LokeshSurana

LokeshSurana

If nifty holds the level of 17300 and tries to creat an inverted hammer type of pattern in the upcoming days. (I am personally overbullish, so not expecting to break 17700 levels too) Here is the least of stock you might want to consider buying:...

LokeshSurana Updated 

Continuously facing resistance at higher levels. Sell with stop loss - Current week's high

LokeshSurana

- After a long break PRAJIND started showing new momentum - This stock can't be ignored if you want to bet on the ethanol blend story of INDIA - Technical aspect - Stock didn't break even nearest swing low's in this correction - One can initiate a buy now with a deep stop loss of 300-318 range, if corrects a bit can add there too. *Educational view*

LokeshSurana Updated 

After giving a breakout in the 2nd week of Feb this year, GOLD rallied near its lifetime high. It can be seen it retested a lower range of trendline in last week and again bouncing. Maybe in the short term volatility will be there, for a conservative investor it's a good price and time to accumulate. - Not a short-term advice/trade. - Historically other assets...

LokeshSurana

*Educational purpose* - Excellent balance sheet, profit growth - Despite multiple breakdowns in the index and overall markets, ESTER sustained above its support level - Volumes in pullback are also significant - Rather than putting money at lumpsum, prefer a staggered investment strategy. Buy near support range (Blue color)

LokeshSurana Updated 

Adaniports gave breakout of triangular pattern in last week of March, it did rally up to 12% after that. The recent fall in Indian and global stock markets brought it down to retest , it may be a good opportunity to long Adaniports for a 2-3 weeks timespan . SL - 660 (on closing basis) TGT - 1000+

LokeshSurana Updated 

A pattern here on the monthly chart, strat looking from October 21 - 1 Red candle -> 1 Green candle | Wave 1 Next - 2 Red candles -> 1 Green candle | Wave 2 Now - At 3rd Red candle This wave 3 should give us a green candle now Apart from this, Indian markets are affected by Dow Jones's weakness. Dow Jones is near 50 Month EMA on charts. This level does not...

LokeshSurana

Big players like LIC, Mohnish Pabrai, Rakesh Jhunjhunwala, and some of the well-known funds have a stable holding in this scrip. Financial services especially ones who getting adapted to digitalization are going to be the next decade's mover in Indian markets. 30.15 is covid time low, even during the current down phase of markets, I personally do not expect that...

LokeshSurana

WHY? - A meaningful INHS breakout on the monthly chart (Black-line) is sustaining for a long period now, confirming strong medium-term bullishness. - On the weekly chart Price is protected by a trendline (Green), Below which it only traded in RUSSIA - UKRAINE crisis and still closed above that - The NSE auto index (CNXAUTO) is also showing medium-term bullishness...