6th JAN 2022 GRASIM is trading near previous resistance level. Breakout of previous resistance level will have a good buying opportunity.
3rd JAN 2022 DEEPAKNTR had taken the support from its previous two resistance level. After pull back it had formed bullish candle indicating strong bullishness. RSI indicator has also taken the support of its 60 level which confirms bullishness. Above 2510 level good opportunity to go long.
3rd JAN 2022 NESTLEIND had given a strong breakout after a three months of consolidation zone which indicates strong bullishness in the stock. Above 19820 level good positive momentum can be expected.
27th DEC 21 INDIAMART is trading at the resistance zone. It had continuously formed bearish candles and it had also taken the resistance from the previous support zone.Below 6435 level good opportunity to go short.
27th DEC 21 LICHSGFIN is forming lower high lower low pattern on daily charts which indicates downtrend. It had also taken the resistance from the previous strong support level. It had formed bearish engulfing candle exactly at the resistance level which confirms bearishness. Below 354 level good opportunity for shorting.
27th DEC 21 M&MFIN is trading in the strong downtrend. Currently it had taken the pull back and formed strong bearish candle indicating weakness in the stock. Also RSI indicator shows the bearish signal as its resisting from 40 level. Below 144 level good opportunity to go short.
27th DEC 21 BATAINDIA is trading at the important resistance level. As it resisting from the previous support level indicating good shorting opportunity. Below 1805 level good opportunity to go short.
27th DEC 21 FEDERALBNK is trading in the tight range of 83 and 79 range. After taking multiple time support it had taken the resistance from the uptrend line which confirms bearishness. Below 79 level good opportunity for shorting.
13th Dec 21 VOLTAS is trading around its previous resistance level. Previously it had taken the support from the previous resistance level and resisted at 1282 level which confirms 1282 level is important resistance level. Above 1282 level will have a good buying opportunity.
13th Dec 21 TCS is trading in the range since last week. It is consolidating at the support level of previous resistance which indicates bullishness in the stock. Any sustainable move above 3670 level will have a good opportunity to go long.
9th Dec 2021 On daily charts it had formed lower high lower low pattern formation. Breakdown of previous swing will again consider downtrend below 584 level will have a good shorting opportunity.
3rd Dec 21 LTI had taken the support from the 30 day moving average. Historical data shows 60% of the time it had worked. Which confirms it's a good support. Above 7010 level good opportunity for buyers.
29-NOV-2021 DLF had formed double top formation on daily charts indicating bearishness. Also the RSI crosses below 40 level which is also a sign of cautiousness for bulls. After retest below 375 level will have a good shorting opportunity.
25-Nov-21 CIPLA had taken the resistance from the 30day moving average and also taken resistance from previous consolidation zone which confirms bearishness in the stock. Below 883 level will have a good shorting opportunity.
25-Nov-21 On daily chart BOSCHLTD has formed double top pattern formation. The chart is taking resistance from the previous swing low candle indicates probability of bearishness in the stock.
After a strong downtrend there is pull back candle and now again it formed bearish candle. Now below 620 level there are strong confirmation stock to go down.
After a minor downtrend price had taken support from the previous support zone. Breakout above 3200 level will confirm the uptrend as it breaks previous swing high.
TITAN formed good buying setup on hourly chart as well as on daily chart. Above breakout of Important resistance zone will have a good up side move. Above 2560 level good buying opportunity.