NSE:ICICIGI Retest of break out and short term TL crossed.
NSE:AMBUJACEM good move. Should continue the rally further.
NSE:TORNTPHARM breaks out above trendline. Enter above 2840.
NSE:CIPLA breaks out of the consolidation above 825. Watch out for a good upside.
NSE:AMBUJACEM is at trend line support. An opportunity to buy here. Stop loss at 224 and can go short below that on confirmation.
NSE:MARICO inverted head and shoulder. Watch out above 410.
NSE:NIFTY from the year 2000 to 2020. High made in 2000 next in 2008 and the same is being tested in 2020. With a major difference being those were peak of a bull run. will this be the peak as well? RSI was too high even on monthly charts in 2000 and 2008. In 2020 its not there yet. Infact RSI also seems to show positive signs.
NSE:NIFTY has been making new highs everyday. How ever its over bought for a while now. A rally from 10800-13500 has been phenominal. with almost all Nifty stocks above 200 DMA. How ever its not a very comfortable position to be in with a daily high. I would now look to book profits, keep trailing stop loss in all my positions. A fall upto 13000-12800 would be...
NSE:PVR breaks out as mentioned earlier. Now 1500 and more to go.
NSE:VEDL cup and handle. also a good entry above previous intermittent high of 142.
NSE:CANBK has given a fresh break out above 119. Headed for 135-154-169.
NSE:RELIANCE as mentioned earlier taken multiple supports and finally break out. now looking at testing the next resistance line.
NSE:ITC Currently trading at 198. Stock has moved up well and in heading towards the upper channel. It has also broken the resistance line and has given a break out. The immediate pivot is near 210 levels. Sustaining above 210-212 would move ITC in to a long term bullish phase and the stock can start its rally towards making new highs. I would recommend investors...
NSE:IRCTC nice convergence. Watch out this stock for momentum on either side.
NSE:MARUTI heading towards 10000 and more. Personally holding this since 4000.