US Future trading at daily resistance triangle which is also part of symetrical triangle, breakout either side can give good trading opportunity. We are also near supply zone 31500 and 50% fibo level too. closing above will take it higher for targets of 32800+ Below 30600, we may see 30000 again and may be more. Education purpose only. -Saptarish Trading
Nifty view for First week August 2022. Market rallied no stop in last 3 days with 2 gap ups. We may see some retracement, levels marked on chart. If we still continue up move, there is resistance trendline above which may be tested. Saptarish Trading.
BankNifty facing ressitance near 37000, straigh 500 poitns fall from that level seen. Below 36500 we can short, above 37000 we can long. Supply and demand zones marked on chart. -Saptarish Trading
Stock closed above 6 months range and recent high too. Seems good long setup for short term and long term. Can do 1500 in short term, 1600,1700+ and much more in long term SL : close below 1210 -Saptarish Trading.
TATA Steel Double bottom breakout with bullish engulfing candle. CNX METAL indice also broke out and all metal stocks are moving up. Strong chart, good for swing trading. CMP 885 Enter above 995 Targets 930, 1000 and more. SL 810 Closing basis. -Saptarish_Trading.
Trident is fundamentally good diveesified company after making high of 70 from lows of 3rs, it has retraced around 50%, i.e. 36.75 This seems value are, one can accumlate at this price for long term, if it comes lower add more. Good company as penny investment. maximum 10% of your portfolio. Targets : 70,100 and much more -Saptarish Trading.
With support of global cues, Nifty rallied from 16050 to 16300. Above 16320 we may see 16400, 16500, 16600 and 16700+, higher targets may take time. 16200 may act as suport. one may sell calls below 16200 for this expiry. Education purpose only. -Saptarish Trading
Triangle breakout seems happening Enter on daily close above 245 SL 228 CLB Can do 260, 280, 300+ -Saptarish_Trading Education purpose only.
Nifty has already broken trendline and showing bullish momentum. nifty has retraced back 50% of previous up move and bounce from there. Global markets indicating positive sentiments, we may see gapup on monday. Up side targets above 16070 : 16100, 16200, 16250 + Downside targets below 16000 : 15950 , 15900 + Please like and follow. -Saptarish Trading This...
Compnay has th ree major divisions viz., media (Ad-Tech and digital marketing), software services and future technologies like AI. Company is almost debt free. Company is expected to give good quarter However promoter holding has decreased over last quarter and overall low. Big positive : FIIs increased their holding from 1.87% to 12.15% in Mar 2022 quarter. ...
Chambal Fertiliser has bounce back from 260 levels, seems like reversing, can long above 310 with SL of 250 on closing basis 1:3 Risk reward is minimum, can do 400, 470, 500 , 700 and 900+ in long term. Good Fundamentals with Company has a good return on equity (ROE) track record: 3 Years ROE 29.20% and good amount of promoters, FIIs and DII holdings. Please do...
Maruti setup Maruti trading at Demand zone, can break and move upside or fall from here. levels marked on chart. -Saptarish_Trading
Nifty has rallied from 15500 to 16270 in a week, we may see some retracement. Fibo levels marked on chart we may fall up to 16100, 16000 or 15900 ( 50% retracement) Brace your selves. -Saptarish Trading
Nifty seems weak and may fall more from here. Levels marked on chart. DXY is 108+, recession fear is still there, Dow keep falling, global sentiments are weak and we have rallied against global trend. We may see selling in coming days. Follow levels marked on chart. I am not a SEBI registered analyst, consult your finanacial advisor, view for education...
Banks shown strengh in last few days, however selling seen today. Levels marked on chart. DXY is 108+, recession fear is still there, Dow keep falling, global sentiments are weak and we have rallied against global trend. We may see selling in coming days. Follow levels marked on chart. I am not a SEBI registered analyst, consult your finanacial advisor, view...
INDUSTOWER showing volume contracation pattern, seems like accumlation going on. stock trading in range since more than 5 months, wait for this DARVAS box to be broken on closing basis. If it breaks up side with green strong candle, can initial long trade with box low as SL(175 CLB). Targets : 240,260,280,300+ I am not a SEBI registered analyst, consult your...
Bank nifty trading in a range after moving higher continously since a week, It may consolidate here, wait for range breakout either side for clear direction/trade. Levels marked on chart. -Saptarish_Trading
TCS is making symmetrical triangle, wait for either side breakout on closing basis, Can be good move will update targets accordingly. -Saptarish Trading