urnaveen

urnaveen

CDSL is trading just below 200 Day Moving Average(DMA) 1426. It is trading above 100, 50, & 20 DMAs. Considering the overall upward momentum in the market to continue, we may expect CDSL to take out 200DMA and move above. The immediate short-term (up to 3months) we may expect CDSL to move towards1426/1475/1518). In medium-term (upto 6 months)1629 is a possibility....

urnaveen

The Stock is just below 200 day moving average and trying to move upside. As per Fixed Range Volume Profile the balance lies around 508 while going down. Fibonacci Golden Ratio value is around 483. All the other shorter Moving Averages have turned looking upward. It can be expected that the stock has potential to take out ATH of 617 in Medium to Long Term (6 to...

urnaveen

From Moving Averages perspective CDSL is trading just above 20 &50 DMAs(177/1199) and below 100 & 200 DMAs (1447/1411). From Fibonacci Retracements, it is just below 0.236 level and due for a bounce back to 0.5/0.618 levels (1518/1629). Considering that the swing bottom is in place for the market as well as CDSL, one can expect a move towards 1400 followed by...

urnaveen

Just Before US Tariff Announcement, Indian Markets have broken the Trend Line started in September 2024 from down side and on the path to recovery. After the Tariff Announcement, Japan, EU and US markets have bled and Indian market was not an exception. Under Normal conditions, NIFTY is expected to reverse the correction and move upwards from 0.618/0.5 Fibonacci...

urnaveen Updated 

1) ZOMATO is trading well above the listing price (115 to 138). 2) The stock is almost near it's All Time High of 169. 3) Moving Average Cross-Overs ( 20, 50, 100 & 200 ) indicate Positive Territory. 4) Consistent Volumes indicate good interest (Demand) in Stock. 5) Parameters from Fundamental Analysis also show improvement. 6) Worst Case Scenario Rs 65 on...

urnaveen

On Monthly & Weekly Chart, it is getting ready to Break-Out. Supported by decent Volume as well! 186/195/214/225/255/++

urnaveen

SML ISUZU Ready To Break Out from 9 years trading range.

urnaveen

Break Out is supported by strong Volume.. In case of a failed Break-Out, 400 to 405 likely to act as strong support!

urnaveen Updated 

So far High made is 214. 189 is now a decent support on down-side. Break-Out with good Volumes on Daily and Weekly Charts..

urnaveen Updated 

BHEL broken out on Monthly, Weekly and Daily Charts! Immediate Possible Targets 150/165. Enjoy The Ride :))

urnaveen

Breaking trend line resistance too. possible immediate up-side 141 +. Good Support is seen around 92 to 102 Zone!

urnaveen

REC has broken out of 15 years range and going up like a rocket. If one looks at 6months/3months/1month charts, I am sure you definitely get surprised! Strong Momentum so far.. Shall I call this Momentum/Madness/Exuberance?

urnaveen

BANK NIFTY Moving Towards 44960 to 44980 Levels In A Trading Day Or Two!

urnaveen Updated 

On weekly timeframe chart RAILTEL is near resistance line. Break-Out is long awaited in the stock! I will update the possible levels on upside once the break-out is confirmed!!

urnaveen

UP-Side: 44610/44668/Break Out-->>44784/44820 Down-Side: 44484/44430/44310/44200/44144 Most Likely Range: 44668 to 44310 What is your view?

urnaveen Updated 

BHEL is ready to go up to 60/69/74 in Medium to Long Term. Volume also confirms.

urnaveen

Levels to watch out: Up-Side : 44351 Down-Side: 43600/43450 When and What Type of Trade: When BANK NIFTY goes near 44250 to 44350 range, I prefer to take a trade on down-side for the levels mentioned above. What about you?

urnaveen Updated 

Looking For an Up-Side Level of 44484. Looking For a Down-Side Level of 43984/73862. I would prefer to take a down side trade when BANK NIFTY trades near 44380 to 44480. Trade on Up-Side only above 44484 when BANK NIFTY sustains there for 15 to 20 minutes! What is your view?