finalyticsbreweries

finalyticsbreweries

NESCO had a pullback from 600 levels and fell upto 520s which is acting as a strong support line. A fall below 515 immediately rejected with close above 516 and next candle moved big. Go Long on CMP. SL : 515 T1:602 T2: 644

finalyticsbreweries Updated 

Prestige has seen good amount of volume buildup in past couple of days. A rounding bottom formation is visible clearly in charts. Now price has broke out of the neckline of bottom with good volume. There is a gap between 260-278 which needs to be filled. SInce price is near these gap price levels, expected to fill by a quick price rise. Short term Target 1:...

finalyticsbreweries Updated 

Maruti has strong supply zone in 7200-7300 levels & failed repeatedly to cross the zone & sustain. There is a minor resistance zone on current levels around 6970-7000. If it closes above this zone, go long till 7300 levels. And if sustains & crosses the zone with good amount of volume - Target would be 7700. If unable to sustain , short from 7300 levels

finalyticsbreweries Updated 

NIITTECH( Now COFORGE) unable to break the 2025 zone repeatedly and in proces had made a rounding top like formation, Yesterday fall was exactly on the support line of 1882. Today it took the same support and rose significantly. Its pushing upwards and will be able to break the resistane line of rounding top. T1: 2025 T2: 2063 T3: 2115

finalyticsbreweries Updated 

Self-explanatory chart. Immediate target would be 77 rs in next couple of sessions only.

finalyticsbreweries

H&S pattern fomration in NBCC. H&S support was on 23-24 levels. Neckline of H&S is around 26-27, which is acting as a strong support. A fall below this level rejected immediately as can be verified by a DOJI formation. Major resistance is near 32 rs, which would be our target. Go long with Tgt-32

finalyticsbreweries

Escorts broke out of flag upper band today with high volume and made a new 52 wk high. Stock will be making new highs. go long with open target. Exit when weaknes

finalyticsbreweries

Long uptrend followed by a consolidation zone. Price narrowed down inside a range between 600-640 for last few days. But never broke the lower strong support line of 608. A morning start pattern has emerged from last 3 day candle, and today it has tried to broke the consolidation zone and gave closing above 640.. Good volume supported the trend. Upper resistance...

finalyticsbreweries

Invesrse Head and shoulders pattern in UBL. Broke Neckline of 1067 today with very heavy volume at the end of the right shoulder. CLear long signal.. Major resistance is near 1200 levels. 1200 is on the cards very soon.

finalyticsbreweries

Bajaj narrows down in a price range in a parallel box, followed by a breakout. Every breakout suffers a minor pullback and then uptrend resumes. Current price levels have came out of parallel box. A bit exhaustion can be observed and even volumes have dropped a bit. After a minor pullback , it will upmove again. Please note there is a resistance zone near 3800...

finalyticsbreweries

Larsen price havent moved significantly in past few weeks. Any slight upmove followed by retest levels where it retrace near Fibonacci levels. ( Approx 38.2% in most occurrences) Any significant volume upsurge is invisible and evenly distributed across weeks. Heavy resistance near 1000-1020 levels. If price crosses these levels with good volume, the result will...

finalyticsbreweries Updated 

Price has taken a constant bottom support and falling dynamic resistance line , creating a wedge like formation. Todays last candle has tried to broke out of the wedge, and tomorrow if will hopefully cross the barrier. T1: 539 T2: 548

finalyticsbreweries Updated 

SBIN is trying to close above since March after steep crash. And today finally the most awaited move came, it closed above its heavy supply/resistance zone of 202 rs. Its one of the shares which is yet to recover & journey has begun today, T1: 212 T2: 225 Please follow my previous SBIN Idea.

finalyticsbreweries Updated 

BATA India is among the stocks which is yet to recover to pre-covid levels & still struggling near its low price this year. ROunding bottom formation observed and it has started rising with volume gradually. A volume buildup is clearly visible. Price is trading above 20 DMA and RSI is increasing as well.. All indications are positive. Company has good...

finalyticsbreweries

DLF has overcame its supply zone near 165-170 levels yesterday with good volume coming in. There was a gap during massive selloff in march between the same levels, which has been filled yesterday as well. Realty sector was the only sector lagging behind and now upmove expected in the sector as well as this scrip as well. T1 185 T2 198

finalyticsbreweries Updated 

Bajaj Finance fell today post result declaration. A mega bull run has halted temporarily. Much need correction in price has been started. Scrip is following consolidation followed by a brief upmove strategy, Thus shifting price levels in a ladder-like structure. It will retest the 3115-3130 levels on further correction( lower levels of Top-most rectangle). And...

finalyticsbreweries Updated 

Nifty has formed a Diamond Bottom pattern. Low of the diamond coincides with Nifty new support zone around 10900. Took support from here and now in uptrend. Diamond's upper resistance line has been broken yesterday suggesting a possible NIFTY breakout. Breakout candle length isn't upto the mark but can be considered in view of a bullish nifty due to positive...

finalyticsbreweries Updated 

BN is fluctuating in a ideal channel formation . Channel bottom line is acting as a support on 21000. Channel upper line is acting as a strong resistance on 23100. BN has again took support of lower channel line and rising towards upper channel line on 23100.