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BHANSALI ENG POLYM is a Process Industries/ Industrial Specialties stock that have been consoladating for past 7-Months. by looking the volume spike it seems bulls will be taking the stock to outside the channel now. once breakout is successful, after little consolidation it can give a very nice Risk:Reward :: 1:3 Approx. Reasons: RSI is crossing 60 to...

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As we discussed yesterday Banknifty was sideways it has been forming ascending trangle if it breaks to downside it will be touching the 43430 level. on upside it has the 200 EMA resistance and price action resistance level at 43770. Reasons: PCR = 0.65, its expiry today mostly its sideways. but OI shows as Bearish. 200 EMA resistance to upside....

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RicoAuto has given a breakout after taking the support at 200 EMA. As it has given the breakout a nice bullish momentum is expected. The trade has a nice Risk:Reward :: 1:3. Reasons: High spike of voulme shows huge buy interest. Price > EMA(13,50,200) (Bullish) Nice Range Breakout next level of resistance is 109. RSI is crossing 60 to upside means...

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As we discussed yesterday, NIFTY is neutral. It was range-bound sideways with high volatility candles. Nifty seems to be mildly bullish for tomorrow. All important levels have been marked on the chart. Reasons: RSI is 40-60 mostly sideways. 19825 will be a good resistance and and 19670 will be acting as good support. PCR = 0.89 (MIld Bullish) ...

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CUB has given the breakout as can be seen on the chart. we can make a entry once it give us a retrace and then it goes bullish. you can buy the stock once it drops to price 144-146. and hold it till 160 with Risk:Reward :: 1:3 approx. Reason: Stock has given the breakout of rectangle pattern range 120-142. (Bullish) Just EMA(13,200) crossover, also golden...

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BankNIFTY seems to be going sideways in the range of 43400 - 43800 as levels have been marked on the chart. for past few days BANKNIFTY have been sideways mostly perfect DOJI. level 43400 will be providing a nice support and 43800 will be acting as resistance unless it's broken to the upside. Reasons: Expiry is mostly sideways also PCR = 0.65 (Bearish) ...

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NIFTY is neutral for now as it is roaming in the range of 19600-19800. 19800 is showing lots of OI, which will be acting as resistance. On the downside, 19600 will be acting as a support zone. If the 19800 level breaks, then after retesting, you can easily go long Unless you keep a neutral trade of rangebound 19600-19800. Reasons: 19617 is a Good price...

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Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction. Reasons: Taking support at trendline near 200 EMA and VWAP. Moving in Higher HIGH Higher LOW. Important level are marked in the chart. RSI breaking 50 to upside shows Bullishness. Re-Breakout after 3 month of...

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1. PCR = 0.65 Bearish 2. Price < EMA(200) 3. Golden Crossover (Bearish) 4. RSI < 40 (week bull power) (Bearish) 5. Max Pain: 43600

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As we discussed yesterday Nifty gave a nice bull move after the breakout. but in last 30 min it faced a heavy selling from the marked supply zone. Because selling was with good volume that shows the bulls weekness. and also RSI diversion was there. today it seems to be in range bound. Reasons: Heavy selling with good volume in last 30 min. PCR = 1.01...

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As we discussed yesterday, NIFTY didn't go bearish. Instead, it gaped up. Once we saw the gap, the idea was updated to wait. But now NIFTY has given a trendline breakout, as can be seen on the chart. So NIFTY might be in the Bull's favor now. Reason: PCR = 1.16 (Strong Bullish) RSI Diversion it might require some consolidation of a re-test. Target to...

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BankNifty has been in the rising wedge pattern which is usally Bearish Pattern. as it has also been taking resistance from the 1H-tf trendline. also its expiry today that means mostly its sideways. But if it breaks the rising wedge to downside it might give a nice target of 350-400 points to bearish side. Reason: EMA 200 support line to downside. will...

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As we have been discussing NIFTY is in the Channel and it has faced resistance upside and now at the moddle of the channel. if it comes to downside it will be continuing it move to downside till the lower support of the channel. Reasons: 4H-tf Trendline as resistance upside. trading at middle of. channel, might take support from here. if breaks to...

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HSCL is a process industry. By looking at the chart data, it has given a confirmed breakout. After a nice bullish move, it has been consolidating for the past two months. It now again has given the breakout of the descending triangle pattern, which is a continuation pattern. HSCL might be making a nice, bullish move. Reason: Price > EMA(13,50,200) seems...

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INOXGREEN is a power Stock that has given the breakout and a high probable that it will move in the bull side now. It has successfully broken the Flag and pole pattern. Reason: Flag and Pole Breakout to upside. RSI > 50, crossing 60 to upside means a bullish momentum is expected. Price > EMAs(13,50,200) shows bullishness. Price > VWAP Successful...

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as per the previous analysis EURUSD took support from the 1-D TF but right now it's trading on 200 EMA Resistance level. EURUSD moving in the Rising Wedge unless it breaks to upside it is supposed to move inside the rising wedge. Reason : 200 EMA Resistance upside. RSI is 40-60 Range Seems Sideways. 4H TF downside seems to provide a good support zone. ...

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NIFTY is moving in the rectangle Pattern which shows the higher HIGH and higher LOW. on Friday market opened HIGH on the price-action resistance but could not break it to upside it consolidated whole day in a small range a bad day for option buyers. if NIFTY could break the resistance to upside then it can give a potential move for buyers. Nifty seems neutral so...

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As we discussed nifty, it was expiry yesterday and was most of a sideways move. For the new week, it has some resistance to the upside, such as 200 EMA and price-action resistance. Once it breaks to the upside, we will see a significant move to the upside. Reasons : NIFTY is showing nice demand near 19000. also 50 EMA support to downside. (Bullish) Price >...