This stock it has break a down trendline with good RSI strength and with Huge volume addition.
For a weekly setup we well see move towards 240 and there is a possibilities that this will take halt at 240 level and break this level will see good up move.
Bajaj finserv is showing a good strength with support of RSI and huge volume addition in weekly time frame.
OI builtup shows that PUT writers are aggressively making their new position and CALL writers are closing their position.
RSI strength, volume addition, OI builtup showing Bullish indication on this stock.
8800 to 9100 this is a strong resistance level if...
Here have mention a banknifty weekly update.
29650 is one time tested level and again it go to test this level and break so we can see a big hurdle for bank nifty @ 30250 to 31200.
30250 to 31200 it is a very tough to break bank nifty. Huge OI addition @ 29500 and 30000 PCR is at 1.23.
New OI addition is builtup in PUT side and in CALL many writers are windingup...
Burgerpaint have a strong resistance at334-340 and gradually making Lower high in past time.
In future there is a more probability this underlying will break this resistance due to resistance level is tested more than 3 times and also supporting a lower high formation in past time and also fundamentally result is a well performing.
We will see this underlying...
Strong Support level have @623.00 coz at this level appear a pivot candle and volume is under cumulative mode, next to this price was bounce up side.
there is a more probability price will bounce from this level, expected target 636.00
As in a chart there is a huge gap up between 29565-30102,
INDVIX forming a lower high and lower low, and currently stand @ ,it's indicating market will be more cheap in future time.
BankNifty is already fall from it's all time high, so we can expect that price will come down to fill this huge gap.
In future there is a probability BankNifty will come to...
Current price is traded below of intrinsic value as per fundamental, Looks very fair at this level but should have to wait until demand zone reach
For a short term perspective strong support level is @ 23.76-23.35, SL @ 23.05
For Long term perspective we have a good demand level @ 22.50-21.90, SL@21.60
JSWENERGY price is trading in the range of intrinsic.
Buy now at this current price range 71-58, but the large demand is stand on the 44.30-35.00, SL is @32.00
above mention second level (44.30-35.00) this will be big reward zone.
Pls leave comment.
For the Long term investment purpose
I have found the intrinsic value for IGL @217.70 but the current price is above this rate. we just have to do wait and watch.
There is a very strong support level @313.85-300 if price break and global cues not support to energy sector so we have to wait until below best entry (Demand) level
Best demand level found @ 222.10-210,...
OPEC has decide to cut new production of crude, due to this cues there is a probability to price will rise of crude. and this will benefits of Oil marketing co.
Best buying level for IOC is @145.80-143.00, Sl@142.00, target 155.65.
Nifty will take a small bounce from 11683-11597 this level. This bounce will continue for a short time period if price not able to break level of price 11900.
11900 this is a very crucial level for price action trade. if the price sustain below 11900 & not break this level so will see nifty will fall down side and below side there is a two strong support level is...