tusharvispute1

tusharvispute1

On the daily chart, the stock hasn witnessed a strong breakout from its “rounding bottom” pattern on a closing basis indicating short term trend reversal The stock has recaptured its 20 and 50 day SMA and rebounded very sharply Rising volumes near support zone implies increased accumulation at lower levels The daily “band bollinger” buy signal reconfirm positive...

tusharvispute1

Bank Nifty started the week on apositive note and traded with extreme volatility on either side for most part of the week, however buying momentum at lower levels pulled the index higher to close at 37752 with a gain of 604 points on a weekly basis. On the weekly chart the index has formed a "Doji" candlestick formation indicating indecisiveness amongst market...

tusharvispute1

Nifty started the week on a positive note and traded with extreme volatility on either side for most part of the week, however buying momentum at lower levels pulled the index higher to close on a flat note. Nifty closed at 17784 with a gain of 114 points on a weekly basis. On the weekly chart the index has formed a "Doji" candlestick formation indicating...

tusharvispute1

On the weekly chart, the stock has confirmed “rounding bottom” formation on a closing basis indicating strong come back of bulls The stock has recaptured its 20 , 50 and 100 day SMA and rebounded very sharply Rising volumes on a rally implies increased participation at lower levels The daily and weekly “band bollinger” buy signal reconfirm positive bias The daily...

tusharvispute1

Nifty started the week on a flat note and buying momentum throughout the week led it close on a strong note. Nifty closed at 17670 with a gain of 517 points on a weekly basis. On the weekly chart the index has formed a sizable bullish candle and closed above previous week's high indicating positive bias The chart pattern suggests that if Nifty crosses and sustains...

tusharvispute1 Updated 

On the weekly chart, the stock has witnessed a strong breakout from its six months “triangular” formation indicating resumption of its earlier up trend The stock has recaptured its 20, 50 and 100 day SMA and rebounded very sharply Huge volumes near breakout zone implies increased participation The daily and weekly “band bollinger” buy signal reconfirm positive...

tusharvispute1 Updated 

On the daily chart, the stock trending forming higher tops and bottoms It has also confirmed “ down-sloping” trend line breakout indicating change of trend to the upside The stock has recaptured its 20, 50, and 100 day SMA and rebounded very sharply Rising volumes around consolidation zone implies increased participation The daily and weekly strength indicator RSI...

tusharvispute1

On the daily chart, the stock has confirmed “W” – double bottom formation on a closing basis indicating strong come back of bulls The stock has recaptured its 20 , 50 and 100 day SMA and rebounded very sharply Huge volumes near support zone implies increased participation at lower levels The daily “band bollinger” buy signal reconfirm positive bias The daily and...

tusharvispute1

On the weekly chart, the stock has confirmed “rounding formation” pattern on a weekly closing basis. Rising volumes on breakout indicate rising volumes This buying momentum was observed from 100 and 200-day SMA and rebounded sharply Jindal Steel & Power Limited Weekly Chart The stock is well placed above its 20, 50, 100 and 200 day SMA which reconfirms bullish...

tusharvispute1

Bank Nifty started the week on a positive note but witnessed selling at higher levels to end the week on weak note. Bank Nifty closed at 35410 with a loss of 1018 points on a weekly basis. On the weekly chart the index has formed a Bearish candle with a long upper shadow indicating selling at higher levels. The chart pattern suggests that if Bank Nifty crosses...

tusharvispute1

Nifty started the week on a negative note and traded with extreme volatility on either side throughout the week. Nifty closed at 17153 with a loss of 134 points on a weekly basis. Since past six trading sessions, index continues to consolidate within 17500- 17000 levels representing sideways trend and hence any either side breakout will confirm further direction....

tusharvispute1

On the weekly chart, the stock has observed breakout from “ cup & handle” formation around 480 levels on a closing basis The stock has recaptured its 20 and 200 day SMA and rebounded very sharply Huge volumes at breakout zone implies increased participation on a rally The daily and weekly “band bollinger” buy signals increased momentum to the upside The positive...

tusharvispute1

The stock has observed shift of trend as it has decisively broken out past one year “down sloping” channel at 450 levels This buying momentum was observed from its 20, 50, 100 and 200 day SMA which reconfirms bullish sentiments The daily and weekly “band bollinger” Jindal Steel & Power Limited buy signals increased momentum to the upside Rising volumes on this...

tusharvispute1

Bank Nifty started the week on a negative note but witnessed buying at lower levels recovered most of the earlier losses which led it close on a flat note. Bank Nifty closed at 34546 with a gain of 138 points on a weekly basis On the weekly chart the index has formed a bullish candle with shadows on either side indicating indecisiveness among st participants...

tusharvispute1

Nifty started the week on a negative note but witnessed buying at lower levels to end the week on a positive note. Nifty closed at 16630 with a gain of 385 points on a weekly basis. • On the weekly chart the index has formed a long bullish candle however it continues to maintain lower high-low as compared to previous week which signals lack of strength. • Since...

tusharvispute1

The stock is in strong up trend forming a series of higher tops and bottoms across all the time frames indicating sustained up trend • On the weekly chart, the stock has witnessed breakout from “ Cup & Handel Pattern Breakout ” indicating continuation of up trend • Past couple of weeks rising volumes implies increased participation • The stock is sustaining above...

tusharvispute1

• On the weekly chart, the stock has observed one year “multiple resistance zone” breakout at 500 levels on a closing basis. • On the weekly chart, a series of higher tops and bottoms conforms bullish sentiments • Rising volumes near breakout zone Trget Period 4 weeks. signifies increased participation • This buying momentum was observed from its 50 and 100 Day...

tusharvispute1

On the daily chart the index has formed a Bearish candle with a lower shadow indicating buying at lower levels. The index is moving in a Higher Top and Higher Bottom formation on the daily chart indicating a short term up trend. The chart pattern suggests that if Banknifty crosses and sustains above 38000 levels it would witness buying which would lead the index...