


DrPrashantVerma
EssentialCMP: 220; NEAR TERM TARGET: 240-245 RSI:52.76 SL:210 4W SUPPORT ZONE:175 Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it...
Zomato CMP:174.20; RSI: 66.50; Short Term View: Zomato has completed 5th wave and entered in ABC pattern correction. This short term momentum will fizzle out in 1 week time frame, before that the script may show price of 181-182 levels, and eneter in wave-C correction phase. Mid Term View: Script will break down and fall below Rs: 158 in months time ....
Motherson Sumi Wires charts on its Daily chart pattern shown clear formation of cup and handle formation complition followed by Volume & Price breakout (@66.95). Suggesting that script is now in good upward trend will attain new targets. CMP: 70.95 Targets: 74 -82-86 SL: - 64 The likely resistance being at 74. Once it closes above this level the next possible...
HDFC bank charts in its weekly chart it shown clear formation of cup and handle formation in process, The likely resistance being at 1730 to 1740 level. Once it closes above this level the next possible target is at 2150-2250 zone, most likely to attain the same before coming general election. disclaimer: . The views expressed here are solely personal...
NSE:PFC CMP:390.25 ; RSI: 45.49 Script is looking weak on charts, Clear weakness was evident as seen by the formation of Descending contracting pattern, which symbolise decreased interest of buyres in the script. Similarly Head and Shoulder pattern formation is in its last leg of confirmation. Neckline brekout wiil be confirmed if Script breakout below 348 on...
Zomato CMP 139.55 RSI: 71.38 Target: 145 (1W) - 150-(2W)-162-165 ( 8W) Zomato at its second resistance level should break it in upwards direction in a weeks time and conquer its target of 145 in a weeks time. While on charts targets of 150 can be seen in in a 3 weeks time frame, before it retraces back to second resistance zone and should retest it. Third leg of...
Titagarh Rail System CMP: 1178.50 short term target: 1356; stop loss: 1200 Once Titagarh script position it self above 1400 odd levels Medium Term Target: 1600; stop loss: 1396 Duration: 5 week (short term); 15 week (medium term) Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing...
SCI, near its crucial resistance. Breakout above 162, will take the price upto Rs 190. SCI: CMP: 158.65 Resistance : 160-163 Option 1: Aggressive Bet- Buy on confirm volume and price breakout above 162,if stock closes above it. SL: 160; time duration 4-5Week; Target 170-178-190 Option 2: Wait for a DIP, Buy as close to 145, for target of...
CMP:1002.60 Confirmation of Flag pole breakout @ 1020 Possible Short Term target 1220 Long term Support @ 870 SL-970
The Next possible resistance will be faced at 126.5 in coming week and followed by the validation of support level @120 before resuming to upward trend to achieve 135 level in a months time frame. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice...
Double bottom pattern was formed in Daily chart of IDFC FIRTS Bank, wait for the the Neckline breakout on closing basis (@above 89.5). upon confirmation of neckline breakout the next possible target's are at 96. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of...