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ssshaktawat Updated 

Punjab National Bank looks good to go long above 69 and blue trend line. As this will be multiyear breakout. SL 56-58

ssshaktawat Updated 

For study purpose only. My observations on the chart.

ssshaktawat Updated 

Tata Motors trading at February 2022 horizontal resistance line. Good volume seen for the last few days. A close above this line can see 270 and above that 297-300. SL 230.

ssshaktawat Updated 

SBI looks good to go long, if it sustains above 630 ( blue horizontal resistance line ). The immediate resistance is the green TL. SL 555

ssshaktawat Updated 

Seimens India looks good for long. Trading near ATH with good volumes. RSI trending. A close above 2925 ( horizontal resistance ) may give a good uptrend move SL 2801 to 2820 .

ssshaktawat Updated 

A close above 1250-12500 can give a move of about 100 points. It's trading near 2015 high and consolidating in a range. SL can be the orange TL.

ssshaktawat Updated 

Giving break out above the horizontal TL ( above 263 ). If sustains it can give 7-8 % returns. Above 285 it can move upto 320-325. Breaking out of flag.

ssshaktawat Updated 

Main points mentioned on the chart. For learning purpose. A close and sustaining above 43 can bring a move up to 49 first. SL at support level. Investment only.

ssshaktawat Updated 

GMR Infra is at an important resistance line which is a 13 year strong resistance. A strong weekly and monthly candle indicate that it may cross the horizontal resistance line. After that next resistance is 55. Looks good for going long if closes above the resistance line with volume. SL 40-41.

ssshaktawat Updated 

DLF has broken out of 14 years long horizontal trend line and retested the level. Its good to go long with a SL of 480-483 on DCB. First target is 579 ( after closing above 544)

ssshaktawat Updated 

Waiting for it to close and sustain above the 2014 horizontal resistance line. Trading around the trend line with good volume ( last 3-4 days volume). First target is 65. SL 47. For learning purpose.

ssshaktawat Updated 

Nifty PSU Bank has crossed above 12 year strong horizontal resistance line and given a strong weekly closing. BOB,BOI,PNB,Union Bank of India , SBI and Canara Bank all are doing good. Above the blue trend line it may boom to new highs.

ssshaktawat Updated 

Canara Bank is poised for an upward journey towards 400 and above provided it gives a weekly close above 348-350. Good consolidation is going on near the resistance since November 2022 Following it's journey patiently. SL 288-289.

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The scrip is looking good to go long if it closes and sustains above the violet TL. It has touched this resistance line 5 times since April 2022. Average volume is more than the last 30 days average volume. First target is 2684. SL 2057 for investment.

ssshaktawat Updated 

Nifty PSU Bank is hovering around the orange horizontal TL which is 5 years strong TL. RSI is also overbought and therefore a precaution is must. A short term profit booking in the PSU bank stock cane be seen. Above the orange TL we can see a gain of 300-400 points.

ssshaktawat Updated 

NIFTY PSE at important junction. AT 4327 it's 12 years' horizontal TL resistance and at 4455 it's 5 years' horizontal TL resistance. A close above 4456 will confirm Cup and Handle formation. If it closes and sustains above 4455 the the PSE sector will be in an unchartered territory. Main hurdle is violet horizontal TL.

ssshaktawat Updated 

A daily close above 109.65 can give a move up to 126 i,e around 13-15 % move. Good volume seen for the last two days. Trading SL 103 Investment SL 94

ssshaktawat Updated 

Jindal steel chart is showing a bullish engulfing candle. The candle has crossed the 100 DEMA with good volume. RSI too is trending at 68. A closing above 408 can give an upward move of about 10%.