16000 PE 19th May expiry buy above 230 for T of 250-270-300 SL 185 educational purpose only
16000CE buy above 155 expiry 19th May Target T1=170 T2= 200 SL 118 as SL is dip , trade with less lots Educational purpose only.
Long Nifty OI data also suggest , we will not break 16000. By month end we will be above 17000
Banknifty long above 38900 daily closing basis Classic Cup & handle BO on cards if Budget goes well. Good opportunity to add banknifty bees at BO / supports PSU banks going strong Banknifty yet to perform as compare to other indices Targets and supports marked Not a recommendation and only for education purpose/
Buy CMP Target 240-280 + BO on chart momentum with volume Financial improving from last 2 years Only for educational purpose
1) Positive divergence visible on daily time frame 2) At bottom of parallel channel from 2018 3) Pinbar formed on daily chart and bottom of channel 4) Horizontal Support at 2310-2290 Nifty FMCG: 1) Formed pin bar at 200 DEMA 2) Positive divergence visible on daily time frame 3) Weekly price forming pinbar at 50 WEMA 4) Monthly price riding 9 MEMA Most likely...
UPL CMP:721 Targets could be all time high in 3-6 months Flag BO on cards Volume contraction after massive historical volumes Promotors buying from Open market Accumulation from long time in chemicals Wave 5 will start now 695-700 strong buying zone which is resistance turned support For education purpose only
1) With relaxation in all covid protocols and air traffic resumption to pre covid levels, airlines are gaining momentum back 2) Crude oil price gradually decreasing 3) Recent Quarter results shown reduction in losses 4) On monthly chart, Pennant BO is on cards 5) Momentum seen in recent price action 6) In current market fall this stock stood strong Considering...
BHEL is making inverted head & shoulder pattern on daily time frame. Also on weekly basis , inverted head & shoulder can be drawn (right shoulder with slight more deep due to volatility). One can go long BHEL above 80 with target of 91, 105 ,120+. Stop loss can be at 63. Time frame 3 months. RSI is favorable, MACD also becoming favorable. Price taking support...
Banknifty was outperforming Nifty during pre-covid levels. Banknifty was almost 2.65 times of Nifty levels in Jan'20. Banknifty may outperform nifty atleast by 2.65 times where it has resistance. RSI is also bullish for BN/Nifty chart. Today BN/Nifty weekly chart resisted at 200EMA levels , if it crosses same then it will reach to 2.65. (currently at 2.25) That...
Recently stock has crossed trendline resistance of years and retested it. stock seems to be back to track now. one can add at cmp for 130,141,175 targets in short term For education purpose only, no recommendation