tejaslalwani7

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BankNifty is trading in a consolidation of an ascending triangle with a strong resistance at 52750-52800. Market is being cautious before the budget and quarterly results of major private sector banks. BNF is sustaining at 52400-52450. A strong closing above 52500 will help to test the next resistance. A breakout above 52800 with a day closing will extend this...

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Buy above 1220 for targets fo 1400. Stoploss? Keep accumulating till 1120.

tejaslalwani7

Buy above 525 for 540/550/570 Stoploss - Keep accumulating at bottoms

tejaslalwani7

Buy above 570 for 585/590/600 for short term and long term goals can give up to 650 targets. Stop-loss - Keep accumulating at bottoms. The chart forams a strong bullish Elliot wave.

tejaslalwani7

Buy above 12650 Target 13650, target 3 days. SL 12500

tejaslalwani7

SUNTV after testing 560 resistance(10 year old strong resistance) has again come to the breakout levels. The breakout strategy an be a simple bullish movement upwards. OR A cup and handle formation. Equity buyers can buy at 565 and again at dips til 530. Option traders can risk an ITM call as the stock results are going to be out soon and SUNTV looks a...

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ZEEL has been trading inside the a parallel channel since April 2020 on a daily chart and nows shows a breakout at 185. If the stock keep trading within the channel then we can aim at targets 206, 224, 250 in 1-2 months. Targets are the upper limit of parallel channels the stock has hit. These targets can equally act as resistance as well. If my prediction is...

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Look at every minute detail marked in the chart. If BERGEPAINT starts trading above 727.25 then we can have our targets as the green lines 733, 742 and 753. If it breaks the resistance of 770.15 then we can soon see a new lifetime high. If we still see consolidation then the stock can be seen trading within the end of triangle. A Bearish moves is very unlikely...

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After completing a a Cypher pattern(XABCD) and taking the support on green line, IBULHSGFIN has finally acted on 50-20 DEMA crossover and gave a strong bullish candle today. The stock shows a bullish move to test the resistance of 250. Today's volume(78.805MN) and MACD(1.8) shows great strength. Above 220 I see a clear target of 235-250. If the resistance of 255...

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Cipla is currently on a 20 year resistance level and being tested since 7 days with bear-bull combination. Today's movement it finally gets 20-50 DEMA crossover. Based on tomorrow's opening, with a pivot at 890. Above 910 targets can be respectively 920/930 and above 955 can be a big move. Below the buyers zone where the stock has been tested multiple times...

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HDFC Life is in a closing triangle with a strong support zone shown in red rectangle and closing wedge waiting to be broken. The 50 MA is still far away so a good buying should be when it breaks and sustains 687 and Targets can be considered respectively. Above 725 you can keep and open target trailing your stop loss. You can always do back testings on...

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After trading within the Head and Shoulder pattern, the Bank Nifty finally gave a good breakout above our resistance line and traded 1200+ points up with very minimum resistance today. The technical analysis shows a clear bull run from here till 37000 with internal corrections and Targets/Resistance given in the chart. Once the BANKNIFTY crosses the target, the...

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After a long regression trend, BATA INDIA has been trading on the breakout zone between 137-1380. The stock shows a breakout at 50 MA above 1409. The upward targets for BATA INDIA are 1455, 1498, 1540. A downward movement can have immediate strong support at 1368. Monday's movement will be an important one. Trade carefully for first 15min to give you a confirmed...

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After making a lifetime high of 357, the stock traded within the range of 357 to 284(acting as a strong support for the stock. Finally after 2 months the stock showed a breakout and gave a buying signal around 290 and made a high of 321 today giving a good upward trend. The upward targets for the stock are as shown with the green markers 324, 330, 334, 340 and a...

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After rejecting the support of 200 thrice, ITC is ready for a breakout above 200 after completing the triangular trade zone. ITC has been a very slow moving stock and hence the targets are as per the Buy/Sell marks. You can always do back testings on Day/Week/5min charts as per your experience and track the Bank results to have a stronger view before taking any...

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On a day chart, after 3 drive pattern and little consolidation, MUTHOOTFIN gave a breakout after 1190 and traded above 1200. Looking at the stock performance and the chart the breakout shows a bullish trend on the stock. Monday 10th May if it starts trading above 1227 then T1,T2 and T3 can be considered as Monthly targets with internal corrections and...

tejaslalwani7

After completing the Cup and Handle pattern and a strong boost in Pharma sector, Lupin finally broke it's resistance and showed a 150 point bull run in the market today. With the Governor's conference today not just LUPIN but other Pharma companies such as CADILA, SUNPHARMA etc. also got a lift in their stock prices. If we see the chart the next upward targets for...

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Since my last idea got banned I am reposting my Bank Nifty study again. The Bank Nifty went exactly as per our study and started trading bearish. Previous idea posted on 29th April - With mixed global cues and increase and COVID cases, Nifty and Bank Nifty went Bullish over the last week and gave some positive movements. On a day chart the Bank Nifty looks to...