Today, the resistance levels are tested 3 times before it is finally broken to the upper side, and then check the rally we have. For today's price action the learning is, the market will test the resistance multiple times before it actually breaks it. To confirm the breakout, we have to wait for a minimum of 3 times the market touches the resistance level. 4th...
Bank Nifty will fall another 1000 points tomorrow. next support level is at 34270. it has tested 4 times in the recent past so I think it will touch it tomorrow.
Looking good for long term investment ( minimum 1 year) ROCE : 36% PE : 13.8 Debt/equity : 0 200 Day moving average: 231 Volume: Increasing daily/weekly/monthly Currently trading at 40% lower from its 52w high. Resistance levels: 1st 267 2nd 310
Resistance as below 1st : 77 2nd : 90 3rd: 190 above are the 3 resistances for cafe coffee day stock. currently looking bulllish on the chart. volume is very high as compared to the average volume.
Lupin is looking good for short to medium term. Stock is at its demand zone. More and more buying is expected at the buying zone. Good buy if it crosses ₹ 1000 level. first resistance (target) is ₹ 1157. Stop loss : 972 Disclaimer : this is only for the education purpose, do your own research before making any buy/sell decision.
Adani port has broken the resistance of 740 and closed at 753. One can buy for a target of 850 in a short term. Stoploss : 705 Disclaimer : this is only for the education purpose, do your own research before making any buy/sell decision.
As suggested in earlier analysis, the stock has broken the resistance today and closed above its resistance of ₹ 1465. Triangle pattern is showing an upward bullish trend. Target : 1580 Stoploss: 1350 Disclaimer : this is only for the education purpose, do your own research before making any buy/sell decision.
Just one step away from breakout. Once its done, you will see this stock flying high. Disclaimer : This is just for educational purpose. Do your own analysis before taking any position. I am not responsible for any profit or loss.
Bearish Head & Shoulder indicating downward trend. There was already a bearish triangle pattern i found last week and now this bearish head and shoulder pattern is confirming down trend. One can short Maruti for a target of ₹ 5800 with a stop loss of 6800
DLF is trending at very crucial level. The immediate resistance is ₹ 320. If it breaks this level, you can buy it for a target of ₹ 360/370 in short term. Keep a stop loss of ₹ 280. There are very good chances that this stock will take a reversal and move towards its new high in coming days. RSI will also move above the level of 50 if the stock touches 320+....
There is a beautiful triangle pattern is forming in Adani Ports. Stock is waiting for breakout. Entry level is ₹. 720 for a target of ₹ 880.
Perfect Triangle pattern is emerging in Happiest Minds Technology. It is waiting for the breakout. 1st resistance is 1465 which can be consider as an entry point. closing above this price will be a bullish trend and target is 1550 for short term.
Short Maruti below ₹ 6810 for a target of ₹. 6650. Here mostly the stock look weak and so will go down hence i an advising for short position.
SBI card looks really bullish with double bottom and triangle breakout. one can buy for a short term target of 1140 in a month max.
SBI Cards looks good on chart. recently it has broke the resistance, can buy for a target of ₹ 1140 within a month.