kartiknayak

kartiknayak Updated 

Tatamotors looking to continue uptrend after a correction in form inverse head and shoulders. We are looking at the target of 325 / 345++. Nifty should support this move by breaking major resistance of 15000 - 15065. Rsi showings strength and healthy volumes while breakout

kartiknayak

NIFTY trying to break a major resistance level of 15000 - 15065 which happens to be a major call writing zone. Inverse head and shoulders will be confirmed after 15000 - 15065 breaks. 14900 marks as a good support as per OI. Target of 15450 can be possible.

kartiknayak Updated 

Infy looking good above 1425 levels as there has been a good consolidation in recent weeks. IT Sector is showing a good structure too along with other stocks in the sector. INFY looks good to take off with cup and handle breakout and RSI hovering around 60.

kartiknayak

NIFTY has shown a good corrective move in an major uptrend. Structural support might lead to breakout above 15065. May move upto 15450. Major resistance is 15000 showing heavy OI reading. OI support of 14700.

kartiknayak

UPL has given cup and handle breakout on weekly charts in recent past. Price has shown consolidation above breakout level in past few weeks and confirming breakout is bull sash pattern In the recent past there has been a resistance breakout around price level of 640. Major up move can be possible above 658 - 660 zone. Targets of 700+, and good possibility of...

kartiknayak

TATASTEEL LOOKS A GOOD BUY IN METAL SECTOR AND SHOWING A MAJOR RESISTANCE BREAK IN WEEKLY CHARTS. GOOD FOR 900 AND ABOVE.

kartiknayak

HDFC BANK SUSTAINING BREAKOUT ABOVE 1460 LEVEL BANK NIFTY CORRECTION DIP MADE AT 31850 LEVEL AND NOW RESUMING TREND, AN ADDITIVE FACTOR TO THE BREAKOUT

kartiknayak

OIL AND GAS SECTOR SHOWING POTENTIAL STOCKS LEADING THE MOVE ARE IOC AND BPCL

kartiknayak

INDUSIND BANK SHOWS A GOOD CONSOLIDATED HANDLE WITH RSI AND VOLUME INDICATING STRENGTH ONLY ON CLOSE ABOVE 932.

kartiknayak

FMCG sector - HUL and ITC showing strongly bullish on weekly charts. Keep an eye on this sector in coming weeks!

kartiknayak

EICHER MOTORS HAS SHOWN FIBONACCI CORRECTION OF 0.5 % FROM THE RECENT UP MOVE AND IS LOOKING TO RESUME UPTREND. AUTO SECTOR MARUTI AND TATA MOTORS SHOWING PROMISES FOR THE WEEK

kartiknayak

ITC and HUL from FMCG Sector show strong weekly charts indicating bullish strength!

kartiknayak

Bajaj auto can be a good long above 3420 levels looking for trend continuation!!

kartiknayak

Two stocks namely GRASIM AND ULTRATECH CEMENT are potential canditates for breakout in coming days. Both stocks are at a crucial resistance zone with RSI and volume projecting strength. GRASIM long above 914

kartiknayak

Stay unbiased on asian paints support zone keep watch

kartiknayak

Rough targets can be 1700/1750

kartiknayak

There is a slight RSI -ve divergence and support breakdown in INFY

kartiknayak

trendline breakout..possible targets can be 28920/29250