DHFL gapped up above a good resistance and closed today above the levels. Good RR trade . Entry levels are mentioned in the charts .
BATA has closed strongly above the resistance zone on daily . Can go long after a pullback to the support levels . Good long opportunity as long as 1010 level doesnt break .
Yes Bank has broken out of a crucial support level on weekly and closed below the support line . With a Strong bearish momentum , Yes Bank can be sold after a pullback back to the support level . Expected to go down to test 125-140 levels .
Divis Lab is weak after forming a double top after a great rally . On hourly , it has formed an inside bar on weak support level . Can go short below the low of the bar . Levels are mentioned in the charts .
PVR has formed an inside bar on 4h timeframe . On daily chart , it has crossed a crucial resistance level . Levels are mentioned in charts .
ITC has broken a crucial support level on daily timeframe . Also a bearish momentum on hourly . Can short at CMP for targets mentioned on charts . Also Aroon showing great signs of a sharp downtrend .
VGUARD has broken out of an ascending triangle on hourly. On daily timeframe , stock looks bullish and has closed above a strong resistance. Also with bullish MACD on hourly.
Tech Mahindra has closed below a crucial long time support level and also closed below 50 SMA . Creating lower highs and One can go short accordingly after a pullback . Expecting levels of 685 / 655 now.
Kajaria Ceramics has been moving in a strong trendline for a long time . Can go long once it takes support on the trendline for the target of next resistance zone . Levels are mentioned in the charts .
Dr Reddy has broken out of a rectangle in hourly . Also bullish MACD and other signs . Levels are mentioned in the charts .
Here i have plotted 5 year scenarios of Nifty performances after every election from April 1999. Nifty has approximately doubled in every five years since 1999 . If past performance is expected , Nifty should be around 12,750 by the time next election comes which is less than 6 months from now . Posting this just for educational purposes , lets see what the...
Bank Nifty has broken out of a strong resistance zone of 25,800 - 25,900 on daily timframe . On hourly timeframe , it has formed an inside bar on support level . Levels are mentioned on charts . Can go long once high of hourly candle breaks .
INDIA CEMENTS has broken out of a strong resistance level . Levels are mentioned in charts .
SRF has completed a text book cup and handle formation on daily timeframe . 2060 - 2080 is a long term support / resistance zone . Expecting a breakout or a reversal from these levels .
Bajaj Fin Serv has broken out of a key level in daily timeframe . On hourly , it has formed an engulfing pattern . Can go long at current price. Levels mentioned in charts .
SIEMENS has broken out of trendline on hourly charts . Has also formed bullish engulfing on daily support level . Levels are mentioned on charts .
DIVIS LAB is testing new heights recently . Has broken out of a triangle in hourly . Levels are mentioned in charts .
Shree Cements broke out of trendline on hourly . Has also formed a pin bar at support level on daily timeframe . Levels mentioned on charts .