subravi
Nifty 24334 - Has hit the trend resistance. Though tried to pass many times it closed below the magic 24349. 24280 would be the gate for bear zone to 23300. Well Played Bulls .. All the best Bears..
BEL 314 has given breakout . Support at 290. Target 380. Valuation Good Dividend payout across aerospace sector FII's have increased stake hold. In April 2025, has got 2 orders. India's Bharat Electronics gains on 22-bln rupee order win from Airforce BEL - GETS ORDER WORTH 5.93 BILLION RUPEES P/E is at 46 while sector P/E is at 60 10 Years ROE is 20%
Nifty 24335 has DAY resistance at 24560 and Support at 24070. Intraday Resistance at 23449. As Nifty has closed below the resistance we expect Nifty to go down by 200 points
Silver 96150 is forming a HS pattern in daily charts expected to test 94000 in coming days. Further weakness would take it to 86000 .
HUDCO 226 is forming a inverted HS pattern in chart. Good to buy at 198-200 for target 260 FII's have increased their stake. Healthy dividend payout
Nifty 24328 has given a V Top Pattern which is a reversal pattern. Neck Line is at 23960.
BNF 54664 has given V top pattern which is a reverse signal has support at 53634. We expect it would get broken and BNF will drop to 49000.
Reliance 1204 - Is at Phase D and good for accumulation. Target 1325
Nifty 24039 has hit the resistsance and shown reversing signals. A drop to 22600 is imminent. If taregt1 unable to hold target 2 would be 21400.
Gold 94032 has given a V Top reversal pattern which has neckline at 93986 and support at 91248.
Nifty 24246 has hold on support 22240. As long as it holds the support on daily close basis could move towards 24572 on daily close basis
Gold 94751 is moving in a v top formation where support is at 87417
Nifty has given rounding top pattern which has 24780 as it's climax resistance on close basis.resistance wil decrease as days pass by.
Wipro 243 is showing dead cat bounce pattern.support is at 236. Breakdown would be ake to 206
We are happy we could get the trend of gold finally. As we had posted yesterday though gold moved higher to 99358 intraday lost its gain 2000 and finally closed below the resistance 98582 we had mentioned. Today we expect Gold close would be below 98073 and more possibility to get corrected to test the imbalance at...
Nifty 24167 has given possibly for an evening star pattern. Support is at 23628 and if tomorrow's trade was below 24164 it will confirm the evening star pattern and would open the bearish gate. FII's have added Future contracts while winding up PUTS . 78 K Net contracts are yet to be closed by FII's So we expect Nifty will be moved up to complete the...
Jubliant foodworks (695 ) has given breakout from round bottom pattern after completing pllback test. We expect it will move to 860 in coming days. News : Jubilant Foodworks Gets Order Demands GST Of 27.2 Million Rupees ROE at 19% Compounded 10 years Sales Growth at 13% Dividend payout of 20.4%
Nifty 24125 is on the verge of Fibonacci resistance 24134 coinciding with the rounding top pattern in weekly charts. FII's have added Position in Nifty while they have windup their longs We expect Nifty will drop to 0.618 fib support 23697 before gain strength.