yogeshwar

yogeshwar

Topic Statement: Kalyan Jewellers' bullish momentum takes a break, as the stock price is entering a sideways phase for the coming weeks. Key Points: 1. The mid-term uptrend line was breached, shifting the trend to sideways. 2. The stock has strong support at 650, aligned with the 38.2% retracement level. 3. A further correction to 530 is possible, where...

yogeshwar

Topic Statement: Voltas' bullish trajectory is temporarily put on pause as the stock shifts into a bearish pattern. Key Points: 1. The stock is moving within a down-trending channel, indicating continued selling pressure. 2. The breach of the medium-term uptrend signals further bearish momentum. 3. A gap at 1450 is expected to be filled, making 1500 an...

yogeshwar

Topic Statement: UltraTech Cement is on a bullish trajectory, offering strategic trading opportunities within its uptrending channel. Key Points: 1. The stock is moving in a bullish uptrending channel, reflecting strong momentum. 2. Ideal strategy: buy at the lower end of the channel and sell at the upper end for optimal returns. 3. The high stock price...

yogeshwar

Topic Statement: Glenmark Pharma, despite a minor correction, remains on a bullish trajectory with strong support levels. Key Points: 1. A head and shoulders pattern led to a price breakdown and a brief correction. 2. The stock found support at the uptrend line, maintaining its bullish structure. 3. The price is at the 38.2% retracement level, a key support...

yogeshwar

Topic Statement: Eicher Motors remains mildly bullish, with the recent correction having minimal impact on its upward momentum. Key Points: 1. The stock is trading within a bullish channel, offering buy opportunities at the lower end and sell opportunities at the upper end. 2. Historically, the stock rarely dips below the 360-day moving average, making it a...

yogeshwar

Topic Statement: Coforge is on a robust bull run but currently overbought, signaling a potential correction ahead. Key Points: 1. The price has overextended above the 360-day moving average, indicating a likely pullback. 2. The stock has strong fundamentals, reinforcing its long-term potential. 3. Ideal buying opportunities arise when the price is near or...

yogeshwar

Trent is a consistently bullish stock, offering strong long-term investment opportunities. Key Points: 1.] The stock maintains its bullish momentum by consistently taking support at the uptrend line. 2.] Frequent formation of flag patterns indicates a continuation of its upward trajectory. 3.] The stock rarely dips below the 360-day moving average, making it an...

yogeshwar

Statement: Apollo Tyres has remained stagnant this year, trading between 450 and 560 despite the broader market rally. Key Points: 1. The stock was in a downtrending channel during the October-November market correction. 2. A breakout from the channel signals a bullish reversal. 3. Distinct accumulation and distribution zones provide opportunities for...

yogeshwar

In the last two months, the stocks that have contributed the most to the nifty bull run are reliance industries, hdfcbank and tcs. The results of Reliance Industries were ok but does not justify the high valuations the market has given to it. The short-term trend is way above the yearly trend of this stock and it looks ripe for a correction. On Friday the stock...