deeptinseth

deeptinseth

JSW Steel (Weekly): 1. As Nifty Metal has given Breakout on Weekly charts, JSW Steel (which constitutes to be almost 14% of Nifty Metal) has also given a Flag and Pole Breakout. 2. Stock has given breakout after almost 300 days 3. Upper Bollinger Band on Weekly Charts is challenged 4. Also there is Positive Crossover of 5,13 Weekly Exponential Moving Average ...

deeptinseth

Nifty Metals (Weekly): 1. Sector has given a breakout from its consolidation range 2. Sector was consolidating from last 1 year 3. Upper Bollinger Band is challenged 4. Also, there is Positive Crossover of 5,13 Weekly Exponential Moving Average Major constituents of Nifty Metal are: 1. Tata Steel- 21% 2. Hindalco- 18% 3. JSW Steel- 13.5% 4. Vedanta- 11% 5....

deeptinseth

Bharti Airtel (Weekly): 1. Stock has given Breakout from Falling Wedge 2. Also there is formation of Inside candle on the chart 3. Also, there is Positive Crossover of 5, 13 Weeks Exponential Moving Average 4. Also it is taking support at 5,13 Weeks Exponential Moving Average Can consider Buying above 723-727 Note: The above analysis is for educational purpose

deeptinseth Updated 

Currently trading at 13% discount from all time high levels. Reliance (TF=W) : 1. Stock has always respected 50 Weekly Exponential Moving Average 2. Constantly making the structure of HH and HL. Currently made Equal Low. 3. Negative Crossover of 5 and 13 Weekly Exponential Moving Average Reliance (TF=D) : 1. It has made very strong bullish candles on Support...

deeptinseth

Tata Power (Weekly): 1. Formation of Penant on bigger time frame 2. Consolidating at 38.2 levels 3. Taking Support at 5 Weeks Exponential Moving Average 4. Inside Candle Breakout Tata Power (Daily): 1. Positive Crossover of 5,13 Days EMA 2. Pennant Formation Addl Points: 1. FII/FPI have decreased holdings from 11.06% to 10.84% in Dec 2021 qtr 2. Mutual...

deeptinseth

NTPC (Weekly): 1. On Trendline Support 2. Forming a Symmetrical Triangle 3. Can go Long only after Breakout 4. Closing above 5, 13 Exponential Weekly Moving Average NTPC (Daily): 1. Consolidating within Symmetrical Triangle Addl Points: 1. FII/FPI have increased holdings from 13.48% to 14.54% in Dec 2021 qtr. 2. Mutual Funds have decreased holdings from...

deeptinseth

IOCL (Weekly): 1. On Trendline Support 2. Forming a Symmetrical Triangle 3. Can go Long only after Breakout IOCL (Daily): 1. Penant within a Symmetrical triangle is formed 2. Last candle closed below 5, 13 Days Exponential Moving Average Addl Points: 1. FII/FPI have increased holdings from 7.21% to 7.94% in Dec 2021 qtr. 2. Mutual Funds have decreased...

deeptinseth

Gail (W): 1. Breakout (with good volumes) and retesting has been done 2. Took support at 61.8 Fibo Levels 3. Also closed above 13 Weeks Exponential Moving Average Gail (Daily): 1. Symmetrical Triangle Breakout 2. It has also retested its Breakout (Formed a higher low) 3. Also bullish candlesticks patterns like Inverted Hammer and Bullish engulfing has been...

deeptinseth

Currently the stock is discounted at 16% from all time high levels. Nestle (TF=W): 1. Rising Channel Breakdown 2. Rejection from 5 Days Exponential Moving Average 3. Negative Crossover of 5, 13 Weeks Exponential Moving Average 4. Gave a closing below 100 Days Exponential Moving Average 5. Next Support is coming around 16,300 6. RSI below 40 (which is again a...

deeptinseth

Currently the stock has discounted 14% from all time high levels. Tata Steel (Daily): 1. Taking support from 38.2 Fibonacci levels 2. Good volumes on Breakout 3. Retesting done 4. Positive crossover of 5,13 Exponential Moving Average NSE:CNXMETAL 5. Reversal from 20 Days EMA 6. CNXMETAL Index also forming Flag and Pole Kinda formation View Point: 1....

deeptinseth

Currently the stock has discounted 13% from all time high levels. Indian Hotels (Daily): 1. Gave the closing above 20 Days Exponential Moving Average 2. Descending Triangle Breakout 3. Good volumes on Breakout View Point: 1. Entry after Breakout Retesting Addl Points: 1. FII/FPI have increased holdings from 13.48% to 15.19% in Dec 2021 qtr. 2. Mutual...

deeptinseth

Currently the stock has discounted 11% from all time high levels. TCS (Daily): 1. Stock has closed above 200 Days Exponential Moving Average 2. Increase in Buying Volumes since 3 days 3. Earlier resistance of 3400 levels is now acting as a very strong demand zone (as a support) 4. Formation of Double bottom pattern on a major demand zone (around 3400 levels) 5....

deeptinseth

Currently the stock has discounted 14% from all time high levels. HCL (Daily): 1. Stock constantly took support at major demand zone around 1098 levels 2. Stock is making Double Bottom 3. Positive crossover of 5, 13 Daily Exponential Moving Average 4. Bounced back from 200 Days Exponential Moving Average 5. Good buying volumes View Point: 1. If the stock...

deeptinseth

Currently the stock is trading at 26% discount from all time high levels. Tata Motors (Daily): 1. Stock has closed below 200 Days Exponential Moving Average 2. Forming Running Gaps (making it more bearish) 3. Increase in selling volumes 4. Stock is heading towards the previous breakout level after long consolidation and distribution phase. Support is around...

deeptinseth

ONGC (Daily): 1. Stock has given Breakout from Ascending Triangle 2. RSI= 67 (bullish sign) 3. Good volumes on Breakout 4. Stock has reversed from 20 Days Exponential Moving Average 5. Stock has broken 52 Week High View Point: 1. Some Quantities of the stock can be added on some retracement for Long Term and some quantity can be added at current levels. Addl...

deeptinseth

Currently the stock is trading at 18% discount from all time high levels. ICICI Bank (TF=W): 1. Double Top pattern is being formed on Weekly time frame. Stock has given closing below "M" pattern (Double Top) neckline. 2. Also, the stock has given closing below 50 Week Exponential Moving Average. 3. Selling Volumes are continuously increasing. ICICI Bank...

deeptinseth

Currently the stock is at 19% discount levels from all time high. Asian Paints (TF=W) 1. Stock has given trendline breakdown 2. Negative crossover of 5, 13 Weekly Exponential Moving Average 3. Next Support is at 2770 levels Asian Paints (TF=D) 1. Stock has given Trendline breakdown 2. Also there is formation of Bearish Flag and Pole Pattern 3. Below 200 Days...

deeptinseth

Currently at 20% discount from all time high levels. Stock is trading near 52 Week Low. HDFC Bank (TF=W) 1. At good demand zone (But seeing global cues, wait for reversal) HDFC Bank (D): 1. Below 200 Days EMA 2. There is Bearish Penant Breakdown 3. Negative crossover of 5,13 DEMA 4. Though stock is at major demand zone currently. But seeing global cues and...