sckeshari344

sckeshari344

HCL has very positive momentum RSI above ~50 Forming a cup pattern, entry can be made between 1200-1222 level Breakout already done, Re-test can be expected on support level 1200 which was pervious resistance. Targets are mentioned in the chart and chart is self explanatory. Great chart setup. Disclaimer: This is for educational purpose, pls invest as per your...

sckeshari344

Bank nifty though is very weak, but there is one last possibility of it to rise in short term from its important support. On daily chart, it can be seen in process of formation of head and shoulder pattern. 1 head and shoulder completed, Monday will determine its next move, if neckline/support is broken, then we may see 500-1000 points fall. if it reverts from...

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TTML after consolidation after 4th wave has started for 5th wave. RSI @ 67 and has positive momentum. Volume increasing MACD is turning upward. Be cautions when 5th wave completes which will be indicated by upper trendline. Pls note: This is just for learning purpose and I am not recommending to invest. Pls invest at your own understanding and learning.

sckeshari344

IEX currently at support by 20 ema. If broken, next support will come at 50 ema. Expecting a bounce from any of these levels. lets wait and watch. Disclaimer: This is a educational chart. pls invest after doing your own research.

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Cubex tubling at symmetric triangle breakout level. Can it break out ? Volume is increasing and RSI is also showing some momentum. Company is consistently making profits in its business. Keep a watch on it. Disclaimer: This is educational chart. Pls invest after doing your own research.

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Rattan India has been in consolidation since july'21. All EMA's are supporting price action to move up. Good set up for long. If it breaks 71 level, then we may see Rattan India further going up. Disclaimer: I am not a sebi registered analyst. This is an educational chart and not any kind of recommendation.

sckeshari344

Master Trust has great chart setup Breakout going to happen after 13 year. It is range bound since 2007. 20, 50 and 100 EMA's supporting price action. RSI is ~70 indicating good momentum and is justified by MACD. Entry: Once a green candle closes above breakout trendline. Consider it as buying opportunity. Disclaimer: This is an educational chart and not a...

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Apollo pipes in consolidation mode and it is preparing for another big move. Keep it in radar. Chart is self explanatory. Price action is in range. RSI is >50% Disclaimer: This is an education chart and not a recommendation. Please invest as per your risk and reward appetite.

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Mayur Uniquoter - seems to be breaking out of range since 2014. Great buying opportunity. RSI and MACD showing positive momentum on Daily and weekly timeframe. DarvaX box strategy to be followed. If daily candle closes above the upper trendline, buy opportunity can be made. Future targets could be multi fold. Disclaimer: This is for educational purpose and not...

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Indiabull housing finance has a very positive momentum. RSI is very positive momentum and in parallel channel. Price action is also positive and from lower channel, it reversed and moving higher. Target: 338-340 After breaking this channel, higher targets are expected. Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your...

sckeshari344

Nifty is at important support. Can reverse from here to test 17500 levels. Could be 5th wave if goes upward. Lets wait and watch.

sckeshari344

Tata steel is range bound. Near term target is 15% around 1300. If it breaks the trendline then future targets: T2: 1380 T3: 1488 T4: 1533 RSI and MACD are gaining momentum. Very favorable risk : reward setup. Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.

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Sail is currently operating in a channel. Reversed from lower trendline. Support of 20,50 and 100 EMA on hourly timeframe. RSI is slowly gaining momentum. Flag pattern on Weekly timeframe. Target: 126 (~20%) Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.

sckeshari344

Jai corp has given breakout on its trendline. It has good support of all EMA's Target 1 = 141 Target 21 = 171 RSI above 50 and MACD is also having positive momentum.

sckeshari344

PNB a straightforward buy as it has formed a doji on weekly timeframe and just reversed from multi-year support. PNB as a bank is continuously improving, as financials are improving. ~20-30% in 2-3 months period can be achieved. Target: 48-49 in 2-3 months time period Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your...

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Biocon has been in corrected since Dec'20 and now its time to start accumulating it. As it looks like correction has completed. Target 1 = 426 Target 2 = 488 RSI is ~50 and we can see positive momentum coming in soon. RSI = 70 could also be taken as target bcoz since long time, we have not seen RSI >70 and stock reverse back after this point. 20 and 50 EMA's are...

sckeshari344

Mahindra and Mahindra Financial is not strong enough. Can be good for short term gain of 10-15 points but on weekly timeframe, it looks weak with no significant volume. RSI is below 50. Every if someone wants to take trade, wait for RSI to go above 50. Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor...

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Bitcoin operating in range since long. It has touched it bottom trendline and reverted. Bullish candle indicating buying coming in. Keep a watch.