INDEX IS TRADING ABOVE 20 EMA successfully THE IMPORTANT RANGE IN MARKED in green
The counter looks set for a strong move and most likely to see 600 odd areas with ups and downs in between
#bajaj finserv chart explained 1) The counter was trading in an uptrend 2)It witnessed a strong gap up opening on 4 july 2023 3) The Gap up was above the previous strong resistance zone as indicated by arrows 4)The retracement after strong move already done 5)5_ today it witnessed a strong upmove along with long build up with 3% rise in OI 6) current month...
the counter is trading with a strong upmove and continuation likely in days to come
the counter which was hammered by heidenburg reports!! i expect it to touch a 15% upmove area multiple reasons beyond technicals one is to maintain market cap of the group being one of the nifty stocks in adani folio other stock may show underperformance but such counter with real value are someone who should perform ! i like a quote that could be useful...
the banking index looks set to show further higher zones with ups and downs dont feel it is difficult for it to kiss 50 k mark in months to come
Nifty shown a massive move and now entered in an overbought zone however this cannot be said or argued as a sign of short sell the overall trend is strong buy on dip on downside best levels to enter in pasrts comes at 19100 and 18700
Nifty the benchmark is currently placed at 38.2% retracement along with 20 ema on the weekly chart! The 17500-17550 zone has multiple moving average clusters . the trend is still strongly in favor of bulls the index is placed at trendline support too. the major concern: the open = high candle formed due to poor infy results is a pain point. talking...
turmeric chart suggest ba ck to back monthly gains ideally the trend could continue with retracements in between it is following an upward sloping trendline on higher frame the trendline its following comes straight from 2007 thus suggest a strong validity of the same
Circle areas represent trendline support strong reliable breakout in spx 500 it suggest US market to blast big from here and no surprise we can see all time high in month to come the weekly breakout suggest continuation
TAJ GVK SET for a multiyear monthly breakout target comes upto 340-350 stop comes below 315
voltas strong bearish chart Voltas Limited is a leading Indian multinational company specializing in air conditioning and cooling technology.
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THE counter shown what actually an upmove is !!!!!!! beautiful chart 'amazing uptrend