Tried to explain what you need to go through when using virgin price action and nothing else.
17600-18000 is going to be a broader range for Nifty. Once it moves either side from these levels, we will see sharp movement of 200 points minimum.
CNX Auto is at a very good place at the moment. Look at the Higher lows being formed from September 2020. Once we breakout of the resistance, Auto and Auto Ancillary stocks will have a huge run.
Guj Gas - Looking good above 635 (closing basis) positional. Tgts are open. Long term bet.
SAIL - Breakout Retest completed at 105-115 zone. Monthly trend line break will push it high.
ABFRL - Breakout story will unfold after price close above 235.
Ambika Cotton looks food once it closes above 1750 levels.
Looking at the breakout Tata Power is showing on charts and the EV story in India, Tata power shows a promising growth story. Accumulate on retests. Good till 115-120 levels too (if it comes.)
Tata Metaliks looks a bottomed out candidate with the harmonic and demand zone at the same place
Superb chart consolidation and breakout. Price can go till 115-150-175 short term.
JM Financial - Clear change in Trend now
Bank Nifty has been forming higher highs on daily timeframe. Alongside, Higher lows are being made and are being defended. With the current Higher High giving up to form Higher Low... if we can protect 35000-34800 range and form Higher Low, then BNF is headed towards new Higher Highs @ 37000. However, if we break the Last swing low at 34500, then we are going to...
Britania has given a good breakout from the resistance being protected from 1 year. Post that a shake out helped get the liquidity and now a fresh breakout. This will be confirmed if the price moves above 4000 mark with volumes. Keep a close watch.
DB Reality - BO and 2x Opportunity?
BNF placed at a very sweet spot... Make or Break levels... Either way good risk to reward.
SPIC monthly chart has shown breakout after 20 years.. If sustains we will be seeing good momentum here