piyushrawtani

piyushrawtani

Nifty another rising wedge breakout with good follow through today confirming the breakout. Low probity event where both bulls and bears are trapped out due to a rising wedge upside breakout . Approximate target would be the height of the rising wedge pattern which takes us to 27,000 - 27,200 levels.

piyushrawtani

AXISBANK looks to resume the uptrend to new highs as this week was overwhelmed by strong buying by forming an engulfing candle on weekly . Looks good buying opportunity with SL with this week's low Cheers

06:46

piyushrawtani

Nifty , as discussed , reached the all time highs of 25,000 . Will the bull market continue ? or the market might crash after this euphoria buying! Do follow for more! Cheers

piyushrawtani

AXIS BANK looks good long opportunity to buy at dips, with bank nifty looking strong.Axis Bank looks good buy at current market price as price looks to take support at breakout point , trendline and weekly EMA. Good opportunity as long as price stays above 1,100 Cheers

piyushrawtani

SUNPHARMA after a good consolidation looks for a trend resumption up after spending good time near moving average on the weekly. Expect price to up once it breaches 1540 to test the highs once again and move further up to create new ATHs

piyushrawtani

DRREDDY looks good enough buy for few months for 7500 levels as price looks to go up after creating a h&s bottom . Cheers

piyushrawtani

Expect NIFTY to test 25,000 levels in coming few weeks . NIFTY on weekly gave a rising wedge upside breakout which is a low probability event . Low probability events lead to trapped buyers/sellers on both sides. Price usually reached the approximate height of the pattern where both will enter/exit new positions. Cheers @piyushrawtani

piyushrawtani

BANKNIFTY in formation of a rising wedge on weekly charts.But still looking strong after getting support at the bottom of the trendling. BANKNIFTY looking solid for coming few weeks . Before election can be pushed to 50,000 levels which is near the upper trendline.

05:10

piyushrawtani

This week sell off was triggered by SEBI chairman's statement about a bubble in small caps and midcap . In this video , i discuss about the possible outlook for small caps and midcaps and should you stay invested ? Cheers

04:04

piyushrawtani

With nifty creating new highs every week, banking stocks might see good upmoves in the coming few weeks. In this video , I discuss few banking stocks setups which look to resume their uptrend . Cheers!

piyushrawtani

BANKNIFTY looks to resume the rally to the highs of 48,500 once again after creating a textbook double bottom pattern which broke out from the neckline and consolidated at those levels. Expect higher prices in the coming days . Cheers

piyushrawtani

BANKNIFTY is currently moving in a big 3,000 point range from 43,400 - 46,400 with 1,000 points support resistance zones and currently finding support at 45,400 area . Longer term outlook remains bullish and might test 46,400 in coming days . Cheers!

piyushrawtani

NIFTY has been creating new all time highs multiple times this week . Now moving in a parallel channel creating higher lows and higher highs . 19350 for the downside becomes a crucial swing level with price expected to make highs once again after some correction to the lower trendline. Cheers !

piyushrawtani

TATASTEEL has been consolidating in a triangle and ready for a move towards the upside . Good investment bet for few weeks with SL 99.95 and target for 140-142 levels. Cheers!

piyushrawtani

Banknifty after forming an ATH has formed an evening doji at the highs which is at the trendline on the weekly charts . A move below todays low of 45,000 might trigger some sharp pullback after a decent rally. Follow @piyushrawtani for more

02:31

piyushrawtani

Banknifty is expected to test higher prices in the coming few days . After a long consolidation and breaking out from the resistance area of 44,400 . Follow @piyushrawtani for more! =)

piyushrawtani

BANKNIFTY 44,100 becomes a crucial swing high for coming days as after multiple attempts , price is failing to cross this level . Expecting price to test the support level once again before any attempts to go up. Follow @piyushrawtani for more ! Cheers!

03:26

piyushrawtani

Nifty is holding support at a crucial level of 18,650 . Follow @piyushrawtani for daily updates! Cheers