anikethakur

anikethakur

"The bearish head and shoulders pattern played out perfectly. Nifty has dropped 12% from its peak. According to the chart, the downside might be nearing completion. Nifty could pause and recover to the first fib level. ****Covid support is still not broken**** However, BN has already broken the COVID Support and Sensex seems like playing with it.

anikethakur

I had a strong feeling about the USD/INR hitting 86. Back in March, I discussed it with a friend, and the chart pattern seemed to indicate a clear mirror level around 86. Now, it's incredible to see how close I was!

anikethakur

Indiabulls Housing @173, making double bottom on the monthly time frame. It looks like the stock is moving out of the base formation zone. Buy with a Stop Loss of 137 (also, the loss of the weekly candle) for the long/positional target of 300. Levels are purely based on the charts. There are multiple confirmations on the volume and price trend.

anikethakur

Gail @ 111.50 as of 22/07-2023. The monthly close on this month is very important for GAIL because the price never closed above 110 on the monthly time frame since June 2019. It has been in a long-term downward trend. There was Head & Shoulder on the monthly time frame formed between 2017-19, followed by a major correction of around 50-60%. Must add in your...

anikethakur

Zee Entertainment is currently trading at 206 as of 8/7/2023. The stock has been in a downtrend for over 2 years, continuously making lower lows (LL) and lower highs (LH). However, for the first time, the stock has started trading above its previous LH, indicating that sellers may have exhausted their selling pressure. Regardless of the news surrounding the...

anikethakur

Antony waste handling is all set to break out of the long-term consolidation of more than 3 years. Since its IPO stock tried to break the range on the upside but failed now it is trading on the very end of the peanut pattern. Buy for a long term at least for 2 years.

anikethakur

IndiaMart @ 4700 (BUY) This could be the most buzzing stock for the next 6 months. Head & Sholders on the weekly line chart with the 280+ days of consolidation. Must buy for a target of 6500+ long term.

anikethakur

DLF is moving out of the major consolidation after years of sideways movement......This is the perfect zone to accumulate the stock at these levels.

anikethakur

Zee Media @ 310 is looking too bullish on the daily chart. Runaway gaps on the chart are boosting the interest. BUY for long term.

anikethakur

Airtel @ 650 is looking good at this level. The recent sell-off did no harm to Airtel and the price action is looking strong. Buy and accumulate at this price.

anikethakur Updated 

BitCoin positional buy....the move may extend further.

anikethakur

Airtel @ 640 is just starting..... Breakout after the consolidation of 14 years....must for long term holding.....

anikethakur

Deepak Fertilizer @ 450 Accumulate between 440 -470 Target will be around 700 / 1000

anikethakur

The zone of 85-90 is now clearly broken and the closing is @ 96..... Head & Shoulders on the Monthly chart which is a supper bullish indication. Buy for a target of 180+

anikethakur

Cummins India @ 900, is trading near to the breakout levels....

anikethakur

Rounding bottom with volume addition, the breakout may push the prices really high

anikethakur

The stock is trading in a very tight zone of 50 rs for a long time. Adding on watch list buy above 1000

anikethakur

Breakout on the line chart....and the fibo targets are around 300/310.. It's a good buy considering the theme of Green fuel/Clen tech/health/G-mobility