VIPIND has formed a cup and handle pattern on Daily/weekly time frame charts. if it closes above the 425 levels for a day, it's a good opportunity to go long. Levels have been mentioned on the chart. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
Hindustan Aeronautics Limited(HAL) has formed Cup and handle pattern in the weekly timeframe. Though it has managed to close above the trendline for the week, it formed a Doji candle. One can wait for confirmation in the Daily/Weekly timeframe before entering into the trade. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do...
SBILIFE has been trading near the support zone and 200 daily EMA levels as well. It has taken support and resisted 200 EMA levels multiple times; with the closing candle is bullish for the day, we can expect a good up move from current levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
BANDHANBANK is respecting the 200EMA from the last year. It has taken Support multiple times and been resisted as well during the same period. Recently it broke the EMA level, after which it has dive further. It seems it has retested the levels once again, which indicates it may continue to dive further for the next few trading sessions before it can bounce back...
EICHERMOT has given breakout from its 3-yr trendline. It can make a good up move from current levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
HAL has crossed an important resistance zone, with the volume being expanded for the day. It's like face next resistance at 1000 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
GLAND is forming a cup and handle pattern. If it breakout the neckline of the pattern, it will be a good opportunity to go Long. so keep an eye on this. Levels mentioned in the chart. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
AMBUJACEM has retested its 2-year trendline and made a bullish candle for the day, with a good amount of volume. It has taken support from uptrend line as well as at 38.6 levels of the previous upswing. We can expect a good move from here. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
COCHINSHIP has given a breakout from Ascending triangle pattern which it has been trading under from the last three months. The target, according to the pattern, is near to the possible 2-year trendline. If it can cross these levels, the next resistance can be High of the previous swing which is around 490 levels. Cheers! This is as per my Analysis. Feel free to...
TATAMOTORS gave a breakout on 4-year weekly trendline and currently its trading near the upper trendline of the parallel channel on Daily Chart. It has formed a Doji candle on Weekly chart and volume has been decreasing for the past three weeks. It may correct from the current levels either to the lower trendline of the parallel channel or to the 200 DMA/EDMA...
ONGC has crossed the 18 months trendline and it is trading above 200 EMA which acted as resistance and support multiple times during its course. It may retest the 200 EMA before it can make a bullish move towards 100 and 120 price levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
ITC has closed above the 200EMA for the first time in the last 18 months. However, it is likely to face a strong resistance near 200 price levels and it may consolidate at this level, After which it may continue its uptrend. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
HDFCLIFE has retested its previous swing high and made a bullish candle for the day. It can make an up move from the current levels. The next resistance can be 1.272 Fib level, which is around 730. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
UPL has made a bullish candle at the support level with the volume being expanded for the day. It can make an up move from the current levels till 200 EMA or till 480 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
RELAXO has given a breakout from the trendline and it has formed a symmetrical triangle pattern on the price chart. If it retests the trendline it can be good long move. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
HINDALCO has given a breakout from its three-year trendline. We can go Long once it retests either the 200 price level or the trendline. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
COALINDIA has formed a Morning star pattern near its all-time low price levels. The volume is also expanded for the day, which is implying a bullish move from current levels. However, it might test the low of the previous major swing which is at around 120 levels. If it breaks that level, a good up move is implied. Else, it will be continuing its downward journey....
SBICARD gave a breakout after consolidation from last two weeks. The volume is also good for the day, it can make a good up move from the current levels. Cheers! Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.