Long Opportunity - IRCTC has made ascending triangle pattern and it closed above this level. It means that there is a bullish movement expected. The level of Rs. 809 is the Minor SR, if the first candle closes above this level there will be a strong movement expected. There will be a target of 20 for intraday.
Long Position - Divis Lab is now showing as an uptrend. If this trend continues on Wednesday then it might give the level of Rs. 4455.25 in the next 1-2 days. But we have to be cautious at this level, as Nifty Pharma is not in a recovery zone. But there is a Minor SR at the level of Rs. 4236.45, In case markets open gap up then we can initiate a trade in the...
Long/Short Opportunity - Jubilant food is creating a mystery because on the day & 1-hour timeframe chart it is showing a downtrend & on the 15M timeframe chart, it is showing starting of the uptrend. The CPR is narrow and on the upside, which means there is a bullish move is expected, but the CCI is neutral so we have to wait for the confirmation for the move. If...
Long Opportunity - IRCTC - Indian Railway Catering Tour Corp Ltd. is in the trend reversal mode. It closed above the strong support level of Rs. 781.10. The CPR & CCI is indicating there is a bullish move expected on Monday. If the first candle of this stock is close above this trend line then we can go for long.
Long Opportunity - TATA MOTORS has made the flag pattern on the daily timeframe chart & it has the strong support of Rs. 456.80. On 25th Feb the candle closed above this support zone, so it is expected to go up. In 15 min timeframe, today's candles took the support of 0.382 levels of fib retracement & then go up. the 0.382 level is the same as the support level...
Short Opportunity - IRCTC - Indian Railway Catering Tour Corp Ltd. was in a sideways zone on the daily timeframe. But on 24th Feb it has broken support of Rs. 774.45 and gave a big move on the downside. As per the daily chart timeframe the candle closed below this level, so it is expected to go down. The CCI, MA & VWAP is clearly showing a downtrend in IRCTC. We...
Short Opportunity - There is a lot of influence of an international market on the Indian stock market. So, it is expected to go down. As you can see the stock moved down by 7% in a single day. It had the strong support of Rs. 457.30 since November 2021. On day timeframe there is peanut formed, but TATA MOTORS crossed this pattern from downside, which was the...
Long Opportunity - Indusind Bank is now in the sideways zone, MA is also confirming this zone. This stock has also filled the gap of 21 Feb. The CPR is narrow and at the upper side which indicates that there will be bullish movement expected. But we have to wait till the CCI turns to the plus level and MA headed to the upper side. This stock will retest to the...
*Long Opportunity* - IRCTC has made a bullish peanut pattern, which indicates that there will be a bullish move expected. The MA is headed to the upside, which confirms the uptrend. If the first candle of this stock closes above this pattern then we can go for long.
Short Opportunity - Tata Elxsi has formed Inverted Cup & Handle pattern, which indicates the bearish movement will come soon. The neckline of this pattern of Rs. 6550.40 is strong support for the previous days. The CPR is narrow and at the downside, which means a strong bearish movement is expected. The CCI is near the -100 level and MA is headed to the downside....
Long Opportunity - Tata Motors has formed a *W* pattern on the trend line, and the neckline of this pattern is completed on a level of Rs. 480.95 which is the resistance according to the level of 0.618 of the fib retracement tool. If this stock of any candle closes above this level, then we can expect a bullish move. The CCI is near 0 levels, we have to wait till...
Short Opportunity - Indusind Bank is forming a double top pattern, but this pattern is not yet completed. If this stock crossed the support of Rs. 929.70 then we have to wait till it retests. We can enter at the same support level. The CPR is narrow, which indicates big movement and the CCI is at the downside which indicates bearish movement.
Short Opportunity- Pidilite Industries has formed Inverted Cup & Handle pattern, which indicates that there will be bearish movement expected. This stock retest at neckline Rs. 2384.00, if this stock first candle closes below Rs. 2384.00 level then we can enter this stock. The CPR is narrow and at the downside. Also, MA is headed to the downside. The CCI is near...
Long/Short Opportunity - IRCTC has strong support on Rs. 781.55 & stock has sustained to this level till now. Also, there is resistance at Rs. 793.83. The MA is showing a sideways zone. There are high chances that this stock will cross-resistance and give bullish movement because the CCI is indicating a bullish move. And if we observe it very closely there is a...
Short Opportunity - Pidilite has made the head and shoulder pattern, but the pattern is yet to complete. It has strong support on rs. 2423.70. If this stock crossed this level and retests it, there will be a strong bullish movement we can expect. The CPR is narrow and at the downside and CCI is near -100 level, so both indicators are indicating a downtrend. But be...
Short Opportunity - Bajaj finserv is in the bearish trend and has taken support at 0.618 level of fib retracement it means that if this stock candle closes below this level it will continue the bearish trend and is expected to go down. The CPR is narrow and at the downside & CCI has crossed 0 level and head to the downside which also indicates the downtrend.
Short Opportunity - Bajaj finserv is planning for the third wave. There were two waves formed, according to this history there is the third wave is expected. The CCI is trading near the -100 level and CPR is narrow and at the downside, so the ball is in the bearish court. We can go for short trade if the MA is headed to the downside.
Short Opportunity - Asian paint has formed descending triangle, which indicates that there fill be downside movement is expecting. Once the MA is headed down and if the candle closes below the 3236.05 level this will be a good bearish trade. The CCI is near 0 we have to wait till it turns minus. The CPR is narrow and at the downside, which also gives a green...