Vipuljain5

Vipuljain5

Being always we have seen the gaps any left in the rally are filled back n forth and a similar gap between 01/12/2023 - 04/12/2023 is still there alive. We might feel the conditions to be optimistic but the reality is euphoria where any corrective move with 1%+ seen on any single day will be causing bigger impacts.

Vipuljain5

Markets to correct soon to 16400 level in coming 2 months sell on rise should be current scenario.

Vipuljain5

The MCX has corrected by 45% from 14/10/21 - 24/02/22. On daily time frame we can project the Elliot wave impulse pattern and we can see that in coming days this is the next projected move with best returns.

Vipuljain5

Markets has formed a death cross sign on the weekly chart indicating a major breakdown ahead in coming days. Previously you can also witness the similar pattern and the similar action. Since there so many gap ups and gap downs in the market recently. Markets looking for a support around 16900 and resistance around the 17450. For coming week this would be the most...

Vipuljain5

IPCA labs are looking good on charts with both the time frames daily and weekly. On coming positional basis we will buy around 1030-1050 for a target of 1128 with a SL of 1000

Vipuljain5

The dollar index is rising continuously amid indicating tough calls for Indian economy and rising Inflation fears with Crude oil impacting the notional budget of the country. Check on the levels earmarked.

Vipuljain5

The Gold is making a W pattern on the weekly charts of Heikin Ashi candlestick pattern and will complete the move till $1915 without any major hindrance in the journey. This will bring more sell off in the stock markets and outflows from the FPI n FII. So stay conscious and better not to be sorry on heavy positions.

Vipuljain5

Reliance is the best pick from hereon and I would suggest to buy at cmp for a target of ₹2600 with a add on benefit to add the stock till 2371 if anyone wants to hold it for long term. In my chart it's clearly seen that in last weeks the stock is making the support around ₹2460. There is a previous resistance and current support at the current level. Also if...

Vipuljain5

My view on Nifty is very clear that the TOP is not there and the strength is yet endured for the long term. Minor corrections will be phased out occasionally in a single day's move. This is extension of the 5th wave which actually got ended on 15th Feb 2021 but after minor correction during the March month the wave shows the strength and continues till now n will...

Vipuljain5

PNB has turned down all the odds and after 8 months consolidation the stock has shown a big breakout on the charts and its no more a RED symbol and now it turned into a GREEN. I m personally invested in this and the stock is always facing a resistance at 43 mark which is broken today decisively. I m bullish on PSU banks and they will be next untold story.

Vipuljain5

Now the best part of this current rally is that PSU banks are contributing with their best results and price action. As u can witness after so long the Canara bank is showing a high on rally with continuous green closing weeks showing buying at every lower levels. From here on if I see within next 3-6 months time line the stocks looks good to get double. RS Nifty...

Vipuljain5

HAL on daily chart making a rounding bottom pattern breakout and looking to extend the move and supported by the volume and MACD line is crossing from below the signal line. Secondly the Bollinger Bands are getting wider.

Vipuljain5

I m observing in various banking stocks that this is the time to accumulate some good banking stocks and create your own basket and enjoy the upmove that's going to come in near time. For any more info msg me. Please if I'm wrong on any part of mine do correct me critics are happily welcomed.

Vipuljain5

ITC will now take the charge from here on to take the nifty to new higher levels and I’m betting on this is biggest joker of all time from here on too. This is also triangular breakout and RS Nifty is also giving an impulse upmove and the MACD is also supporting along with the volumes. Ab our kya loge ITC ko jo jaise chase Karna chahe Karlo.

Vipuljain5

Happiest minds has been consolidating from the 16 July till now making a death cross on the bottom indicating a bright strong up move from here. If u can see there were many instances to break the 1354 level on the lower side but the stock resisted there and after taking support from there it is ready to make an up move. This is supported by the RS Nifty where the...

Vipuljain5

I think markets are looking optimistic and would Sail ahead in the time on a high tide of new records

Vipuljain5

There is rounding bottom formation on the weekly charts and we can clearly witness the sharp uprise in the volatility leading markets into the riskier situation abide to stocks only not to the indexes anymore.

Vipuljain5

Tata motors are ready to say bye-bye to the consolidation phase and making a double bottom pattern in the Heikin Ashi chart and it's a neat clean breakout above the 327 levels.