power mech made an expected move in an unexpected way it was so swift.
Advanced Enzyme:272, having a breakout from the falling trend line. Next resistance 315 Stop:258
Gokaldas Exports Ltd:134 We found and opportunity in Gokaldas in early April' this year, and technically the trend line resistance is laying runaround 160. But my expectation was 100 only. onRequest @paresh1c your question about crossing the resistance 142 , with the current out looks and weak, overbought,diverging indicators, is seems to be very difficult. ...
Bosch LTD: 20050 is trading in long symmetrical triangle since it top in FEB 2015, currently the price is at support level and also near 1/4 to the apex of the triangle. this will move toward the resistance 24000. on break of that level BOSH is gong to see new heights.
S.Chand story is about what makes a business grow at an invigorating jump, expand its horizon, build a prestigious brand and stand tall amongst its competitiors, really empowering the minds. Stock is consolidating around 470, trading in a symmetrical triangle. On break above 499 resistance is at 555 & 615. STOP:460 Market Cap.: ₹ 1,677.51 Cr. Current Price: ₹...
Manpasand Beverages Ltd:370 (Soft drinks only, not Alcoholic) Resistance:450 &560 Stop: 358 The numbers looks so transparent. From an 85cr sales in 2012 having a leap to 700cr sales in 2017. The management visionaries is planning to grab a 25 % of an estimated 25000cr market. And the company cop up with its plan well in an orderly manner, opened its 5th unit in...
SQS India BFSI Ltd is consolidating around 500 and showing a positive out look now, Resistance will be at 660 & 850 level. crossing 850 the stock can find new high I was expecting the stock to find a support below 400, but the 489 having a strong support.
BankNifty': 25321 Day Pivot: 25278 Above 25401 today’s Resistances are 25450 25529 25609 25658 Below 25242 today’s Supports are 25193 25113 25034 24984 Weekly Pivot: 25167 Weekly above 25510 BankNifty’ Resist: will be 25627 25817 26006 26123 Weekly below 25132 BankNifty’ Supports will be 25015 24826 24636 24520 Monthly Pivot: 25468 Monthly...
For Mon 20171211 Nifty': 10266 Above 10295 today’s resistances are 10313 10343 10373 10391 Below 10236 today’s Supports are 10218 10188 10159 10140 Weekly Pivot: 10190 Weekly above 10323 Nifty’ Resist: will be 10358 10415 10472 10507 Weekly below 10209 Nifty’ Supports will be 10173 10117 10060 10024 Monthly Pivot: 10270 Monthly above...
GLENMARK:618 is trading near a Bottom trend line support & a 61.8% retracement level of the past Bull run, showing a positive divergence is Daily chart 14 period RSI. Target :1300 in an year. Stop:566 Moreover it is a Fundamental call. Go on ADD it from the current level will be wise idea for a long term perspective.Stop:566 Market Cap.: ₹ 17,429.53 Cr. Book...
Nifty’ about to complete another abc pattern, if a = c , which is approx: 400 points, can find a target near 10015. The last 2 candle were too bearish and looks so scary. But don't worry as we are still in an uptrend. The support marked 10104 is actually a trend changing zone, is protected well so far, matches with the 50% fibo level too. Hence I believe that...
Nifty:10322 at mid heaven, on trading above 10342 Resistances 10354_10374_10394 &10406 Where as on trading Below 10302 today’s Supports are 10290_10270_10250 &10238 Weekly Pivot: 10355 Weekly above 10376 Nifty’ Resist: will be 10410 10465 10520 10553 Weekly below 10267 Nifty’ Supports will be 10233 10179 10124 10090 Monthly Pivot: 10184 Monthly...
BankNifty': 25499 Maintained the said support 25171, can find the resistance 26021 this week. Above 25576 today’s Resistances are 25624 25701 25778 25826 Below 25422 today’s Supports are 25374 25170 o25297 25220 25172 Weekly Pivot: 25438 Weekly above 25698 BankNifty’ Resist: will be 25821 26021 26220 26343 Weekly below 25300 BankNifty’ Supports will...
Kitex:299 is having a Double break out, first from the Bottom support turned resistance (Green line) & secondly from the falling trend line resistance (Blue line). Next target 380 Stop:270
Ujaas' Energy Ltd:21 is trading at long term support line. Initial Res:32 support:20 Monthly Chart shows a long term support zone at20
MCX' trading in a descending triangle. A pitchfork channel and its trigger line is broken two times. Strong resistance at 1139. A break below 1030 MCX' can come down to 900 again. That is the technical view. Now the fundamental says that,only a 100% rise in the profit can change the scenario soon. :D
BankNifty' is trading at a channel resistance with indicators over bought, doesn’t show any weakness, same way MACD also looks very bullish, expecting a target 26366 this week, where as, if the boarder market is bearish due to external reasons BN will have support at 25395. BankNifty': 25651 Day Pivot: 25580 Above 25759 today’s Resistances are...
Nifty' formed a Hanging man at the resistance area, the indicators are over bought but it doesn’t show any kind of weakness. MACD is also looks Bullish. This week I am expecting nifty' to touch minimum 10590. Short term support is 10426, below which 10330 is the breakeven point for a medium term perspective. 10330 is the 38.2% correction of the last swing from...