MAX HEALTHCARE - Short-term Trend Analysis - Price action 1. Good breakout happen a week ago, and now at the retracement lower level. 2. Should not breach this level, it breach means it will be on the downtrend. 3. If the stock opens and closes above 376, then the stock 1st target will be 388 and the 2nd target is 420 4. Only for the swing trade, strictly not for...
Dalmia Bharat Ltd - Short-term Swing 1. Cup with Handle pattern formed. 2. Once it crosses 1640 it will start firing... 3. Target will be 1980 to 2000 4. Between it has a resistance at 1800. 5. If the stocks move downwards, below 1470 we have a stop loss. 6. based on the market condition it will in a positive direction.... fingers crossed... Note: 1. I’m not a...
INDIABULLS REAL ESTATE - Short-term Price action Analysis 1. It's forming a triangle pattern, let's watch will it breaks up or downwards. 2. If it breaks upwards, there is the short rally 69 is the first target and then 75 is the second target. 3. If it breaks downwards 48 will be the support. 4. This stock is not good at fundamentals, but it may get the good...
INDUSTOWER - Short-term uptrend 1. It breaches the primary trend downwards, but now it breaks the brearish pattern upwards and forms the inverted head and shoulder pattern. 2. Short-term rally already started, the target is 260. 3. Fundamentally good stock to hold for the long term, but now it's on the downtrend so avoid it for the long term. Note: 1. I’m not a...
DHAMPUR SUGAR MILL - Short-term Trend analysis 1. V shape recovery, it falls more than 65% from the all-time high... 2. It May be in the over-bath zone. 3. If the stock opens and closes at more than 234 then it may have a short-term up rally. 4. Target is 317 if the market trend reversal. 5. Fundamentally good stock, maybe we can hold for the mid-term for a good...
RELIANCE - Bullish trend 1. have good support at 2540 2. Now in a small downtrend, Looks like it will move upwards If the market trend reverses before it crosses 2540. 3. If the downtrend continues another support at 2420. 4. First target will be 2800 if the market reverse. Note: 1. I’m not a SEBI Registered advisor, my views are personal and for educational...
COFORGE - Short-term Bearish trend 1. It cuts the secondary trend support and the primary trend resistance as well. 2. next support will be in 1890. 3. Buy once it touches 1890, hopes the market trend reversal at the same time. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only. 2. Always check with your...
HDFC BANK - Trend Analysis for long term Investors 1. Golden ratio at 1110, It's a golden apportionment for the invertors to accumulate at this level. 2. It's not yet broken the 1st support at 1290. 3. Based on the NIFTY BANK weakness, the upcoming week will be more pressure on this bank. 4. Next support zones are 1275,1175 and 1110 respectively. 5. FII Slightly...
NIFTY METAL - Bearish zone 1. It breaks the 1st support zone 4830 on the downside this week. 2. In a bear trap, the next support will be at 4490, and 4200 respectively. 3. Till it gets support most of the metal sector will be in a downtrend in upcoming weeks. 4. Example: TATA Steel will be on a more downtrend in upcoming weeks. Note: 1. I’m not a SEBI Registered...
NIFTY 50 - Next Support zones 1. In a week it breaks 3 support zones. 2. Next support will be at 14900 and 14500. 3. After 6 months of distribution now strong bearish trend breakout starts on June month candle. 4. Fingers crossed it will stop before 14500, If not the market will get more panic. 5. Start doing hedging, and short-covering to mitigate your...
BPCL - Trend and Support zones analysis 1. Very Week in weekly candles, Almost breaks the current support of the primary trend. 2. It should bounce back above 310 for the next uptrend before the monthly candle closing. 3. If not it will fall down to the 2020 crash number. 4. If not bouns back then the next supports are 300, 275, and 255 respectively. Note: 1....
LAURUS LAB - Bullish 1. Have strong support at 450, If it breaks 450 very tough to recover. 2. If the market trend reverses the 1st target will be 530. 3. If 530 trend breaks out the next target will be 620. 4. If 620 target breaks and opens and close above the primary trendline... the stock will fly to 900. Note: 1. I’m not a SEBI Registered advisor, my views...