chakraveer1104

chakraveer1104

Escorts Kubota Limited, formerly Escorts Limited, is an India-based engineering company. The Company offers solutions for agriculture, infrastructure and railways. The stock is in retracement stage on daily and weekly time frame forming a PENNANT PATTERN. The Pattern has been broken out a shown in the chart. The Fundamentals of Company are strong with a Market Cap...

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Bajaj Holding and Investment , India Based Investment and Holding Company which focus on income from dividends, interest and gains through investment held. The stock is in uptrend on daily and weekly time frame and currently was in retracement move. The move seems to be over now as the stock is stuck in a range and forming a PENNANT PATTERN. We may see breakout...

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Break out and Break Down Range for Nifty on 21.02.2023 , 17830 to 17900 . Buy above 17900 for targets as 17960 and 18000, though it seems to be a rare possibility. Sell below 17820 for targets 17790 ,17740 and 17720 . 17740 to 17720 is high resistance area and we may see reversal from 17720 , and thereafter we may see a range movement. My prediction is as...

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This has reference to my previous study on HAL dated 16 Feb 2023 and the chart detailed above. The scrip is now coming to the entry level . One can enter the trade after price action only and set targets as detailed in the chart.

chakraveer1104 Updated 

HAL has failed one of the most successful pattern HEAD and SHOULDER today, with CMP 2663. With support at 2526, It may shoot to the target of 3030 in no time ( Weekly TimeFrame) as its PE Ratio is just 14.12 as compared to Industry PE Ratio of 37.31 . As the chart has already broken the resistance with a very high margin, it may or may not retest the support. SL 2525

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United States Based FMCG Company , listed in Nov 2022 is Still waiting for price correction. The subscription stock value which was Rs. 285 jumped to 450 within 3 days and since then there is continuous fight for Price correction. We can see the triangle pattern on the chart where the price was getting continuous rejection from resistance level @ 448.20 , However...

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My Intraday Set up for Asian Paint for next few days. As discussed previously , the stock has just seen the reversal trend in upward direction , we must thus wait for opportunities to buy. On 15 min chart , the stock is currently in range as detailed in chart. Once the breakout is seen , we have the opportunity to enter the trade. The entry trigger will be the...

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So , here I share with you the strategy for Intraday Trading for AMBUJA CEMENT . On daily time frame the Stock with CMP as 352.45 has already entered the reversal pattern and has potential to go trend up till 595. On lower time frame , i.e. 15 Mins , the stock is in range. If Stock Breaks this range , as detailed in the chart , we can enter the trade with...

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My Predictions for Nifty Movement ... Though Nifty has shown uptrend in short term time frame (15 and 5 Mins ) , but the downward trend continues on daily and Weekly chart as the previous swing failed to break out the LH on 23 Jan 2023. Hence while keeping both small time frame trend and daily time frame in view and the technical analysis , I predict today's...

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AIA Engineering, a certified ISO 9001 company, specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries. Market Cap of Rs. 26,257 Cr and low PE of 26.73 against Industry PE 35.88 . With a consolidated net Profit...

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Asian Paints Ltd does not need any introduction. With Market Cap of 2,69,000 Cr and a legacy of pre -independence foundation in 1945, the stock is all time favorite for for both retail and Institutional buyers. Currently the stock has just reversed from its downtrend and stands @ 2833.60. The chart has already tested the support @ 2820.10 which is our stop...

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One of the India's leading and oldest cement manufacturing company and well known brand of Middle Class Segment of our Country AMBUJA CEMENT, had shown some sharp declined in Jan 2023. However buyers are back and the chart is in the Demand Zone. Let us analyze signals we are getting from chart. 1. The Stock has already faced rejection from both Distal line and...

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This scrip is certainly a Cash Cow for the Traders in next few days. Here we see TRENT LTD in completed CUP and HANDLE Format. The Chart has retested the support level at 1286 and crossed above the level 1340.55. First Entry level @ 1340 has already crossed as stock is trading @ 1363.10. However, if it retests the support level @ 1340.55 , one can enter the trend...

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Here comes another Stock for Day Trading for 17 Feb 2023. The Chart is breaking out Ascending Channel @ 920.85. In hourly Time frame, it is already showing price action at this level. Thus, signaling that we may have a new support @ 920.10. Thus, we may see a breakout with new targets as 975 and 1065. Entry Level is 933 not before that , with a small SL of...

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Another beautiful Chart of Indian Stock Market, KEI Industries is too eager to cross its 52 Weeks high of 1730.95 and set a new all-time high. On 1 Hour Time Frame, it has already broken the resistance at 1678, with price action after breaking the TREND LINE at 1645. The entry level is 1685 with SL of 1673 and the chart is all set to make a new all-time high while...

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A Detailed analysis of TCS for Medium term Hold (1-3 months): CMP 3558 The Chart has broken down the long-term resistance at 3485, however, the CUP formation is yet to be completed. Once the CUP is formed at 3815, which certainly is our first target, the Chart will show some correction and price action to complete the HANDLE formation as displayed in the chart....

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RAIN INDUSTRIES : On Weekly Time Frame it shows break out is awaited within few days, may be in the very next week. If it breaks out (Whose probability is high as it is currently supported by 200 EMA) , long term target would be 340 with some resistance at 240. with a very small SL , one can plan a long-term profit booking from this stock. Stock PE : 4.50...

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USDINR CMP 82.65 After forming CUP HANDLE Pattern, Chart is now testing the Support Level at 82.50. If it comes back from the support level and breaks the resistance at 83.00, we may hold it for medium term as USDINR may touch 84.37 soon. CMP 82.65, Entry Level 83.10 SL: 82.90