abhigel75

abhigel75 Updated 

I have drawn support and resistance lines. it may be following the trend lines. May not be as well... need more time to see if the trend lines are being supported by the stock. As of now, volumes are missing and stock has held its price. Earnings on 28th August. Stock likely to remain range bound. May mint some money. Also since nifty has made ATH, holding on to a...

abhigel75

IREDA has been consolidating and following the diagonal line drawn on weekly chart. With volujme and price, bulls are shown with blue arrows and bearish volumes with red arrow. stock likely to consolidate till July 5th and if good news/ volume comes, will rise to 210-220 which is next resistance.

abhigel75 Updated 

In this study, I have analused Page Industries on weekly time frame. If you scroll back, I identified bullish divergence earlier, which surged the stock by more than 60%. Now again, after rise in cotton prices due to Ukraine war and rising inflation, Page industries had corrected. Now, I have proved bullish reversal as can be seen clearly. Buy levels have been...

abhigel75

DMART has given reversal. Fundamentals are strong with increasing revenue and profits QoQ. Stock wasnt impacted during COVID and is expanding its stores. Technically, it is closer to a strong support. Should reverse.

abhigel75

Bajaj Finance share is following levels. it should touch 8000 by Dec 2023.

abhigel75

Bajaj Finance reversed. I applied a simple strategy by connecting previous highs to estimate a low or reversal point. As seen here, Bajaj Finance reversed from the same low, which acted as support.