indiamarketoutlook

indiamarketoutlook

Spicejet is at a level which historically has acted either as a strong resistance or strong support. If the level is held then Spicejet has a strong possibility of jumping back to 95 / 102 odd levels. On a fundamental note - Corona virus fears have let to many flight cancellations so in the short term, things could be difficult - but recent price drop in...

indiamarketoutlook Updated 

Bharti Airtel CMP 540 Telecom sector had been out of flavor for a long time now. However the current chart pattern reflects things have changed and possibly changed for the good. Bharti Airtel has now broken above the parallel channel after 12 long years. Could this be a signal that the worst is over... Only time will tell. But the current setup suggests ...

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Nifty Closing price 11132 What do I mean by mirror image pattern Well, if you see from the Budget day low of 11633.30 Nifty bounced back to make a high of 12246. i.e 613 points on the upside. Once we closed exactly at 11633.30 on 27th February 2020, and opened gap down the next day it was evident that Nifty is going to fall near about 613 points. ( Jitna Upar...

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Nifty 11612 Look for a bounce back trade of 11720 levels SL 11580 on closing basis

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Nifty CMP 12098 Holding 12060 levels on closing basis Nifty can look to scale back towards conquering previous highs of 12430 levels This is a positional view Keep a SL can be at 12025 on closing basis. Take care & safe trading...!!!

indiamarketoutlook Updated 

ICICI Pru Life CMP 478 The stock has recovered well from levels of 440. And it can be seen from the chart why... But now is going to be the testing time for ICICI Pru. The zone of 480-498 may act as a resistance zone. Unable to cross the said zone may suggest rejection at current levels and stock can again dive for a new low in coming weeks. Target for the...

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Nifty CMP 11982 Last time we had recommended selling between 12380-12480 and Nifty made a high exactly in between the said range. As of now Nifty is following exactly the same path what we had shown in our previous post... Now We are very close to the resistance level which is around 12030-12060. If we see the levels of 12030-12060 acting as supply...

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ONGC Cmp 117.95 At current levels the stock looks good from Buying perspective. Target for the current setup 133 / 138 Stop loss if closing below 114 Take care & safe investing...!!!

indiamarketoutlook Updated 

Nifty Closing Price 12352 Last time we had suggested Nifty to climb higher and that's what it precisely did. Now we are staring at the top end of the channel in Nifty. Keep a close eye... - we are at the top end of the channel - on the lower side Nifty can come down towards 12030 / 11866 - Pattern gets invalidated if Nifty closes above 12500 Take...

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Vodafone Idea Closing Price 4.45 It's true that the stock has seen a lot of beating in the last few years. And I mean it when I say what I said...a lot means really really a lot... - a number of issues have taken a very heavy toll on the stock... which is part of Fundamentals and is reflected in the stock price... Some of fundamentals (available in media and...

indiamarketoutlook

DLF CMP 225 Consider selling for Target 185 SL 240 This analysis is for educational purpose only. Do your own research or consult your financial adviser before taking decision on the information provided. Take care & safe trading...!!!

indiamarketoutlook

PFC Every thing is mentioned on the chart. Analysis is for educational purpose only. Do your own research / or consult your financial adviser before taking a decision. Take care & safe trading...!!!

indiamarketoutlook Updated 

Hang Seng CMP 26494 Sustaining above the red resistance trend line, HSI can potentially scale up to 28500 levels... Alternatively wait for a dip towards 26244 levels. Holding that level one can look to enter for a Long trade with Stop Loss at around 25980. That provides a good Risk::Reward ratio. This is for educational purpose only. Please do your own Analysis...

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Nifty CMP 12078 Nifty has recovered most of its losses is half the time. Nifty looks likely to continue its upward journey Target for the current set up 12300 / 12450 SL if Nifty is closing below 12026 Take care & safe trading...!!!

indiamarketoutlook Updated 

Nifty (CMP 11970) Nifty is in crucial resistance zone of 11960 - 12030 Rejection in this zone can take Nifty down to 11860 levels and below that 11786 Pattern gets invalidated if Nifty trades above 12040 Take care & safe trading...!!!

indiamarketoutlook Updated 

Nifty Closing Price 12073 - this is an hourly chart for Nifty - Nifty has been trading between red parallel lines for most of the time - it saw an extension on the lower side around 14th November but managed to stay within the broader green parallel channel - now it is in the extension zone on the upside Strategy Look for selling opportunity if Nifty does...

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Yes Bank CMP 65.45 The stock can be looked at CMP & / or especially on dips towards 58-60 levels. Target and Stop loss levels are mentioned in the chart... Take care & safe trading...!!!

indiamarketoutlook

Yes Bank CMP 65.45 The stock can be looked at CMP & / or especially on dips towards 58-60 levels. Target and Stop loss levels are mentioned in the chart... Take care & safe trading...!!!