khulvenaveen

khulvenaveen

Bank Nifty is trading in first half hour candle range since last two days. On longer time frame, Bank nifty is looking positive till its trading above 47200. Can expect buying in closing session if market sustain above first 30 minutes candle. Keep on radar.

khulvenaveen

HDFC Bank is looking good on daily time frame. Stock is coming out of consolidation. Seems HDFC Bank will lead the bank nifty. Keep on radar for closing.

khulvenaveen

VSSL is approaching towards resistance levels on monthly time frame. Keep on radar for breakout. Metal sector is doing very well, still VSSL is not moving despite having good fundamentals. Seems good accumulation is going on and breakout can be expect soon.

khulvenaveen

Greenlam Industries is looking good on weekly time frame. Stock is showing good momentum since last 2-3 weeks and trading near resistance levels. Keep on radar for breakout.

khulvenaveen

Bank Nifty is looking positive till its trading above 47200. Dip near VWAP levels will offer good risk reward to reach at 47800-47900. Keep on radar.

khulvenaveen

VSSL is consolidating in a range from almost one year. Metal sector is doing well since last 4-5 months, still VSSL is under consolidation. Keep on radar. Seems good consolidation has been done and stock will perform well once trade & sustain above 52 high week zone.

khulvenaveen

Bank Nifty is looking positive today as sustaining at higher levels after gap up opening. Any dip till 47200 is looking good for long opportunity. Keep on radar. Next resistance level is 47800-47900.

khulvenaveen

Balaxi Pharma is trading near inside bar breakout zone on daily time frame. Keep on radar for breakout. Recently company has announced sub division/split of shares also. Can expect good momentum if close and sustain above Inside bar zone.

khulvenaveen

Fresh Buying at current levels might be risky considering the expiry day. As market is trading near all time high zone, can expect some profit booking. Keep on radar.

khulvenaveen

Nifty is trading near resistance levels. Fresh long at current level is not offering good risk reward. Need to wait for a pullback.

khulvenaveen

Seems, Bank Nifty is in complete control of option sellers. Range is not breaking of either side. Option buyer need to be very carefull as today is monthly expiry also. Lack of momentum can cause drawdown inspite sitting in right direction. Entry near VWAP area can offer good risk reward.

khulvenaveen

Bank Nifty is trading near resistance zone. Fresh long at current levels is not offering good risk reward. Still bank nifty is trading in a range between 46500 to 47000.

khulvenaveen

Bank Nifty is getting ready to break previous two days range. Negative price action can be seen also from last 3 hours. Seems gap will be filled on downside if breakdown sustain. Long unwinding can be seen in last 30 minutes if 46500 breaks & sustain below as tomorrow is monthly expiry also.

khulvenaveen

Yuken India Ltd is looking good on longer time frame. Stock is attempting 52 week high closing on monthly basis. Keep on radar for monthly closing.

khulvenaveen

Bank Nifty is still not able to cross first 15 minutes high. Seems both bulls & bears are not confident untill previous day high/low do not break for fresh position. Keep on radar. Can expect range breakout/breakdown in closing session now.

khulvenaveen

Bank Nifty is trading in the range of 46500- 47000 since last few 2 days. Tomorrow is monthly expiry also. Seems we can see consolidation in first half also within this range. Can expect volatility in second half after range breakout considering FINNIFTY expiry. Below 46500 we can expect 46200 and above 47000, 47200 can be seen in quick time. Keep on radar.

khulvenaveen

Bank Nifty is forming double top pattern on 15 minutes time frame. Keep on radar below 46800. Can see profit booking in closing session if sustain below 46800 as long weekend is also in queue.

khulvenaveen

VSSL is attempting breakout of falling trendline on daily time frame. Keep on radar for breakout. Metal sector is outperforming also.