ORIENT GREEN POWER CO LTD- DAILY CHART 1. Trendline breakout seen on daily chart recently 2. Triangle pattern breakout also can seen on chart 3. Double bottom formation seen, where both double bottom candles are hammer candle, 4. After hammer candle last closing candle is bullish green which confirm double bottom and trend reversal to bullish 5. wave trend also...
NHPC --HOURLY CHART - FLAG BREAKOUT 1. On Hourly chart resistance breakout seen around 33.70 level 2. flag Pattern as well as trend line breakout seen at 33.40 level 3. Stock has strong support around 32.75 level where bounce back seen after recent fall 4. stock cmp 33.90 near term resistance around 34.30 candle close above this level target 35-37 can seen...
ALOK INDUSTRIES -- positional pick on march 2022 .. 1> stock taken support on Daily Chart consecutive 4th time ..on chart seen up 4th up arrow around 21-22 is strong support area from where stock bounce back last 2 sessions. 2> RSI seen double bottom formation at support area 3> Potential upside is 20.30% FROM CMP@23.85 TARGET 27-30-32 with stop loss 20 Risk...
ITC --INTRADAY SETUP --15 MIN CHART 1. CUP & HANDLE formation breakout above 259 level cmp 258.95 Trend look bullish at breakout. 2. Trendline breakout also seen on 15 min chart 3. stock currently trading at upper channel low level possibly bounce to upper level as per channel 4. wave trend setup bullish formation to move upside 5. RSI at mid range 55...
PAYTM - HOURLY CHART-- INTRADAY SETUP --26/04/2022 1. Earlier consolidation from 525-585 level was breakout and stock make high above 700 level , 2 Now after correction stock at lower channel seen back to same level where breakout made earlier around 580-590 3. stock at oversold level on hourly chart wave trend indicator seen turn neutral 4. strong support...
COAL INDIA --- BULLISH BREAKOUT.-- COAL IN DEMAND .!! 1. Weekly multiyear chart seen multiyear breakout 2. Daily chart seen resistance breakout as well as 52 week high breakout 3. RSI ABOVE 60 in daily chart Currently at 62 level which is strong bullish indicator at 52 week hig level 4. MACD bullish above center and signal line 5 . Above SMA...
JSW STEEL -- INTRADAY SETUP - 15 MIN CHART -- 22/04/2022 1. at 15 min chart stock trading at at oversold level from there max possibilities bounce from 730 level 2. stock cmp 734 level 737 short term resistance at trendline , buy above 737 for trend confirmation upside 3. trendline breakout also can be seen above 737 level 4. Daily chart pattern is higher...
MAHINDRA & MAHINDRA -- DAILY CHART - BULLISH 1. Trendline Breakout seen last closing candle on daily chart. 2. lower channel breakout also seen at last closing candle 3. Bullish crossover seen . 4. RSI Above 60 level currently 67 level 5. MACD above center and signal line 6 price above 50, 200 SMA BUY MAHINDRA & MAHINDRA @ 857 target 900-1000 + Stop...
PAYTM - 15 MIN CHART - INTRADAY SETUP - 21/04/2022 1. Last 15 min candle HAMMER CANDLE at oversold level 15 min chart. 2. Stock trading at channel lower support where max possibilities bounce back. 3. above 642 trendline support , trend confirmation for uptrend and above hammer candle buy level can be place. BUY PAYTM ABOVE 642 TARGET 650-660+ stop loss...
NIFTY DAILY CHART ---NEXT WEEK TREND SETUP . 1. AS we seen on daily chart nifty breakout 17450 level of resistance from strong uptrend 15800 oversold level and reach towards 18000-18100 level 2 From this resistance 18000-18100 nifty fall again around 17475 level where earlier resistance breakout seen, this level 17400-17450 will work as strong support in...
BHEL INTRADAY SETUP --HOURLY CHART - 20/04/2022 1. As seen on hourly chart Last hourly candle seen strong pullback to channel and stock trading at lower channel support level now 2. as channel continue will seen good support from here to next trading session . 3. MACD above center and signal line 4. RSI at mid range above 50 n daily chart 5. hourly chart...
ZOMATO- HOURLY CHART -- INTRADAY SETUP - 18/04/2022 1. zomato seen trend reversal last few days from 76 level stock made high around 88 level .. consolidations still going on from 75-90 level till 90 level break closing basis 2. stock hit resistance fall to 81 level ..stock has trendline support near 81 level where we seen double bottom formation at last...
IFCI -- HOURLY CHART. -- Look 10-20% profit potential 10-15 DAYS time frame. >> stock has trendline support at 12.25 level as well as double bottom formation also seen exactly at this line higher channel this both indication bullish from current cmp 12.30 >> stock has potential profit 10.20% from current cmp 12.30 BUY IFCI @ 12.30 TARGET 13- 13.50- 13.75...
ALOK INDUSTRIES == 15 MIN CHART -- INTRADAY 13/04/2022 1. Higher high pattern seen on chart RSI above 60 level strong bullish . 2. trendline support at 28.25 level where channel breakout above 28.75 is BUY level stock currently trading at 28.60 level 3. if stock fall around trendline support 28.25 is another BUY level Where risk reward ratio more at reward and...
PAYTM - HOURLY CHART --- NEXT TREND -- APRIL 2022 1. stock consolidate around 520 - 580 level last few days 2. at consolidation double bottom formation seen around bottom level 520-522 level 3. stock closing at near trendline last closing session at resistance area 575-580 once stock close above 585 level that will be trendline breakout as well as resistance...
PAYTM -- INTRADAY SETUP - 08/04/2022 - 15 MIN CHART 1. Stock seen bullish trend above 585 level breakout last 2-3 trading session hit tarrget 650-655 where resistance seen , profit booking at this level take stock down till 625 level. 2. strong bearish candle seen on 15 min chart at trendline breakdown and short term trend seen bearish . 3. some more fall...
INDUSIND BANK -- WEEKLY CHART . 1. Trendline Breakout seen on weekly chart with strong bullish weekly candle 2. Double bottom support seen on chart before breakout 3. stock currently trading at 985 , at 995 level short term resistance above 1000 bullish . 4. wait for bullish crossover at 0 line likely happn soon above 1000 level 5 RSI Daily at above 60 strong...
NIFTY TREND NEXT WEEK --HOURLY CHART - 04/04/2022 TO 08/04/2022 1. on hourly chart we can see journey of nifty where nifty bottom out around 15750 level till now 17670 2. Nifty made bottom formation at 15750-15800 level where RSI extremely oversold level as we seen . from then nifty bought consistently went to 17000 level . at 17000 level nifty made double...