Hobbytopassion_ManishJain

Hobbytopassion_ManishJain

Esteemed Colleagues, With the utmost respect, I would like to draw your attention to the recent political climate in India, as it pertains to our field of business and investment. As a research analyst and trader, it is my professional opinion that the market has experienced an unprecedented level of volatility in recent weeks. This trend is expected to continue...

Hobbytopassion_ManishJain Updated 

With the completion of the long-term Flag and Pole pattern, I expect a breakout in Tata Consumer Products for an upside of min INR 200 from current levels.

Hobbytopassion_ManishJain Updated 

Hindustan Unilever has completed the long-term Cup & Handle formation. It is expected to rise min. INR 350 from here.

Hobbytopassion_ManishJain Updated 

Eicher Motors has recently completed Cup & Handle pattern and is all set to reach all the way to INR 4500 in a 9-12 months time horizon from current levels.

Hobbytopassion_ManishJain Updated 

Escorts Kubota is travelling into the long-term rising channel and nearing its resistance of INR 3260. Post the level of INR 3260, it is expected to reach all the way to INR 3250 in the next 6-9 months time frame.

Hobbytopassion_ManishJain Updated 

Seshasayee Paper is : -trading with good volumes on the bourses. -presently trading at its 50 days Moving Average -positive divergence on the oscillators -in the accumulation phase at present -standing right at the support level on higher time frames. -reached a lifetime high of INR 421.75 on 12/Sep/2023 and a lifetime low of INR 2.41 on 17/Jul/2001. -has a net...

Hobbytopassion_ManishJain Updated 

PFL has formed a long-term Flag pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1000 from current levels. Let us keep track of it. #patanjalifoodsltd #patanjalifoods #patanjali #patanjalitechnicalstudy #patanjaliflagpattern #patanjalipricelevel #patanjalipricetarget

Hobbytopassion_ManishJain Updated 

JP Power has completed a long-term inverted Head and Shoulder pattern recently. Considering this positive move, we should expect a move up to double the current levels from 10.50. Keep tracking the move and invest sensibly.

Hobbytopassion_ManishJain Updated 

Dr Reddy's Lab has formed a long-term Cup & Handle pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1500 from current levels. Let us keep track of it. #drreddylab #drreddy #drreddy'stechnicalstudy #drreddy'scup&handlepattern #drreddy'spricelevel #drreddy'slabpricetarget

Hobbytopassion_ManishJain Updated 

Bank of Baroda has completed long-term cup and handle formation but has hit resistance and finds it difficult to cross current levels. Once it can close above the current level, we can expect a min INR 150 upside from here.

Hobbytopassion_ManishJain Updated 

Hello Readers and Fellow traders, If you are stuck in any stock listed anywhere in the world exchanges, you may send me your query. I will analyse the same with my inputs on the levels. Best Manish J

Hobbytopassion_ManishJain Updated 

BPCL has been trading with good volumes on the bourses in recent months. The 52W H/L being INR 484.60 / 314.10 It is consistently trading above its long-term Moving Average for the past 3 months There is a positive divergence on the oscillators It is standing right at the resistance level on higher time frames Resultantly, I believe that the target price should be...

Hobbytopassion_ManishJain Updated 

Punjab National Bank completes a long-term Cup & Handle pattern. Making it bullish on the technical charts. We expect a target of up to INR 170 from current levels. Time Horizon 9-12 months.

Hobbytopassion_ManishJain Updated 

This stock trades with good volumes on the bourses in the higher time frames. Similarly, it is in the oversold zones of oscillators in higher time frames. The 52W H/L being INR 3,568 / 2,694 It is consistently making Higher Highs and Higher Lows It is standing right at the support level of INR 2925 and we expect it to bounce back from this support to make a new...

Hobbytopassion_ManishJain Updated 

This stock trades with steady volumes on the bourses in all time frames. Similarly, it is in the oversold zones of oscillators in average time frames. The 52W H/L being INR 1,151.85 / 814.25 It is consistently making Higher Highs and Higher Lows. It is standing around its support level in a rising channel. LTP on NSE on 06/Feb/2024 was INR 1,053/- (with a high of...

Hobbytopassion_ManishJain Updated 

This stock is trading with steady volumes on the bourses in all time frames. Similarly, it shows positive divergence on oscillators. The 52W H/L is INR 909.80 / 508.55. It is consistently making Higher Highs and Higher Lows. It honoured its support level. LTP on NSE on 08/Feb/2024 was INR 813.30 (with a high of INR 857.80) Resultantly after all this discussion, I...

Hobbytopassion_ManishJain Updated 

This stock is trading with steady volumes on the bourses in all time frames for last 18 months. It shows positive divergence on oscillators. The 52W H/L is INR 586.35 / 412.20. It has now entered the demand zone in all major time frames. It is trying to build the support at current levels in the past 4 trading sessions. LTP on NSE on 09/Feb/2024 was INR 482/-...

Hobbytopassion_ManishJain Updated 

THE TARGET LTP on NSE on 16/Feb/2024 was INR 1362/- (with a high of INR 1378/- and a low of INR 1345/-) Although it is a good buy at current levels. Resultantly after all this discussion, I believe that the target price should be: first INR 1650 and second INR 1880. Stop Loss should be INR 1180 Risk to Reward will be 1:3 The time horizon should be 12-15 months