umangadatia312

umangadatia312 Updated 

The stock has started Trading below supports which was tested almost four times in a 1 year time frame. The stock is a news based stock and finally stock is turning Bearish. watch out the levels. DISCLAIMER - I AM NOT A FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.

umangadatia312

MARUTI SUZUKI, Stock is hot favorite from the view point of Auto sector perspective and overall market perspective. Inspite of Heavy selling by FII in the markets, stock is standing so hard and approaching towards a high made around 2018. Important thing is to follow the levels, and the stock is still attractive from investment perspective. If it breaks resistance...

umangadatia312 Updated 

GATI LTD, is breaking important supports on the daily charts followed by a Death crossover, which indicates Stock has turned into bearish. Watch out the levels as indicated on the charts in the coming days. DISCLAIMER - I AM NOT A FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.

umangadatia312 Updated 

A breakdown on daily charts of wipro can be seen.... but still price is up 200 day MA, if it starts moving below 200 day MA, Corrective move can be seen. Disclaimer- Please contact your financial advisor, its just a view and not an advice.

umangadatia312

Nestle India, showing some momentum in the long term charts but is slipping below 50DMA and a Double Top formation is also formed on the long term charts. Stocks looks bearish considering the sentiments around them. As we can see massive breakdown around high PE stocks, it can test level around 200 DMA. DISCLAIMER - I AM NOT A FINANCIAL ADVISOR, ITS JUST A VIEW...

umangadatia312

TRIDENT LTD, CMP is around support levels and the stock just breached 50 day MA, well it is conditional short look at the present market condition, if the stock holds support and if it breaches then stock will come in the range to correct the same and can go till 40. watch out. DISCLAIMER - I AM NOT A FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.

umangadatia312

BIRLASOFT is known for moving in an upward channel on longterm charts, there was an breakout on the channel and the stock beautifully rallied on the upside giving good returns. however, there is a Euphoria around IT stock, and BIRLASOFT is no exception. The stock is on the support line of the channel, if it breaks there is a sharp breakdown of around 80 to 100...

umangadatia312

Even though markets are tumbling before budget, Reliance is holding its 50 day MA on weekly charts, A historical analysis shows that when reliance takes support of 50 day MA, stock is ready for the next move. Looking at the pattern, the stock is readying for replicating the move. 2250-2300 levels is a great level of accumulation. Can go Long as per your Favorable...

umangadatia312

A Pure Long Term Candidate Time - 2-4 years Trend looks good in Copper Cycle so, Hindustan copper had still been Underperformer. STRONG FIBONACCI TREND Disclaimer - I am not a financial advisor, only for educational purpose.