Hi All, IndiaMart is heading towards a new 52 weeks high after a triangle bo and very strong volumes. Regards, Atul
the stock is having a strong upward momentum. Go long with a target of 830 in mind above 922 can do wonders.
Once 0.72 resistance is gone we are headed for 0.77
Nifty will get support from IT now all major stocks in breakout zone
Weekly closing above 1824 and this is going to $2500 mark my chart
TCS have a strong resistance at 2279 once this is gone then a good upside will open for the stock
Excellent BO above the trend line and support during retracement go long with weekly close below the trend line
Hi All, The stock is trying to take support at 428 on weekly closing basis. If able to sustain these levels can test 460 today itself provided able to cross 442 Happy investing.
Hi All, I think strong support for Nifty50 exist at 12000. Unless this goes below 12000 on weekly closing basis no reason for going short. Happy investing
Hi All, The stock will be interesting at 277 but not sure how will this match up to strong support for #bandhanbnk at 533 Happy investing
Hi All, TCS is facing some resistance at 2280. Once passed this number next move will be swift. Happy investing
Hi All, The Nifty is at all time high, in case the Nifty break 12011 on weekly basis can lead to swift correction of 1000 points. So far it is able to manage the level above it. Will it be coz of rebound in crude prices or lack of RBI rate cut or some thing else? Happy investing.
Hi All, Finally some time back DCB bank gave a breakout at 214 now trading at 239 also its life time high. The business has been growing at 15-20% per year. The 200 DMA of the stock was at 146 when it took the support. In my opinion the stock should move another 40-45Rs from here before facing some correction. Happy investing.
Hi All, The stock can give a trendline breakout above 465... it should move straight to 587... SL will be the breaking of trendline. Hope you will benefit out of my analysis. Thanks for reading. Happy investing. Disc: Vested interest and biased views