YS9

YS9

Long base has been formed in ratio chart any breakout this base will give good upside in auto stocks. Hence, keep auto stocks in radar and also this chart. If breakout is not happening then don't go long there

YS9

It has broken out in weekly ratio chart which gives us signal that BNF will outperform Nifty in coming days. As its more volatile than NF, any breakdown of the breakout zone should be consider at strict SL

YS9

It is at good support level. Already tested many time. Resistance is also tested many times. Break of any of the level can give good opportunities.

YS9

After breakout, it will give good outperformance. But wait till it confirm as if breakout is failed then there will sharp down side in this counter

YS9

Midcaps are at inflexion point. From here it may starts good outperformance. But let's wait for breakout and then go for it

YS9

Ratio chart suggests that CNX MNC to outperform NIFTY in coming times. One can find good trending stocks in MNC space for good risk reward

YS9

Short Trade may be initiated with SL of 71551 may be initiated. Some pull back can be expected here and 61% Fib retracement is also pending so if it works well target of 60k can be expected.

YS9

It has broken out the base and retest the breakout zone once. I am again expecting it to touch level of 56100-56300. There is also a gap. It may be possible that it may not come back here and it will be run away break. Let's See. Previously it has come near to breakout trendline

YS9

It is showing the strength. Generally in weak market Pharma & FMCG show strength. Any follow up here will give good upside in no time. Just keep strong counters in watchlist or one may try with heavily beaten up stocks from the sectors. Heavily beaten down will give far more risk adjusted returns than stock which are strong but to catch the falling knife is really...

YS9

39700 seems the hurdle point as of now. Once it is taken out some good rally can be seen. Set up of banks are such that 39700 will be taken out. Hence some bullish view can be played here on. Hard SL is to be kept below 38900 in any case.

YS9

Bottom fishing in reliance can be done with SL of last green bar. It is going down for many days and today's set up for nifty also looks good. Major banks are reliance are showing strength hence some relief can be seen in falling NIFTY also.

YS9

This is stock from strong sector NIFTY CPSE which has broken out from good base. Some long opportunities may be traded on long side in this stock as well

YS9

It has broken out from old consolidation high 2800. Strong stocks under this sector should give good returns.

YS9

It seems broking out all time high for the whole sector is it is crosses above 4700 level. This is yearly chart and there is huge consolidation since 2007. If broken out then it may create huge wealth for investors.

YS9

Generally, gold and silver goes in tandem. Hence, gold is expected to go up so same may be correct for Silver. But here problem is that it has not yet broken the consolidation zone so there are chances of testing lower side of the line. As gold seems bullish what we can do here is that long can be taken with SL of recent low of the week i.e. around 61000. If that...

YS9

It seems that gold has retested the triangle and now ready for further up move. Till it is above the triangle line all long side trades can be taken. I am just sharing my trend view. Trade can be taken based on individua set up, signal or indicator.

YS9

One more support for bull case scenario for NIFTY is DXY closing below 106 level. Till it below 106, long side may have better risk reward in case of Indian stocks. Two things are to be looked into DXY below 106 and VIX below 16. That will surely help bulls. One more important parameter is to be watched for is 10 Year G-Sec. It must stay below 7.50% for any upside...

YS9

It should not cross level of 16 for any good bull case scenario. Till it is within the triangle long can be think of selectively in strong sector with strong fundamentals.