Aarti Industries: The stock corrected around 20% in last one week from its resistance levels. And, currently the stock is at good demand zone. The stocks can be added in portfolio and can be accumulated till Stop Loss of Rs. 563 is taken out on daily closing basis. Please note that while adding any stock in portfolio, add the amount in multiple tranches instead...
Added the stock in accumulation zone and the stock is up more than 25% in just 2 trading sessions! Note: The above analysis is just for educational purpose! -CA Diptii Saeth NCFM and NISM Certified Technical Analyst
Birla Soft Details mentioned in chart itself! CA Diptii Saeth NISM and NCFM Certified Technical Analyst
Dalmia Bharat Daily: - Stock is at good support levels -It has made reversal candle (Hammer and its confirmation) -Formation of Falling Wedge which is again a Bullish Pattern -Can be considered for Positional Trade Note: The above analysis is just for educational purpose. CA Diptii Saeth NISM and NCFM Certified Technical Analyst
Tata Steel : Weekly: -Stock is taking support at .618 Fibo Levels -Trading above 50 MA and also at support of lower Bolling Bands -Also at previous support levels Daily: -RSI at support levels -Stock showing signs of reversal -Can be entered for investments purpose or positional trade Note: The above analysis if for educational purpose only. -CA Diptii...
Technical Analysis: Weekly: -Stock is consolidating at lower Bollinger Band -There is formation of SOT too Daily: -Accumulation near support * Good for Positional Buy *Also, good for investment purpose Note: The above analysis is just for Educational Purpose.
Weekly (CMP: INR 1210) -Stocks has given a downfall of 61% from All Time Highs -Currently, the stock is moving in a channel -Made Double Bottom along with Shortening of Thrust as per Wykoff -RSI is showing Bullish divergence -There is Fibo Support of 78.6 levels -Target would be 1500 levels with SL 1100 Note: The above analysis is for educational purpose.
CDSL (Weekly TF): -It has given Breakout from chanel and has also re-tested the chanel -As per Wykoff study, there is Shortening of Thrust and along with SOT, there is Reverse use of trendline -On confluence support of 20 and 50 Weekly Moving Average -Along with this, there is .50 Level Fibonacci support level Note: The above analysis is just for educational purpose.
Bajaj Finserv (Weekly): -Stock is in Symmetrical Triangle -Retraced till .50 Fibonacci Levels -Support of 50 Weekly Moving Average Good Level to buy with SL below 1390 levels. Note: The above analysis is just for educational purpose.
Daily Chart: - Reversing from support -Closed above 20 Day Moving Average -Good volumes -Targets: 1815, 1885, 1980 and 2000 and so on -Stop Loss would be any daily candle closing below support zone (Marked with white) Note: The above analysis is just for educational purpose.
Observations: With every high made on the price chart, RSI could not make high wrt price. Rather, it made lower highs. (marked with yellow colored arrows) And, when price made Higher lows (marked with pink colored arrows), RSI could not take support. Rather, made Lower lows (pink colored arrows). What's your take on this? Note: The above is just for educational purpose.
Apollo Hospitals: Weekly time Frame: - Breakout of Symmetrical Triangle -Targets for the same can be 5100, 5400 and 5800. Note: The above analysis is just for educational purpose.