rampalxyz

rampalxyz

Technical analysis need not to be complicated. take a look at monthly chart of titan. the stock is in strong, uptrend and pulling back a bit and then resuming its journey kind of forming "Staircase" pattern on chart. Currently the stock is trading on 3120 and has all the potential to go up and beyond 4000 in next 6 month. Titan valuation is on higher side but...

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after cross 1700 decisively on 26 Aug 24. the HCL is continuing its rising and following parallel channel.

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Any good fundamental stock, if falls 50% from the peak is good opportunity to apply the principal, "Buy when everyone Sells". if it reaches its previous high then the return generated will be 205%.

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Maruti cross all time high in the month of 1st Aug 23, surpassing the price of 9976. since then stock has risen to 13680.00 and then fallen back to 10959.30. This correction is good opportunity to buy Maruti at current levels to ride all-time-high wave.

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Reliance has fallen from its peak of 1608.80 to the level of 1241.65. 22% correction from top is good opportunity for long term investor to enter into reliance.

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LIC Broke resistance of 16-Jan-24 and since the stock has taken one more support on same level. post that the stock is forming higher high , higher low and at the same time narrowing into Symmetrical Triangle Pattern. any breakout near 1000 will be start new uptrend for a possible target of 1250.

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SBIN Gapped up on 4th Feb 21 and Rose all the way to 426. since the stock is declining and today's closing is at 367.10. with this price action, the Gap is totally filled. Stock is expected to take support on these levels.

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The gap up opening on 2nd Feb is still holding and looks like nifty can consolidate in the range of 14300-14800 for few days. ITC and Bharti Airtel and IT stock will support the Index for rest of the month.

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Tata motors are up uptrend on the daily chart, after touching high of 341.90 on 3rd Feb 21, the same is breached again on 3rd March 21, exactly after one month. this is generally good news for bulls. however, the formation on Gravestone Doji on a daily chart may indicate that tata motors might cool off a bit here. few more days of confirmation required before...

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Britania is an FMCG Food processing company taking support on 200SMA. a strong fundamental, rising sales, and rising profit make this company a good long term investment bet. stock comfortably broke the resistance of 3360 on weekly chart in on 1st June 20 and retested again on 19th oct 20. this form a strong around these levels.

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In Indian mythology, there was a daemon, who used to sleep for 6 months and then wake up for 6 months. Yes, Bank has finally risen from sleep.

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Page industries reached a peak of 36370 on the week ending 27-Aug-18 and since then the stock is in a downtrend. on 04th Nov 50 SMA and 200 SMA is very close and almost did the golden crossover. The crossover is also clean and looks very good for upside.

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Hindustan Unilever is making a higher high and higher low on the weekly chart. it is has made a higher low recently and ready for the upward journey.

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After making a low of 864.15 on 23rd March 2020, the reliance started its dream journey and rose to the level of 2369.35. if we draw the Fibonacci retrenchment line from low to high and then we get two key reversal levels. 1795.45 - 38% reversal level 1617.60- 50% reversal level since the rise was very sharp we can expect the correct to be little deep as well.

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Reliance is correcting after dream run-in 2019. stock achieved its high price of 2368.50 on the eve of 16th Sep 20 since the stock heading downwards......... a simple analysis indicates. there is no support before 1600. if the rise was phenomenal, the correction can be significant too.

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This Stop is open GAP Down 11% after the Ethiopian Airlines Crash. Just watch this stock for the next 1 month and see how it recovers or fall further based on news. Such event throw traders out of the market. if they do not follow stop loss.