kalyanganguly

kalyanganguly

Note: This is for educational purpose only. Please do not trade based on this. I am not a registered SEBI professional. These are just views for study purpose. There seems to be a pullback post break out in HCL Tech. Moreover, the RSI and Relative strength is in bullish zone. There is a build up near resistance as well. SL: 1100

kalyanganguly

Note: This is for educational purpose only. I am not SEBI registered. So please consult your Financial Advisor before investing. There seems to be formation of bullish hammer in Reliance at support levels. Moreover, the RSI and Relative strength indicates bullish momentum as well.

kalyanganguly

Note: This is only for educational purpose. Please do not trade in F&O based on this analysis. There seems to be a pullback in Bank Nifty from support level of 34000. Relative strength is moving upward and is above 0. SL: 33500 (conservative)

kalyanganguly

Note: This is for educational purpose only. There seems to be price rising with volume. Sustaining above 3410 might show an up-move. RSI above 60 indicates bullish momentum. Moreover, relative strength has just crossed above Nifty which indicates bullishness in trend. SL: 3230

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish breakout in W pattern from the neck line. Price is rising with rising volumes. Relative strength of the stock is more. RSI at 64 indicates bullish momentum as well. SL: 730

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish engulfing at support and seems to be a bullish reversal. Moreover, there seems to be a RSI divergence as well. The relative strength compared to Nifty seems to be weak though which is a negative point. SL: 2250 INR

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish reversal from support. Trend line support and 100 SMA support seems to be coinciding. Relative strength is more than Nifty as well. SL: 692/-

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this. There seems to be a bullish reversal from 100 SMA, which has acted as dynamic support in the past. Relative strength of TCS is more as compare to Nifty index. SL: 3431

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a hammer at the uptrend channel support. Moreover, relative strength is greater than Nifty index. RSI above 50 indicates bullish momentum as well. SL: 1700

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish hammer on the previous support. While the price is at the same level from previous support, the RSI is making a higher low. SL: 2600

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be formation of Inverse Head & Shoulders. If the neck line is broken, we can initiate a buy in cash. RSI above 65 indicates bullish momentum. Moreover, the stock has more relative strength as compared to Nifty 50. SL: ₹4825

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bearish reversal from supply zone. Low of current candle is lower than that of previous candle. SL: ₹ 74.70

kalyanganguly

Note: This is for educational purpose only. There seems to be a build up near resistance in 1 hour timeframe. RSI is near 60 and relative strength is crossing Nifty Index. There is a possibility of breakout. But please wait until breakout happens. Once breakout is done, SL would be: ₹542

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish breakout with volume. Relative strength of the stocks seems to be crossing above which indicates strength. Moreover, RSI above 60 indicates bullish momentum. SL: 3800.

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this. There seems to be an Inverse Head & Shoulders breakout with volume. RSI above 65 indicates bullish momentum. Moreover, relative strength of this stock is above Nifty. SL: ₹305

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish breakout with volume. RSI above 60 indicates bullish momentum. Moreover, relative strength shows crossing Nifty 50.

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O. There seems to be an ascending triangle formation with small build up near resistance. RSI above 60 indicates bullish momentum. SL: ₹ 17300

kalyanganguly

Note: This is for educational purpose only. Please do not trade in F&O based on this. There seems to be a bullish hammer at support of ascending triangle. Moreover, RSI is above 50 which indicates mildly bullish. Buy above high of the current candle. SL: ₹ 419