Price - 771.25 Dt. - 12.05.2021 Yesterday stock had given the breakout and stock continued the momentum today with small profit booking. With fertiliser stock is in focus we expect Coromandel to perform well in upcoming sessions and the stock faced resistance today at 773.85. If stock sustain above 773.85 then this stock can be a good bet. 21DEMA is ready to...
Nifty Pharma - 03-03-2021 The sector is in a clear uptrend after falling for Jan and Feb. On a daily chart, it started moving up after taking the support of the support line. The index is likely to go to the resistance line this month.
Dt. - 03-03-2021 As you can see from the forecasts, in the forecast the index took more than 2 years to reach the target from the bottom and in the second forecast that is after the market crash becoz of COVID-19, the index took less than a year to reach the same target from the same bottom. Share ur views on this.
Nifty IT - 03-03-2021 In the monthly chart, the IT companies faced profit-booking in Jan as well as Feb after touching the resistance line placed at an all-time high. Candle of march is looking strong and again this month it can try to break the resistance line.
Price - 180.70 Dt. - 27-02-2021 The stock is moving in a range and given a breakout on 15th Feb. and on 16th Feb it continued the rally but profit booking forced the stick to close in red and since then it kept falling till the support line placed at ₹177. it looks like the stock is ready to move up again. RSI is neutral and stock is above 21DEMA. If open in...
Price - 410.30 Dt. - 26-02-2021 The stock has made a descending chart pattern on the daily time frame. In the last trading session, the stock took the support of the support line. Stock is ready to break the triangle either in a downward or upward direction. If a stock starts falling in the trading session then it can be an indication that the stock may fall...
Price - 2539.40 Dt. - 26-02-2021 The stock is on an uptrend since October. The stock takes the support of 21DEMA and occasionally of the trendline. On the last trading, session stock took the support of trend line after falling for half a month from 52 week high. We are expecting the stock to resume the uptrend. RSI is neutral.
Price - 255.15 Dt. - 26-02-2021 The stock is trapped in a triangle in the weekly chart. In upcoming weeks it can give a huge breakout. Volume is also increasing from the last few weeks indicating the stock could give a breakout. RSI is neutral.
Dt. - 23-02-2021 Candlestick took the support of the horizontal line yesterday and today. Today index made a Doji-like candle. The trend may reverse from here and it may start moving upward from tomorrow. If it starts falling again than the next support is placed at 32,668 points.
Took the support of 21dema in 1hr. Time frame. May start moving up in trading session. Resistance is placed at 328. Support is placed at 302.
Price - 570.20 Dt. - 21-02-2021 The stock started moving in an up direction after hitting a month low of 520. After moving up for 5 days the stocks started consolidating making a flag pole pattern. From the last 2 sessions, the sellers are trying but not able to give close below the support line. If stock gives a close above the resistance line placed at 596.45,...
Price - 773 Dt. - 13-01-2021 The stock is moving in a channel and become weak from the last 3 trading sessions. Stock is facing resistance at the green line and started falling after touching. The stock gave the close below the 21 DEMA as well. We are expecting the stock to fall till 50DEMA which is placed at 754 and bounce back. RSI is neutral. If stock starts...
Price - 884.55 Dt. - 12-01-2021 It looks like uptrend in Relaxo Footwear is over and the stock given close just 4 points above the support line. RSI is in the overbought zone so we are expecting more profit booking as stock already is in downtrend from last 5 sessions. We are expecting the stock to come till the support zone which is placed at ₹828.55. 21DEMA is...
Price - 937. Dt. - 11-1-2021 Time - 3:00 pm. Support line placed at 917 levels. Current stock is moving between 938-942. According to the report the govt. can increase the FDI limit in the budget. RSI is already in the overbought zone so we are expecting some correction in coming days and stock can come up to the support level or till 21DEMA or 50DEMA If the...
Price -1592.10 Dt. - 07-01-2021 Stock is moving in an uptrend from late September and provided roughly 10% profit every month. The stock has given the closing below the resistance line of 1597.10. We are expecting the stock to take the support of 21DEMA and start moving up. RSI is neutral. If stock starts moving up from the next trading session can it can go near...
Price - 590.10 Dt. - 1-1-2021 Stock is in uptrend from August and facing resistance at trendline. On 31st Dec. the stock broke the trendline and closed successfully above that with higher than average volume. Today stock opened above the trendline and managed to close in green by making a Doji but with very less volume. RSI is at 71 near oversold zone. We are...
Price - 238.35 Dt. - 01-01-2021 The stock is in uptrend taking the support of the trendline. Price recently took support on the trendline on 22nd Dec. and continued uptrend. We have observed one thing that whenever price resume after taking the support of trendline, the volume is higher than 10 days average. Interestingly, the volume is higher than the last...
Dt. - 24-12-2020 Price- 517.3 On a daily chart, the stock made the hanging man candle along with a double top. The stock also faced resistance at dark blue trendline. This all indicates the stock can correct some more before moving up. Stock can come down till horizontal support line placed at 488.80 or the purple trendline. It looks like a stock can break the...