BSE
Nifty-50 │ Analysis :- 02-11-2021Hello, Guys! Nifty-50 Is on Bullish Trend
Date:- 02-11-2021
Nifty Closing :- 18066 { ( Near- Closing) 3:30 PM }
STOP-LOSS :- 17907
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KIRLOSENG, 1:9 risk reward masssive potentialKirloseng has been in a beraish move for quite long time and recently there was good amount of buying seen, if the momentum continues like this we can see it breaking its 52 week high, hold tight and ride the scale,
Guy seeing the risk rewards i myslef have invested 1.1 cr in this. Lets make it together. If you like my idea do give a thumbs up as it take a lot of time to scan good stocks.. thank you so much everyone
Indian bank technical chant patternIndian bank has created beautiful reverse head and shoulder traditional chart pattern. Based on this technical chart pattern, target is very high.
The support this target, Fundamental of Indian bank also supports here because this bank's book value is more than 300.
YESBANK trading at strong support levelYESBANK is available at all time low price. It's trading at 10.90 which is price seen before almost year at 28th July 2020. After touchinig this level, it showed strong rally and almost reaches at 20. There might chance we see more volume seen at upcoming days and will show same rally as before.
ZEE Entertainment Ltd Short Term ReversalThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
SL is placed below major support zone and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal
MOIL Short Term Reversal TradeThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones and target is place near swing and channel high.
Imp: Earnings will be disclosed during the trade duration. If not good or the trendline and 200 ema are broken after results, it may be a better option to exit.
Note: As the market is under selling pressure, enter only after confirming a reversal.