gr.sanjeevkumar

gr.sanjeevkumar

Price attempting a superb breakout of a fairly long-term resistance level; A nice RSI Hidden divergence noted; A close above 1380, can move north to hit 1500 -1550 mark. SL below 1290.

gr.sanjeevkumar

Looks very attractive for a good up move. RSI Divergence along with dry selling pressure! Good entry above 1650 for TGTs of 1850 and 2050.

gr.sanjeevkumar

Looks like a very good entry point based on the pattern formation. SL is a bit wide below the red line but will rock if the pattern breaks out.

gr.sanjeevkumar

SPICEJET is at a superb earlier breakout level support price and shows a good RSI divergence too! Can go long with a SL below 56! It can be a risky bet as there is no business at this time and purely a technical perspective.

gr.sanjeevkumar

COLPAL: Bouncing off a good Harmonic + Price level support; Can be a low risk trade with a SL below 1460.

gr.sanjeevkumar

Good consolidation near a breakout level!

gr.sanjeevkumar

Can go long above 382; More steam above 388! SL Below 352; T1: 435; T2: 465; 530

gr.sanjeevkumar Updated 

DMART (Weekly) | Bullish Gartley (in the making) CMP: 1358.5 (Red dotted line) PRZ: 1240 - 1260 (Black lines) SL: 1225 (Red line) T1: 1350 | T2: 1420 | T3: 1500 This is purely a positional view as it is in Weekly time frame!

gr.sanjeevkumar

CENTURYPLY (Daily) Expect a Falling Wedge break out above 170. T1: 188; T2: 195; T3: 201. SL Below 160 - as 160 to 162 is a very good support zone! RSI trying to bounce from over sold zone!

gr.sanjeevkumar Updated 

CMP is around a good support of 154 - 155.50 Price below 154 can seek support around 142 - 145. However, RSI has broken the lower trend line indicating bearishness! Below 140, the next strong support is around 127 - 130. Missing that, the stock can fall to fill the gap of 121 - 112. On the contrary, upon bouncing from the channel's lower TL, it can break-through...

gr.sanjeevkumar Updated 

YESBANK (Daily) Rising Channel Breakdown; Currently at 38.2% fibo retracement of the recent up run, which is also a good support; With RSI downward trending, if price breaks 253, the next supports are around 245, 230. On the contrary, the trend can reverse only above 270. The charts posted by me are only for learning and not for trading purposes! I am not...

gr.sanjeevkumar Updated 

Kind of forming a Sym.Triangle with possibility of breakdown, as the RSI indicates! A sell on rise candidate around the 3050 - 3070 zone. From CMP, if price breaks below 2970, next stops will be around 2945, 2890, 2850 (best support). On the contrary, the trend can reverse above 3030; and can go upto 30 60 - 3070. A close above 3070, will be a bullish break out of...

gr.sanjeevkumar Updated 

2 Lower TLs (Black thick) providing a very strong support between 178 - 179. A hammer formed around the TLs and price bounce showing a bit of bullishness! RSI also taking support around the TL during the same timeline. 50EMA crossing 200EMA from below and is at a converged spot, adds bit more bullishness! Stock going up from here and crossing 184, can go up to 187...

gr.sanjeevkumar Updated 

A Contra bet! CMP: 165.75 (Red dotted line - Below PRZ) PRZ: 167.5 - 171.50 (Black lines) SL: 158 (Red thick line) T1: 193 (23.6%) | T2: 208 (38.2%) (Blue lines) T3: 220 (50.0%) | T4: 233 (61.8%) (Pink lines) The charts posted by me are only for learning and not for trading purposes! I am not responsible for any trade action taken by anyone whomsoever on the...

gr.sanjeevkumar

A rising wedge at the verge of breakdown, but with a good support around 950 - 955. Breaking 950, the stock could seek support around 930, 910. Below 910 the next stop could be around 870. Besides, a sell on rise candidate around 995 - 1000; with a SL of 1015. The charts posted by me are only for learning and not for trading purposes! I am not responsible for...