Deepak Fertilizers One may look to accumulate the stock at cmp and on dips towards 485 from Medium to Long term perspective. Momentum may come once it crosses above 580 odd levels. Take care & safe trading..!!! Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the...
Every thing mentioned in the chart Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat...
255 to 268 is the support zone Trend view: Above the green Trend line stock is in positive territory Currently possibly a Correction phase in up trend. Trading Plan Consider buying at cmp and or on dips towards 258-245 SL: Exit if stock closes below the green trend line on weekly charts Take care & safe trading...!!! Disclaimer -The view expressed here...
Smaller range for Nifty 19836 / 19905 on the upper side and 19564-19532 on the lower side could be the limits. If the smaller range is broken immediate targets would be the broader levels Broader range for Nifty for August series 20000-20200 on the upper side and 19300 on the lower side Important levels which may act as Support and resistance for the day...
ONGC The stock is looking poised to make an Inverted Head & Shoulders pattern. Important levels to watch out for 188-194...sustaining above that level would strongly increase the chance of stock exploding on the up side... Take care & safe trading..!!! Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future...
Laurus Lab On weekly charts, if stock manages to close and sustain above 375-380 odd levels then odd of Laurus Labs moving up to 458-466 levels could get stronger. Take care & safe trading...!!! Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be...
Nifty is trading in red channel zone. Follow the red channel (Risk Reward ratio to sell on rise towards the upper side of red channel has less risk and more reward potential) As per charts 19234-19202 is important level on the downside Follow risk management measures Take care and safe trading...!!!
- Yesterday we had warned that if on Pullbacks Nifty is unable to recapture 18315 odd levels then odds of falling towards 18146 / 18112 would be very high and Nifty could be starring at sub 18000 by month end... - Nifty opened at 18287 (Resistance 2 given 18286) and immediately started giving up - Nifty took resistance exactly at the red line and fell from...
A few days ago this is what we had posted... Weekly closing above 18060 and Nifty would make a move towards 18400 Nifty closed that week at 18069 and the rest you can go in the chart above and hit the play button and see for yourself how Nifty moved. What next ...??? Overall Put Call Ratio 0.82. Market might look to bounce back from Oversold conditions Open...
Every thing is mentioned in the chart. 17960-18060 is an important zone to watch out for A close above 18060 could take Nifty towards 18400 odd levels A weekly close below 17960 could open doors for a move towards 17800 / 17750 odd levels. Take care & safe trading..!!!
Markets participants are keeping their cards open. All Market participants are kind of net neutral position before the event. We might still be kind of range bound as participants are playing a wait and watch kind of game... Not worth playing for a range bound market....At the same time, Currently we are near 76.4% retracement level so not comfortable going...
Nifty - Important levels on Nifty spot for 09 May 2023 Imp levels on the upside 18343 / 18368 / 18401 Imp levels on the downside 18235 / 18208 / 18178 - Nifty rose 50 points with 0.25% rise in Open Interest. Before the Karnataka Election outcome, No signs of panic. - Just before the Karnataka Election outcome, All 3 F&O major participants have a Net...
Yesterday had given the level of 18065 odd levels as trend decider. Nifty made a low of 18066 and started it's one sided recovery slowly and steadily moving exactly on predicted lines. Important levels going forward 18180-18160 / 18120-18105 to be an important support level 18400 upside resistance zone Take care & safe trading...!!! Like and Follow
18030-18065 would play a crucial role Sustaining below 18030 on 15 min candle one may look to sell for target of 17960 odd levels with a SL tad above 18065 giving a Risk:: Reward ratio of 1::2 A weekly close below 17960 could open doors for a move towards 17800 / 17750 odd levels. Sustaining 17960 and managing to give a Weekly close Above 18065 In that case...
Nifty - Just before the FED meeting the mood is upbeat amongst World market For the May series important level to watch out for on Nifty 18400-18600 on the upside and 17750-17900 on the lower side. - Option IVs are very very low. A wild swing on the Index can reward Option buyers and chop Option sellers. Take care & safe trading...!!!
All levels are given in the chart itself Watch out for Nifty behavior in the zone of 17580-17644 zone for that may give an early cue as to where Nifty may head in to expiry week. A movement of 250-280 points may be on the cards. Take care & safe trading..!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for...
Nifty 27 April expiry view Important levels on Nifty spot for 27th April 2023 Important levels on the upside 17836 / 17882 / 17916 Important level on the downside 17772-17765/ 17738 / 17705 If Nifty breaks 17765 odd levels, then likely target is 17738 / 17707 odd levels. If it holds on to 17765 odd levels and if we see the Index crossing 17836 in the 2nd half,...
Nifty Yesterday we had given a trend decider level of 17580-17644 Nifty spent a good 3 hours in the said range on 24th April 2023 and after 12:30 pm we saw a breakout on the upside. Nifty went on to make a high of 17754.50 (we had given a level of 17754) Levels working to the point... For 25th April important levels have been given on the chart Take care &...