BANK NIFTY WEEKLY STUDY As per our last week study, we mention that bank nifty can also look for consolidation between support and resistance level and it has done exactly the same. now as per current chart development we can see that last full week it has done consolidation in a range of 14850 and […]
Tag: technical
NIFTY WEEKLY CHART STUDY – A WEEK OF CONSOLIDATION
MANY TIMES PEOPLE AVOID STOCKS WHICH ARE FUNDAMENTALLY NOT STRONG, BUT THE MYTH IS TECHNICAL BREAKOUT CAN HINT US ABOUT UPCOMING FUNDAMENTAL DEVELOPMENT, WHICH SOMEONE CAN ASSUME OR EVEN CAN IGNORE. AS I PERSONALLY BELIEVE THAT ONCE SHOULD INVEST IN A COMPANY WHICH IS STRONG ON CHART, AND HAVING A GOOD SCOPE FOR FUNDAMENTAL DEVELOPMENT […]
DEN NETWORK – TECHNICAL CHART STUDY
buy DEN NETWORK above 202 sl 165 target 230-265-285 technical chart study as per chart development we can see that, stock has taken support on trendline, and just able to come near to the resistance level now. even rsi able to move now, which can show us a signal of “NEGATIVE BULLISH DIVERGENCE” so once […]
NECTARLIFE – TECHNICAL CHART STUDY
buy NECTAR above 34 closing basis, sl 24 target 55-85-120 technical chart study as per chart we can see that recently price able to move above its long term resistance level and inbetween it has done consolidation for almost, 3 years. its also moving above its 3 years high level now. even it has form […]
SKS MICRO – TECHNICAL CHART STUDY
buy SKS MICRO above 290 closing basis, sl 265 target 315-345 technical chart study as per chart of the stock we can see that price is moving above 3 years high level now. even we seen “STRONG BULLISH” candle in today s session, with good volume setup. just observe the pattern in stock, past two […]
EMCO – TECHNICAL CHART STUDY
buy EMCO above 41 closing basis, sl 28 target 55-70-85 technical chart study as per the long term chart we can see that stock has recently form a rounded bottom, and now moving above almost 2 years high level. its even moving into higher – highs and higher’s lows pattern now. even its moving into […]
KEI – TECHNICAL CHART STUDY
buy KEI above 24 closing basis, sl 16 target 29-35-45 holding 2-3 month technical chart study as per chart we can see that stock has just move towards 3 years high level now. at bottom level it made rounded bottom, and now crossing the upper range, so we can expect a good move in this […]
ABAN – TECHNICAL CHART STUDY
buy ABAN above 580 close sl 450 target 680-750-850-1150 technical chart study as per the long term chart of stock, we can see that price is hitting almost 2.5 years high level now. now price is rising with higher high’s and higher low’s pattern format. as price is making new 52 week high level now […]
BANK NIFTY TECHNICAL CHART STUDY – traders kept their finger cross on election result day, and it happen as expected, INDIA got its new PM and market moved into new bull run
BANK NIFTY TECHNICAL CHART STUDY Almost from past 2-3 month we are telling you all that bank nifty will perform better than nifty as there was divergence between these two indices and just see exactly happen same bank nifty given bigger move than nifty index. We even inform in our recent post that moving and […]
NIFTY WEEKLY CHART STUDY – Stock market celebrates Narendra Modi’s electoral triumph
LAST WEEK WAS HISTORICAL WEEK FOR INDIAN STOCK MARKET AS WELL AS FOR INDIAN POLITICS AND EVEN FOR EVERY INDIAN HUMAN. WE SEEN MAJOR POLITICAL REFORMS AS AN EFFECT OF SAME WE SEEN OUR MARKET MOVING HIGHER TO THE UNSEEN LEVEL OF 7665 LEVEL. IF WE THINK ABOUT THIS POLITICAL CHANGE ON LONG TERM BASIS […]
STC – TECHNICAL CHART STUDY
buy STC above 220 closing basis, sl 195 target 250-275 holding is only on closing basis. technical chart study as per the technical chart study we can see that, stock has made “RISING WEDGE” on chart now, and recently it moved above long term resistance level. stock is rising its low so if it able […]
BFUTILITI – TECHNICAL CHART STUDY
buy BFUTILITI above 730 on closing basis, sl 540 target 900-1110-1350 hold only if close above mention level please with inform support level. technical chart study as per technical chat study on long term chart we can see that stock has almost fallen from 3100 level, made bottom till 118 and now its reversing the […]
THERMAX – TECHNICAL CHART STUDY
buy THERMAX above 830 closing basis, sl 750 target 900-980-1150 technical chart study as per technical chart development we can see that, recently stock has given some move after a consolidation of 2-3 months, on long term chart its in development of “ASCENDING TRIANGLE” with the top level resistance near to 900-925 level. so once […]
ORIENT PAPER – TECHNICAL CHART STUDY
buy ORIENTPAPER above 26.50 on closing basis, sl 10 target 55-75-125-185 one can even buy in a range of 20-25 with same sl for holding only 1-2 years holding period technical chart study as per chart we can see that recently stock has started up move now, it has developed “PEANUT CHART PATTERN” on chart […]
RATNAMANI – TECHNICAL CHART STUDY
buy RATNAMANI above 275 closing basis, sl 225 target 350-450 intrday can also buy above 275 hold if sustain for 15 min sl 250-55 range target 297-325 technical chart study as we can see that stock is trading near to its life time high level and recently it move above its 5 years high level, […]
J&K BANK – TECHNICAL CHART STUDY
buy J&K BANK above 1900 close risk lover can even add between 1800-1900 range sl 1600 on closing basis target 2500-3200 holding period 6 months to 18 months technical chart study as we can see that stock has given a good move in past decade, and even this decade it started with good up move, […]
BGRENERGY – TECHNICAL CHART STUDY
buy BGRENERGY above 146 close, sl 125 target 160-195 technical chart study as per technical chart we can see that, price was consolidating for past 1 month in a small range. even there is a development of “FLAG” pattern on chart. recently price moving in rising channel so this channel breakout can lead for some […]
OIL INDIA – TECHNCIAL CHART STUDY
buy OIL INDIA above 515 close, sl 470 target 545-575 technical chart study as per technical chart of stock we can see that stock was underperforming in past 1 year time, and now it able to move above its 10 months high level. we can even see that it has made “ASCENDING TRIANGLE” on chart […]
LT – TECHNICAL CHART STUDY
buy LT above 1400 closing basis, sl 1200 target 1600-1800-2200 6-9 month short term it can come till 1450 technical chart study as per chart development we can see that recently it touch long term resistance level on chart. which is near to 1400 level. even its a bigger development of “SYMMETRIC TRIANGLE” on chart […]
BANK NIFTY MADE NEW LIFE TIME HIGH, WILL IT OUTPERFORM NIFTY IN COMING DAYS ????
BANK NIFTY WEEKLY CHART STUDY When nifty made life time high in a month of march from that time we are telling you all that there is a divergence between two major indices namely nifty and bank nifty, and even we inform that when bank nifty crosses 11800 level that time only we said that […]