Fresh buying is not looking good at current level. In last month expiry, same scenario was happened and we see what happens in last 45 minutes. Avoid fresh buying.
Deepak fertilizer is consolidating and forming symmetrical triangle pattern on monthly time frame. Keep on radar for breakout. Can expect good momentum if breakout sustain.
Kellton Tech is looking good on daily time frame. Stock is trading near support levels. Keep on radar for closing above 102 on daily time frame. Can expect retesting of all time high.
Mindteck is attempting 200 points range breakout on weekly time frame. Keep on radar for closing above 330. Can expect good momentum if breakout done and sustain.
Bank Nifty is trading near resistance levels. Not looking good for long at current levels. 48000-48100 will act as support. 48300-48400 is acting as resistance zone. Keep on radar for range breakout.
Nifty is not looking good for long at current levels. Index is trading near resistance levels. 22300-340 is strong support. Keep on radar for range breakout.
Nesco Ltd is looking good on daily time frame. Stock has formed double bottom and attempting breakout of pattern. Keep on radar for closing.
Bank Nifty is not looking good for long at current levels. Need to break & sustain above 48320 for further upside. 47900-48000 is looking good support zone. Keep on radar to break either side.
Campus Activeware is attempting break out of inverse head & shoulder pattern. Keep on radar. Stock is forming pattern near lower levels showing sign of reversal.
Salona Cotspin is showing good strength from support zone. Keep on radar for closing above 322. Double bottom formation is also going on daily time frame.
India VIX is trading near major support levels. Today it decline by 20%. Despite major event is going on India VIX is trading at lower levels. Option writer need to be careful as bounce can be seen in India VIX soon.
Arrow Greentech is forming double bottom pattern on weekly time frame. Stock is in consolidation and seems good accumulation has been done. Keep on radar. Can expect new 52 week high soon.
Wep Solutions is offering low risk set up. Seems Stock is showing reversal sign from strong support level. Keep on radar.
Arrow Greentech is forming double bottom pattern on hourly time frame. Keep on radar for breakout. Stock is accumulating well and looking good for further upside.
Salona Cotspin is trading near strong support levels. Keep on radar for reversal. Can expect good upmove above 310.
Aster DM has recently declare special dividend of Rs 118 with record date of 23rd April. Can expect good upmove before record date. Although price will adjust after record date, accordingly position can be taken. Company is also planning to increase the number of beds.
Wep Solutions is getting reverse from strong support zone. Keep on radar. Stock is looking good to retest recent high.
VSSL is trading near upper level of upward slopping channel. Today is weekly closing also. Keep on radar for channel breakout. Stock is showing strength near resistance level. Can expect channel breakout soon.