techno_funda_guy

techno_funda_guy

Zomato broke support along with weak earnings and very high price to earnings ratio at 349 very weak fundamentals can go below 200 think so current market cap at 2,30,000 cr i dont think that is justified!! Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes

techno_funda_guy

cipla took 5 times support at 1440, two time at 1330 formed a head and shoulder but failed , made fake out but a dark cloud cover was formed at 1690-1700 now breaking below and closing below 1440 can go to 1330 Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes

techno_funda_guy

Made double top at 209 broke trendline , broke 200 dma, bearish triangle breakout and retest or pullback to 200 dma is shorting opportunity closing above 200 dma can be taken as SL however rsi is little over sold ,short term might have pull back so pefer lower time frames to trade , usually triangle broader length would be target Disclaimer- Just my view...

techno_funda_guy

canfinhomes took 5 times support at 700 zone now broken before breaking formed a triangle retested around 860 now can go to 600 strongly bearish also below 200 dma, a strong down trend in between pullbacks might happen but is still sell on rise Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes

techno_funda_guy

canarabank bounced two times at 92 around ,more times the support is tested it will be broken however we can see it did made lower highs and is below 200 dma i think this time it will continue to be bearish every time on closing basis did not close below support we can see in past two points but this time closed almost at days low strongly bearish Disclaimer-...

techno_funda_guy

you can see already below 200 dma, if broke below 530 first support and first tgt would be 60 points lower 470 second 390-410 Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes

techno_funda_guy Updated 

This post is regarding Real estate in india also , so kindly read completely for the effort i kept into writing this article jaicorp sold their sez zone at very discount price its is a real estate company and its main asset was sez almost entire business so investors lost trust in this company in future also we dont know what they will do to other sales if...

techno_funda_guy Updated 

Bandhan Bank is bearish Since entire bull market It was greatly into micro finance in states like Bengal and politicians completely destroyed it by supporting defaulters and encouraging them to default for votes can refer my old idea also where i warned along with vodafone idea better stay away from a bad frog that is stuck in a well results may look good...

techno_funda_guy

You can see three Big red candles where smart money exited can go to 175 from where the entire rally started looks like strong bears entered Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes

techno_funda_guy

fundamentally in the past also indus ind has internal issues management is not good (hinduga group ) better stay away from it can go below 700-500 also below 790 can go to covid low Also stay away from Rbl Bank and Bhandhan Bank Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes

techno_funda_guy Updated 

morepen lab currently consolidating in a range last six qoq profits are good it took support around 70-75 once close above 95 can make a good move Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes

techno_funda_guy

technically from 2021 to 2024 asian paints has seen distribution i think by now smart money has already exited Asian Paints last all quaters has profits around 1100-1200 cr This quater 694 cr which is very massive dip in profits current p/e 52 sector p/e 47 i think asian paints is now no longer market leader so considering these profits constant for next...

techno_funda_guy Updated 

Hi guys, you can see page has fallen from 54349 to 33070 a decent correction and market leader in textiles(under garments) i think next sector will be textiles however page is at very discount price and downside is very limited can see faling wedge refer the above image for other time frames and can expect all time high in long term also after long...

techno_funda_guy

Elon musk launched many satellites , if star link gets successful can be desruptive to telecom and internet services ,indian government may support indian companies because they do not want other players to come in however they support indian big players but still we can see amazon in indian market despite challenges faced, MI phones in indian markets , we know...

techno_funda_guy

Technical aspects can read on chart itself Rate cut might be an advantage to cholafin disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk

techno_funda_guy

Dmart Is still expanding its branches we can see good consolidation and breakout and is above 200 dma disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk

techno_funda_guy

Iex Above 200 dma can reach its 52 week high Still a monopoly disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk

techno_funda_guy

fundamental logic- Any construction need painting even if realestate becomes dull if they want to sell old building they repaint if for marriage and functions people re-paint even we can see schools and colleges also time to time they repiant so consolidation of price will not be much longer and there is high probability that it can see upward...