UPL has given a perfect bounce back from 50% fibo levels and taking a support at 32% level now. As the stock has not rallied with index after sudden fall after results. It can zoom again to touch its levels on the chart for 580 - 600 levels. All levels are mentioned on the chart. DISC: please consult your financial advisor before making any bet.
The stock has performed exceptionally well in the current market rally and now retraced to a level of 750-760. Currently it is trying to make a base between 700-750 levels. once a daily candle is closed above 800 Levels with above average volumes which currently acting as resistance. Then a further rally can be seen to 1100 levels. All levels are mentioned on...
Eicher motor is again at support retracement levels of 50% Fibo. 2 Gaps have been created on the chart and the price is ready to fill the gap. The stock has been rewarding in long run and continues to be in the coming times. All levels are mentioned on the chart. DISC: For educational purposes only. Please consult your advisor before making any bet.
All levels are mentioned on chart. DISC: For educational purposes only.
Support and Resistance zones are playing their role perfectly. All levels are mentioned on the chart. DISC: Just for education purposes. Please consult your financial advisor before making any bet.
Escorts have given a tremendous result and monthly sales on YOY has also grown up. This stock has recently formed a doubt bottom pattern on its support zone of 1180-1200 levels. The stock has given a breakout on the hourly timeframe and have gone past 1400 but could not close because of the resistance at 1420 levels. All levels are mentioned on chart along with...
HDFC Ltd is currently trading at its 3rd support zone and is quite attractive now. The entry can be done around 2370-2350. The results are still awaited and as we know the interest rates on house loan have been slashed majorly by RBI hence this stock has edge over other competitors. One can consider a target of 2600-2650 levels in medium to long term gain...
SRTRANSFIN is currently facing turbulence and the stock has also run up fast. The trendline and support zone confluence makes this a perfect stock for entering at 1100 level with a smaller quantity. The risk to reward ratio becomes favorable at this level for a target of 1300. Good results are expected from this stock and post 28 Jan (result day) it can again...
Indigo is moving up and down in a consolidation region. After breaking the 1700 levels recently it has created 1750 - 1765 as its major resistance zone. The evening star candlestick pattern can be seen on Friday on the chart but the volume of selling was not more than the previous day which is generally expected. It means the retailers have exited their...
Polycab India has declared a good result. On 15 min chart it is showing strength and can touch the target of 1320-1340 levels in intraday. All levels are mentioned on chart. DISC: For educational purposes only.
UPL (Large Cap - Nifty 50) stock which was facing a bit of turbulence in between has given a bullish breakout & made a rounding bottom pattern. Since all large-cap stocks are near to their all-time high. This stock has to go miles to achieve the same. Targets are very high with a good Risk to reward ratio. Levels are mentioned on the chart. DISC: Please consult...
Inverted Head & Shoulder in ICICI Prudentials 1. Entry only above 490 for a target of 502
Considering the current rally in Nifty 50 without mighty weighted Reliance. It is now ready to go long now to 2k & above levels. It has taken support at 200EMA and Created a Bullish piercing candle. The performance of reliance is very much needed for Nifty 50 to touch 15k levels before Budget. All levels are marked on the chart. DISC: This is not a buy or sell...
HDFC BANK is consolidating in range of 1350 and 1450 for long position. Once it breaks this range then it will make new highs. Expected Targets are around 1550. Considering the bank nifty has not touched its lifetime high yet HDFC can be one of the factors in reaching that. The same range breakout is shown on the chart. So I believe history will repeat...
Recent good sales numbers and the advance of 26% in Royal Enfield demand led the Eicher motor to recover from its 2400 Level to 2700. Good Q3 results can lead it to further 2900 Levels on a positional basis for 2-3 weeks. All levels with SL and Targets are marked on Chart. DISCLAIMER: Please consult with your advisor before making any decision.
Inverted Head & Shoulder. Neck Line is at the resistance of 1740. First, it should cross 1740 and then should head towards 1760-1780 levels. DISC: Please consult your financial advisor before taking any decision. This is not a buy or sell tip.
1. MGL is again testing it's resistance Zone of 1085-1090 2. Inverted H&S in daily time frame. 3. Good Volumes have come up. 4. RSI is getting stronger.
Vinati Org has given a breakout after a pull back. Good Volumes have come up and RSI is getting stronger. Should reach the target 1300 in the coming days.