CHART -> Nifty Bank WEEKLY SETUP Bank Nifty has two support levels to be looked out for. 1. There is a Bullish Trendline which Bank Nifty has respected in latest correction. 2. 34,000 levels on weekly chart is also a clear support to look out in coming week. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
CHART -> Nifty Smallcap WEEKLY SETUP Except few countable shares, most of the market is Small and Mid cap, one should also keep Nifty Smallcap chart in radar, which have seen a massive rally in 2021. 10,540 levels seems weekly support from which, last week also it bounced back. Disclaimer: This is for educational purpose only. This is not any recommendations. I...
CHART -> RELIANCE WEEKLY SETUP As seen per the chart we are seeing a range of 2250 to 2325, was a previous resistance for Reliance and after the Breakout has been done, now in this correction that range is acting as it's support. This for educational purpose only. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
CHART -> RUPA & Co WEEKLY SETUP As seen per the charts: 1. Big Cup and Handle formation is under construction, with 555 as resistance. Any weekly close above 555 will be considered as breakout. 2. Last correction in the stock has formed a double bottom pattern, which is also a bullish pattern. 3. After double bottom, we can see huge volume bars also. We have...
CHART -> JAMNA AUTO DAILY SETUP Jamna Auto trading in a channel. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CHART ->SUNTECK REALTY LTD WEEKLY SETUP As seen per charts, there is few things to note: 1. In weekly time frame, it has given a Multi Year breakout. 2. 512 to 535 was a resistance zone for the stock which it did breakout this week. 3. Last few candles has been with good volume. Disclaimer: This is for educational purpose only. This is not any...
CHART ->Deepak Fertilizer WEEKLY SETUP As seen per charts, there are few things to note: 1. In weekly time frame, it has given a huge cup and handle breakout. 2. Last breakout candle has been with good volume. 3. MACD crossover in the breakout candle. 4. Not for technical point of view but we have to take a note that -> FII INCREASED THEIR STAKE BY 10% IN...
CHART -> SEQUENT SCIENTIFIC DAILY SETUP As we can see on chart, Sequent Daily chart is giving three bearish trendline breakouts. MACD finally going positive after August. Huge volumes also in last 2 days. These factors should act as a forward looking journey for SEQUENT SCIENTIFIC. Disclaimer: This is for educational purpose only. This is not any...
CHART -> ITC DAILY SETUP ITC is near to it's trendline as resistance and at the support side near to 200 Days Moving Average. This factors can define short term paths for the stock. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CHART -> RUPA & COMPANY DAILY SETUP Rupa has given a trendline breakout with huge volumes, RSI was also facing hurdle to get above 64.. Now it is 66. Also the price is near to 200 DMA, giving more scope to rise. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...
CHART -> TVS Motors DAILY SETUP TVS Motors seems to forget it's downtrend and started in a sweet little uptrend in daily time frame. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CHART -> RUBFILA WEEKLY SETUP As seen per charts, there are few things to note: 1. In weekly time frame, it has given a flag and pole breakout. 2. Last breakout candle has been with good volume. 3. RSI gone above 60. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...
CHART -> Canfin Homes DAILY SETUP As seen per charts, there are few things to note: 1. Jubilant Ingrevia was trading under a trendline and in the downtrend. Recently it broke the trendline, telling the downtrend may be over. 2. From last few days it has started trading in a small upmove channel. 3. Today it has given a close above 200 DMA, and that now can act...
CHART -> Godrej Consumer DAILY SETUP As seen per charts, there are few things to note: 1. Stock was first trading near 200 DMA and after that now it is consolidating near 100 DMA. 2. A small flag and pole pattern has been formed, with it is consolidating in between 975 to 945 range. 3. RSI is facing hurdle to go above 60. A close above 975 or RSI above 60 will...
CHART -> Deep Industry WEEKLY SETUP, CMP: 157 As seen in the chart, Deep Industry is trading under a Symmetrical Triangle in the weekly time frame. Any of the two -> break out above the upper trendline or break down below the lower trend line should be considered for further direction of the price. As per last week's candle, we can see a Symmetrical Triangle...
CHART -> Jubilant Ingrevia Daily SETUP As seen per chart, Jubilant Ingrevia was trading under a trendline and in the downtrend. Recently it broke the upper trendline with good volume. The downtrend seems to be over for Jubilant Ingrevia. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult...
CHART -> AAVAS WEEKLY SETUP As seen per chart, AAVAS is trading under a trendline channel and in the uptrend. Recently it took support at the lower trendline and we can see a big bullish candle in the last week. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...
CHART -> NIFTY AUTO WEEKLY SETUP As seen per charts, Nifty Auto is trading under a channel which is in an uptrend from last several weeks. Nifty Auto is making Higher Highs and Higher Lows. Other interesting point on the chart is that Nifty Auto is trading near to it's previous all time highs. We can see a run-away rally in Auto and Auto related stocks if those...