premanandg

premanandg

"History repeats itself" HAL is currently on various support levels, it should be getting good support around 3477-3520 levels, thats where the stock zoomed last year, if we follow the last year movement we should getting some clue that this area where mostly the stock trend heavily, most of the investors should have investing into this stock, hence the stock has...

premanandg

ITC chart is created with August 2024 data, "History repeats itself", using that data we are predicting the market can go higher considering the quarterly results above to deliver. It has all possibility of crossing 500, If i am a long time or short time trader will try to get some shares to my kitty as there were no discourage from the budget on cigarettes,...

premanandg

MCX showing some good support between 5400 and 5200; as per the earlier phase the MCX got a massive breakout at this area and moved swiftly, we can expect the same but the market condition is the key, and it can sustain for a while before getting into a beast mode. All the above conditions are valid only till the stock is not breaking 5217. It will turn bearish...

premanandg

Tatamotors have seen major fall in last three months and it is currently trading at a very strong support levels, the chart should explain clearly where it is heading towards. The breakout of this stock is seen above 807 which can be seen near the earning schedule. If the stock results performs well the stock can be trading at 860 in the January month. Do you...

premanandg

Banknifty is currently at nearing the support levels - as long as the low zone is not broken, you can initiate the trade on the long side, breaking the zone triggering for the sell side. The orange zone acts like strong support - it will be very hard to break the zone. unless you find a strong volume entering into the market to set the direction on the sell...

premanandg

On a daily basis - the nifty is entering into a consolidation zone, but breaking the consolidation zone it can go either ways. The targets are the Support/Resistance. This should help you to understand the market structure for coming days.. The breakout of nifty can happen in February 2025, dont expect a big breakout in the month of January 2025.

premanandg

Drawn the price action pattern for everyone to understand the levels for banknifty and how it works for monday. Keep this levels for reference and trade accordingly.

premanandg

As per the current market trend, nifty is on selling, it can further go down on monday. Please follow the levels and have it as reference.

premanandg

The static support and resistance area is marked for everyone to understand the levels of nifty for taking the trades. these lines are marked for identifying the institutional players presence and to take the right trade.

premanandg

Timken seen positive in moving upward, but the rays is currently stopping the movement, once the lower levels are supported, this stock will try to move up and up.

premanandg

TCS looks hot when it crosses the rays and moves up, until then the downtrend should continue, though I am bullish in this script - I will try to accumulate at the lower support areas - Resistance highlighted above the closing price acts stiff resistance, only breaking that it will starts the upward journey.

premanandg

PowerIndia (Hitachi Energy) - looks promising and making higher high on a daily basis - we can see very good target in Powerindia - but i am expecting 3214 in couple of days may be on 3 trading days.

premanandg

Shankara building looks positive and go long in this script for a massive gain in coming month, but hurdles are at around 709, 796, 883.. once these levels crossed - it reached 3 figures and moves on..

premanandg

Cummins India seems to be in sideways - but after breaking the levels, this script should be reaching 980 and above. Rays has to allow the scripts to move higher, until then sideways.

premanandg

L_TFH is still in downtrend, for any upward movement it has to cross the ray-channel and hit the levels provided at the top. As of now there is no confirmation of upward movement.

premanandg

Hindalco seems to heading higher and most probably going to hit 580 and above, Initiate long position in Hindalco for a beautiful bull run.

premanandg

Please watchout for the levels provided for VEDL, the rays acts like support at the lower point and resistance at higher point of contact, but positive enough for going long in this script.

premanandg

Banknifty prediction tomorrow - Hopefully banknifty will cross high tomorrow.. but watchout for my levels shared in Tradingview, it will acts like resistance for sure! don't get carried away on breakouts..