This stock following parallel channel down and trying to take support where it's having multiple support. There is more possibility to up with strict stop loss below 125. Limited scope to break 125, if break then this analysis will be invalid as per wave analysis rules. Fundamentally, this stock trying to set business with positive figures so it will take time...
Below Levels are: R1 R2 R3 R4 R5 R6 R7 R8 10306 10326 10362 10422 10469 10515 10582 10667 S1 S2 S3 S4 S5 S6 S7 S8 S9 S10 S11 S12 10235 10215 10179 10119 10072 10025 9959 9874 9766 9710 9629 9477 Disclaimer: This analysis for education purpose only, it's not for the recommendation. Buy-sell it's your choice. Cheers!
Buy BPCL at 498-514 tgt 535-543-560-571 sl 491 Time 20 days Note: Buy-sell its your choice Cheers!
A healthy dividend payout stock taking support and trying break Mid-term resistance level, after breakout it will cross 190++ Accumulating area 100-125 Sl 86, time duration 9-12 months. CMP 133.70 Support-Resistance levels: (once target reached Levels will update) R1 R2 R3 R4 R5 R6 R7 R8 R9 R10 122 127 135 143 148 156 169 177 185 190 S1 S2 S3 S4 106 101 93 86 Cheers!
Currently this stock broke Channel Up and following channel down try to hit support, might be support 1 then reverse back instead support zone then reverse back. Now we have a minor correction to 1070 with maximum 835-770 due to fundamental, once we get good fundamental it will rise and try to make a new higher high. So we need to patience for Right Buy Entry...
R1 R2 R3 R4 R5 R6 75 78 81 85 88 92 S1 S2 S3 S4 S5 S6 67 65 61 57 55 51 Cheers!
Currently this stock following Channel with time consuming, mostly price between in range try to take support at 123-131 (minor profit booking possible next 10-15 days) then we will get clear direction. Instead, channel up breakout withhold 180-189 then more chances to hit 224-237-275. The levels...
This stock trying to breakout channel, if close and hold above CSR, shortly it will make higher high 373-424 for Mid term. I am not looking for Long term, if hold for long term try to take profit partially then again accumulate on Higher low level. Time Duration 6-9 months, levels are: R1 R2 R3 R4 R5 R6 R7 R8 R9 322 337 351 359 373 396 410 424 433 S1 S2 314 ...
In the near-mid term we get a small profit booking, we will try to accumulate partially 544-509 due to preceding trend not follow the trend line then suddenly raised & corrected, if it repeat same might be possible to break support trend line and make a lower low, instead hold support zone we can take partially and after confirmation will accumulate...
Price action close above 805 bullish confirmation. Mid term Levels are: R1 R2 R3 R4 R5 R6 774 780 789 805 817 830 S1 S2 S3 S4 S5 S6 755 750 741 725 712 700 Cheers!
In near time frame we got bearish divergence, trend line broken, head & shoulder pattern which indicate us retracement. But mid time frame we got a trend reversal pattern which will take time for reversal. In near time frame, preceding candle count indicates us range bound trend. If this happens, there are more chances to make new higher high instead reversal...
This stock perform cup & handle pattern and trying to rise/breakout, once breakout it will make higher high. Below levels are given (time duration 6-12 months) R1 R2 R3 R4 R5 R6 R7 R8 R9 R10 107 113 122 131 136 145 160 169 178 184 S1 S2 S3 89 83 74 Cheers!
Currently stock trading between parallel channel, also having its mid and long time frame Inverted H&S Pattern. If breakout up side, this analysis will be valid. And trying to accumulate stock if we get dips, range (135-158) instead wait for important resistance breakout 197-200. As per current market rate 176 and stop loss 125 (risky due to late analysis), after...
Sunpharma touched mid term resistance last two week, if it hold middle line parellel channel, it will possible to make higher high 658 and confirm us trend change (Down to Up) Upcoming week we have maximum correction 480-450. Support and resistance...
Levels: R1 R2 R3 R4 R5 R6 R7 R8 R9 R10 117 120 123 127 129 133 139 142 146 148 S1 S2 S3 110 108 104 Cheers!
Tata motors trade between parallel channel down and trying to take trend line support. It also having double bottom pattern. Cmp 425, best accumulation entry level 360-432. Mid-term & Long-term Levels: R1 R2 R3 R4 R5 R6 R7 R8 R9 R10 432 454 490 526 548 584 641 677 713 735 S1 S2 360 338 Cheers!
Bank Nifty near support zone where filled partial gap up. Pattern indicate us up side, required closing above 25300 and volatility stability, then more chances for touch 25450-25658-25794-26014 with limited risk 25050. Bank nifty...
We reach near profit booking area from previous analysis. It also showing continue uptrend but need to wait for bullish confirmation (Support 1 or support 2). If you still wanna follow bullish movement, wait at support 1 or trend line support 2 and aim for new target 26367-26667 Currently i am looking for near term retracement, once confirm will short. Short...