ajaygundepogu

ajaygundepogu

Bank Nifty after the break-out from 41842 levels in the first week of November 2022 is looking to fly high. On the contrary it may try to test the said level to set a base. 42670 is the new hurdle. *Views are personal and not a buy/sell recommendation. Please consult your financial advisor before trading or investing. *

ajaygundepogu

L&T Technology is all set to explode! The counter seems so after it has given a break-out and failed to sustain multiple times at 3831 levels. The given channel can be considered for the trade set up. On the flip side one can look for yesterday's low. *Views are personal and not a buy/sell recommendation. Please consult your financial advisor before trading or...

ajaygundepogu

Ashok Leyland's trying to break out strong and sustain the levels of 143 many a times which it did in the recent past has gone in vain again, as it tested the said level again yesterday which it seemed to have a momentary respite. However, considering the past trends 143 level is always respected and this can be the strategy for the counter today. The given levels...

ajaygundepogu

After much battered performance yesterday NIFTY 50 is all set to put its SMA 20 to test today. It has to respect it (at least for some time) and try to regain 20 Moving Average if there is a gap down. If there is a gap up it can move in the given channel unless it has a big break out above the wedge. For that it should have a 300+ points break out. One can...

ajaygundepogu

After a much-battered performance of BITCOIN for the past one year, it is almost set to reach 19000-mark only after the break-out of the pattern. It has, however, to face multiple resistance to reach 21000 *The views are personal and not a recommendation of buy/sell. Please contact your financial advisor before taking any call.*

ajaygundepogu

After a big rally of more than 100 rupees from 21 October - 2022 to 14 November - 2022, JSWSTEEL has faced resistance and started moving down. As we know that this counter is in a big consolidation phase (accumulation or distribution) after it reached its all-time high of 771 which this counter tried to break twice at 776 and 790. The given channel can be...

ajaygundepogu

IDFCFIRSTBANK after its superb performance in its recent innings had to face the resistance and started moving down as shown in the chart. The recent target for the stock is projected as 61. The parallel path given in the chart could be its probable journey a trader can look into with a strict stop loss.