Vishy5

Vishy5

As expected & explained in my Jan 22nd analysis that stock would not go upside beyond 288 It tried twice but finally resisted and fell And while falling it now broke important support area near 260-62 So now when its pulling back, it is expected to repeat previous pattern and resist the area of 260 - 62 As it is now the new resistance as well as the flip...

Vishy5

Stock making lower highs past few months But not actually making new from 2+ months Right now stock made a strong demand zone before going up Feels like it will be tested once before actually breaking the trend line So a good straddle candidate with right volatility Or a good trend trading can be done at both levels Trade cautiously considering all the factors and...

Vishy5

Recently stock managed to breach the yearly low of around 994 and went downhill upto 933 We saw some buying from the same areas as it had monthly n weekly demand zones With that stock managed to pull itself back to 1k+ levels But it seems struggling days are not yet over for axis As we can clearly see, stock has got multiple and strong resistance point on...

Vishy5

As we have seen stock respecting demand and supply zone most numbers of times Currently stock is stuck between a strong demand and supply zone Also it has been trending in a lower channel As of now we have a high area of confluence where supply zone meets the upper channel It can most probably act as resistance Downside we have a demand zone too So area of...

Vishy5

As we can see stock doing sideways journey from past quarter between 160 - 180 Finally trend line has also been broken recently Now at this point it seems that stock will resist one final time at previous resistance area of 178 - 180 If happens so, it may also try to give a pull back till the trend line or previous support area of 158 - 160 Post that it may...

Vishy5

* Stock now getting ready to reach near its strongest resistance area of 6165 - 6300 * It also happens to be a flip zone so stock will surely try to get stuck and even turn bearish from the same level * Lower Time Frame Confirmation is compulsory to enter * Downside target near 5250 -5200 can be expected * Right now it is in a wait n watch situation * As...

Vishy5

Stock has broken the trend line with excellent candle making a fresh demand zone area of 1070-80 It also contains a lower strong zone at 1020-30 Chart suggests to bounce from current levels If happens it may try to reach near its first target area of 1190 - 1200 As market seems too volatile, take confirmation on lower time frame before opening a new positions,...

Vishy5

Past 3 months post result stock has continued its downtrend Now approaching its major flip zone which may try to act a support Area from 710 to 740 can act as a reasonable support A good buying opportunity can arise there with good risk reward 700 can act as a final downside for SL 900 on upside can the area the stock may try to approach

Vishy5

As the company is approaching for its results day & even the sector is expecting some surprises for them in this budget session. stock may try to go a little higher near areas 2225 - 2260 The above mention area happens to be a flip zone now and also DBD supply zone Any selling pressure seen in LTF will trigger sell call with SL above 2265 If not then will have to...

Vishy5

From the ATH of 26151 Nifty is almost reaching its 10% correction value @ 22635 Area of 22650 to 750 also happens to be the last strongest support point At this level it can be make or break situation for nifty Will be good to take a bullish bet with 22600 as ultimate SL(Closing basis) as the PE premiums are soaring high It may be a risky call but Risk to Reward...

Vishy5

Stock stuck in zone, and may try to remain in the same Upside resistance zone from 780 to 800 Downside support zone from 740 - 725 Final resistance at 815 Final support at 705 if opportunity arises and liquidity improves, straddle for next expiry (February) will be a good opportunity Caution : Quarterly results still pending, Wait for that event to happen first

Vishy5

Stock at demand zone Demand zone 1710 - 1740 Possible reversal from this area Drop Base Rally seen in daily Downside safe till 1700 (SL) Upside target up to 2000 Entry only if strong candle seen in LTF (Hourly) As market is in bearish mode

Vishy5

Stock reaching near its resistance as well as flip zone of 282 - 88 Area is a valid supply zone Any pull back in the area may push the stock further down again up to 262 to 250 this time Valid stop loss for upside may be 290 Will wait for sell signal in lower time frame (1 hour or so)

Vishy5

Stock at supply zone ( D - B - D) Area of supply ( 67 - 68) Downside targets 60 View negation above 70 Entry after lower time frame confirmation (1 hour)

Vishy5

Stock about to reach supply zone of 230 - 33 It also happens to be a flip zone (Previous strong support zone which now turned into resistance) Any bearish candle in LTF (Hourly minimum) will provide an opportunity to sell View negates with close above 235 Downside expectation at least 215 - 200

Vishy5

Stock in strong support Zone Zone area - 265 - 280 Also a Previous Flip Zone Expecting - Bullish View negation below 263 Area of Buying - 270 - 278 Upside Targets 330 - 350 Risk Reward - Excellent

Vishy5

Stock reaching a strong resistance area of 6585 - 6620 Bears may try to take control again of the stock Can be sold if get an confirmation in LTF (Hourly) with Sl of 6630 If all goes fine, we may see 6200 area back soon If it closes above 6630 then stock may go sideways to slow bullish for quite some time (Excellent Straddle Opportunity) Also area of 7300 -7320 is...

Vishy5

Currently Stock in mild down trend to sideways Area 1310 - 1330 become crucial Any close above 1330 will take the stock back to 1400 & higher Any close below 1310 will make it bearish for quite some time Then it will give an opportunity to sell on pull back Downside targets of 1270 & 1250 may follow Will wait for close in both the scenario