deepshah1982

deepshah1982

Copper is unable to close below 670 levels in last 5 month narrowing its range and volatility in last 5 month .It is also trading close to important monthly support rising trendline . good for investment 6-12 month opportunity with support 670 monthly closing .if sustains above 850 on monthly close next resistance level come near 950-975 levels .

deepshah1982

probability of making top in December in zone 6500-6700 are getting higher in 2025 early 4-6 month can see correction of 10-15% as price are getting close to rising resistance trendline .Lets see 2025 . (This are my personal views i might be wrong to )

deepshah1982 Updated 

SBIN - reversing from channel rising trendline support area .If hold above 500 level on weekly closing bases for next 2 month caan see upmove toeards 750-800 levels from current levels .

deepshah1982 Updated 

SENSEX BREAKOUT AFTER 11.5 YEARS OF CONSOLIDATION IN RANGE 20K-40K

deepshah1982

needs to close above 6000 levels strongly breaking rising trendline resistance . if fails to do so in next 2 month can see good correction profit booking in stock that can lead price to fall towards 5000-3500 levels in next 6 month . ( this are my personal views i might be wrong to .)

deepshah1982

multiple support around 61-65 levels in last 2 years .observed when ever enters this zone after correction strong pull back rally follows , now also this month touched near 65 level on rising trendline support zone .If holds for next 2-3 weekly trading session strong recovery can be expected ,.and it support level 60-65 zone holds for next 3-4 month can see big...

deepshah1982

from last 12 month have contradict in volatility moving symmetrical triangle formation and we can see breakout of triangle formation . This comes at multiyear low good base made around 150-200 zone h expecting this support to hold and in next 3-4 year can see good ROI on long side in commodity expecting a rise towards 500-600 zone in next 12-18 month .Positive...

deepshah1982

flirting near 3 month rising trendline if start closing below 50500 level on day closing bases with bearish candles can see fall towards 49500 & below if holds and bounces can see upside to 51500 & above in next 5-6 session be alert . As stock are oversold i favor in recovery side towards 51500 & above .view fails if start closing below 50500.

deepshah1982

good consolidation of 3-4 weeks before breakout of 2 year channel if in coming days consolidation low holds can see good short covering and fresh long build up that can move stock towards 8000 levels in coming 3 weeks .with support 6700 weekly closing bases .all possible if result goes in favored .can beat with low quantity if move goes in favor can generate ...

deepshah1982

2024 lows last chance to enter long with support 2700 weekly closing for above tgt 3200 in next 3-5 month

deepshah1982

after heavy sell off last week this week manage to make base around 50000 levels in coming weeks if defends 50000 on weekly closing bases bank nifty is expected to move towards 550000 levels in next 3-5 weeks . this shows bank result psu and private major will post surprise good result .

deepshah1982

For now up till index closes above 80000 on weekly closing bases we can consider it as normal running correction but if by end of October month or on weekly closing bases index start closing below 80000 will be the first sins of a 5000 and more point correction to trigger . All Short term trading position will trigger stoploss and can see good unwinding and fresh...

deepshah1982

with It Expect to post good set of number has made good base near 5900 -6000 zone on weekly closing . If number out beats street estimates and holds support of 5900-6000 zone probability of stock moving to wards 100000 club are high up to next quarterly result .

deepshah1982

Near to rising trendline support area weekly chart for next 2 weeks defend closing below 50000 levels can see sharp up move back towards 54000-56000 levels in next 2 month .keep on radar if consolidates in tight range on day chart for next 3 days enter long with support 50000 weekly closing bases .view fails if weekly start closing below 50000 levels .

deepshah1982

Trading near december 23 and september 24 lows if holds september lows of 5500 expect a double bottom formation near december lows and from nrxt month on wards crude can start good uptrend towards 7000 & above levels . ( this are my personal views i might be wrong to.)

deepshah1982

MCX Natural Gas - If Manages to defend and close above 150 level on monthly closing bases can then in coming month can see good upside move towards 250-300 levels .on closing strongly above 300 level will confirm double bottom and then can rise towards all time high in next 2 years ,keep on radar for long term buying interest price action in process of bottom...

deepshah1982

mcx crude oil - Is moving in descending triangle formation from its high of march 22 , making support in zone 5500-5700 zone on monthly closing bases .now has reached near support if holds on monthly closing can see a bounce back towards falling trendline resistance around 6500 levels in coming month . crude oil to remain range bound to negative up till it does...

deepshah1982

entering towards important demand zone support can plan for Silver ETF adding and adding long on falls towards 75000 below 80000 levels with support 70000 closing bases on monthly . Possibilities of silver movement in next 6-8 month towards 105000-120000 levels are high .View fails if silver monthly close start closing below 70000 levels .