rahuljaiswal1580

rahuljaiswal1580

NSE:JUBLFOOD BEARISH SETUP - Breakdown from a long supporting trendline (rising wedge pattern) with decent volumes supporting the bearish momentum. RSI and RS confirms the charge of bears. Thus a good downside move can be seen in next few trading sessions. View: It will bleed more (may be after a short retracement). Since it is showing weakness on relative...

rahuljaiswal1580

NSE:AMBUJACEM Stock has given a good bullish breakout supported by massive volumes and good RSI and relative strength. -> 195 has been a good previous support. When it was breached, after a short correction stock has shown a quick v-shaped recovery and consolidated again at its previous levels and has given a good breakout. Now if has to move up, 195...

rahuljaiswal1580

NSE:MGL BEARISH SETUP - Breakdown from a rising wedge pattern with massive volumes supporting the bearish momentum. Also the distribution phase can be clearly spotted with dried up volumes and a sudden breakdown with huge volumes confirms the charge of bears, thus a good downside move can be seen in next few trading sessions. View: Short on confirmation (once...

rahuljaiswal1580

Clear BEARISH Setup - Breakdown from a 3-month long trading channel supported with decent bearish volumes Stock has been in a good upmove with the great uptrend in the pharma sector, thus a short correction is still pending in the stock on account oif profit booking. Also the lower trendline has been tested multiple times hence became weak which leaves a high...

rahuljaiswal1580

NSE:BRITANNIA Clear Bullish Setup - Cup and Handle Formation Also the resisitance level around 3600 levels has been tested multiple times and hence became weak which leaves a high probability of a good bullish breakout in next few trading sessions. My view: Long (for short term view) on breakout supported by good volumes. PS: Trade with caution or wait for...

rahuljaiswal1580

NSE:BHARTIARTL A clear bullish setup - Breakout with decent volumes + selling pressure of last 8 sessions is absorbed by a single big green bullish candle which clearly signifies bulls are in charge and a decent upside potential can be clearly seen in next few trading sessions. My View: Long for a short term view (only if it sustains current levels) or wait...