jayaprakash99

jayaprakash99

BEL is trading near a crucial trendline that it has been following for the last nine months. A breakout from current levels can lead to ATH levels; at the same time, a reversal can lead to 260 levels.

jayaprakash99

Bajaj Finance (NSE: BAJFINANCE) has been trading at ATH levels; after multiple rejections at 8000 levels, it closed above these levels for the first time. On the weekly timeframe, it has formed a flag and pole pattern, which suggests it can reach 14000 levels.

jayaprakash99

SHREECEMENT has closed above 28500 levels on a weekly basis for the first time in 4 years. For the last one and a half years, it has been trading in the range of 24000-28000. It can reach up upto 34000 levels, as per the pattern target, once it breaches its all-time high levels of 31000.

jayaprakash99

KOTAKBANK closed above 2000 levels for the first time in 3.5 years. It has been trading in the range of 1650-2000 levels for the past 4.5 years. If the momentum sustains it can reach its ATH levels 2250, before reaching pattern target of 2350ish levels.

jayaprakash99

NUVOCO has been forming lower lows in both daily and weekly charts, while RSI is forming higher lows, which indicates a bullish divergence. A bounce back from the current levels is likely to retest, its previous swing low of 320ish levels.

jayaprakash99

IEX has been trying to reverse from its latest swing low levels. On the weekly chart, it looks like it's going to finish up the cup and handle pattern. Heatwave warnings from IMD, the hottest march already in India, can trigger an upmove in the coming months.

jayaprakash99

SRF broke its 3.5 years consolidation range and made a retest of consolidation highs as well. Stock currently trying to breakout from its previous swing highs, ~3000 levels. If it breaks this level, next target as per pattern can be ~3350 levels

jayaprakash99

SDBL is breaking out of the 9 month range with good volume on daily/weekly charts.

jayaprakash99

NIFTY SMALLCAP250 has broken its 2024 lokshabha vote-counting day's low. Seems like it can fall by another 4%, if not more, to 13400 levels. If it can't sustain those levels, it may settle at 12600 levels. Let me know your thoughts on this. If you found this helpful, like this post. Follow me for more such updates.

jayaprakash99

MIDCAP150 is at a good support level; the current levels are also lows of 2024 votes counting day. If it can't hold the current levels, fall to 17000 is being implied. Let me know your thoughts on this. If you found this helpful, like this post. Follow me for more such updates.

jayaprakash99

NIfty has formed a bearish head and shoulder pattern, whose neckline has broken recently. Further, it was rejected from a downtrend line during its last swing. 21800 can act as next support, while 21450-21350 is the pattern target range as well as support zone. If it can't hold these levels, a fall to 20350 levels is imminent to cover the gap formed earlier....

jayaprakash99

Felix Industries #FELIX CMP - 372 Support Zone - 330 Target - 460, 700

jayaprakash99

De Nora #DENORA CMP 1920 Support Zone - 1870,1710 Target - 2330

jayaprakash99

Jash Engineering Ltd #JASH CMP 1880 Support Zone - 1770, 1660 Targets - 1900,2200

jayaprakash99

#EMSLIMITED CMP 455 Support Zone - 420-410 Targets - 520, 590

jayaprakash99

#VATECHWABAG #WABAG CMP 977 Support Zones 900, 850 Targets - 1150, 1300

jayaprakash99

Watch out IONEXCHANGE for S&R flip. Its one of the companies operating in Water sector.

jayaprakash99

The Nifty is making new highs on the weekly chart, but it seems momentum is being lost, since the RSI is not moving in the price direction. A Bearish divergence is visible on the charts. Further, there is a 220-point gap between 20510 and 20290. This region also coincides with 50 EMA. If Nifty breaks from its current support region of 21850–21530, it is likely to...