dhruvnarola

dhruvnarola

Menon bearings have shown some sort of pull back at the level of 92.50, thus it would be the stop loss. A small stop loss and with a bullish view of 5-7% momentum up to the price of 104. thus the target is 104 and stop loss is 92.50

dhruvnarola

BSE:DIVISLAB gave a decent breakout above the level of 3635 which was resisted twice and came back to a bottom level, thus the bottom wasn't breakdown showing a good sign of bulls in the stock and the breakout was also a proper green candle closing above the resistance level, thus my view is to go long and the target is 3859 with a strict stop loss of 3450.. DO...

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NSE:NIFTY today gave a breakout in 60 minutes chart forming a symmetrical triangle pattern and the bullish momentum will be seen in a coming days and more confirmation can be made if it breaks the level of 17439, just my saying is have a bullish view up to 17750 Thanks This is just my analysis do like if its worth......!

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NSE:NIFTY is forming lower highs and lowers lows in 45 minute chart frame and it is bearish since morning and any breakout on upward side might lead to a bullish momentum, still be cautious as market are in bearish mood so the breakout will either not sustain so keep strict stoploss at the nearest swing low during the breakout......! DO like if its worth!!

dhruvnarola

NSE:KOTAKBANK had a nice breakout with a strong candle, even the banking sector looks positive on merger of HDFC and HDFC BANK. thus bank nifty also shows a bullish sign and due to this overall research the kotak mahindra bank also seems bullish momentum in upcoming days The trade has to maintain a strict stoploss of the current daily candles swing that is 1734...

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NSE:TECHM made a breakout and also reach a place where a retest and an upward candle can lead to bullisih momentum, focus on the candle and watch out Add a small stop loss on 1440 and a target of 1660 Do like of its worth!!!!!!!

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NSE:BANKNIFTY is standing on an important support and demand zone. respecting this will take a pull back and might be somewhat bullish, but as per current market sentiments and movement the probability to breakdown is more. Thus, the breakdown of the support will lead to bearish momentum. As per the chart the next swing on down is near 32000, thus the bank nifty...

dhruvnarola

NSE:NIFTY forming a descending triangle, breakout on the either side can lead to a sharp movement. Keep a check and don't miss the opportunity while maintaining a strict stoploss placed while taking trade.... This is just my analysis DO like if its worthy.....

dhruvnarola

NSE:TATASTEEL is on an approach for breakout if any strong candle forms at the breakout of trendline will leads to bullish movement upto 1335. currently wait for breakout adn maintain a strict stop loss at 1144. This is just my analysis Do like if its worthy......

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Reliance took a strong support on 2240 levels which also acted as a support previously even, this time reliance zooms 3.30% from the support zone and might move upward till target of 2460-2500 and if further the trendline gets breakout then the reliance may move up to extent of 2565, however being very volatility and news driven moves in the market caution to...

dhruvnarola

NSE:NIFTY the movement, first let's talk about the weak points, NIFTY IT and NIFTY CEMENTS are the one which looks bearish to sideways, Most of the market correction was due to NIFTY IT, however the IT stocks got retraced a lot and also many of them are standing on some support levels and out of them TCS was the strongest IT stocks Now cement was also the one...

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NSE:MARUTI gave a nice breakout in previous session with great volumes, the breakout appears on same zone which was a resistance zone for multiple times and now it will be approaching a previous swing high that is also an all-time high, my target is Maruti will reach 10000 for the first time, mark a stop loss of 7850/- If you think it's worth than do like!!!

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NSE:NIFTY is now breaching towards a trendline which has already acted as a resistance fro multiple time and its now currently approaching the same level, it could be the movement might be bullish however the it may retrace a bit when it will hit the trendline otherwise the breakout will lead to a bullish momentum.. Thanks This is just my view!!!!

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NSE:GRASIM is on a two support line one is a trendline and another is a resistance turning into a support and showing a weak signal in two stanza :- 1. As per the market sentiments are weak due to which the support might not sustain 2. And another is that the trendline has already tested multiple support so this time might not be strong enough to make move...

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NSE:BANKNIFTY is approaching the resistance level of 36850 which is already act as repulsion previously, and currently bank nifty trading in range however the market breaking on upperside has a higher chance as the FIIs selling and omicron news will cool of in coming days and the breakout is usually gonna happen until. Today's recovery is also a sign that market...

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NSE:UPL is on a breakout if given a close with a strong candle, the reason is that it has tested the 760-770 level and with the same level it had given a strong breakout, though financials remaining strong the upward rally has more confirmation Do like if seems worth!!!! THANKS!!

dhruvnarola

Nifty just formed a inverse head and shoulder pattern which is showing a buying momentum up there, be conscious and let the breakout closing be viabnle THANks!!!! instant execution analysis do like!!

dhruvnarola

UPL has been falling from a round level of 865 currently at 732, thus formed a falling wedge pattern and took a support from exactly the place where breakout happen, if the falling wedge pattern is broke on upward side a rally can be seen on UPL with a target between 770-790 Do like if seems worth!!!! Thanks KANO NSE:UPL