My View on - JMFINANCIL Close is above 20 SMA on Daily, Weekly, and Monthly time frames Also, RSI is on rise. Daily RSI > Weekly RSI > Monthly RSI High on momentum. Currently trading above Weekly and monthly Pivot levels. The stock crossed 5 Year high and closed above. Next Close above 135 will take to 149 and if overall market levels are maintained -...
HINDUNILVR. The chart is in a Weekly time frame. On Daily, Weekly, and Monthly time frames - close is above all the indicators. Above Weekly and MOnthly Pivots High on momentum. Also *Close Crossing 36 Months High* Daily RSI > Weekly RSI > Monthly RSI Add to watchlist
My view on MARICO : Working in categories of hair care, skin care, edible oils, immunity boosting and healthy foods, male grooming, and fabric care with a turnover of more than Billion $. From the stock movement perspective : On Daily time frame: Close crossed Weekly and Monthly Pivots Upside. Close is trading above Daily, Weekly, and Monthly 20 SMA Also...
My View on SAKSOFT : +ve points : Trend Ch + Today Crossing 4 week High Today 50 SMA crossed 200 SMA on daily time frame - Golded Cr SMA 20 : Close is above Daily, Weekly and Monthly time frames SMA 20 Average Monthly, Weekly and Daily RSI is > 60. And Daily RSI crossed 2Days Back If the market maintains current levels - we should see 350 and 403 levels quickly.
VIP Industries : - Crossing and closing above long-term trend line on a daily basis. Currently trading above Weekly and Monthly Pivots. The current close is above 4 weeks High. Daily RSI > Weekly RSI > Monthly RSI Close is above 20 Day SMA on Daily and Weekly time frames. The next expected target is 572 & if the market sustains above 25000, we should see a...
IBULHSGFIN -- Lookis promoting BO from the Wedge formation - starting from 2019 - in a Weekly time frame. Chat is self-explanatory, and targets will be 280, 320 and beyond once Breakout happens. In case if current market momentum helps this to BO, let's get this. Add to watchlist
WIPRO - After months of downtrend and consolidation, forming an inverted Head and Shoulder pattern. Any breakout on this will give good returns - first 440 -490-550 levels. CNXIT is also on the rise, this should help in gaining some momentum. Add to watchlist, for further study.
GRANULES -- All indicators are green, trading above all moving averages. Reaching 439.5 - which is double top on the Weekly time frame. If buyers step in to keep up the momentum, we should see 478 before any trend reversal. This is a 1.68 level and expects some retracement as per Elliott's wave theory. Add to watchlist - wait for confirmation Currently,...
IRCTC - after 2 years of going South direction now Looks like moving towards the North. Overall stock is trading above all moving averages on D/W/M time frames. Every indicator is on Green. But wait for 920-925 level to take out before taking the next entry. Missed 775 to 917 drives within two trading sessions ... but this is clearly indicated before. Look...
BATAINDIA - Expected to Move beyond 1750 during Aug time frame, but continuously taking resistance from Weekly Gann trend line in past 22 weeks. Currently trading above most of the moving averages on D/W/M time frames and taking support from 1650 levels. If aggressive, We can take an entry above 1675 and if sustains above the trendline, we can add more. Net...
BAJAJFINSV -- On raise From a long-term investment point of view - RSI is rising on Weekly and Monthly. Also stock is trading above most of the moving averages on D/W/M time frames. As we can see on the Weekly time frame - forming a triangle pattern and waiting for 1741 level to take out and sustain before entry. We can back to Back for two weeks - 1741 is...
ASIANPAINT : Stock is on an uptrend from the past couple of weeks and trading above most of the moving averages on Daily, Weekly, and Monthly time frames. However, looking at the chart pattern - we see from 2021 Feb - it's forming a triangle pattern - and a breakout on either side should give a good opportunity to trade. Considering the market trend overall --...
On Weekly Time Frame : We can clearly see - the stock is trading above most of the moving averages - and moving towards an uptrend. Also, we can see that Buy pressure is above the Sell pressure On Daily Time Frame : Add to watchlist -- we may see a good upside to 80+ levels in a short period.
SUNPHARMA Clear Breakout of level 1200 - set on 06-Apr-2015 Considering the current momentum and market condition - we should be able to see further up move - if the current breakout sustains. Stock is trading above all indicators and moving averages. Add to watchlist --
As we discussed previously stock raised from 249 to 299 in 2 weeks. Now facing 61.8% resistance. Wait for this level to take out - the immediate next level will be 338 and then will march towards 380 levels.
DIXON is on a strong Uptrend for some time. However - we see around 6250 - Double top formation. Today with 5% raise to the upside - testing this level. If the move is not sustained, we can see some correction at this level. Watchout 6250 PE or 6300 PE levels. Add to watchlist ....
TATAPOWER - The chart is in Weekly Time Frame. Based on today's close - 298.6 is close to the top during Apr 2022. We can see two patterns. One - Double Top Two - Raising wedge. However stock has been on a strong uptrend from the past couple of weeks. Its above all indicators and Moving averages on Daily, Weekly and Monthly time frames. Add to watch list -...
This is my study and not any kind of trade recommendation. Undoubtedly BNF is positive, above all moving averages. As per indicators - it is clear buy - looking at the trend from the past few weeks and especially the speed it reached current levels after recent Election results. Trendline on Weekly time frame - OCT-2022 top to now, we see - there is some...