Bitcoin is looking bullish on weekly chart. Rsi has just turn positive and it is on very breaking a trend line. Above 44000 bitcoin can move upto zone of 70000 and 73000 by Mid June 2022. If it breaking 73000 then it can touch 89000.
IN BLUE line is a roadmap/ forecast for USDINR given . According to it by mid July USDINR can touch between 71.5 to 72.5 and some where there it should top out for this year. After that it should come down between 68 and 69 by end of October. Then in end of the year should move little high or stay sideways. This forecast is a roadmap how I expect USDINR to ...
Maruti now seems to in a mode of reversal and have strong support around 7150. So one can Initiate Long trade around 7320 with stoploss of 7150 for target of 7570 and 7660 in next few weeks Disclaimer: Views are only for educational purpose. It is no recommendation for Buy, Sell or hold any stocks or indices
Maruti is showing strength after hitting it support at lower levels. One can go Long/Buy above 7625 with stoploss of 7470 for target of 7900. If it closes above 7900 then it can move to levels of 8200 in next few weeks Disclaimer: These are educational views and no recommendation to Buy, Sell or Hold any script or Index
Maruti right now consolidating between 7250 and 7550 zone in short term . Any break of his level will set its direction for next month series. Close above 7550 will take maruti towards 7900 levels in dec series. On downside it has strong support around 7250 and 7050. At present it is highly unlikely it will trade below 7050. One can go long at present around 7430...
Ujjivan is looking bullish and it has given a breakout on daily chart. So one can go long around 245 with stoploss of 200 for target of 345 by end of January. This month tgt of 385. Above 267 it will gain bullish momentum Disclaimer: View are for educational purpose only. It is no recommendation to Buy , Sell or Hold.
INDUSIND Bank is looking bullish and has given a Breakout on 4 hrs chart. So one can initiate Bu here around 1560 with stoploss of 1500 for tgt of 1660 in coming weeks. Disclaimer: View shared here are only for educational purpose and are no recommendation to buy , sell or hold any stock/indices
Tatamotors in recent time has taken a severe beating in the market. But now it seems all the negative is in the price and now it is ready for some serious bounce back. One can go long around 196 with stoploss of 170 for target of 245 in coming weeks. Above 206 it will gain more momentum. Disclaimer: View expressed here are only for educational purpose and it...
BAJFINANCE is showing strength on 4 hrs chart. One can initiate a long call above 2385 with stop loss of 2150 for target of 2670 in coming weeks. This trade is only for bounce back otherwise overall market sentiment is very weak and I expect further fall in the market in coming months. disclaimer: Ideas shared here are only for educational purpose. It is no...
Maruti has strong support around 6650 zone and it is trying to move up from here. So one can initiate long from here with stoploss of 6620. But as Market is not supported hedge this long position by buying next month 6500 or 6000 put. and trade for target of 7400. Disclaimer: view expressed are only for educational purpose and is no recommendation to buy sell...
Nifty is gaining little momentum and ha potential to touch 10840 and 10920 levels in this pull back rally. So Can initiate Long/Buy around 10580 with stoploss of 10340 for 1t tgt of 10840 and 2nd tgt of 10920. Disclaimer: Opinion expressed are only for educational purpose and it is no recommendation to Buy, Sell or Hold any stock/index
Maruti is now showing lot of support around 6700 levels. So now one can initiate long/buy at present price of 7150 for tgt of 7500 and 7800 with stoploss of 6850. Disclaimer: View expressed here are for educational purpose only. It is no recommendation for any buy, sell or hold any stock.
Eicher motor which was in very strong uptrend till few months ago has become very weak on monthly chart and is in total bear grip. It has full potential to touch 17800 and then 14500 levels in coming weeks. Its trading strategy should be to sell on very rise till it show some trend reversal. Disclaimer: Views are only for educational purpose to study the...
Today Nifty long term charts got seriously damage when it start trading below 10750. If it closes below it then nifty is in serious trouble in coming days. It can go down to the level of 10300 in next few weeks . Now Nifty trading strategy should be to sell on any rise. disclaimer: views are only for educational purpose to study the market behaviour. It is...
Indiabull housing finance is still weak in NBFC space like bajaj finance whose chart I have already discussed . IBULHSGFIN showed some strength yesterday but it is still not out of the woods and it is good short on very rise with tight stoploss of 1040 for target of atleast 800 in coming days. Disclaimer : Views are just for educational purpose. It is no...
Bajaj finance has become weak on weekly and monthly chart and has broken very important level of 2325. Now as long as it is below 2325 it has full potential to go to the level of 1900 in coming days. And below 1900 it can see levels of 1600 in coming months. So trading strategy should be to sell on every rise below 2325 with stoploss of 2350. Above 2350 it will be...
Reliance capital more or less is on weak ground for last many months looking at its long term chart. But this week it has arrived at a very crucial level of 330. If it trades below it then it has full potential to test levels of 260 and below this 170. So in coming week stay short below 330 for target of 260 and long above 330 keeping stoploss of 325 for target...
MARUTI this week has enter in a danger zone of 8220 to 8400. On weekly chart it has become very week and is on a verge of major breakdown below 8220. If it closes below 8220 then it has potential to slide upto 7400 levels in next few months. It might get little support around 8100 levels but any close below it will break it. To be out of this danger zone it needs...