Vipuljain5

Vipuljain5

The Canara Bank is showing good resilience on charts from the bottom year lows to the new range where it is moving ahead for a breakout @ 206 with a strong base in the range of 130-140. This is a monthly chart where we can clearly see the RSI is also in an uptrend. Hold for Long term perspective.

Vipuljain5

MMTC is looking superbly good as it's going to break the bottleneck of the last 7 years in the upcoming few days. It's in the breakout range and once the levels of Rs. 80 are crossed the targets are yours.

Vipuljain5

There is a clear correlation between the Bitcoin n the Dollar index working in same direction being Gold has the inverse relationship with both of them. As its clearly seen the as the Bitcoin has no intrinsic value on its own but derives its value from the Arbitrage. Its just another commodity for the traders and investor to arbitrage against other asset classes....

Vipuljain5

A similar breakout pattern formation of Bullish White Marobozu candle on daily charts likewise on 9/09/2020. We are expecting a rounding bottom or double bottom pattern breakout signaling a positive start on Monday. TP - 2150, 2187, 2235. SL - 2036.

Vipuljain5

The Market is seems to be in a Rugby ground where it loves to beat and run and hit the ground first but the strength to run longer seems to be getting exhausted. Its better to nudge the nifty and go stock specific. Comments are welcomed and levels can be shared.

Vipuljain5

This is weekly chart which clearly shows that since April 2107 the charts are in uptrend despite the last years fall and other various ups n down the stock is still trading on higher highs and making investors wealthier. This is one the strong stocks that should be accumulated when comes and sit tight on the stock to enjoy high dividend yield and good handsome...

Vipuljain5

There is a rounding bottom pattern formation in the last 15 trading sessions and there is a clear breakout in the reliance on charts with a strict stop loss @ 1987 with a target of 2024, 2044 & 2060 positionally. Another confirmation is that the last 4 closing sessions were above the 55 DEMA that's the major reason to go long on the trade and long term levels are...

Vipuljain5

The Bank Nifty has shown more resilience to pull back and go forward and take the lead. I have indicated all the Resistance and Support and we can the Rounding bottom pattern formation with Elliott waves supporting the uptrend in the financials. Any further lead from here in Nifty is because of the BanK Nifty.

Vipuljain5

You would find yourself in a FOMO position ooohhh I missed it but in the market, there is no place for such emotions. One has to be on Toes to grab what they are going to get. I created a trendline from last year's lows to Friday's low. The Friday's close was exactly the close of 10/03/21 & there on we see a good deep retracement. Also on the weekly chart if we...

Vipuljain5

The Chart is beautiful to watch and earn with a long term position. The chart clearly depicts the Elliot waves pattern and the motive waves are in full swing taking the chart to new swing Highs. Accumulate around the major support of Rs. 174 and go long for a triple century by the end of 3-6 months time period giving a return of 40% minimum.

Vipuljain5

The stock is in trend and looking for a breakout on daily to weekly to monthly. On RS Nifty if we see on weekly chart the earlier support is now current resistance. Once broken above Rs. 323 the high of Jan 2019, it will be heading for the all time high of Rs. 368. Moving above all the DEMA may it be 21, 55, 100, 200.

Vipuljain5

The stock is showing similar pattern of sideways movement and may be a respective fall. As the median line of the Bollinger Band of 21 period line from the above of 55 EMA. We can witness the same pattern from 29/09/2020 till 14/12/2020. The RS is also going flatten despite the green candle with a 2 day volume. Its trading near to its support levels.

Vipuljain5

Nifty index is having gap up openings from last 4 forming unclear direction with Doji's and trading through the day in that particular gap up opening range. In last 2 days the bearish engulfing candles were formed indicating the breakdown and will find the Support near 14637, 14600, 14500. Resistance near 14789, 14850, 14900. More confirmation comes from the RSI...

Vipuljain5

If we notice from last 4 trading sessions the BankNifty was unable to decide which directions it wants to go. There is a gap up opening and the whole day just doing time pass and forming Doji's. Now in last 2 days direction was clearly defined in downtrend. Support near 32270, 32190, 31900 and Resistance near 32640, 32872, 33028. If u Look at 26/2/21 RSI was at...

Vipuljain5

The stock is trading at a PE of 30 with one least among its peers and has great potential be next multi bagger stock currently trading in blue sky zone. Accumulate around 390 if it comes down and on long term basis the Support is near the price of 324-327. Hold for long you won't regret this buy call.

Vipuljain5

Another Multi Year breakout chart is here. This time its GAIL and its going to break the levels of 13/08/2018 highs of 176.95 and this time its with the volume too. Post 176 it will be going to hit double century with near term of 1 month. Then in the blue sky target is unlimited. PSE's are in demand. Even on the RSI indicator there is triple bottom, forming from...

Vipuljain5

Nifty is unable to decide its position and forming various Doji's and for me markets going to correct now as per Dow Theory principles. Nearest Support will be 14750, 14673, 14570 & will face resistance near 14928, 14979, 15044.

Vipuljain5

The markets are not able to find its directions and there the US markets enter the game they will now decide the direction. For tmrw the outlook is Bearish with Support near 32670, 32570, 32348 & major Resistance near 33131, 33250, 33450.