alokdaiya

alokdaiya

Dear All, Fortunately after yesterday’s trading session, we have once again witnessed a positive closing of 17929.85 from Nifty. Wherein, notably the index had taken a very beautiful support from our crucial stated level of 17800, yesterday. The same stated level of 17800, which is repeatedly playing a very significant role as a Resistance and a Support for...

alokdaiya

Dear All, Once again in the yesterday's trading session, we had got to witness how crucial the level of 17800 has become for Nifty. Wherein a strong Resistance is being faced at this level. As even yesterday, Nifty gave us a closing of 17770.90. So somehow Nifty seems to be struggling at around this level of 17800. Therefore, it has now become very important...

alokdaiya

Dear All, As we told you on last Monday, about witnessing the formation of a Piercing Pattern on the weekly chart of Nifty, which was somehow indicating a bounce back in the Market. Fortunately, thereafter, we did witness a beautiful weekly closing of above 17800 in Nifty. So for now, with the support of 17320, the level of 18170 will be our Resistance level...

alokdaiya

Dear All, Fortunately, we got to witness a closing of above 17800 for two consecutive days. This altogether, strengthens our expectations towards the level of 18170 for the near term. However, it will be suggested to keep patience for now, since today is the last trading day of this week. As, the weekly closing will somehow help us to understand the Market's...

alokdaiya

Dear All, What a beautiful day it was yesterday, which seemed like a perfect “8 ke thaat”. Wherein Nifty had given a beautiful closing of above 17800. Just as we had stated in our weekly analysis on Monday itself, similarly, perfect Piercing Pattern on the weekly chart can push the index towards the level of 17800 and then further to 18170. Moreover, a...

alokdaiya

Dear All, Just as we had stated yesterday, similarly we did witness some selling pressure in the Market yesterday itself. Wherein, once again even after making a high of 17811.15 in the initial Market hours yesterday, Nifty failed to sustain above its stated Resistance level of 17800 and ultimately gave a closing of 17721.50 Therefore, we can observe the...

alokdaiya

Dear All, On observing yesterday’s market momentum, where Nifty had made a high of 17823.70 but had somehow failed to sustain above the level due to selling pressure. We can altogether see how crucial is the level of 17800 for the Market. Once again, Nifty seems to be finding difficulty to stably cross over the stated Resistance level of 17800. Moreover, on...

alokdaiya

Dear All, Finally we got to witness a beautiful week. Moreover, just as we had stated earlier that support = resistance and resistance = support, similarly, the level of 17800 which was earlier a Support is now a level of Resistance for the Market, which was beautifully achieved by Nifty on last Friday. As of now, on a weekly basis we can observe a Piercing...

alokdaiya

The journey from 17270 to 17720, which we call as a sharp rally, has undoubtedly shown a good strength in the Market, as the index has shown a beautiful rally of approx 500 points in just last 5 days. Well for now, since it’s the time of Festival season and we have got just 3 full trading days this week, so it will better to stay cautious and to be stock specific...

alokdaiya

CARERATING seems to look positive on the chart, currently at around 615. It is being expected that the stock can initially face a Resistance at around the levels of 651, 678 and 720. Whereas on the downside levels, it can face a support at around the level of 602 on a closing basis. Disclaimer: No financial information whatsoever published here, should be...

01:09

alokdaiya Updated 

As per the 2H Chart of WIPRO, we're expecting a Bullish Momentum in the Stock, where from its Current Market Price of 638.40, the stock is being expected to initially face a resistance at the levels of 645.05, 652.25, and at around 658.75. In addition to this, the stock may face a support at the level of 633.55, on a closing basis. Disclaimer: No financial...

01:08

alokdaiya Updated 

As per the 1H Chart of TATACOFFEE, we're expecting a Bullish Momentum in the Stock, where from its Current Market Price of 213, the stock is being expected to initially face a resistance at the levels of 215.50, 219.85, and at around 223.15. In addition to this, the stock may face a support at the level of 207.80, on a closing basis. Disclaimer: No financial...

01:14

alokdaiya

As per the 2H Chart of LUPIN, Expecting a Bullish Momentum in the Stock, where from its CMP of 891.65, the stock can initially face a resistance at the levels of 905.15, 913.90, and 924.80. In addition to this, the stock may face a support at the level of 883. Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy...

01:19

alokdaiya Updated 

On the 1 Hour Chart of AARTIIND, we can witness a beautiful Bullish Reversal Pattern Formation of "Bullish Harami" on the downside levels. Thereby, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to initially face a resistance at the levels of 965.85, 977.20, and 995.15. In addition to this, the...

01:10

alokdaiya

On the 1 Hour Chart of SUNPHARMA, we can see some beautiful bullish Formations of "Bullish Harami", "Hammer" as well as "Inverted Hammer" on the downside levels of the stock. Thereby, indicating a very strong bullish momentum in next trading sessions. In addition to this, the stock seems to be facing a support at the level of 746.25. As plotted and explained in...

alokdaiya Updated 

Stock is currently trading at half of the pole of Flag Pattern, a healthy pullback zone of paytm. we are quite bullish on the stock at this level with following resistances and support.

01:45

alokdaiya Updated 

A Beautiful Formation of "Bullish Harami" has been observed on the 1Day chart of BURGER KING INDIA LIMITED. Hence, a bullish momentum is being expected in the stock during the next trading session dated, 3rd of December, 2021. In addition to this, once again after June 2021, the stock seems to be facing a very strong support at the level of 144.65. As plotted and...

01:27

alokdaiya Updated 

A Beautiful Formation of "Rising Three Methods", has been observed on the 1H chart of ZEEL ENTERTAINMENT. Hence, a bullish momentum is being expected in the stock during the next trading session dated, 2nd of December, 2021. In addition to this, since the 16th of November, 2021, the stock has finally given a good breakout today, above the level of its resistance...