manuagarwal21

manuagarwal21

UPL looks good on the daily and weekly chart and stock was also seen bouncing from the short-term support @ 755-760 Sustaining these support levels, stock can move up to 780 initially then towards 80 levels in the coming week. Though Index looks weak, try to take a trade as close to the support area for a better risk reward. Disclaimer: Trade at your own risk.

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Nifty opens Gap down at 18600 vs the previous close at 18701. Since nifty opened at support around 18600-18550, we saw some recovery from there and it closed near the day's high at 18642. Now what's for tomorrow:- Above 18550 - the next resistance is at 18700-18720 Immediate support @ 18550-18600 Sustaining above these levels, the index can move towards...

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Kotak Bank looks good on the daily weekly timeframe. If it sustains above 1900 levels, there are chances that it will move towards 2000 -2040 levels initially. There is an opportunity for both swing and positional trade here. For swing, it should sustain above 1935 levels For Positional, it should sustain above 1900 levels.

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Yesterday, we saw a Price breakout in Tata Consumer Ltd. A breakout occurs with a Big Bull candle having good volume. Currently, there is a pullback to the same levels. The same levels , would now act as immediate support Sustaining these levels, stock might test 800 - 810 levels in the coming trading sessions Pullback trade Long Trade Swing Trade Support @...

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The stock broke above the Previous Resistance with a Big Bull Candle with a Huge Volume. Now It is retracing back to the resistance level which would now work as immediate support Support levels: 1937-1942 Resistance: 1988 and 2016 Type of Trade: Swing, can covert into positional, as higher timeframes are quite a in sync with short timeframes. Great Risk...

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We are seeing quite a fall in the prices of Titan Company Ltd since the first week of November 2022. Currently, prices have entered the zone from where they bounced previously in late September 2022 and there is a probability we might see a similar price behavior. With a small risk, it can be a rewarding swing trade.

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Banknifty Opens with a gap on the downside @ 42399 vs the previous close @ 42535. It fills the gap in the first hour of the trading sessions, though did not sustain the highs and moved lower and closed near the day's low. Candle: Shooting star, inside candle View: Positive Might open gap up tomorrow Immediate support @ 42000- 42100 Immediate Resistance @...

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Another stock, that came on the radar is Tasty BIte for a Positional Trade. The stock made a low of 8050 in the last week of June 2022 and then rallied massively from there and made a High of 13700 in late August 2022. That's a huge 70% return in just two months. Usually when stock witnesses such a fast move it usually consolidates for a long time...

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There's a formation of Bullish Bat Pattern on the hourly chart of the Eicher Motors, Bat pattern is a five-legged harmonic pattern that provides us with potential reversal zones, from where stock usually witnesses sharp recovery or fall as the case may be. Here 3407-3434 is the PRZ that the pattern provided as we did see the sharp recovery back from there. The...

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Banknifty opened with a slight gap on the upside at 42177 vs the previous close at 42137. Price did not sustain the gap and moved lower but traded within the range of the previous day's candle, forming inside the candle. You can clearly see the price action on the hourly chart, and how well prices moved with Friday's first-hour candle. Now breakout on either...

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IRCTC looks positive on most of the timeframes. 735-740 were the levels that the stock resisted for approx 2 months, then broke above it, and now consolidating above it from the past 1month. Sustaining the same levels, the stock could move towards 780 to 850 levels in the coming weeks. Trade Type: Positional - Long Trade Immediate Support @ 735- 740 Immediate...

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Banknifty is trading at all-time highs. Friday's close was at 42137. Monthly chart October Candle: Big Bull Candle, suggesting bulls are in the driving seat. RSI: Above 60 - Bull Range with high momentum. November Price Action till now: The month started with a gap up opening at 41552 vs the previous month's close @ 41307( 245 points), right now near month...

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The stock formed a Bullish Engulfing candle in the month of July 2022, since then the stock has been consolidating within its range i.e 813 - 1027 . It's been 3.5 months and the stock has been moving in the said range, suggesting that it might be getting ready for a trending move. Since the first candle (July 2022) is a big bullish candle, followed by...

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Weekly Chart Nifty opened this week with a Slight gap @ 18211 vs the previous week's close @ 18157. During the week it slides lower only to take support at positional levels @ 178950, and bounces from there to close near the week's high. Week's Candle: Indecisive candle( Hanging man types) Next week's opening Probability: Gap up or gap down Volatility:...

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Nifty opened with a huge gap today @ 18313 vs the previous close @ 18028 ( approx 285 points). Sustained the gap and is staggering sideways since opening. Since there is a gap opening plus prices are sustaining, the intraday support has been shifted to 18160 - 18199. Any dip, if seen before 2 p.m can be accumulated near these levels. Resistance @ 18414- 18450

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Nifty opened with a gap on the downside @ 18044 vs the previous close @ 18157. Since nifty opened below the support area, there were high chances that it going to test the next support @ 17950-17850 and it did. Now tomorrow's opening can mostly gap up or gap down. Immediate resistance @18056- 18035 Support @ 17950-17850 (Positional support Breaking this...

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NIfty50 opened with a gap today, you already had an idea of such an opening as I have mentioned in my previous post, that there are high chances of either gap up or gap down opening. Nifty opened above the resistance zone of 18250, though did not sustain the move in the first 15 min and formed the same open high bear candle, making it obvious that it will be...

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Torrent power is comfortably trading above 505-507 levels from the past few trading sessions. Sustaining the same, the stock would be probably moving towards 540 -550 levels. CMP: 513.55 Type of Trade: pullback - swing long trade Invalid below 500 levels