rajansikhwala

rajansikhwala

bounced from 200DMA and building up near trendline.stop below 169 on closing basis for targets of new 52W high.

rajansikhwala

ECLERX has a good support zone and bounced from same zone four times .Big volume spikes signifies accumulation .For initial Entry watch pullback and reaction around 200 DMA and then trail with Supertrend.

rajansikhwala

BAJAJ HOLDINGS is up 2.83 for the day while indices are down for the day .Also bouncing from rising 200DMA. Initial target 7000 with Sl below 200DMA. Keep eyes on upcoming report.

rajansikhwala

Cera taking support on 21-EMA and 50-sma .Keep SL of 5260 with first target of 6000.

rajansikhwala

RAMKY providing potential VCP setup with proper tight buy point.

rajansikhwala

HBLPOWER has formed a nice base with VCP characteristics .It has shown good Relative Strength when market was correcting. It is providing very tight pivot with reducing volume. Entry can be made above horizontally drawn pivot with initial SL at 60 Levels

rajansikhwala

MFSL bouncing off from its support zone. Long above 990 with SL below 950 with target swing high .

rajansikhwala Updated 

GPPL has broken its downward trend line .Looks good for the initial target of 120 with a SL below 99 on daily closing basis.

rajansikhwala Updated 

CNXPHARMA looks good from here .View negation levels below 14300 on daily closing basis

rajansikhwala Updated 

Nifty Auto is showing demand in support zone .In short term it may go up to Resistance levels again.

rajansikhwala Updated 

Bluestar broke its descending triangle pattern .looks good with stop below 800 on DCB.

rajansikhwala Updated 

STOCK IS TRADING NEAR ALL TIME HIGH AND CONSOLIDATING IN NARROW RANGE AT RESISTANCE LEVELS .UPMOVE CAN BE SEEN ONCE IT GIVES A GOOD CLOSE ABOVE 2760 LEVELS.

rajansikhwala Updated 

Aarti Industries has broke its range of almost two months with good volume .It might move up from here .keep Sl of 880 .

rajansikhwala Updated 

Stock brokeout after very nice range compression and is at all time highs .Go long with stop below 2800 levels on DCB .

rajansikhwala Updated 

Keep a stop below 515 on DCB with a Target of 600.

rajansikhwala Updated 

Bajaj holdings is breaking into new highs . Looks good for short term with initial Stop below upper blue trendline.

rajansikhwala Updated 

Granules India is trading in lower-highs Structure. Even stock has not participated in recent upward move in overall Market. My first Targets would be 305-308 levels .After that if stock starts trading below 290 levels then it can touch 190 levels. My Initial Stop would be 350 on DCB.

rajansikhwala Updated 

Muthootfin CMP 1251, is at ideal pullback entry point with respect to risk reward perspective even though there is resistence area around 1280-1300 levels .First possible target 1400 with SL of 1205 on daily closing basis.