vikramsthakkar

vikramsthakkar

DCB: Buy in range 190-195(50%) & add more around 185 stop 177 Targets 215-225 Consolidation breakout with rise in volume, #CUPHANDLE 20DMA crossover 50DMA, #RSIBreakout

vikramsthakkar

Falling wedge breakout with rising volume and RSI confirmation Follow up close above 1730-1740 confirms brekout Support @ 1675-1685 Targets 1990-2090 Stop loss @ 1610 Trading stop loss @ 1675

vikramsthakkar

Immediate sup @ 10225-10250, till holds expect upside upto 10375-10410 Break above 10410 will further strengthen rally upto 10490 In case 10225 is breached, profit booking upto 10140-10100 will be seen As price is trading above key MA, expect momentum to remain bullish With RSI giving first signs of breakout, next couple of days will be closely watched

vikramsthakkar

Index has been trading in lower high lower formation. Today price bounced from recent low with Bullish Divergence visible on hourly chart. 3500 is also 78.6% retracement of entire move from 3366 to 3982 which will act as crucial support. Going forward till 3520-3500 holds expect bounce till 3630-3670-3700 Break and cose above 3700 will confirm trend change and...

vikramsthakkar

Stock is in bullish trend with higher high higher low Currently price is trading @ falling trend line resistance, today stock closed with above average volume indicating accumulation. On EOD stock has formed higher low @ 20DMA which is placed around 1412, with price trading above key moving average expect bullish trend to continue. Going forward close above...

vikramsthakkar

Nifty today closed with hammer @ Demand Zone & 61.8% retracement Going forward support @ 10140-10100, till holds expect upside towards 10330-10350 which is flag channel resistance Above 10350 momentum will strengthen up to 10410-10490 In case 10100 is breached profit booking up to 10000-10030

vikramsthakkar

Going forward till 75-78 holds, expect rally to continue upto 85 Rally will further strengthen above 85 towards 88-92 levels Rationale: Rise in volumes when price going up against below average volumes while price falling, Descending triangle breakout after vertical rally last month(Works best if breakout on upside) Accumulate in range 78-82 stop 74 Targets...

vikramsthakkar

Faster moves have been seen in past 2 sessions as price approaching flag resistance, nifty fell 380 pts in past 6 sessions and regained 250 pts in 2 sessions indicating probability to breakout of flag pattern Going forward till 10160-10190 which is 38.2% retracement of 9687 to 10413 holds, expect rally to continue up to 10360-10410 where flag resistance occurs...

vikramsthakkar

PEL bullish flag in making Breakout on weekly close above 2800-2810 Stop loss 2675 in case of breakout

vikramsthakkar

Going forward till 350-355 holds upside towards 395-420 levels in near term Buy in range 360-365 stop 350 add further towards 355-357 Stock is trading above short term moving averages indicating bullish momentum

vikramsthakkar

Going forward till 10000-10050 holds expect upside till 10200-10250 where 50DMA & 20DMA exist. Above 10250 rally will extend upto 10350 where sellers will try to take control with flag resistance Break and close above 10350-10375 will open for next upside rally breakout

vikramsthakkar

Going forward till 57.90-58 is not crossed expect downside till 54.80-53.80 where buyers will try to pull back with 50 DMA @ 54.30 In case 53.75 is broken expect selling upto 51.50-50.90 levels. With price trading below 20DMA momentum will remain weak

vikramsthakkar

Going forward till 10120-10150 is not crossed expect downside till 10000-9950 zones where support zone exits With 61.8% retracement of 9687 to 10490 @ 9990 & DZ 9950-10000, also hidden divergence visible i.e higher low in nifty and lower low in RSI, if 9950-9990 holds expect bounce upto 10150-10180 Above 10180 short covering up to 10240-10280 will be seen

vikramsthakkar

Buy Some Adaniport in range 382-385 Stop 375 Targets 405-416 Rationale: Bullish Divergence @ 78.6% retracement of 363 to 443 Closed with Hammer & Dragonfly Doji on EOD

vikramsthakkar

Going forward if manages to close above 325 then will open for upside towards 350-370-400 Close below 315-320 will negate this view Big volumes seen in past few weeks, Price trading above 20 & 50 WMA confirms bullish trend.... Buy 350 or 360 call and hold with 320 stop loss or Buy 390 call December @ 2-2.5 either 0 or 10-15Rs

vikramsthakkar

Going forward till 3700 holds expect upside upto 4350-4450 with big breakout on close above 4350 weekly closing basis. In case 3700 is broken profit booking upto 3500 will be seen and negate of above view.

vikramsthakkar

Media sector has seen breakout EOD chart with price closing above all time high Going forward till 3000-3200 holds expect upside upto 3370-3510-3680 levels in short to medium term With price trading above key moving averages will add to further strength

vikramsthakkar

Going forward till 74-78 holds expect upside towards 87-89-91 Traders buy with stop 78 Delivery accumulation in range 78-80 stop 73 Targets 91-102