utkarsh1979

utkarsh1979 Updated 

If DLF sustains above 203 then it would go up to 220 and further up. Next resistances marked on the charts

utkarsh1979 Updated 

There may be consolidation / correction as earlier was single side move Above the consolidation, it would move further

utkarsh1979 Updated 

If it breaks below 50 EMA on 30 mins chart and sustain then it can go up to approx. 162 with stop loss of 182 and further down to 155 & 145. if it respects the 50 EMA on 30 min chart then it go up to 182 with stop loss of 162 and above 182 it would create new highs. At each support or resistance watch for candle stick patterns like continuation pattern or...

utkarsh1979 Updated 

There is breakout with gap up and long bottom wick, expecting some correction. Already there is higher high and higher low formation.

utkarsh1979 Updated 

There was double bottom formation and it gave wonderful return after that. According to trendline too there was breakout. Now it is at life time high. Any correction would give buying opportunity

utkarsh1979

Naukri is already trading at near recent life time high. Seems like it is in a range, there are was huge selling volume on 8th nov. It may retract to lower levels on previous supports or as per Fibonacci levels. Need to wait for the buying opportunity

utkarsh1979

Currently Siemns stuck in a range. It can go either up or down. As per current market trend, it should up but no one knows.

utkarsh1979

In consolidation stage at higher level if break above 1030 then it would move further up.

utkarsh1979

HDFC AMC making higher high & higher low, it is in uptrend since long time. Expecting it to move further. I would like it to buy at next correction which would next higher low :), will wait for that. Current levels also good to buy if you want to hold it for longer time period.

utkarsh1979

There has been single side move on weekly timeframe since Apr 2019. Now expecting correct to happen at least till 38% (530) or 50% (494) Fibonacci levels, that would be good buying opportunity. But not sure it would come to that level or not. On weekly chart it is closed below 50 EMA

utkarsh1979 Updated 

There could be break in Ultratech Cement if it cross above the trand line Next Target could be 4425

utkarsh1979 Updated 

There could further positive move if it crosses above the 200 EMA Volumn is also good on last day

utkarsh1979

For learning purpose if you look at the weekly chart - there was consolidation and then it gave breakout on upside. It closed above the 50 EMA from the consolidation range and then rally continued further. It was good opportunity for buy There was rejection from 50 EMA on weekly chart (see very long wick), next or next to next green candle was also good...

utkarsh1979 Updated 

Disclaimer: It is just my view for educational purpose. Please consult your trading advisor before taking in any trade. I have started learning price action recently.

utkarsh1979 Updated 

Disclaimer: It is just my view for educational purpose. Please consult your trading advisor before taking any trade. I have started learning price action recently.

utkarsh1979 Updated 

I have marked 2 trend lines on daily chart. It didn't break below the bottom one trend line, but it broke the level of upper on trend line with good volume that gives the breakout in the ICICI Prudential I have marked multiple support & resistance levels on the charts those could be the possible target and stop loss levels.

utkarsh1979 Updated 

There is breakout above 1240 level with good volume. It also crossed the 200 days moving average, which was strong resistance, now it is a strong support It is trading above 50 moving average as well. Marked all resistance & support levels on the chart. There is more than 30% delivered quantity on NSE in last 1 week.

utkarsh1979 Updated 

Possible breakout if crosses above 662 level on weekly chart There is higher lows formation on weekly chart Also trading above 50 days MA, which is strong support