CSB68

CSB68

BSOFT :In the last 6 months tested 400 from its Sep,2024 high of 688,going by the price volume move at lower time frame intervals and FIB Retracement levels,i would like to bet and do sort of bottom fishing IF it MANAGES TO HOLD ABOVE 415 levels for a TGT1 of 450 TGT2 :480 TGT 3:500 TGT 4 :530+(For educational purpose only)

CSB68

NIFTY :Had a wonderful run this week and in the process successfully crossed all its critical Moving averages viz 20DEMA,50DEMA ,100 DEMA. Nifty gave a close very nearer to its 200DEMA falling at 23397 and is its immediate weaker reistance. NIFTY also formed Triple bottom pattern in daily chart and it suggests that ,NIFTY holding above 23400 its likely to test...

CSB68

SBI CARD:: Consolidated nicely and drifted towards 830 to form the head,From there could see it bouncing bk towards 850 and in the process formed Head&shoulder pattern in hourly chart.H&S Neckline break out stands at 850 sustaining above 850 see a TGT of 860 followed by 870(For educational purpose only)

CSB68

DOW JONES: Has clearly violated all its DEMA Support viz,20/50/100/200 and in the process formed a double top pattern in weekly chart-which is a sign of bearish trend and continuity of the free fall.For me till DOW regains its 20DEMA of 42000-42100 on a closing basis,expect the free fall to continue and may even test 40000.(for educational purpose only)

CSB68

NIFTY: Nifty trading between 22300-500 and remains volatile and lack direction,going by the trend long shall be considered if it holds above 22625-650 on closing basis for 22800-23000 tgt on the contrary NIFTY breaching 22000 on closing basis will trigger a selling spree and expect a sharp fall by 300-400 points.As of now for me Long above 22650 and short below...

CSB68

JUB.FOODS:Shall keep in your watch list. Showing signs of reversal.Watch out for 715 Levels and if sustains above 715 ,likely to test 750 followed by 800 -Triangle pattern b/out likely(For educational purpose only)

CSB68

NIFTY BANK:Broadly speaking still BNIFTY is not fully out of danger.As of now sideways move with negative bias.The trend is likely to reverse only when BNIFTY holds above 49650-49700 decisively. Incidentally 49650 is its 20 DEMA level,If holds will make an attempt at 50000+.Major support lies at 48900-49000.Close below these levels likely to trigger another...

CSB68

L&T FINANCE : Has given positive 20DEMA Crossover above 50 DEMA in daily chart. Bullish candle formation suggests its likely to breach its neckline resistance at 150 and test 160-165 band(For educational purpose only)

CSB68

NIFTY FMCG INDEX :Lies above all its 20DEMA,50DEMA,100DEMA & 200 DEMA Averages.It has formed an Inv Head & shoulders Breakout pattern in the daily chart. Already broke its neckline resistance at 58300 and going by the pattern and the momentum its likely to test 60000-62000 soon.Seems its time to add FMCG stocks into our portfolio(For educational purpose only)

CSB68

NIFTY:Has given a positive crossover of 20DEMA over 50 DEMA,also trading above its trend line resistance,suggests a break out towards 23750+ spot.i will be a buyer even on dips till 23350(for educational purpose only)

CSB68 Updated 

IRCTC: Trading above its 20& 50DEMA,price solid bullish candle formation ,price volume action suggests its is at the verge of giving a Neck line break out above 806-810 Band.In the event of a break out likely to test 840-860 Band soon(For educational purpose only)

CSB68

Britannia : Trading above its 20,50 DEMA Averages.Has formed a nice rounding bottom at 5200.Rounding bottom neckline break out line exactly stands at 5200,if it manages to hold above 5200 -its neckline resistance -as per daily chart pattern expect it to test 5400 -positional Target(For educational purpose only)

CSB68

Chambal : Has clearly given Cup&Saucer Neckline break out in daily chart.As per the pattern the Target would be 580+,Moreover 20DEMA Golden cross over above 50/100/200DEMAs further establishes the Price action and momentum of the stock.(For educational purpose only+

CSB68

Appolo tyres showing stronger Price volume momentum,20DEMA Golden cross over other higher DEMAs n Daily chart suggests a move towards 550+,If gives a break out above 550 positionally expect it to test 575-600 based on the Triple bottomformation n weekly chart(For educational purpose only)

CSB68

Bk of Baroda: Trading above all its EMAs viz 20/50/100/200.Moreover 20DEMA Cross over on daily chart and trading above its Trend line resistance of 260 with reasonable volume suggests a possible break out. I will be a buyer for a Target-1 of 275 and Target -2 of 285-290.Conservative traders may wait for a breakout confirmation at 265 levels(For educational purpose only)

CSB68

TVS MOTOR:Trading above its short term EMAs in hrly chart ,expect it to test 2500-2520,if holds at 2520 levels expect a break out towards 2600+(For educational purpose only)

CSB68

LAURUS LABS:Trading above all its critical EMAs viz 20/50/100/200 and has formed a flag pattern,based on the pattern the logical targets would be 500 -TGT 1 520 -TGT2(For educational purpose only)

CSB68

NIFTY -Positionally its on a weaker platform and is at its crucial support 100 DEMA, it it fails to hold 24400levels expect sell on rise and the next major support lies at 23900.Seems ,NIFTY will regain its buy momentum only if it retains 25K