singh17vivek

singh17vivek

Today HDFC Bank will come out with its quarterly results post mkt. The stock is all positioned to rise substantially from here. In my view the mkt will react extremely positively to the results. This also will give phillip to other banking stocks like SBI and ICICI which look very strong and in turn will give a big push to BNF. Choose ur pic for tomorrow coz...

singh17vivek

Fib - 38.2% from a higher zone is strength. Candlestick- a stack of green candles one after the other is telling me bulls have taken charge, MA- the golden crossover happened long back on the weekly charts. Volume- the rally is supported by volume is again strength. Conclusion- I think IT will definitely be the flavor for many months ahead .And this stock is one...

singh17vivek Updated 

the Index has halted at the trendline resistance along with MA resistance. Today being expiry can we witness a big move either ways?? To me the Index has already given reversal signals at 47K. Now a dip to 47400/47300 will be an ideal zone to buy. Lets keep an eye on these ideal zones to buy. We can witness a big rally from here.

singh17vivek

Fib- the short term trend in this counter is extremely bullish. Hence any dip is an opportunity to buy. RSI- RSI taking higher support on hourly chart is very positive positive divergence on the 15 chart is indicating reversal. Conclusion- Buy above 283 on a 15 min close candle. T1 292

singh17vivek

Fibs- shows strength Trendline- Break of the falling trendline is an indication of strength. RSI- above 40 on both time frames is very positive. Conclusion- Its a good buy at CMP with R1 at 2330 R1 2370

singh17vivek

The short term trend is down. On both the time frame charts RSI is in the oversold sold and hence a rally is likely. Above 47380 we will witness a rally to 48K. If we get a rally this zone will be crucial to watch. below 47150 it will become weak.

singh17vivek

There is something happening in pharma space. I recommended man kind yesterday. This stock also looks very bullish. Candlestick- the three green candles in a row are called 3 white soldiers. This is a precursor to a big rally going forward. Fib Analysis- its extremely bullish on the shorter term charts. Conclusion- to me this is a good buy. Tgts are there...

singh17vivek

Fib Analysis- the retracement to 38.2% from a higher zone is an indication of tremendous strength. In my view this is just the start of a big rally in this newly listed counter

singh17vivek

The stock is at a strong resistance at 3010. Above this zone it will be back to the highs.

singh17vivek

Fib- The retracement to 38.2% of the immediate swing is strength. The stock is back to the breakout zone which is the support now. Candlestick - The first candle is the only strong candle post the support at 2517. Rest are very weak candles. Hence I will want to see one more strong candle above 2583 to say the strength still exits. Conclusion- Since there is...

singh17vivek

S&P - there is an early sign of reversal. Trendline- break of the trendline is an early indication of a change in trend. Fib Analysis- we know the Index is at a strong resistance. Hence this rally is an opportunity to sell. RSI - ve divergence is indicating reversal. MA- on the 15 min chart the three MA will merge , hence we know its at a crucial zone....

singh17vivek Updated 

Fib - the recent pull back was a mere 38.2% and indication of strength. IT will breakout above 3737. Buy it on an hourly close above 3737. R1 3920 R2 4100,

singh17vivek

The 21550 is indeed a strong resistance. Hence this correction can become a bit bigger than what we are anticipating. BNF too could not sustain above the crucial zone of 48050. Hence traders should utilize any bounce back early on to exit longs.

singh17vivek

Fib - the dip to 554 was 38.2% of the immediate swing an indication of strength. it broke out above 577. Now either we buy this counter on a dip to 577 or on a close above 586. The first tgt will be 606 and second 638. Conclusion-When the trend is up we need to ride it to the max , coz they have the required momentum in them. So just that it is up 3% doesnt...

singh17vivek

ib - On the weekly chart the stock is at Fib support which is also previous swing low. On the hourly chart the stock has taken Fib confluence as support. Hence its a good place to buy for investors as well as for traders. R1 39250 R2 42K and stop has to be below 47600.

singh17vivek Updated 

missed Asian Paints here is another one. The stock halted at 50% at 1298. This correction was an indication of strength. It broke out above 1329. The consolidation above the breakout zone is offering an opportunity to buy. Look at the volume on the green candle. Its very positive. Hence its a buy at CMP of 1338 we are looking at 1370

singh17vivek Updated 

Infy- Monthly chart- The correction that halted at 61.8% of Fib retracement was a bullish zig zag corrective pattern. These patterns develop when the mkt wants to finish the correction ASAP and move in the direction of the larger trend. RSI- halting in the bull zone of 40-45 at Fib support is another indication of the bull trend is intact. Weekly Chart- The...

singh17vivek Updated 

Fib Analysis- the recent pull back to 215 is just 50% of the immediate swing. This is an indication of strength. Which also means this stock will breakout and make new highs. On the hourly charts the stock broke out above 251.50. Anywhere around the zone its a good buy. we are looking at 260 and 280.