Adi_tech

Adi_tech

The only hurdle is 3950 which is 20 week MA. Any break out above that can give atleast 10-12 % return in short term and can stretch much higher if the nifty auto is in support. It is a good trade with almost 3 % of SL as seen on price action on closing basis

Adi_tech

Nifty has given a breakout and the RSI in danger zone on weekly basis but it is not showing any sign of weakness which will give us the above mentioned targets with the given stop loss on closing basis

02:19

Adi_tech Updated 

The stock is almost at the verge of completing inverse head and shoulder pattern but the fundamentals are not supporting for any downside breakout. The stock is a definite buy above 20 week moving average for the above mentioned target with prescribed stop loss on closing basis.

Adi_tech Updated 

The stock had shown growth only on the basis of sectorial growth as it had been consistently posting loss which makes it weak fundamentally. Also on chart negative MACD crossover along with declining volumes indicates weakness in the stock if it posted bad results again in upcoming quarter.

Adi_tech Updated 

nifty is @ 15590 after a sharp selling from last two days tracking global cues but it also came @ support 15570 which is 50 DMA and will act as a good support as the numbers posted by heavyweights are not that bad and technically it has all the potential to violate sell on the rise pattern. 50 dma will act as a good support for above mentioned targets. FOR OPTION...

Adi_tech Updated 

IT IS TAKING SUPPORT @ 50 DMA AND THE RESULTS ARE A ONLY A FRACTONAL BELOW EXPECTATIONS AND THE STOCK IS AN UPTREND OVERALL.

Adi_tech

The Scrip is @ support and trying to hold 50dma which is a good level for short term entry for prescribed target and stop loss. As the results were below expectation but they were not that bad to make any further downside move as dollar is supposed to be strong in upcoming time.

01:30

Adi_tech

Our view is neutral for the scrip as it seems in no trade zone on the chart with consistent on quarterly numbers but stock doubling up on same numbers. The movement is expected to be range bound as mentioned above

02:10

Adi_tech

It has made a doji on the top of the chart with declining volumes along with divergence shown on RSI. On the fundamentals part, Revenue, operating profit and net profit has seen a sharp decline along with eps . Also the Price to book value ratio is too high @17.81.

01:53

Adi_tech

The scrip is making descending triangle which is a sell pattern but the trade is given on the buy side as the market is reacting differently to Adani group stocks. The stock has very weak fundamentals which is a huge downside

Adi_tech

It is almost at the support of its lower channel and making weak hands out before the pre result rally. On hourly taking support of 100 & 200 ma

Adi_tech

Currently BANKNIFTY is consolidating between 34900-35600 on closing basis. Any sustained breakout with volumes will give the above mentioned target as it is forming rounding bottom on daily chart with good support from RSI and MACD

Adi_tech

It is making three white soldiers on the weekly chart and results are due for last quarter and is expected to perform better in the same. Volume also increasing consistently on weekly basis.

07:03

Adi_tech Updated 

The vies stands for a timeframe of 1-3 months with major support and resistance levels.

Adi_tech

The results in the fourth quarter is above expectations and on the price action again touching the covid low's support line which is a good enough indication for the reversal and further up trend . Traders can follow the above mentioned targets with given stop loss.

Adi_tech Updated 

It is a buy after deep correction from high

Adi_tech Updated 

NIFTY IS @ 100 DMA AND technically at covid lows support , if further weakness continues then it will be end of bull run

Adi_tech Updated 

LT is consolidating for long around paste week in this range and with results session it is expected to give satisfactory result and is buy once the resistance is broken for above mentioned targets