Sahursh25

Sahursh25

On friday 30th July after 2months of correction off its high Bajaj-auto took support near a major trendline that started around december 2020 and levels of 3750 that have been crucial year long whether as support or resistance. Taking off todays high can take it back to the top of the triangle pattern! Long Bajaj-auto above 3860 with SL around 3750 for targets of...

Sahursh25

Cadilahc has been in an uptrend as of late. With wave 3 being completed and wave 4 in motion one can look to Short Cadilahc below the trendline for targets between 570 to 540 with a Stoploss of 670. If it fails to break the trendline and breaks 670 instead one can go long for a swing trade for targets around 700-715. People looking for a positional buy can...

Sahursh25

With the breakout given on 4th June and retest completed on 7th June one can long Heromoto above 3075 with a stoploss of 3040-3035 for targets 3140 and 3200.

Sahursh25

HUL has been consolidating for a couple of days now between 2375-2320. Any breakout on either side can give good momentum and profits. Worth keeping in ones watchlist for a possible swing trade.

Sahursh25

Reliance had been inside a zone since Oct 2020 and last week it finally broke past its major trendline and resistance line! With the weekly pattern now looking bullish and favourable risk:reward Reliance is my top medium term pick. Long above 2250 with a stoploss of 2150 or your risk appetite for targets of 2700+

Sahursh25

Well as we can see in the chart banknifty has created an uptrend channel in the smaller timeframe. Banknifty recently went past its major 34300 resistance and broke its major 1D trendline. After that we've seen it in a slow but trending uptrend. According to my count banknifty still has space until 36100-200 (minor 5th and major 3rd) assuming there are no...

Sahursh25 Updated 

Bpcl has been in somewhat of an uptrend as of late. But for the third time since last july 2020 today again it failed to cross the levels of 481-482. If tomorrow it crosses and closes above 481 we can most likely see an upside till 510 or higher. The same way if it closes again in red with a decent body below todays lows it can be shorted with 482 as a stoploss....

Sahursh25 Updated 

Sunpharma today for the 10th consecutive session has failed to sustain above 700. With a completion of the 5th wave at .618 of the fibo and multiple failed attempts Sunpharma is ready for a short. My view short for risky traders @cmp with a Sl of 720 and targets of either the support zone marked (trend and horizontal line) or you're appetite. Safe traders can...

Sahursh25

Punjab National Bank (PNB) has been in a downtrend for over a decade. With 5 downside waves being completed and the Public sector slowly getting some momentum I think its time for PNB to shine. Short term trade - Buy above 46.50 with a SL of 42.5 for targets of 54-56 2nd target of 65 Long term trade (investment) - Buy above 47 for minimum targets of 100 to 227 or...