About meFounder & CEO at Replete Equities, NSE Certified & AMFI Registered Financial Advisor. Having an experience of more than 8 years in Indian Share Market, Technical Analyst, A option writer, Educator, Strategy Builder and a keen follower of Share Market.
BankNifty is giving a decent breakout from an important resistance level of 38845 that is also a 61.8% retracement levels. Which is a very good sign to go long for a target of 40100. Can keep a stoploss below 37500.
After a successful breakout from 37500, BankNifty entered in the bullish territory. Short term trend has changed from bearish to bullish . One should follow buy on dips strategies above 37500. Short term stoploss an be initiated below e6000. Expecting 39700 in the coming sessions.
After a successful breakout from 17500, Nifty entered in the bullish territory. Short term trend has changed from bearish to bullish. One should follow buy on dips strategies above 17500. Short term stoploss an be initiated below 17000. Expecting 18200 & 18300 in the coming sessions.
Nifty is trading it's all-time high, but only large caps participation in this rally till now. We haven't seen any value buying in Midcaps & Small Caps till now.
Yes, Bias is good and shorts not advisable but CAUTION note is there. and the first thing we need to do is we should hedge our long positions. Because We may see a sharp downfall from here. So Buy some...
ITC gave a good breakout, well diversified bussiness, Company is virtually debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 23.78%
Company has been maintaining a healthy dividend payout of 61.44%
In short "A perfect stock for long term portfolio"
GODREJCP is giving a good breakout. A Fundamentally strong company, leading stock in it's sector, good stock for your portfolio. expecting target 1365(20% UPSIDE) in short to medium term.
ACE GAVE A GOOD CLOUD BREAKOUT WITH VOLUMES ABOVE IT'S 50 DAV, MOMENTUM INDICATOR IS POSITIVE AND INDICATING A STRONG MOVEMENT. YOU CAN GO LONG FOR A TARGET OS 208 & 226 IS SHORT TERM.
ROLTA GAVE A GOOD BREAKOUT OUTSIDE ALLIGATOR, VOLUMES CONTINUOUSLY RISING, MOMENTUM INDICATOR INDICATES A STRONG MOMENTUM. WE MAY SE SHARP UPSIDE OF 15-20% FROM HERE. KEEP A STOPLOSS OF 60.50.