suryawanshirupesh25

suryawanshirupesh25

As you can see in the chart above that bajfinance seems to obey 50 week moving average. Apart from that bajfinance seems to stay around 20 Month moving average. Since there is pessimistic sentiments around this stock, the stock is bound to go down a little bit. But for long term buyers like me who want to add those shares, we should add them around 6400. I think...

suryawanshirupesh25 Updated 

So there is bearish bat pattern in nykaa right now. Investors are selling shares because of valuation concerns and hence the stock has potential downside. Apart from that the trend line also acts as a resistance. Hence would recommend shorting at 2144 and having stop loss at around 2160 if it comes to 2144 and targets of around 1.5 percent of 2144

suryawanshirupesh25

ALL LEVELS MENTIONED IN THE CHART

suryawanshirupesh25

ALL LEVELS MENTIONED IN THE CHART

suryawanshirupesh25

All levels mentioned in the chart. How did I say this?.. ITS by fibonacci levels ,by head and shoulder pattern and by RSI

suryawanshirupesh25

The weekly trend line could support the NIFTY to move up .There is confluence of 50 period moving average and the weekly trend line, stay alert .After looking at dmi it seems that market would continue higher or do a consolidation thus breaking the trend line and thus there would be high chance of market falling down to previous lows