NIFTY is going up and up after a tremendous down back in 2020 corona times. from 7511 to 22000 approaching. our potential target for the end of the year will be 25000 which can be possible if NIFTY continues to move upward like this..
JYOTHY LAB is trading in a range from quite a long time but in the last week it has given breakout in the weekly chart which shows bullishness in the stock with RSI also ranging above 60 and RS equivalent to NIFTY is also on the brink of breakout above 0 line. please keep this stock in your watch list for handsome return in 3-6 months..
This stock is giving breakout. it is now trading at cmp 764 which is higher than its all time high of 755. keep this in your watchlist for upside movement of 800/1000 in 9months to 1year time frame.
ESCORTS KUBOTA- This stock during the last 2 year has given more than 1.5x return starting from 800 to 1934, but after reaching its high of 1934 the stock has started consolidating and touched the low of 1306. Now after all the consolidation and price fall takes place during this present week it has closed above both of its 89 magic band and 20 period moving...
M&M FINANCE is looking good on chart giving breakout above the downward sloping trendline with RSI ranging above 60 shows bullishness in the stock and Relative Strength i.e. RS vis a vis NIFTY is also starting to move up. keep this in your radar for more upside movement..
BIRLA SOFT is trading below its 89 high low magic band with rsi ranging below 40 and RS to nifty is also going down negative below 0 on weekly chart. As long as it doesn't start trading above its magic band which is above 372 level its a shorting opportunity in the above mentioned IT stock. Do watch out.
Nifty is looking good on charts, every time it falls it takes support at 100 period moving average except that 2020 disaster when it breaks its 100 period moving average and touched its low of 7511 on 23rd march 2020. but from that point NIFTY has taken V Shaped recovery and touched all time high of 18604, and now it is consolidating and again taking support at...
The stock witnessed an excellent rally in last 1 year where it moved from 650 to 967 and now consolidating near 850 levels Sun pharma is facing trendline resistance near 880. if it crosses this 880 level and close then it can move upto 1000 level.
Nifty auto is looking good on weekly chart. Giving breakout. Can be a good short to medium term sector to have in your radar. stocks to watchout is M&M, ASHOK LEYLAND, EICEHER MOTORS, MARUTI etc
