deepshah1982

deepshah1982

22800-23000 zone can be considered a short term to medium term base after a 4 month downfall first strong move breaking a downward trendline in coming month possibility of nifty visiting back towards 25000-27000 zone are becoming higher view fails on nifty start closing below 23000 level consistently .

deepshah1982

if you compare the valuation and growth of countries no doughty India has performed exceedingly well in last 4 year after covid and China have under performed growth . But despite underperformance China was not out of the track on growth matrix .So i personally think Hang Sang Index can out beat Nifty returns in coming 4 years starting from 2025 .So investing in...

deepshah1982

Has given strong weekly close above last year high going ahead any correction below 250 should be opportunity for a long trade . probability of moment toward levels 300-325 are high in 2025 keep on radar . bullish view failing if weekly start closing below 230 levels .

deepshah1982

Breakdown of 6 month swing low with strong bearish candle on weekly and follow up buying also getting sell .Even Axis bank bad result not helping bank nifty probability of bank nifty correcting towards 47000-46000 level before budget are getting high .negative view fails if bank nifty start closing above 50000 level on weekly closing bases .

deepshah1982

price trading close to last year lows ,last year low was around 1000 levels if hold on to this level on monthly closing bases .probabilities of this year it might try to get out of negative trend and attempt to move back towards 1500-1600 levels are becoming high as it is holding this lows from last 2 month .view fails on a monthly close below 1000 levels .

deepshah1982

probabilities of aluminum mcx futures touching 300-320 level in year 2025 are very high ,range of consolidation of last 3 years is about to break on monthly closing above 250 .Strong support made in range 215 -230 . Positive view fails on monthly start closing below 215 levels .

deepshah1982

As price approaching towards 6 month lows need to get alert long trade can be at risk if start closing below 4000 on weekly closing bases now with resistance 4700 weekly closing bases probabilities of correction towards 3200-3000 level are becoming high .Negative view fails if price start closing above 4700 on weekly .

deepshah1982

Struggling to close strong above 2021 high all time high 31700 above .also seeing consolidation around resistance from last 5-6 week . If weekly start closing below consolidation base which comes around 23700 possibilities a deep correction are high towards 18000-15000 area in next 3-5 month can be cautious around this area for fresh investment .either must invest...

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