BAJFINANCE:1678 (Hourly chart: symmetrical triangle) we are in n a correction now,
showing a support around 1640.
On the other hand if it is forming a flag next support is near 1520.
(see the weekly chart)
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.
@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.
Pokarna :205 seems to be nearing a strong support level. But Indicators are still showing weakness, expect to find a support around 194 level, Is a good stock to have in one’s portfolio, to find a target 260 _320 and more in coming years.
This looks like an H&S, but don’t worry, it doesn’t qualify an head & shoulder, as a...
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...
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: ₹...
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...
Bharat' Bijlee: 981 is moving down to find a support probably around 900
If this turn out to be true, the next resistance will be 1250.
We may have 10 more trading days to have a confirmation.
On the other hand a failure at from this Bump run Trend Line support,
it may find support near 800' But this view is having a low probability.
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...