Samyak_Shah

Samyak_Shah

Enter NSE:TATATECH at CMP, with an SL of 1010. It seems that this gem from the Tata Sons empire is on the verge of an up-move in the coming weeks. Those willing to hold it for longer horizons may hold it till a close below 971.4, post which must take an exit. The formation of a reversal pattern post a prolonged downtrend, along with presence of a valid...

Samyak_Shah

This stock is often overlooked It is a part of Nifty-50, and major weightage in Nifty-Metal Index as well. It seems it is time that we get our eyes on this counter again The line drawn in the chart is a regression line for Coal India. It is downward sloping currently. But notice that price has closed above the regression line on the weekly charts. If we see the...

Samyak_Shah

Index Outlook given in the chart itself ********************************************************************************************* DISCLAIMER: I am not a SEBI registered investment advisor. This content is for educational purposes only. Invest capital at your own risk only after doing your own due...

Samyak_Shah

Go long above green zone Short on break below red zone Head and Shoulders Top formation - Wait & watch for eventual breakout direction Above Average volume must on downward breakout. In case of upward breakout, average volume is preferred, though high volume is also alright

Samyak_Shah

RSI has shown a descending triangle - upward breakout TSI has already given a +ve crossover and now has moved over the 0 line Similar signal in KST Indicator Waiting for action signal on NIFTY500 is must before long entry is made ********************************************************************************************* DISCLAIMER: I am not a SEBI...

Samyak_Shah

A bullish divergence with RSI has appeared on the daily relative strength chart of EEM/SPX Also a falling wedge has broken out upwards A period of "Relative" outperformance wrt to the S&P500 may be near for the Emerging Markets

Samyak_Shah

Haven't seen a cleaner Diamond breakout in quite some time. Although diamond top upward breakouts have poor performance statistics, the Cleanness of this pattern + Above average Volumes on breakout + MACD bullish crossover is persuading me to take action. Target 3130 Keep SL according to your risk...

Samyak_Shah

JK Paper broke out of a declining channel on 17th Jan 22. Post that there was a throwback, after which it has made a fresh 55-day high This signals a resumption of the primary trend Chaikin Oscillator is also above zero and pointing up Bollinger Bands beginning to expand outward Daily RSI at ~67 Recent MACD +ve Crossover on Daily charts Targets will be...

Samyak_Shah

CUP AND HANDLE BREAKOUT Stock also making a 55 day high on daily and weekly charts Massive Volume Spike Swing trade Targets will be 113-128 **** I am not a SEBI registered investment advisor. Please consult your financial advisors before investing******

Samyak_Shah

Glenmark Pharmaceuticals is looking very bullish prior to its earnings. Daily RSI has formed a huge inverted H&S with a breakout. Down trendline broken Price has crossed above 20 and 40 SMA on the daily chart Three inside up candle pattern formation on the weekly chart

Samyak_Shah

Analysis, Target, and SL are mentioned in the chart itself

Samyak_Shah

1. GOLD and Silver bottoming out, 2. DXY Breaking out of a double bottom, 3. INDIA VIX breaking upwards from a rounding formation Perfect troika for trend reversal? #NIFTY #EMERGING MARKETS #NIFTY50 #INDEX #TREND ANALYSIS

Samyak_Shah

Some part of NIFTY's bullish journey might still be remaining!! Nifty exiting the 10-year-old channel and 14-Day RSI now confirming the break shows all signs of bullishness and none for the bears We can stay long on NIFTY as long as there are no major reversal signs in price action or indicators like RSI I can be wrong .....but the top for the market is yet to...

Samyak_Shah Updated 

A Bullish Golden Cross is seen on Weekly charts of TATAMOTORS. Potential upside is possible to 444 levels and then 539-581 levels. Stoploss can be kept below the pennant or @319 (conservative) The upmove can be fast as price has broken out of a pennant pattern on the weekly charts. Also price has broken upward from a long term price zone (indicated by red...

Samyak_Shah

Bullish golden crossover of 50VWMA and 200SMA indicating bullish potential upside. Also, a 3-year old base breakout has already occurred and price is currently hovering just above breakout level (between 120-125) RSI also confirming base breakout. ADX marking a fresh 5 YEAR HIGH! Potential targets are 188.15 and then 219-226. Stop loss can be kept at...

Samyak_Shah Updated 

Descending Triangle breakout on the daily charts Breakout confirmed by the +ve crossover of 20VWMA and 50SMA

Samyak_Shah

A Symmetric Triangle formation has occurred on the weekly charts. Above average high volume on breakout. Also price has been in an expanding formation since 11th May 2020. Price objective as per Triangle formation comes to 382.9 Other near term price targets are shown by green horizontal lines Rising ADX line + Bullish MACD crossover on weekly charts...

Samyak_Shah

BUY BANK OF BARODA CMP 83.85 1st Target 95 2nd Target 105-111 Stoploss 75.7 Trend Analysis: Bank of Baroda has broken a 5 year old falling channel which started from early 2016. Healthy rising volumes are also supporting this move. Moving Average Analysis: 10EMA crossed the 20 and 50EMAs on the daily chart