5 Step Analysis of CHOLAFIN Stock 1. On Daily TF we can see that stock was respect the resistance line from July 2022. 2. On Friday Stock has given closing above Resistance Line with High Volume. 3. Strong Mometum base build on Daily, Weekly & Monthly Basis with increase Volatility for further upside move. 4.From May 2020 Stock Made Higher High and also follow...
5 Step Analysis of IEX 1. On Daily TF wee can see that stock was faced downtrend from April to Sept.2022 then stock was going consolidation zone. 2. On Friday Stock gave breakout with high volume & ready for trend change consolidation to uptrend. 3. Momentum going strong on Dily, weekly, & Monthly Basis with increase volatility. 4.Stock has given break out after...
5 Steps Analysis of HDFC BANK 1. On Daily TF we can see that the stock was consolidated from Nov.2022 & make base for up move. 2. On Daily YF we can see the stock has made CUP Pattern formation with High Volume which Indicates further up move. 3. Momentum Showing Strong Strength on Daily, Weekly & Monthly Basis. 4. Successfully gave closing above 20DMA from last...
5 Step Analysis of Bank Nifty 1. Bank Nifty on Daily TF we can see that BN gave successfully closing above Trendline. 2. Bank Nifty trade above 20DMA. 3. Momentum Indicator Showing Strength on Short, Medium & Long term. 4. Bank Nifty Showing Strength from last 4 Trading Sessions and can Feel the GAP tomorrow at 41200 Level. 5. If Bank Nifty Sustain 41200 Level...
5 Step Analysis of BEL Stock 1. On Daily TF we can see the stock has break the trendline with high volume and give closing above trendline 2. Volatility and momentum build up on daily, weekly and monthly basis 3. Closing Given 20DMA above which is positive signal for stock 4.Short term trend is going positive 5. Stock will give closing above 98.3 then we can see...
5 Step Analysis of Bandhan Bank 1. On Daily TF Stock has break the trendline which was reacted as support line and sustained from July 2022 2. Stock Momentum very weak on Daily weekly & Monthly timeframe 3. Stock break the 20DMA from last week and still stock traded below 20MA 4. Stock today traded at lower low 5. If Price break the185 level and give closing at...
5 Step Analysis 1. M&M Finance on Daily TF wee can see the stock has broke the trendline with high volume 2. Short & Medium Term Momentum going weak 3. From last couple of days stock made Evening star Pattern which indicates further downtrend 4. Stock has made on Daily TF Rising wedge Bearish pattern formation which is bearish signal for stock 5. Coming week we...
5 Steps Analysis of Bank Nifty 1. Daily TF Bank nifty Traded below trendline 2. From last 3 days made Doji & Shooting Star With high volume 3. Momentum on daily & weekly TF going weak 4. Currently Bears are control on market , FII Selling continuously 5. Bank Nifty 39200 level on Daily TF is strong support if it break on next week & give closing below 39200 then...
Nifty on Daily TF we can see that taking support on trendline. Nifty has a Major Resistance is 17220, From last couple of days nifty did not broken the resistance level & give closing at support of trendline. Yesterday Nifty made Shooting Star Candle & today break the yesterday's low with both day high volume. Which confirm that further downside we can see at...
IT Sector performed well on last week. Among them Persistent System stock on Daily TF wee can see the Friday stock has given closing above 20DMA with high volume. Stock has strong momentum on daily, weekly and monthly basis. Stock has made Head and shoulder pattern on daily basis. Coming Days we can see the further upside in stock. Entry : CMP SL : 4547 Upside Move : 4817
HDFC Bank on Daily TF wee can see that give closing below 20 MA from last 4 days due to Global News. Sentiment negative, Short & Medium term Momentum is weak with high volatility and high volume. We can see the further down side in banking sector still remains same in uncertainty global market. Today Stock given closing on support line if it break tomorrow then...
Reliance on Daily TF wee can see today stock has break the consolidation Pattern with high volume. Stock going weak on short & Medium Term. Momentum going weak with high volatility. In Coming Days we can see further downside in stock to 2236 to 2200 levels.
Polycab India stock on Daily TF we can see that the given Closing in below 20 MA. Stock has momentum going weak on daily basis. in next week we can see the stock can going further downside. Entry : CMP SL : 3000 Downside Move : 2908,2856
Metal Sector Showing Strength in coming week. Jindal Steel on Daily TF We can see on last week made Double Pattern Formation and can make complete Triple Top Pattern formation in coming week due to Support of High Volume Momentum going strong on Daily, Weekly and Monthly Basis. Volatility increase well. So all positive factors are helps to stock for going...
All PSU Banks are coming Value Buying zone. RBL Bank on Daily TF wee can see that Stock has made volatility Divergence which was broken on this week. Stock Made "W" Pattern with volume support, and making strong momentum on Daily & Weekly Basis. Stock Closed above 20 Day MA. Which indicates stock is ready for upside. Entry : CMP SL :...
All PSU Banks are making Base and value buying. Which is one of the SBIN Stock on Daily TF we can see that Volatility Divergence was made from last couple of week. with not volume support. But today Bank Nifty and all PSU Bank Sector going well and made strong Base. With Bank Nifty Support all PSU Bank performing well and ready for going upside. Today SBIN break...
Colpal Stock on Daily TF wee can see that the stock has faced down trend then faced consolidation period now ready for uptrend with volatility. Entry : CMP SL : 1470 Upside Move : 1512,1537
PSU Sector Strong Stock Bank of Baroda on Daily TF we can see that momentum buildup on daily and weekly basis with high volume. today stock has made Marubozo Candle. Also Volatility increased on daily basis. Uptrend can be continue in this week. Stock Closed today on 20day MA. Entry : CMP SL : 159 Upside Move : 169,178