amit1729kmr

amit1729kmr

CG Power has had a good run lately and from the levels of 70 made a high of 210. However post that the stock has seen profit booking happening and is at a critical juncture. If the stock breaks 165 level it would find its first support near 143 and post that it has a support at 125 . It is also important to note that if the price breaks the trending...

amit1729kmr Updated 

Bank Nifty after giving good upswing has been consolidating and one can go long if it sustains above 38120 for targets of 38450 , 38850 snf 39350 and stoploss should be 37850 . Any voilation of the trending support lines makes the above trade null. Please trade on your own risk and this is not an investment advice whatsoever. Please do consult your financial...

amit1729kmr

Indiabulls Housing Finance is moving in a parallel channel and the supports are moving a notch higher with passage of time and since the price is at lowest end of the channel , it gives a good opportunity to go long in this stock . The stop loss for the said trade should be 200 on closing basis and Targets could be as high as 313 in short term . The trade would...

amit1729kmr

The price has formed an inverted head and shoulder pattern on daily charts and Targets are maked which could be achieved if price breaks 310+ level which has been a hurdle and has been tested a couple of times. If a successfull breakout happens based on the said pattern thn price could aim for 350 + and 400+ levels.

amit1729kmr

My perspective on SBILIFE . A simple strategy of price moving in between two lines i.e Support and Resistance lines and that too dynamic lines. The Support and Resistance lines are already marked on the chart and as seen the price is taking a reversal from its Dynamic reistance line.

amit1729kmr

Chart is self Explanatory. All levels are marked on the chart with proper drawings indicating the support and resistance levels and Final Targets too if any one wants to get into long trade post the triangular breakout.

amit1729kmr

Chart formation with detailed explanation. Long above 720+. A cup and handle formation with a cup of more than 4+ years . Long Term target could be 1100+