NIFTY has came near High resistance line and fall to 11279. We can expect NIFTY to fall and touch 10923 level in forth coming week.
By October, we can conclude whether the corporate tax cut is sufficient enough to boost economy or not. Breakout on High resistance line is required to conclude slowdown is over or not and whether NIFTY march towards 12200 level or...
This analysis is done based on technical characteristics of chart and No fundamental points considered.
Vodafone Idea has fallen for quite sometime and it is time for retracement of previous fallen levels. 50% retracement expected from current level
Target 1 marked in the chart. If Vodafone Idea falls post between 23rd Sep and 23rd Nov, 2019 , then trigger the...
Positive trend noticed in NIFTY on short term time frame. NIFTY is expected to be positive till 23rd Sep even after biggest drop today (3rd Sep). The price touched lower line in trend channel and it is perfect price to enter into market.
Keep notice NIFTY progress after 4th Sep, 2019 11:45 AM. The NIFTY should turn positive after 11:45 AM. Incase NIFTY fall...
BANK NIFTY is bullish in short term. Keep the stop loss outside Bullish trend channel.Little Bounce back is expected, but market still look bearish on long term.
Target 1 : 28518
Target date : 6th Sep, 2019
NIFTY show positive sign for next 2 or 3 days. Nifty start this week with little fall then bounce back and reach target 11190.
As there is no positive news, so NIFTY is expected to be between 10778 and 11300. Until Nifty break 11550 level, there is no positive sign for NIFTY in long term
Target 1: 11190
Target date : 5th Sep, 2019.
Generally, I sell my stock...
NIFTY is in retracement of previous big fall , the retracement is not Big positive for market even after Big news out. There is strong resistance at 11100 level. Break out on trend line at 11100 can reverse the trend. keep the stop loss out of trend channel.
Target 1 : 10845
Target 1 date : 29th Aug, 2019
Target 2: 10605
Target 2 date : 3rd Sep, 2019
Dr Reddy Lab Limited is in downtrend in both long and short term; Good Choice to short it. I marked the Price movement in the chart.
Target 1: 2214
Target 1 Date: 24th Sep, 2019
Target 2 : 2465
Target 2 Date : 26th Nov, 2019
Target 3 : 1820
Target 3 Date : 13th Apr, 2020
Tech Mahindra is in retracement of previous Big fall, so short term it is in uptrend and touch upto 713.
I marked the price movement as per target date in above chart.
Target 1 : 689
Target Date : 23rd Aug, 2019
Target 2 : 713
Target Date : 6th Sep, 2019
ITC Limited is always a positive trend stock and the consumer will increase on daily basis, since major people cannot avoid cigarette once they addicted to it.
I did deep dive analysis in ITC and noticed, deep fall in it as per technicals. It was one of challenging analysis in technical in recent times for me, since the analysis is opposite to what it is...
ASIAN Paints is downtrend on short term, but uptrend on Long term. I marked the trend channel with control lines in charts, the prices oscillates within channel.
Cycle 1 - (Short Term Target)
Target 1: 1434
Target 2: 1401
Target Date : 23rd Sep, 2019
Cycle 2 (Long Term Targets)
Target : 1726
Target Date : 18th Jan, 2021.
BANK NIFTY shows strong support at 27800. 27800 level is very strong due to multiple support levels are in the same region. BANK NIFTY expected to move into retracement zone and reach target mentioned below. Price movement marked in charts.
Price will touch 28000 then bounce back to target. The ideal place to buy call is around 28000
Target 1: 28908
NIFTY will slowely recover from big fall, the strong support is at 11830.
I marked the level of nifty expected to reach at marked date during Aug 2019. At this momment, the strong support are at 11830 and also at 11780. If any fall below 11780, then this analysis is void. Incase if nifty breakout 11780 level then it result in Big fall thenafter. I did multi time...
KOTAKBANK is in uptrend and oscillate in uptrend channel. it will move up and touch below targets.
Target 1 - 1565
Target 1 Date - 29th Aug
Target 2- 1723
Target 2 Date - 8th Nov
Watch out for break out line in orange color, if price break this level,then it will retrace and fall to retracement level.
NIFTY is moving into retracement mode after huge fall due to profit booking as per short term analysis (1 hours chart).
Post retracement, NIFTY expected to fall again, I will share those information once below target is reached.
Target 1: 11458
Target 2: 11507
Target Date : 29th Jul, 2019
TATA Motors is downtrend in both long term (Weekly chart) and short term (15 mins chart) as per technical.
Price oscillation expected around 161, but eventually, it will fall to 150
Target 1 : 156.7
Target 1 Date : 30th Jul, 2019
Target 2 : 151.9
Target 2 Date : 8th Aug, 2019
Chart is price vs time, so generally i predict time as well.
Personally, I square...
HDFC is in range bound and touch the top of short term trend channel.
Incase the price break out the channel then this analysis is void. Need to keep Stop loss accordingly
Target 1 : 2220
Target 2 : 2191
Target Date : 26th Jul, 2019 (Chart is price vs time, so generally i predict time as well.
Personally, I square off my trade if the target date is crossed.)
This is my first post. Please write me your feed backs.
NIFTY is in retracement of fall from 5th Jul to 9th Jul post Budget. NIFTY will retrace 31% level to 11665 then follow the bearish trend till 11111, which is double bottom of price reached on 14th May prior to Election result.
NIFTY fall will also close the gap occurred after 17th May closure.