deepshah1982

deepshah1982

on verge of down trend breakout on 3 month candle breakout if closes above trendline by end of next month can see big buying interest coming which can lead a rally towards 2020 high of 90 .after a long consolidation .

deepshah1982

Last week faced rejection from close to 24500 resistance .there are two resistances near 24800-24500 and from last 4 weeks we are not seeing any profit booking candle on weekly all strong buy candle . I think may month might halt this uptrend spree can see good profit booking from this levels around 25000 a fall towards 23000-22000 zone . this view fails if...

deepshah1982

taking support close to 500-600 zone on monthly closing bases . any fall towards 700-800 zone in this month or next month should be chance to go long . with support 600 below on monthly closing chances stock moving back towards its all time high level in next 24 month are high .view fails if monthly consistently start closing below 600 .

deepshah1982 Updated 

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

falling near trendline support can take chance to enter long in range 84-85 with weekly closing support below 83 .some consolidation at support and then can see a spike in price towards 90 levels .view fails if weekly consistently start closing below 83 levels .

deepshah1982

close to end of downtrend from sep 2024 .look like final leg of selling can come in April 2025 accumulate good quality and quantity in any fall towards 22000-22500 levels hold with 21000 monthly closing support . chances in favor of next bull market to start soon may or June 2025 . towards 28000-29000 levels with march 2026 .considering there are all Micro...

deepshah1982

bounce from 3 years up channel support line 1200 seems to be very strong support if holds in near year on monthly closing bases probabilities of price moving towards 4000+ are high .in coming times can prove good investment on fall accumulation or regular Sip in stock might turn fruitful .

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 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