TCS has formed a complete H&S pattern with IT forming the same pattern. If IT sector gets weak then TCS could be a good shorting opportunity. Levels for intraday are also drawn. Views are for educational purposes only.
Tata Motors was a downtrending stock since few years but it has changed its trend now. Closing above 200 will see the stock being doubled soon. It's ready for a huge huge upmove above 200, levels are mentioned on the charts. Note - Feel free to give any advice regarding this analysis down in the comments section. Disclaimer - Please do not take trades...
NIfty has broken the rising wedge with RSI divergence. It has also formed a Doji Candle taking support exactly from 50 EMA. It will be exciting to see what happens to Nifty below 14,000(50EMA & Low of Doji Candle). I'm not saying it will definitely fall but this is just a simple analysis and it might even prove to be totally wrong. But I feel below 14000 we can...
ICICI Prudential looking good on a weekly/daily timeframe. Above 508 it should march towards its lifetime high (538) and once crosses 540 levels, we can expect the 570 and 630 levels according to Fib extension and Pivot levels respectively. Note - Feel free to give any advice regarding this analysis down in the comments section. Disclaimer - Please do not take...
The stock has been on a downtrend since 2017. It has formed Inverse Head & Shoulders which is a very strong bullish reversal pattern. BEL should sail smoothly once it crosses the level of 124. Duration is long since it's a weekly timeframe analysis. Target should be - 145 and then 170. Note - Feel free to give any advice regarding this analysis down in the...