GhostXNir

GhostXNir

GICI has been on a downtrend from past few quarters. Its seems that this trend could be reversing. Its last quarter results have been abysmal but yet the stock looks constant. It seems as if all the supply has exhausted and demand can take control if september quarter shows good results. The stock is outperforming the index and can continue to do so. RR looks...

GhostXNir

On weekly charts BTC is sowing a bullish Divergence. Btc recently rebounded from over sold zone in RSI on daily charts. With this divergence, it seems that BTC could show a bullish rally with next target to be last swing high of $50900. Keeping in mide Feds hawkish stance and current rally in Dollar index and 10 Year bond yield, this could be a false alert but im...

GhostXNir

ABFRL broke its all time high with good volumes. The stock is Rs55, Ars and Srs positive. Yet it shows a negative rsi divergence which is of concern. Instead of adding more position i have sold some. I feel a trend reversal is in coming.

GhostXNir

OIL is showing positive upward move with good volumes. the share has broken bullish Head & Shoulder pattern. Given the bullish move in the international commodity market of Crude oil, this move looks quite convincing. I see an upward move in the share price specially if it surpasses its previous swing high of 220.

GhostXNir

On a daily chart, Nifty 50 has shown a negative RSI divergence which can indicate towards a trend reversal. Maybe the markets are looking for a small correction after a stellar up move. Please trade carefully.

GhostXNir

After testing it yesterday, Britannia just broke its last swing high. With decent deliveries if the stock sustains above these levels, it can show a potential upward movement to its high. The stock is also beating the index which in itself is touching all time highs every day. Plus post covid lockdown increased sales will help the company maintain some momentum...

GhostXNir

HDFC LIFE INSURANCE has seen a decent correction from its all time high prices. Currently its hovering over its 200 day EMA. A bounce back is in the works. The company has seen increasing sales over quarters, plus we can see increased institutional buying. Its outperforming benchmark indexes plus sectoral indexes. The company is surely on my watchlist and im...

GhostXNir

HDFCAMC is trading above both 21 and 55 days EMA. The stock rebounded after touching 200 day EMA. It is trading near trendline, if it crosses above and stays above 3000 levels, one can attempt a breakout trade with a 2% stoploss. It is also showing increased relative strength against Nifty50. To be noted that a shift maybe in the works in terms of sector...

GhostXNir

After a bad result, currently LIC Housing Finance is trading at last swing low and highs 0.78 Fib Retracement levels. Can the stock rebound from here or will it show a further downside? I am bullish with this stock, one can make long positions.

GhostXNir

Varroc Engineering is at its last swing support, if it stays above or close to this range, the stock can rebound. The company is good and financially strong, quarterly results affected by shortage of semiconductors. Good bet for mid to long term.

GhostXNir

After a single day massive fall ABFRL rebounded by touching 55 day ema. This comes after breakthrough from a decisive last swing high. The stock is backed with huge deliveries on upward movements and low deliveries at downward. Time to accumulate after each fall for mid to long term swings.

GhostXNir

A long term break out on a trendline is shown by the stock. Keeping in mind the nearest swing as the next target, the stock can show a longer reversal.