Price - ₹727.90 Dt. - 31-10-2020 Stock is in the uptrend from late May. On a daily chart, the stock is consolidating near the support line placed at ₹709.65. In 2 or 3 trading sessions the stock can take the support of trendline and can resume the up move. Apart from the trend line, the stock will also take the support of 21DEMA. Price if move in the up...
Price - ₹778.35 Dt. - 31-10-2020 As discussed earlier on the weekly chart that the stock is in the continuous downtrend from a few years but recently last month the stock broke the streak and started moving upward. looking at the historical daily chart we can conclude that stock can give buy and sell signal through 50DEMA and 21DEMA. But observing carefully if...
Price- ₹1378.70 Dt. - 30-10-2020 Today price made the bullish engulfing pattern on the daily chart at the end of the trading session. on 29th Oct. the price took the support of the trendline and today the stock given the close above 21DEMA. RSI is neutral on the daily chart but on the weekly chart, the stock is near the 70 in RSI. If open in green in the next...
Price - ₹465.80 Dt. - 10-10-2020 Stock is taking support at ₹463.75. Looking at the last candle the sellers were successful to bring the price back to the opening price. In the next trading session, chances are high that stock will break the support line and will fall more till the trendline. If buyers come in next trading session, then the stock can go up to...
Price - ₹359.75 Dt. 08-10-2020 Price takes the support of 21DEMA regularly and looking at the price chart the price is going near the 21DEMA area. ₹350 will be buying zone in a few days.
Price - ₹3.60 Dt. - 14-10-2020 Stock is heading toward the overbought zone. Price can go up to ₹4.15 before falling down. If the stock falls then it can go up to ₹3.20. Moving averages have given buy signal but the stock will be down in a couple of trading sessions. Buying opportunities will be around ₹3.25-3.30.
Price - ₹253.75 Dt. - 10-10-2020 Price takes the support of 21DEMA and 50DEMA. price is also moving in a range. It looks like the price will further go down till the trendline or 50DEMA before moving up. If the stock starts falling in the next trading session then to wait till it takes to support and starts moving back. If the stock moves upward and breaks the...
Price - ₹326.55 Dt. - 09-10-2020 In past, the price has taken the support of 21DEMA and we think this time the stock can do the same. After 4 sessions in green, the stock closed in red today making bearish engulfing pattern. RSI is above 70, so chances are stock can fall for a few trading sessions and become attractive stock to buy.
Price - ₹468.05 Dt. - 09-10-2020 The stock has broken the trendline and given the close above that. Price was facing the resistance from the last 4 sessions but today with higher than average volume the price was able to give close above the trendline. Now the price has entered in the triangle and can give breakout in a few sessions. 21DEMA has crossed the 50DEMA...
Price - ₹387.50 Date - 08-10-2020. Today 21DEMA given the close above 50DEMA. Stock can come till ₹380.60 to test the support line. The stock can break the support line and can go near 21DEMA. In past whenever the stock took the support of 21DEMA, it has given return around 5-7%. You can purchase stock around ₹380.
HDFC - CMP - ₹1724 Dt. - 18-09-2020 On a daily chart, you can notice that the stock is moving in the range from June first week. Red lines are marked to show the range. If you noticed the price has so many times touched the below red line and changed its direction and vice versa. But the stock has tried to break the upper red line which is acting as resistance...
In a daily chart, Ambuja Cement is looking very bullish. Historically, the stock takes support on 21DEMA and on last trading session the stock did the same thing and today it gave opening in green. As you can see the price is facing the resistance of the upper trend line. Today stock touches the upper trend line but failed to cross due to lack of buying volume....
Price touched the trend line which indicates that the price is facing the resistance. If the stock breaks the resistance at around ₹395.50 then it can go up to ₹401.50. RSI and CCI are neutral whereas MACD has given a buy signal.
India Bulls Housing – CMP - ₹201.30 Dt. – 09-09-2020 On a daily chart, the stock is stuck between a triangle and on 28th Aug. 2020, the price tried to break the trend line and somehow managed to close above the trend with low volume but failed to hold the very next day and stock fall with higher volume. From last 3 trading session, the stock had given close above...
On daily chart stock is taking support of trend line. Chances are stock will come again to test the trend line and it can be the buy oppertunity.
CUMMINS – CMP - ₹419.10 Dt. – 08-08-2020 On a daily chart, the price is taking the support of trend-line and bounces back. As you can see the price has moved upside after the price touch the trend line on 16th July 2020. Price is above 21DEMA and 50 DEMA. On 7th August the price gave the closing above the resistance level which was placed at ₹416.90. I personally...
ITC is in consolidation form. Between ₹192.40 and ₹201.50. If price breaks level of ₹201.50 then it will face resistance at ₹205.70. If stock decides to break support then it can go up to ₹186.40.