Stock sideways in daily chart while still bullish over weekly chart. Expected return from here around 50% for long term.
#TATASteel is in downtrend in long while in uptrend in shot and following the Channel Pattern. Forming the Higher Low and lower low pattern on chart. Level 440 has highest built-up of OI and OI is increasing on CE side. Sell the Call option for Strike Price 440 or above once stock will near to resistance so you will get good premium. (Disclaimer: This is only...
#HINDUNILVR given +ve result on 21st July since stock is falling due to profit booking and covid19 uncertainty. Today stock bounce back from the mid bolinger band and closed above 2191 support level. Today stock form the NR7 candle that can change into gap UP/Down opening tomorrow session. Level 2175 is critical level if stock will break it then next support...
#CADILAHC has received tentative approval from the USFDA to market Carbidopa and Levodopa extended release capsules and stock became rocket and break the level 400 that was strong resistance. Currently stock closed above 400 level. Showing Bullish result in Technical Parameter: CCI in overbought zone RSI crossed above 70 MFI crossed above 80 Stoch in overbought...
#KOTAKBANK is falling since Q1FY21 result announced. Today stock hit the level 1300 which is strong support and bounce back, closed above. We can see high OI built-up on call side. Showing Bearish result in Technical Parameter: CCI is treading Down RSI is treading Down William %R is treading down ROC is treading down DI+ crossed below DI- on both daily and weekly...
#MOTHERSUMI is strong on all technical parameter and DI+ crossed above DI- on Daily and weekly chart. Today stock crossed above 50SMA while treading below 200EMA. Aggressive short covering with High trade and Delivery Quantity is showing coming bullishness in stock. If Auto sector will perform then this stock will run together. Showing Bullish result in Technical...
#UPL Q1FY21 Profit Nearly Doubles On Low Base, Improved India Business. Net profit rose 93% year-on-year to Rs 551 crore in the April-June period. UPL’s Revenue declined 1% over the year ago to Rs 7,833 crore. Showing Bullish result in Technical Parameter: CCI Overbought zone RSI is treading UP MFI is treading UP Stoch is treading UP DI+ is trending UP from...
#SBI on July 31 reported a standalone profit of Rs 4,189.34 crore for the quarter-ended June, a growth of 81.2 percent over the year-ago period, driven by stake sale in the life insurance business. Showing Bullish result in Technical Parameter: CCI is treading UP RSI is treading UP MFI is treading UP Stoch %k crossed above %D William %R Trending UP Aggressive new...
IRCTC hit the critical support line. We can see bounce back.
Bearish in all Technical Parameter. Strong support 190 and good level for buying. Buy ITC, target price Rs 243: Axis Securities
Form the double Top pattern with NR7 and Doji candle. A Gap Down opening is expected for tomorrow. ---------------------------------------------------------- (Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
#IGL Jefferies said that City gas distribution space in fast recovery phase. Resistance: 410 & 413 & 415 Breakout: 407 LTP : 317.70 Breakdown : 398 Support : 394.55 & 390 & 385 (Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
#TORENTPOWER is week and treading down and looks week in technical parameter. Showing Bearish result in Technical Parameter: CCI is treading down RSI is treading down Stoch is treading down DI- is trending UP from DI+ ---------------------------------------------------------- Support : 307.20 and 300 Breakdown : 312.80 LTP : 317.70 Breakout : 322 Long Target :...
#KOTAKBANK after false breakout the triangle pattern on 1 day chart, stock again enter in the pattern. Stock is forming the ascending broadening wedge after a bullish movement on 15 min chart and also shown breakdown from support line that confirm the pattern. Showing Mix result in Technical Parameter: CCI is Neutral RSI is Neutral William %R is Bearish ROC is...
#MANAPPURAM finance form the Bearish Harami cross after a strong uptrend. All indicator on overbought zone while stock face resistance from 3rd Feb 2020 level and closed below. Showing Overbought result in Technical Parameter: CCI is Overbought zone RSI is Overbought zone William %R is Overbought zone Stoch is Overbought zone New short Bearish Harami...
#RBLBANK form the cup handle pattern on day chart and on 23 July form Neckline candle that showing bullishness and on 24 July stock form long green candle with High trade and delivery. Showing Bullish result in Technical Parameter: CCI is Treading UP RSI is Treading UP William %R is Treading UP Stoch is Treading UP Aggressive New Long DI+ is above DI- and...
#VOLTAS is showing red candle since last 4 session and form the NR7 candle with doji. A Gap down opening on 27th July can show trend reversal. Showing Mix result in Technical Parameter: CCI is Overbought RSI is Neutral William %R is Neural ROC is positive MACD is Positive Long cover ---------------------------------------------------------- Support : 580 and 552...
#AARTIIND notched up volume of 84070 shares by 10:53 IST on BSE, a 5.34 fold spurt over two-week average daily volume of 15736 shares. The stock rose 2.87% to Rs.949.35. Volumes stood at 10823 shares in the last session. Showing Bullish result in Technical Parameter: CCI is Treading UP RSI is Treading UP William %R is Treading UP ROC is Treading UP MACD Crossed...