking out. Expecting Bullish momentum to set in.
NSE:JSWSTEEL broken out of Cup & Handle Base. Can expect good Rally
NSE:BHEL trying to break abv bullish pennant. Stock can give some bullish momentum abv 76.5 Towards Higher end of Trend channel.
NSE:ADANIPOWER Broken out of Falling channel or Bull Flag. If sustain can witness Rally to new highs.
TVC:DXY Finally confirms it's Bearish Reversal By Breaking down the prolong Uptrend. Now we can expect long term downtrend in DOLLAR to Resume. It's Highly Bullish for Stocks, Commodities, Precious Metals, Paired Currencies and Cryptocurrencies.
NSE:NIFTY NSE:CNXMIDCAP NSE:CNXSMALLCAP Diverging for couple of days. Ideally the broad market shall start picking up. While Nifty is getting selling pressure near the Highs today. Midcap and Smallcap Index getting buying near support zone. Midcap and Smallcap shall start picking up from here on. The Broader Market Indices must converge with the Mainstream...
NSE:ULTRACEMCO near to the Inverse Head & Shoulders Breakout. Above 7000 Can give a good Bullish momentum.
NSE:SBIN taking support. Uptrend can resume above 604 Can expect new highs.
NSE:NIFTY Breaking the support zone 18350 RSI Negative Divergence. Expecting some pullback.
Jindal Steel has broken out of Cup & Handle pattern with good Base and volume. As long as stays abv 470 we can expect good rally
NSE:BANKNIFTY Can give good bullish momentum abv 41830-50
NSE:TVSMOTOR Flag breakout. Looking for Bullish mmomentum
NSE:HINDALCO Nearing Breakout zone. Expecting Bullish momentum to set in
Nifty broken out of good base and consolidation. Can expect move to 18300-400 and New Highs
Bhel breaking out of Multi Year consolidation. Can give fierce rally. Disclaimer : We may have position in stock. Consult your financial adviser before taking any positions.