gvvaidya

gvvaidya Updated 

A falling wedge pattern is developing on ITC daily chart. If this works, it can give a good move on upside...week to 10 days time frame is what I would see for this

gvvaidya Updated 

BHEL monthly chart...possibility of a falling channel breakout....if it sustains then expect 360 to 390 in medium term...215 should sustain for this to happen

gvvaidya Updated 

JUBILFOOD cmp 458, breakout above the upper TL of the falling channel, has the potential to move to 490 (ultra short term) and 550 (short to medium term)...view becomes invalid below 410....disclaimer: this is not a trading recommendation, posted for education purpose only. Pls consult your financial advisor before taking any trades

gvvaidya Updated 

ABCAPITAL (cmp 214) seems to have broken out on Monthly Chart. Volume too is supporting this breakout. Falling channel breakout plus the FIBO extn projections give a possible target of about 255 odd levels in few months time.. View becomes invalid for a monthly close below 185 level. Disclaimer: This is just a view for educational purpose. I am not a registered...

gvvaidya Updated 

Another parallel channel formation seen (falling channel) on Nifty Spot....if this breaks out we could see a retest of recent highs to make fresh ATH sooner.. This is not a trading recommendation. Pls consult your financial advisor for proper guidance.

gvvaidya Updated 

possible falling channel breakout on BhartiArtl...daily chart...more power above 1140 ...levels of 1160 and 1200 expected if this happens...not a buy/sell recommendation..purely technical based view....

gvvaidya Updated 

flag pattern formation on NS daily chart...can bulls show their power...22500 odd could be target if that happens...purely my reading...can go wrong...not a buy / sell recommendation...

gvvaidya

SBICards..cmp 741 ...a potential candidate for falling channel breakout...once it moves above 755 it could give a move till about 820 short term view...invalid below 699....just my observation, not a buy/sell recommendation....

gvvaidya Updated 

Nifty Spot (NS) breaking out of the falling trend line on daily chart...next level to watch out would be the gaps left on the way down and possibly a fresh ATH if the breakout sustains

gvvaidya Updated 

VEDANTA weekly chart....price is making a hammer at the lower end of the falling channel....holding the lows here might probably give the move towards 250-280 short term...cmp 222

gvvaidya Updated 

CG weekly chart..cmp 325.20 it has given a breakout of the falling channel pattern...medium term can show a move towards 415 and long term towards 500.....just an observation not a trading recommendation

gvvaidya Updated 

Weekly chart move suggests levels of 20 and 22.5 could be tested provided lows of 16 are held

gvvaidya Updated 

JIOFIN daily chart...price has turned up from the earlier left bullish gap...bulls have probably regained control here...once it crosses the TL it can resume its earlier move towards 266 & 284 & even more in my view

gvvaidya Updated 

ITC is forming a falling wedge pattern on daily chart in my view...cmp 443. If it holds 430 levels one can see a move till 456 and 490 short term

gvvaidya Updated 

today's (4th Sep 23) gap up on this scrip has made an island reversal pattern (gap on both sides unfilled from 245.15 to 248.90) if this gap does not get filled in the near term. Based on FIBO retracement levels of 298 & 357 have opened up since it has crossed the previous high of 262 made on the listing day. Of course these levels may not come immediately and one...