Divergence can be seen in 15 minutes time frame of India VIX. Can expect bounce in India VIX. Be careful for fresh Long .
Hisar Metal is looking good to buy at breakout retest zone. Since market is extremely volatile with an important event is yet to come. Accordingly study chart & take the position with stop loss of Rs 140.
Techno electric is sustaining well above its breakout level around 345. Keep on radar for buy above 380 or near 360.
Prerna infra is a micro cap script. Recently company has announced solid Q-3 results with all time high net profit. OPM are improving consistently from last 3 quarter. Promoters has also increased its holding from 46.73% to 61.34% in last 3 years. Keep on radar to accumulate at CMP. SL can be 33. Can be a rerating candidate if current performance continues for...
Bank nifty is forming higher high on 15 minutes time frame from last 2 trading session. Looking good for long at CMP. 42700 is SL.
Bank nifty is forming higher high on 15 minutes time frame. Keep on radar for falling trendline BO. Can go long if sustain above falling trendline BO with 42700 as SL.
RDB Rasayans is consolidating and forming Symmetrical triangle pattern on weekly time frame. Keep on radar for breakout. Stock is trading near ATH zone.
GR Infraprojects is forming descending triangle pattern on weekly time frame. Stock has corrected almost 50% from all time high. Although company is performing well and giving highest ever EPS in TTM. Keep on radar for breakout and closing above 1250. Free float is only 2.25%. IPO was subscribed by 168 & 238 times by Qualified Institutions and Non institutional...
Can we expect for bank nifty to touch lower portion of parallel channel in 15 minutes time frame. Tomorrow is expiry and bank nifty is still in range from last 9 days. 42200 is key level to watch. Seems tomorrow we can see one side move.
Nifty Small cap 100 is trading at crucial level. Need to hold the 9620-9650 else can see fresh fall in most of stocks. Keep on radar
Techno electric is trading and sustaining near all time high levels. Keep on radar for closing above 377.
Ceramics sector is gaining good momentum since last couple of weeks. Somany ceramics is also on verge of breakout on hourly time frame. Can go for long at CMP for target of 537-542 with SL of 488.
NMDC is consolidating in a range since last 12 year in rectangular pattern. Keep on radar for monthly closing above 142.
GMDC was in downtrend since last 1.5 years. Stock was forming lower low and lower high on weekly time frame. From 2-3 weeks stock is not breaking its previous low and trying for starting of an upward journey. Keep on radar for weekly closing above 162 to form an uptrend pattern.
Techno Electric has recently given 1.5 years breakout at 340-345 levels. Seems stock is retesting its previous resistance level. Keep on radar. RSI is bullish in daily/weekly/monthly time frame.
Nifty 50 is consolidating with positive RSI divergence. Keep on radar to break the trendline. No trade zone right now.
Refineries sector is doing good from last couple of week. Seems Chennai petro is also getting ready to participate. Falling trendline breakout can be seen on daily time frame. Next major resistance is at 265-273 level and SL can be 220. Keep on radar.
India VIX has given breakout of double bottom on daily time frame. Can expect more fall if sustain above breakout level. Longs need to be avoid.