Dt. - 24-12-2020 Price - 513.55 Price took the support of the old trendline on 22-12-2020 and started moving upward. Horizontally the support line is placed at 501 and the next resistance line is 527.05. If the stock takes support at 501 and bounces back then it can go up to 527 for the 5% profit. 2nd resistance line is placed at 551. RSI is neutral and 21 DEMA...
Price - 1163.20 Dt. - 11-12-2020 The stock is taking continuous support of the trendline and moving in an up direction. The resistance line is placed at 1186 at 52 weeks high of the stock. The price is on the verge to break the ascending triangle pattern in 3-4 trading sessions. Buy call will be activated after it breaks the resistance line.
Dt.- 27-11-2020 Price - 2925.75 Made a bearish Doji indicating there will be a correction. We are expecting that it may visit the support level that is placed at 2881.05 and if there will be more selling pressure among stocks than it can go up to the 21DEMA. Nifty Metal is in the overbought zone. This will be the key entry-level for the put option trader.
Price -647.75 Dt. - 27-11-2020 The stock is moving in a range from May. In the last trading session, the stock took support at 21DEMA and the support line which is placed at ₹638.65. If the stock opens in green then it can go up to the price level of ₹669.85. Price bounce back after touching the 21DEMA line and occasionally the price breaks the 21DEMA line and...
Price - 511.65 Dt. - 27-11-2020 Support level is placed at ₹501.75 and resistance level at ₹545.70 and then ₹560. On a daily chart, the stock made a shooting star pattern with more than an average volume indicating that stock can continue falling for a couple of days. RSI is neutral. We are witnessing the selling pressure in Nifty as well as in Nifty Pharma so...
Today Nifty traded on the flat note between 12,940 and 13,000 levels. On a daily chart, it made a hanging man candlestick pattern that indicates the nifty may correct in few trading session. Historically, the nifty has taken the support of 21DEMA so nifty is likely to take support at 21DEMA. If nifty breaks the 21DEMA than nifty can go up to 12,428.40 levels. RSI...
Price - 1899.50 Dt. - 22-11-2020 Stock is clearly in a downtrend from Oct.15 and it looks like it will continue for few sessions as the Indian market is going to witness some correction in coming sessions. The support level is placed at 1830 and stock is likely to go near that. At the price range, it will be the opportunity to purchase for the long term investor...
Price - ₹517.15 Dt. - 16-11-2020 From Oct. 1 the price is moving in a range between 506.5 and 535.5. Stock is also taking the support of trendline regularly. Recently on 11th Nov. stock took the support of the trendline. The price has given the close near the 21DEMA and we are expecting the correction near the 510. RSI is neutral.
Price - ₹840.15 Dt. - 15-11-2020 Price is near to the support/resistance line. Price made bearish Doji showing the stock can correct till ₹815 near 50DEMA. RSI is neutral and from last few trading sessions the stock is witnessing less than average volume. Buy call will be activated after the expected technical corrections and after the volume start coming.
Price - ₹613.15 Dt. -15-11-2020 Price made a Doji on a daily chart indicating that it exhausts the uptrend and we can see some correction in the coming sessions. The support line is placed at 584 and buying opportunities will generate from there. RSI is in overbought.
Price - ₹1133.45 Dt. - 15-11-2020 Price is moving in the range between 1068.55 and 1187.35. Stock made bearishly Doji showing it can fall for a few trading sessions on the account of profit booking. It would be buy call when the stock falls below 21DEMA on the daily chart.
Price - ₹510.15 Dt. - 09-11-2020 Support level is placed at ₹501.75 and resistance level at ₹545.70 and then ₹560. Pharma stock is in momentum so it can give return of more than 6% in few trading session. If opens in green then it will be buy signal or if it bounces back from support line than also it will be a buy call.
Price - ₹855 Dt. - 09-11-2020 Price is moving in range between ₹810.55 to ₹905.20. Stock closed in red and took support of 21DEMA. It looks like stock may come near 50DEMA, which is right below the support line. If stock bounces back from support line than it will be a buy signal.
Price - ₹454.80 Dt. - 04-11-2020 Price tends to take the support of 21DEMA and today the stock touched the 21DEMA and started moving up. Stock can start moving upward and can go up to the resistance line which is placed at ₹479.45 giving a nice 5% profit. RSI is neutral.
Price - ₹788.90 Dt. - 03-11-2020 On a daily chart, it looks like the stock is ready to reverse the downtrend. On 3rd Nov. the price has closed the support line from below which is placed at ₹784. RSI shows that the stock was near the oversold zone but managed to move up to 46 points which higher than average volume.
Price - 628.40 Dt. - 03-11-2020 On a daily chart, the stock is moving in a range. Price bounce back after touching the 21DEMA line and occasionally the price breaks the 21DEMA line and goes till 50DEMA. It looks like the price can come up to 21DEMA or if there will be selling pressure than the price takes the support of the 50DEMA or the below trendline. RSI is...
Price - ₹309.35 Dt. - 03-11-2020 Price faced resistance at ₹328 before 2 weeks and today the stock took the support at ₹304. 21DEMA is placed right below the support line. It looks like the stock is ready to move above till resistance line giving the profit of around 6-8% profit. If starts moving downward it can go up to 50DEMA. RSI is neutral.
Price - ₹587.50 Dt. - 03-11-2020 The price is near the support line placed at ₹584.15. 21DEMA is ready to cross the 50DEMA from below within 2-3 trading sessions. If opens in green then it will be the buy signal. If the stock fell then it can try to touch the 21DEMA. RSI is neutral and MACD has given the buy signal.