nikhilvenkataraviteja

nikhilvenkataraviteja Updated 

PCR: 0.54 Max Pain at 710 Go Long among All-time high. ( 734) Huge Put writing at 700 which will act as strong support Tech Sector is in good momentum. Nifty IT gave a recent Darvas Breakout. This Analysis only for Educational Purpose

nikhilvenkataraviteja

Company Type: PSU Book Value: 171 P/E Ratio: 4.07 Dividend Yield: 10.31 % Revenue: 62.29k CR. Points to consider: 1. Institutional Investment is growing YOY. 2.MF showing good buying. 3. Promoters have 0 Pledge. 4.PAT has grown at 50%. 5.Rank top 10 in the Finance Sector. 6. Industry P/E is 29.50 which is far better in valuation. 7. Good improvement in cash...

nikhilvenkataraviteja Updated 

Just for a change using a Dark Theme ..... Buy only above the flag pattern (133) 1. Stock is in Bullish flag breakout pattern. 2. We have Max pain also near to the price. (130) 3. Stock is struggling near 0.5 Fibo above that we have a good bullish sign. 4. PCR ratio is less than one which suggests on buy-side. ( 0.31) 5. Have SL as below flag lower price...

nikhilvenkataraviteja Updated 

Strong trendline support Each time it came near trendline it took to support, formed a Dragonfly Doji candle, and then reversal happened. Points to consider 1. Strong trendline support 2. Dragonfly Doji 3. 50 SMA support 4. Price rejection near the trendline. 5. Limited risk Buy Above sustaining of previous day high. Target 1455/1480 Wait for the...

nikhilvenkataraviteja Updated 

SIEMENS is looking very good on charts. Showing Daily and Hourly breakout. 1100 range is being strong support. Fibo 50% is also near 1200 once it breaks 1200 and sustains it will give good movement upside RSI near 60 which shows a good buy sign. Targets- 1245/ 1287/1300/1350/1400. 1200 and 1100 have good OI buildup. This is just an educational view. Trade...

nikhilvenkataraviteja Updated 

Multiple trendline support Breakdown or Breakout possible keep this in radar follow the market sentiment

nikhilvenkataraviteja Updated 

Bank nifty is having strong support at 21000 and around 21900 as resistance. Mark the levels and trade accordingly. Note: You have an RBI news tomorrow so trade with cautious as up and down moment is expected tomorrow.

nikhilvenkataraviteja Updated 

500-510 is acting as a strong resistance zone tried to cross multiple times but failed to cross. Above the resistance, it should show good momentum. If not you can see downfall till the trend line support.

nikhilvenkataraviteja Updated 

Let us keep it simple today. The stock took support from the lower trend line and sustaining for a long time. Go Long above 400 for target 425/430. Have a trendline as stop loss. Trade safe!!

nikhilvenkataraviteja Updated 

Just simple trendlines and volumes 1. Formed bullish engulfing today. 2. Took support from the trendline. 3. Good green volume. 4. OI Buildup Long Buy above 600 only once it breaks the Symmetrical triangle. Stock is respecting the trendlines Trade with caution. Always trail your SL for more profits and capital protection.

nikhilvenkataraviteja Updated 

680-685 is strong resistance, above that, you can see a good momentum. You can go long till 680 and next to a strong resistance zone is there should break it for good momentum. If failed to cross you can see fall till 630 levels of next support.

nikhilvenkataraviteja Updated 

Go long after it breaks the triangle. 1. It is traded in the parallel channel, taking support downside should touch the upper channel. 2. Centerline is around 1400 which should be our target 1. 3. RSI near 60 range. 4. Good green volume to be considered. 5. After a long time, it left 10 SMA. 6. OI is build up fo Long

nikhilvenkataraviteja Updated 

Hey Guys, Go Long only after trend confirmation. Today it gave a triangle breakout Pidilite has formed a symmetrical triangle pattern twice and broke both the patterns. Points to consider. 1. RSI crossed 60 good for going long side. 2. We got a good volume break out today. 3. Strong trend line support. 4. MACD crossover. 5. OI is Built upon the long side. #Trade...

nikhilvenkataraviteja Updated 

Hey Guys, Go Long only after taking support from the trend line. If it breaks you can see a good downfall. PVR is forming a symmetrical triangle pattern and trading in a range from a few days. Points to consider. 1.RSI is 60 perfect for going either side. 2. Volume is getting squeezed from few days. 3. Strong trend line support. 4. MACD is in the Thin range. 5....

nikhilvenkataraviteja Updated 

Go for long above 385 till 395 and if sustain can go up to 425 Go for short if the trend reverse till 340

nikhilvenkataraviteja Updated 

Crucial trendline level. If breakdown will give a good fall up to 5650 , 5440

nikhilvenkataraviteja Updated 

Formed Bullish Engulfing pattern today. The previous gap was acting as resistance. Above 400 should show the price up to 420-425. Follow rules strictly. Showed good momentum today

nikhilvenkataraviteja Updated 

Taken Support from the trendline. Wait for the Confirmation and trend. You can easily watch for 320 levels. Follow the trendline strictly and wait for confirmation.