ugrokzz

ugrokzz

3460, 3518, 3257 This 3555 lvl is a strong resistance point, also in IT index this resistance line is present. So if this 3600lvl breaks then it's possible for some breakout or it will move down. Also after double tops formation in the weekly TF it cant break this level. So according to me, shorting can be done, buying at 3460 target at 3257 and SL at 3518.

ugrokzz

Making a symetrical pattern in the weekly chart. It represents that both buyers and sellers are active and have equal power. Now where ever it gives breakout with good volume i will make my mind that way. If upper breakout happen upper side with good vol i will long from 115 with 1st target 125 with Risk reward ratio of 1:4. If lower breakdown then i will short...

ugrokzz

Vardhaman textiles: In the weekly chart double bottom formation can be seen. Support levels near 270 And resistance level near 370 Currently near the resistance level. As it breaks level 376 with good volume buy long and keep the target till 435rs (15%) with risk reward ratio 1:4 In resistance level their is low selling pressure so it might break the...

ugrokzz

Zomato: Currently at 74.90. But making a pattern double bottom with bottom of 44-46 rs. And resistance of pattern is 74-72rs. The resistance is already broken with a above average volume . Also the resistance has low selling volume but the support( both the bottoms) has extraordinary buying volume so the pattern is being made from very early. Now if it...

ugrokzz

Started in 2004 with price of 13, from 04-15 it has a high of 99rs. From jun,16 it rallied at make a new high of 117 and again it return back to 27rs level in feb,19. From may 20 to mar 22 it showed good rally from 30rs to 200rs. But a sharp fall seen in july 22 and it make low point of 100rs. Aug 22 again show a huge rally from 100rs to 300rs till june 23. It...