Hey Guys, Can make big money on this. Very strong Fundamentals, No big competitors, Hugh market share. Grab a piece to enjoy a good profit (I would say 1 normal quarter will change the game) Near to the buying zone: Stock is moving in to the Following pattern, Volume in recent times were high. Bollinger Band: Fib Re: Thanks, Let me know if you have...
Hey Guys, One of the Market leader in the segment, Having very strong fundamentals, Looking at the chart: looks like current level is a strong support. it will give a multifold return if you hold for long term, Levels and Targets are as mention on chart, pivot point also showing great support at current level, RSI is consolidating at current level. so the...
Hey Guys, TCS is Market leader in its sector, A very strong fundamental and management. Recommended for long term. Very good dividend yield. RSI: Whenever RSI shows stock is overbought the price suffer rejection from to top levels. EMA: 200EMA looks like very strong support, price has taken support so many times in past. Bollinger Band: price faces...
Hey Guys, In this Post: Technical Analysis of IndiaMart & Technical View On Nifty. IndiaMART Intermesh: IndiaMART is India's largest online B2B marketplace, connecting buyers with suppliers. www.indiamart.com Has no competitor in this sector. NO Debt- No Pledging FII & DII Has increased its stack in last quarter. EMA : Price almost travel with 20 EMA, it is...
Hey Guys, Global indication are negative, Dow was weak on last session, But showing some positive indication on futures. Nifty is future showing negative opening. Nifty option chain Data showing strongest resistance is 10500, 10600 respectively. Strongest support is 10000 a huge call writing can be observed. For this week according to the data, Nifty will move...
Hey Guys, According to option chain data - Nifty looks confuse, Nifty has very tough resistance at the level of 10500, 10600. support: if nifty breaks the 10300 level, 10200 & 10100 are very good support, according to data Nifty will not break 10000 level (Ultra high call writing) Global Market Indication: last trading session Dow corrected more than 700...
Hey Guys, Please Support - Hit Like. A Bearish candlestick pattern called Three Black Crows has been found in Daily chart pattern of Relaxo Footwears. Everyone is aware of Corona Virus Pandemic, and it's effect. Company has publish very poor numbers in last quarter. (Target as below) In last trading session price breach 50 EMA but eventually closes just above....
Hey Guys, Please Support - Hit Like. Financial sector will be weaker in near term, Although if you remain stock specific you can gain some short term benefit. Here is an example of Bajaj Finance Ltd. One of the leading NBFCs. Price has break upper band of the Wedge pattern and RSI + MACD is giving Bullish indications. When ever The price has come to the Demand...
Hey Guys, Please Support - Hit Like. HDFC AMC : One of Major listed AMCs, which has strong fundamentals and It's parenting company is India's one of the best housing finance company (HDFC Ltd). HDFC AMC has proven it's capacity of giving healthy returns. Good dividend yield. It has faced more than 30-35% correction in it's price due to covid-19. In current time...
Hey Guys, Please Support - Hit Like. I just notice Nifty Bank is making (W) or Double Top pattern on weekly chart. Last time when Nifty Bank was at the same level It showed reversal. There was a selling pressure in last trading session also. MACD is showing bullish reversal by making a green bar over histogram line. RSI gives neutral indication. Nifty Bank...
Hey Guys, Please Support - Hit Like. Adding in my last post, Nifty showing good indication in Daily chart. Nifty is trying to take support over it's 100 EMA. It is a great to see both 100 EMA and 0.5 level of Fib Retracement Almost close, also according to Fib it's next resistance is 0.62 level, coincidentally 200 EMA also showing same level of resistance. RSI-...
Hey Guys, Please Support - Hit Like. Nifty showing Bullish indication on weekly charts, RSI- Getting strong and MACD showing bullish Reversal, This confirms Rally will continue for some more time. Option Chain analysis also showing that Market can be seen in green on Monday. hoping for the best. Be aware of weekly expiry. Fib Retracement- Nifty has broke 0.5...
Hey Guys, Please Support - Hit Like. Titan is a huge Brand, With Lots of outlets. But, Lock down has affected each and every sector. This is one of the favorite portfolio stock of big bull Rakesh Junjunwala, He holds nearly 10% of the company.(infact he has increased it's holding in last quarter. Focusing on the analysis, With announcement of opening up price...
Hey Guys, Please Support - Hit Like. As I have Discuss in my previous post, you can check out under my profile. (Trend Reversal for PVR). Price has achieved both the target very easily, now it's time for big money and next target, In this post I am introducing another two Targets as RSI getting stronger for swing Traders, I think it will be not that easy as it...
Hey Guys, please support - Hit Like. According to My studies, Kotak Bank has broke Trend lines, I have also mention first and second Short term Target. Also observing RSI level getting strong and after few days it will be in overbought zone. It is a chance to get quick 10-15% in 3-4 trading sessions. I want to also mention that it is not a great level to get in...
Hey Guys, Please Support - Hit Like. In the last trading session price stopped at it's past support which is now working as resistance, Looking into the past I see RSI was in the oversold zone and price boosted up, but now scenario has been Reversed, RSI is strong but almost reaching to overbought zone, price is also following trendlines so we can assume that it...
Hey Guys, Please support - Hit Like. Yes I did not spelled it wrong (Trap Line), While i was following Gail's chart, I found it has trap the investors at this same level, Please don't get into the trade unless until it decisively breaks the trend line with high volume, Also notice RSI getting stronger showing Bullish Trend Should to be continue. If it has to go...
Please Like, Here we can see Bullish Harami Pattern created in PVR Ltd, Stock was oversold according to RSI, now slowly moving up. I think it has made it's desirable bottom and looks good for long term, still we need to confirmation, high volume on green candle clearly shows the Bulls are getting all over the Bears, entering into trade with conformation will...