jayaprakash99

jayaprakash99

HAL has been facing resistance from 200 EMA from last few sessions. If it closes above the resistance level today, A potential up move has implied. (As volume for the day is already greater than the last 20 day average volume). Cheers! Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.

jayaprakash99

BHARTIARTL is trading near the 9 months trendline as well as near the support level. A positive breakout with good volume, is an indication of potential upmove. However, if it cant take support at these levels, it may break the trend line to go further. Cheers! Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.

jayaprakash99

DMART (Avenue Supermarts) is trading near the 15 month trend line. If it takes support at this level, a up move is implied, if not it may go the lower levels. Cheers! Feel free to share your view about this. Happy Trading.

jayaprakash99

SUNPHARMA has been trading near the support zone. If it takes support at the current levels, the target can be the upper trend line of the channel. Cheers! Feel free to share your view about this. Happy Trading.

jayaprakash99

HDFCLIFE has been trading near the resistance trend line of the parallel descending channel. On the Wider perspective, it is forming a Pole and Flag pattern. If it gives a breakout from upper trend line of descending channel, with good volume, a potential up move is implied. Cheers! Feel free to share your view about this. Happy Trading.

jayaprakash99

RVNL has been trading near the channel support level and it has formed Doji candle in the last session. A Doji candle in the downtrend signifies bears might be running out of strength. If it gives a breakout with Good volume, a potential upmove is implied.

jayaprakash99

CYIENT has been trading near the support level of the channel. For the last trading session it ha Fib levels formed a Doji candle and resisted 61.8 Fib level. If it crosses this level with Good volume, a potential Upmove is implied. Cheers! Feel free to share your view about this. Happy Trading.

jayaprakash99

DABUR has been trading at the lower trend line of the channel pattern as well as at the support level. If prices can support this level, in the next few sessions, a potential up move is implied until the upper line of the channel( Resistance level ). Cheers! Feel free to share your view about this. Happy Trading.

jayaprakash99

SBILIFE has been trading near the lower end of the channel pattern(Support level) and near the 61.8 Fib level as well as the Pivot levels. If prices can support this level, in the next few sessions, a potential up move is implied until the upper line of the channel(Resistance level). Cheers! Feel free to share your view about this. Happy Trading.

jayaprakash99

NIFTY has been trading near the resistance zone(78.6 Fibonacci level) from the past week and it has closed near the lower trend line of the rising wedge pattern. There is a Negative divergence on RSI as well. If it headed for the reversal, it's likely to find support at 61.8 Fibonacci level i.e, at 10550 (or) at 50 Fibonacci level, which is around 10000. Cheers....

jayaprakash99

BankNifty has been trading near the support of Rising wedge pattern (a reversal pattern). It has been facing the resistance at the 38.2 Fib levels from the past week. If it heads for correction its likely gonna find support at 23.6 Fib level, which is near 20000. Cheers. This is as per my analysis, please do your own analysis before doing any trade/investment....

jayaprakash99

Bharti Airtel Ltd, has been trading near the lower band of falling wedge(Support) pattern. If the stock, breaks the resistance line of the pattern, with good volume, a potential up move is implied.

jayaprakash99

SBICARD has been trading near the support level of the channel. A breakout with good amount of volume, can be considered as a Potential up move till the resistance level of the channel. Cheers! Happy Trading.

jayaprakash99

NTPC is trading at support level. Any breakout to either side, with good volume can be of a potential Up move or Down move.

jayaprakash99

HAL has formed Bullish Flag pattern over the last few sessions. If it breakout the flag pattern, we can consider Long in this, with a target of height of the pole. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.

jayaprakash99

SBICARD is taking support on RSI trend line currently, if it closes below the trend line for the day, a potential downtrend is implied. At the same time, if it can't break it an Uptrend is implied. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I...

jayaprakash99

If it holds 1290 levels today, we can enter Long position with next target of 1430 and with stop loss of around 1200. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.

jayaprakash99

VSTIND has been following a trend line over the last few months. Currently it is trading near the trend line , which if it breaks we can go short. Else, a good chance for Long. Let me know your view in the comments. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment...