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vipulmehta817 Updated 

INDIAVIX has reached its almost year-long support on the Daily chart. Do we see further cooling off in VIX, translating to further rise in Nifty? Or do we see a mean reversion in VIX leading to fall in Nifty from its life-highs? We will be watching out for sure. Note: We published on 7 Mar when VIX reached the top of this resistance zone and it has successfully...

vipulmehta817 Updated 

VOLTAS is exhibiting heightened volumes at the edge of the Bull flag. Possibility of a accumulation followed by bull flag breakout..?

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Vodafone IDEA looks like at a good place to accumulate. The stock is exhibiting retracement at 0.50 Fibonacci from the last one year wave (since Mar 2020) and is slowly moving up the year long trendline. We are bullish in the medium term for 13.5 as the range target. Stop loss if the stock falls below 8.

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GODREJCP is forming Inverted Head & Shoulders and Cup and Handle patterns on the weekly chart. The chart is also showing bullish strength after consuming the selling pressure that since the 12 May Marubozu candle. It appears the stock can breakout from here toward its all time highs of 980.

vipulmehta817 Updated 

Radico Khaitan (RADICO) is exhibiting flag breakout on the Daily chart. We are looking for a Long trade with measured move of 665 as target.

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The stock of National Fertilizers Limited (NFL) has exhibited a 'double bull trap' as shown in the 75min chart. The first time bulls were trapped on 12 May at morning highs in the range of 72.5-73.5. The trap was laid further the second time with another gap up crack on 20 May with 72.5 high. Imagine the plight of the folks who bought at these zones. They will be...

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Nifty Media is back to its long term weekly Support/Resistance zone of 1675. Will it break free from this crucial zone this time?

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INDUSINDBK has broken out of the descending triangle with volume. The stock is ready to touch and probably breach 1115 and go toward 1200.

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MCX has exhibited strong resistance at 1440 zone multiple times since the beginning of its listing. The stock touched 1850 and returned on 1440 zone once again and took support here. With the idea of support turning resistance, it would make sense to go Long with immediate target of 1850 in sight.

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Nifty Auto/Nifty chart has returned from its support on the Daily timeframe. Looks like it's heading back to 0.70 resistance. Auto companies may shine more in the coming weeks.

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Based on the weekly chart, KSCL has broken out of a long descending triangle/pennant. A measured move of the flagpole gives a target of 900. Fib 1.618 extension also shows tentative 900-910 on cards.

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AAPL is hovering at its upward trending channel support and also at the 200DMA support. Looks like a good place to go long.

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XAUBTC has completed a formed multi-week bottoming cup. Time for the yellow metal to shine against the mighty crypto?

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HINDALCO has given a bullish flag breakout at the 1.618 Fib level. 440 seems like an achievable target.

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The stock ACC has successfully crossed ATH level of 1870 and is currently trading above 1900. It has retraced on the daily chart to the ATH and has seen bullish push from the retracement. The stock looks like a good buy from here with the target of 2450 (1.618 Fib retracement).

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Looking at the above Daily chart of the Nifty 50 index, it is clearly observable that the index is in an uptrend. Not just that, the 50DMA (red) is above the 100DMA (purple) which is above the 200DMA (green), indicating strong bullish trend in place. Since Mar 2020, at four different instances (as highlighted in the chart), the index has taken support at one or...

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US Treasury long-term bond yields have risen significantly and sharply over the last few weeks. This is apparent in the steep fall of TLT, the long-term US Treasury bond ETF, from 145 to its two year support of 135. In fact the price touched 136 on 26 Feb'21. The price has now begun to stabilize with RSI giving bullish divergence at this long term support level of...

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EURUSD gave a seeming smooth breakout at the 1.20 level on the weekly chart, until the price began to reverse as the USD began to strengthen. Now the price is returning to the long drawn downward sloping weekly trendline. Where will the price go from here? Will the Dollar bulls take the dollar higher leading to a downward push in the EURUSD pair? Or will the...