YS9

YS9

It getting tighter and tighter in weekly time frame. Any breakout above 78.50 can give good upside.

YS9

After long time the stock has come near lower range of BB. It may be bought with small quantity if purchased for trading. Otherwise it is good level for long term accumulation. 1750 can be kept as SL for long term investor. Long term means more than 3 years minimum. For trading buy small quantity with 3% SL. If turns favorable then add else take SL

YS9

Taking support near lower BB range and even pharma index is also taking support near lower range of BB. Some long may be initiated with SL of month low. As stocks move in favor position may be added.

YS9

It seems taking support on lower range of BB. Some good bounce is possible here. March is going to get closed soon. Hence closing above lower range of BB will give more clarity. Low of March can be kept as SL for longs in Pharma

YS9

It seems at goo level. SL can be kept below 188 and if starts moving up then can be trailed for big target as it is monthly support so we can expect some good up move here

YS9

On verge of breaking out. Let it break triangle. It seems that trend is reversed. Small position can buid in anticipation of breakout and remaining can be made once clear breakout happens..

YS9

It is breking trendline in weekly chart. It should come up else it will create worries in mind of bulls. And some reversal may not happen in this extended down fall in overall market. So keep reliance in watchlist with index.

YS9

It may take support here as the stock is in uptrend first expectation is that it will continue the trend. Let it take support and then let it give low risk entry point then enter. If it is not coming then let it go..

YS9

It is at make or break level. Don't rush and presume reversal or breakdown. let it happen then wait for some retracement and then have snipper shot

YS9

Upper Channel seems breaking out in NIFTY. Long can be initiated with SL of 17780. 20 DMA is rising and price is above 20 DMA hence trade is in direction of trend.

YS9

It is forming VCP pattern in daily time frame. It seems it will give breakout. Half quantity can be bought at current level in presumption of breakout with SL of 525 and after breakout more can be added. The way volatility is contracting it should give breakout. Here nothing is final so it may not breakout hence keep SL for sure.

YS9

It has broken the channel in down side but there is horizontal support near 2300 level. Horizontal supports are more powerful than trendline supports and it is round number also so I am in opinion that 2300 level will be hold and good upside in one year time frame can be captured from here. SL is comparatively very much less here compare to huge upside in long...

YS9

It is an interesting set up. Price is in channel and break above 470 can give 100 rupee upside. Many auto stocks are also showing the strength and hence it may also works. M&M can be good trade but it has run up fast and currently at all time high. Any retracement in M&M is also good buy. But I am not comfortable with that stocks dont know why but not suiting to...

YS9

Good technical pattern under formation. Once the triangle breaks on the upside there can be target of 11000. All the cement companies shares are doing good except ACC & Ambuja which are under pressure due to other reasons. Hence, It will be good to take this bet as whole sector is performing there are higher chance of breakout but for safety perspective SL has to...

YS9

It is is channel and now it may break on the upside provided market sustains above 17900 zone. Here it can be bought at this level and SL can be kept near 114. Once the level of 121 is crossed with good volume also more quantity can be added.

YS9

It seems at good level. Closing above 3500 may give good upside. As on today there is good open interest is there at 3500 strike. If breakout sustain it may help stock to rally faster in term of short covering

YS9

It seems in triangle pattern under formation. 44000 level on upside and 40000 level on down side is important for any meaningful move on either side. My bias in on short side. Time will tell what will happen

YS9

Nifty has given breakout of the trendline, went up and then came down breaking the trendline support. Now if we extend the trendline then it seems it will again come in between till 17900 zone. Once the same is broken on upside we can see some good upside. Till then it seems fingers crossed.