amoghn97

amoghn97

stock expected move bullish, taking support at multiple locations and expected to break the tight trend line. After the break out from the tight trend line stock is expected to move retest (retrace) and move bullish further. Pls check levels on the charts

amoghn97

stock looks bullish after head and shoulder break down.. resistance around 695 turned support in Jan. check levels on charts

amoghn97

Dabur to be watched for next new days. Looks to be bullish best on following few reasoning 1- support from lower trendline (yelllow) 2 - resistance turned support on horizontal area (yellow) 3 - this makes area of high confluence 4 - look for the breakout above tight trend line (red)

amoghn97

trend and pattern analysis 1- breakout confirm at steep trend line 2 - multiple retest and supports at support location (yellow arrows) 3 - resistance turned support (red arrows) generated area of high confluence, expected to move down till confluence area and take up from there. check levels on charts

amoghn97

KOTAK MAHINDRA BANK looks bullish. The flag pattern about to see break out. it is taking support around 1400. MACD indicator is also looks saturated wait for break out and take the call accordingly. Check the chart for levels.

amoghn97 Updated 

CIPLA moving bullish with support and resistance level as marked on chart. Now it has reached to support trend line which is also a support area zone around 955. It has become a area of high confluence and expected to take support again. watch the move, buy above 963.5.

amoghn97

AXIS BANK breakout and long run is anticipated as pull back from 200 EMA line. levels are mentioned on the charts keep an eye!!!

amoghn97

after breakout chances of consolidation or retest to resistance level.. levels are mentioned on the chart keep an eye!!!

amoghn97

SBIN showed a breakout and may get into consolidation or retest but continue the bull run. levels are mentioned on the charts

amoghn97 Updated 

TATA STEEL after breakout on 11th Jun retested the resistance trend line on 16th Jun. Probability of turning it into support can not be neglected. After retest it likely to move bullish. watch the move!!!

amoghn97

bank nifty Analysis phase 1- Fibo retracement 38.2% retracement from the May'2020 to higher high of 16th Feb 2021. Hence, down trend from 16th Feb to 22nd April is considered as a pull back. Analysis phase 2 - bullish move After 22nd April it moves very bullish with breakout around 22nd May over the trend line from previous high. this breakout confirmed bullish...

amoghn97 Updated 

Fibonacci is one of the important tool to predict and understand the retracement of the stock. MARUTI SUZUKI was in down trend since mid of Feb started retracement on 26th of Feb around 8610 and retraced by 38.2% till 7372, which is also a price at the current date. after this retracement it continued the down trend. A trend reversal is observed on 30th of...

amoghn97 Updated 

one of the best example of switching resistance zone to support. as stock looks to be in bullish move which moved side ways for some time from 15th of may. Further breaking resistance zone on 3rd June and retested it on 7th again. stock mostly will move bullish from here, following the previous trend and make high of atleast 10 to 12%.

amoghn97 Updated 

down trend started on 16th Feb retraced back at 38.2% and support line. as seen bearish but considering expiry and current covid 19 lockdown its likely to hit target 1.

amoghn97 Updated 

SBIN which at highest of the time, showing head and shoulder pattern. volume seem to be diminishing. watch for the breakdown below 430.

amoghn97 Updated 

Polycab seem to be saturated from last 5 days, no major move (less than 1%). MACD and volumes indicators too dying out, suggest loss of momentum. it will possibly breakout and move up the trend. watch out!!!

amoghn97 Updated 

TATAPOWER already broke the tighter resistance line and we see some consolidation too. it also breaking the overall resistance. stock will move bullish from here. with target around 114.5.

amoghn97 Updated 

continuously making patterns, breaking out quickly and then consolidating and breaking out again. follow the past pattern and back test it. keep watching!!