SAIL - 60.25. It is in bullish mode. Trading above trendline supports. Can go up to 64.25, 67.9, 82.75, 100+ with a sl of 58 below on CLBS. RSI also in bullish mode. This is for educational purpose only.
NTPC-CMP 100.45 - Cup and handle pattern. It can go up to 109, 115, 121, 125 with a closing SL below 93.45. This is for educational purpose and any investment shall be done after consulting financial expert. Similar pattern has been noticed in case of Vodafone idea case around a month ago when it was at 10.05 and now it is 13.8 almost 38% rise in one month and...
PNB - 37.0, PNB has gone through rounding bottom pattern. Depth of the cup is 7.35 points. The target is depth of the cup plus price of the cup top = 33.95+7.35 = 41.3. It exactly went up to 41.25 and reversed from there. Then comes how much retracement shall happen. If you take Fibonacci retracement levels the last retracement level is 61.8% of total rise. Here...
Bank Baroda - CMP 75.25, It has channel break out with volumes. Today when market corrected it just took the support of upper edge of rising channel and reversed. It is going to see the levels of 75, 80, 86, 92 with a stop loss of 67. Another point to note is that MACD line has crossed signal line yesterday which is the start of rising trend. On earlier occasion...
Banknifty CMP 32084. It is on verge of break out. It is in rising channel. Monday or Next week it may breakout and cross its all time high of 32613 soon. It is for purely educational purpose and investment done shall be done with the advice of financial consultant.
NTPC- CMP 100.15 . Cup and handle pattern is in formation. But it has got minor resistance at 101.6 f it crosses with good volumes then it can reach to the targets of 116.35 as per cup and handle pattern and 123.5 subsequently in longer time frame. SL can be 97 on CLBS and 94 on intraday basis. This is for educational purpose and if any trade is done it shall be...
Federal Bank- CMP 75.65- Chart indicates break out in ascending channel with huge volumes. This is positive sign for stock and can go up to 80 easily then after some pause it can go further to 85, 90, 96, 108 with a stop loss of 71. This is purely for educational purpose and shall be traded after consulting financial expert.
NMDC- CMP 123.25 - NMDC has made a cup and handle breakout yesterday with good cash volumes and OI rise in futures. It can go up to 131, 138 with a SL of 120. This is for educational purpose only and any investment done shall be with the advice of financial expert.
MGL - CMP 1096. It is on break out. It has cleared many resistance points with huge cash volumes and rise in OI. It is on breakout with bowl formation. Can reach targets of 1190 and 1245, 1300. This is purely for educational purpose, any investment shall be done after consulting financial expert.
Crude is on break out??? It is purely for educational purpose.
Ujaas- CMP 2.75. 1) It is a company engaged in Solar Power Business. Recently it has been referred NCLT for insolvency process and is under NCL , process is on. 2) It is into the business of building Solar projects in large scale and also at home on roof tops 3) It has got Electric scooter in operation and was doing good business 4) It is into losses for few...
BankBaroda- CMP 65.6. It is bullish for past few days but now in consolidation mode. MACD blue line is going to cross red line which is very positive for upward movement of stock. Check up the previous instances whenever MACD blue crosses red line, price goes up. Above 67 it shall go to 74 and 86. This is purely for educational purpose and any investmade shall be...
VEDL - CMP 167.4 can be taken with a sl of 158 CLBS for a target of 174.65, 190.35, 200++. It is on flag break out with good volumes. Above 174 breakout can be confirmed. This is for educational purpose and any investment shall be done after taking financial expert avice.
Ujaas - CMP 2.75. 1) It is a company engaged in Solar Power Business. Recently it has been referred NCLT for insolvency process and is under NCL, process is on. 2) It is into the business of building Solar projects in large scale and also at home on roof tops 3) It has got Electric scooter in operation and was doing good business 4) It is into losses for few...
Canara Bank- 133.3 - It has fallen from a recent high of 141, taken support and is raising again. It can go up to 141, 175, 190 in long term with a SL of 120. This is purely for educational purpose and consult your financial expert before taking investment decision.
Gail - CMP 123.65. Gail has taken support on trend line and is on increasing trend. It can be bought with SL of 113 for a target of 133, 137, 142++. All my views are educational purpose and consult your financial expert before making ny investment.
3I infotech- CMP 6.75, It is on breakout and trading above the channel break out. Its RSI and MACD are also signaling buy. It may go to the levels of 8.8 and above soon. This is for educational purpose and any trade shall be done in consultation with financial experts.
3i infotech- CMP 4.7 - It is in bullish mode. A profit making software company 10 rupees paid up share available at this price. As per chart it can up to 5, 6, 8.85, 9.75, 13 in short to long term. A bowl formation on long term charts. It is for educational purpose and for making any financial investment consult financial experts. I am holding these shares at an...