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...
On Monthly & Weekly Chart, it is getting ready to Break-Out. Supported by decent Volume as well! 186/195/214/225/255/++
SML ISUZU Ready To Break Out from 9 years trading range.
Break Out is supported by strong Volume.. In case of a failed Break-Out, 400 to 405 likely to act as strong support!
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..
BHEL broken out on Monthly, Weekly and Daily Charts! Immediate Possible Targets 150/165. Enjoy The Ride :))
Breaking trend line resistance too. possible immediate up-side 141 +. Good Support is seen around 92 to 102 Zone!
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?
BANK NIFTY Moving Towards 44960 to 44980 Levels In A Trading Day Or Two!
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!!
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?
BHEL is ready to go up to 60/69/74 in Medium to Long Term. Volume also confirms.
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?
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?
Level to watch on Up-Side 44745. Level on Down-Side 44165 to 44144. I prefer to take a position on down-side once BANK NIFTY trades near 44650 to 44720 with a strict stop loss if BANK NIFTY stays above 44750 for 5 to 10 minutes!! What about You?
Axis Bank : As per Monthly & Weekly Charts, Profit Booking Coming In. Correction towards 965 to 950 levels is possible now!
Gap is now filled. Possible levels upto 44735 on up side & 44144/43965 on down side!
Axis Bank is near top-end of rising channel both on Weekly and Monthly Charts. Be cautious on Up-Side!! Profit Booking Coming In Most likely!! Levels Self-Explanatory