Parveen_Verma

Parveen_Verma

There is a trendline breakout in Adani Wilmar. Investor who can seeking a good oppotunity to invest in Adani group, they can invest. Today market closing above 24380 is a good sign for reversal. From here in AWL, targets can be 344, 360, 380,395,423

Parveen_Verma

State Bank of India again bouces from a trendline. Buy SBIN for the targets of 830, 842, 863. Good bullish engulfing candles in SBI stock today. So keep investing in SBI

Parveen_Verma

There is a trendline breakout in BEL today. This stock is trying again and again to be bullish, so invest in BEL as much you can because it's gonna be a leading Defence sector stock after HAL. Above trendline breakout, next targets could be 288,294, 302,310,330 .. So keep investing in BEL if there is any dip.

Parveen_Verma

On daily frame, we can see that BNF is trying to from H&S pattern. Data will be totally bearish & H&S pattern will be formed completely if Bank Nifty broke 50400 level. So, avoid new buying in banking sector. Only if BNF closes below 50400 on daily frame then BNF can hit targets upto 46500.

Parveen_Verma

Be cautious in market now. Nifty has formed head & shoulder pattern o daily frame and closing below 24750 on daily frame can result in sharp fall up to 1500 points downside or targets upto 23300. Only if nifty closes below 24750 on daily frame.

Parveen_Verma

There is a breakout in PFC above 482, it's looking good on 30min TF. It's making inverted Head & shoulder pattern on 30min TF. Targets could be 492,495, 503,512++

Parveen_Verma

There is a trendline breakout in IREDA and also it has retraced from 0.78 level. So, go long in IREDA for the targets of 240,251,262.70 & 270.

Parveen_Verma

Here in Reliance Industries, we can see a downtrend. Reliance can take a support near 2720 and if it is not able to manages here at support for reversal then below 2720, we can see a sharp sell off up to 2655 & 2580.

Parveen_Verma

There is H&S pattern formation in SBI on 15min TF. Above 805,we can see targets of 810, 824,830 & 842.

Parveen_Verma

There is a similar pattern in BEL as that of HAL on 15min TF. There is a formation of Head & shoulder pattern on 15min TF. So go long in BEL for the targets of 288.55, 295,302.40,309,314 & 320.50.

Parveen_Verma

There is a inverted Head & shoulder formation on 15min TF in HAL share. So, go long in HAL above the breakout of trendline and near level of 4535. Targets in upcoming session are 4598, 4685 & 4785.