Nifty after making a low at 4814 for 3 days in a row than feeling Resistance now at 4950 levels,As a common saying in Previous support become resistance it is proved again in charts shown above.But it would be a good to be on long side as FII bought heavily in Index Futures today in… Read More »
These type of trades are easy to trade as breakout has happen wait for stock come to support level of 123-25 range or let it cross today’s high of 132 and it will brezze for a tgt of 136 140 and 148 in this week
The candlestick on the daily charts indicates an‘Engulfing Bull’ characterized by a large white real body engulfing a preceding small real body, appearsduring a downtrend which is an important bottom reversal signal and a implies a comeback by bull. It signifies that the downtrend is now losing momentum and the bulls started to take the… Read More »
Nifty daily charts are attached her by 1. Nifty has for formed a Bullish Hammer Formation 2. The significance of this pattern will be confirmed on Monday if we see a white candle or nifty opening gap up and sustaining that move.3. Nifty futures has left a bear gap between 4976 and 4964. This gap… Read More »
Stock has shown a strong support at 100 EMA in dec crash and this crash also showing a very good and strong support,It took support at 965 and showed a bounced with rising volume showing bulls are having good upper hand on this counter,Buy on dips till 100 EMA holds Levels to be watched buy… Read More »
Strides Acrolab is showing good moves and is showing bullish channel from a low of 154 to a high of 312.Stock is trading above its 5 EMA and takinf support at 20 SMA which is being shown in charts as above,Stock is a buy on dip canditate. It faces channel resistance at 288-92 range.Once that… Read More »
Aban formed a double bottom on daily charts.Good support is a the levels of Rs 1122-42 levels and double bottom formation is visible on charts.Trade with a positive bias in this stock. Levels which needs to be watched out on the upside are 1251 1297 and 1380
Nifty if we take fibo retracement of 5320 from 4539 Golden Ratio of 61.8% Retracement comes at 4828 Area This should provide good support. Resistance at 4930 and 4980 (200 SMA) Region
Selling accepted in DCHL if it breaks 161 Target for Intra 159 and 156
Hi All, Today my Maternal Grandma expired in morning at 6:30AM.Request you all to pray for her soul to be rested in peace. Thanaks All