Resistance and support level that could be used while placing trades. Note: this is not financial advice. kindly do your independent research and analysis before making financial decisions.
Possible breakout and support levels to devise trading strategies. Note: this is not financial advice. kindly do your independent research and analysis before making financial decisions.
NSE:ZOMATO After a year of downtrend, Golden crossover has formed indicating possible long upside for 3 to 6 months. Highly possible that if the market give good rally then the share would break previous high (Rs. 168). Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment...
JAI CORP Have been closely following this stock in past. It has given a good breakout from previous resistance level and could possibly continue the uptrend in future. Currently, showing some reversal signs as the price is at it's previous resistance level back again. Could consolidate for some days before reversing for upside. if the market stays stable, My...
NSE:GENCON Currently the stock is at a crucial reversal point, which has acted as a major support several times in the past. Uptrend reversal is likely from here. Also, it has filled the gap which was made in Jan' 23. Fibonacci levels at 78%, could fo to 100% (Rs.30). In that case, can keep accumulating on dips. Note: Trade with caution! Do not trade...
The share is making a comeback. Showing some strength after long downtrend. I would accumulate slowly waiting upto a clear confirmation from neckline break in the charts. and most importantly a Golden crossover has already formed. Target price is Rs.200 anytime during the year 2024. Note: Trade with caution! Do not trade solely based on my strategies, these are...
NSE:TRIDENT Long term opportunity of approx 25 to 50% up move in price unless the stock changes to downtrend. Have reversed after downtrend and forming support level. Target price: (Rs.50 - 60) Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.
NSE:3IINFOLTD After a long down trend, the stock has consolidated and reversed from its 52 week low of Rs.26.25. Showing good and steady accumulation overtime. Up move short term (1 to 3 months) target: Rs. 55. Up move long term (3 to 6 months) target: Rs. 75 Would look at short trade if goes below 35. Note: Trade with caution! Do not trade solely based on...
The stock has formed support after a downtrend and reversed for an upside move. I expect it to continue the up move into year 2024 and touch Rs.100.
DEVYANI INTERNATIONAL LTD There is possibility of uptrend continuation in the future. have given the strategies that I would go with for both short and long trades. Expecting to reach Rs. 250 - 275 anywhere by year 2024 Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor...
FIBERWEB INDIA Probable reversal for uptrend in the charts. My target is Rs. 45-50 by anywhere in Year 2024.