tusharvispute1

tusharvispute1

Nifty started the week on a flat note and buying momentum throughout the week led it close on a positive note. Nifty closed at 17833 with a gain of 294 points on a weekly basis. On the weekly chart the index has formed a long bullish candle forming higher high-low compare to previous week and has closed above previous week's high indicating positive bias. The...

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• On the daily chart, the stock has formed an “inverse head and shoulder” indicating a short term trend reversal • This breakout is accompanied with huge volumes indicating increased participation • In addition, the stock has confirmed higher tops and bottoms TVS Motor Company Limited Weekly Tech Picks 27 May,2022• The stock is well placed above its 20, 50 ,...

tusharvispute1

• On the weekly chart, the stock is in strong up trend forming a series of higher tops and bottoms indicating sustained up trend • This buying was accompanied with rising volumes indicating increased participation on every short term corrections • The stock is sustaining above 20, 50, 100 and 200 day SMA which reconfirm bullish sentiments • The daily and weekly...

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• On the weekly chart, the stock has observed eight months “down-sloping” trend line breakout at 2525 levels indicating trend reversal • This buying momentum was accompanied with huge volumes indicating increased participation at lower levels • The stock is also well placed above 20, 50 and 100 day SMA which supports upside momentum • The daily and weekly strength...

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• Bank Nifty started the week on a flat CMP: 34484 Support : 34000-33000 Resistance : 35000-35500 note however selling pressure throughout the week led index to end on a weak note. Bank Nifty closed at 34484 with a loss of 1130 points on a weekly basis • On the weekly chart the index has formed a sizable bearish candle and closed below previous week's low...

tusharvispute1

• Nifty started the week on a flat note and witnessed selling pressure throughout the week dragged index to close at lowest point. Nifty closed at 16202 with a loss of 151 points on a weekly basis. • On the weekly chart the index has formed a long bearish candle forming lower High-Low compare to previous week indicating weakness at current levels • The chart...

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On the daily chart, the stock has witnessed “multiple resistance” breakout around 208 levels • This breakout is accompanied with huge volumes indicating increased participation • In addition, the stock has confirmed higher tops and bottoms Sanghvi Movers Limited Weekly Tech Picks 10 June, • The stock is well placed above its 20, 50 , 100 and 200 SMA...

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• Bank Nifty started the week on a flat CMP: 35613 Support : 35000-34500 Resistance : 36000-36500note but continued its previous week's positive momentum to end the week on a strong note. Bank Nifty closed at 35613 with a gain of 1337 points on a weekly basis • On the weekly chart the index has formed a sizable bullish candle and closed above previous week's...

tusharvispute1

• Nifty started the week on a flat note and remained consolidated for most part of the week; however, the last couple of trading session's gains pulled the index higher to end on a positive note. Nifty closed at 16352 with a gain of 86 points on a weekly basis • On the weekly chart the index has formed a Bullish candle with a long lower shadow indicating...

tusharvispute1 Updated 

On the weekly chart, the stock has sharply rebounded from its two years “multiple support” zone of 733-730 levels indicating strong come back of bulls This buying momentum was observed from 20-day SMA and rebounded sharply Mahindra & Mahindra Limited On the daily chart, the stock has formed higher top and bottom indicating positive trend The daily “band...

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On the daily chart, the stock has witnessed a strong breakout from its six months “down-sloping” trend line breakout indicating short term trend reversal The stock has recaptured its 20 and 50 day SMA and rebounded very sharply Rising volumes near breakout zone implies increased participation The daily “band bollinger” buy signal reconfirm positive bias The...

tusharvispute1 Updated 

On the weekly chart, the has confirmed “rounding bottom” formation breakout at 1500 levels on a closing basis It has also confirmed higher tops and bottoms indicating strong up trend The stock has recaptured its 20, 50, ,100 and 200 day SMA and rebounded very sharply Huge volumes around breakout zone implies increased participation The daily and weekly strength...

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On the weekly chart, the stock has decisively broken out its past eight months “Consolidation Range” (230- 195) on a closing basis indicating strong come back of bulls This buying momentum was observed from 20, 50 and 100 day SMA and rebounded sharply Bharat Electronics Limited Weekly With current week’s high (242) the stock has registered a new 52-week high...

tusharvispute1 Updated 

• On the daily chart, the stock has confirmed “inverse head & shoulder” reversal formation on a closing basis indicating strong come back of bulls • The stock has recaptured its 50 , 100 and 200 day SMA and rebounded very sharply • Rising volumes on a rally implies increased participation at breakout zone • The daily “band bollinger” buy signal reconfirm positive...

tusharvispute1 Updated 

On the daily chart, the has confirmed “consolidation range” (640-530) formation breakout at 640 levels on a closing basis This breakout is accompanied with huge volumes which signals increased participation The stock has recaptured its 20, 50, 100 and 200 day SMA and rebounded very sharply The daily and weekly “band bollinger” buy signal reconfirm positive...

tusharvispute1 Updated 

• On the weekly chart, the stock has decisively broken out its past 6-7 months “Consolidation Range” (190- 150) on a closing basis indicating strong come back of bulls • This buying momentum was observed from 20, 50 and 100 day SMA and rebounded sharply J.Kumar Infraprojects Limited • The daily and weekly “band bollinger” buy signal reconfirm positive bias •...

tusharvispute1

Bank Nifty started the week on a flat note and remained in a narrow range (38000-37200) throughout the week, indicating lack of strength on either side. Bank Nifty closed at 37463 with a loss of 289 points on a weekly basis On the weekly chart the index has formed a "Doji" candlestick formation indicating indecisiveness among st market participants regarding the...

tusharvispute1

• Nifty started the week on a flat note however selling pressure throughout the week led the index to end on a weak note. Nifty closed at 17476 with a loss of 309 points on a weekly basis. • On the weekly chart the index has formed a long bearish candle forming lower High-Low compared to previous week indicating weakness at current levels • The chart pattern...