NSE:BSOFT SWING Traders!!! BSOFT Seems to be sustaining above the resistance level of 485 and it may be ready for the target of 585 from here. Swing traders can go long with SL of 440. CMP 496
NSE:M_M M&M On Weekly Chart Looks Strong Enough To Consider It For Short Or Long Term. Stock In A Range Of 950-660 From Past 3-4 Months While At The Same Time Major Indexes Showing Good Fall. And From Last Few Weeks We Are Seeing Good Bounce Back On Weekly Chart From Demand Area Of 727-660. Which Indicates Stock Has A Good Strength As Compare To Benchmark...
NSE:ITC In Previous Week Candle Has Form A Tail Formation Which Is Good Indication Of Efforts To Stop The Fall Or Of Good Buying. In Last Week Again We Have Seen Good Efforts To Push Prices Up In Itc. Which Indicates Itc Is Stronger Than Index As We Haven't Seen Major Down Move In Stock. We Can Prefer This Stock For Holding Period Of 2-3 Months. Stop Loss...
NSE:PRAJIND PRAJ Industries Life Cycle In Simplest Way. Nothing More To Explain Chart Saying All We Have To Know
NSE:NIFTY After a good start in first 10-15 minutes nifty did not manage to make any new high in the morning session today and we have see some selling in first 2-3 hours of the day but in second session we have see good bounce back in nifty after taking a good support of 21EMA on 1H chart. which again indicates bulls have given good efforts to pushed the...
NSE:NIFTY On NIFTY spot's 1h chart we did see good selling in first one hour of today's trading session and we were also seeing expected follow through on next 1h candle but bulls did give there best efforts to push the market up. After seeing good selling in first one hour of todays trading session test of yesterday's gap was expected but we see good bounce...
NSE:BHARTIARTL After a good profit booking started from 24th of September BHARTIARTL did show good selling until its come to the support level of 673. near 673 on 1st and 4th of October we did see that selling is now dried out as candles did not managing to close near their lows. And tails we are seeing on both of the candles the are good signs for presence of...
NSE:DELTACORP If you see the breakout to the level 224, after breakout prices did managed to sustain above that level while volume keeps declining which indicates bit of weakness in stock for prices to move further up. But in last week we have seen strong bullish candle breaking out the resistance level of 282 though candle doesn’t managed to close above that...
NSE:RAIN Rain Industries on weekly chart form a cup and handle pattern and almost ready for big blast rain industries will show good uptrend from here onward. to be safe side one can wait for follow through buying on daily chart. CMP is 243.3 while 190 will be good support. || hari om || || Shree Ram || || Ambdnya ||
NSE:BANDHANBNK On weekly chart of BANDHANBNK stock showing good efforts to push prices up in the demand area of 250-280 a good follow through to 23rd August 2021 weekly candle will confirm the presence of Bulls in this counter and in that case we can consider 354 as our T1 with SL being below 250. Looks Quite risky Though.... || Hari OM || || Shree Ram || || Ambdnya ||
NSE:HINDALCO [/symbol On weekly chart of Hindalco after a good bearish candle we are now seeing good efforts by bulls to stop selling and pushing the prices up from support level of 407. from here onwards HINDALCO will continue its up trend as chart is already sowing up trend. and higher highs and higher lows formations.
NSE:VAKRANGEE Today we will be having a look at the weekly chart of VAKRANGEE which is currently in a re accumulation zone. The main topic of this post is going to be how we can identify whether any stock is in accumulation phase or not. So, if you can see weekly chart of VAKRANGEE I have already plotted support and resistance levels for VAKRANGEE. Support...
NSE:TCS TCS on 2H chart showing good breakout to consolidation area of 3155-3240. And it may show good up move from here. One can consider this counter for swing trade. TCS now has a strong support of 3150 while next resistance area is of 3380-3400 hari om shree ram ambdnya
NSE:TATAMOTORS After Sluggish/consolidated move from 8th Feb 2021 and few test to the resistance level of 351 we did see good down move with good efforts in last week from same level, one can say due to the negative news of JLR results. Which was not expected at least by me. So what to expect from here in TATAMOTORS, well not matter what...
NSE:JUSTDIAL Just dial was been in a consolidation phase for a long enough time between the price range of 318-824. On 1st March 2021 weekly chart we did managed to see false breakout to the level of 824, result of which we see down move from there towards 717 and we have seen good reversal confirming support of 717 on 17th May 2021 weekly candle. After...
NSE:TATASTEEL We are going to see a weekly chart of TATASTEEL and there is nothing much to explain here about trend. If one can look at moving average it’s clearly indicating an uptrend. Only concerned for TATASTEEL was consolidation/Profit Booking we have seen from 10th May 2021 after making lifetime high of 1218. In last week...
NSE:NIFTY After giving breakout to the level of 15431 on 31st May 2021 nifty keeps moving up on very sluggish price movement till 15th June 2021. On 18th June 2021 we have seen possible retest of breakout level of 15431 along with hammer candle formation, on very next day we also see similar kind of trend where we have seen gap down opening...
NSE:SATIN SATIN showing good sign of trend reversal after a good down move and exhausted supply. In todays trading session we have seen good efforts to pushed it up after checking lows of previous days which is good confirmation for go long from here. But we also have to look at resistance level of 100 from where we had seen rejections for many time. So, those...