ssudhirsharma11

ssudhirsharma11 Updated 

Divis lab on daily time frame has made a rounding bottom or cup n handle pattern. Also it has closed above trend line resistance of 3712. Once it manages to sustain above 3813 then it can try to touch 3974/4120/4331/4527. Once 4100 is crossed I will bring my trail sl either at cost or at 3974 to avoid any loss in this trade. Let's see if Divis listens to my...

ssudhirsharma11 Updated 

Tata chem is moving in a tight range Since Apr'23 and making higher low's but not higher high. In my opinion going long at 970 with small SL below 940. We can add till 950 also or enter at 947/950 to reduce risk in the trade, on upside targets can be 1) 1021 2) 1039 3) once 1039 is crossed bring SL to cost or 1021 to ensure no loss in the trade. I think spring...

ssudhirsharma11

Naukri on daily time frame has reached its resistance of 4544 which it has not crossed since Aug'23. Pattern-wise, I can see cup & handle formation but RSI is also at its resistance level of 72.64. So I will plan to go short tomorrow if there is any sign of reversal at 4550/4580 level where my SL will be very small. If price can sustain above 4577 at least for 1...

ssudhirsharma11 Updated 

NMDC on weekly time frame is making a pattern named after a popular shampoo brand, "Head & shoulders :). Generally in Inverted head shoulder pattern breakout we can calculate the target basis range breakout method, so according to me above 134.5 it should touch 191 in coming months. But before touching 191 there are multiple resistances at 142/150/157/169, so we...