CKParkhi

CKParkhi

SBI Cards : A good Short term (15%) to Long Term (50%) play on cards from current levels. 720 SL Here’s a summary of the key points : 1. Rating Upgrade: Stock rating for SBI Cards (SBICARD) upgraded to 'Buy' from 'Sell'. 2. Target Price Raised: Target price increased to 913 rupees from 652 rupees. 3. Profit Outlook: Pre-provision operating profit for SBIC is...

CKParkhi

Bajaj Finserve Key Points: Consolidation of nearly 30 days before the up-move provides a reliable cushion. 1745 works as a support reflecting a confluence of Fib Extension and a short term previous swing high. Check out depicted levels for re-entry/profit booking/ Stop Loss.

CKParkhi

Bajaj Finserve Key Points: Consolidation of nearly 30 days before the up-move provides a reliable cushion. 1745 works as a support reflecting a confluence of Fib Extension and a short term previous swing high. Check out depicted levels for re-entry/profit booking/ Stop Loss.

CKParkhi

Asian Paints: Paint Sector generally shows strength during May - Sep every year. Asian paints has not performed since 2021 Very predictable price behavior - 2600-2700 (Buy) 3600 (Sell)

CKParkhi

SBI Key points: 1. Goldman Sachs downgrades SBI to "Sell" 2. Healthy red candle with volume on the daily chart appeared after 24 day's of consolidation. Means bears have accumulated energy during that phase 3. Institutional selling on this counter (Reason unknown, so far) 4. 2 order blocks are pending to be re-visited by the price )around 700 and 600 levels. 5....

CKParkhi

Orient Cements: Monthly Chart Observation Each up-move clocks186 points. Considering (204) as a monthly open and a pocket friendly Stop Loss longs can be initiated A FVG exists on the Daily Chart (288-291). This also can be a good Long Entry point. Use your reasoning (Wave Theory included) and trade decisions around these levels. Targets are depicted on...

CKParkhi

KEC Given multi time frame B/O If gets retested around 960 and goes up, BUY SL 5% from entry

CKParkhi

ADF Foods shown multi TF B/O at 262 B/O got retested to provide reference for Stop Loss Supported by Volume Best Buy around 266-267 SL 252 (Closing Basis) TGT 345/359

CKParkhi

Gujarat State Petro offering a safe and a promising technical play for 50% gains with almost zero SL.

CKParkhi

Merger of HDFC (Finance) with HDFC Bank paved the way for other Housing Finance Companies like LIC Housing Finance and PNB Housing Finance and other peer group companies. Performance of these companies is a function of Interest Rates, Real Estate Inventory in Metros and B Grade Towns. That is why these are subject to volatility and unpredictable Price...

CKParkhi

Dalmia Bharat Best buy level 1850 SL 1800 (Daily Closing Basis) TGTs - Each previous Swing Highs (Lowe Highs) Play all Fractals within these levels

CKParkhi

Considering retest of Swing B/O is done on Red Horizontal line (125), Geogit is one of the best stocks to play as a swing trade

CKParkhi

Laxmi Organic Industries Limited Weekly Chart B/O with supported volume. Has a potential to go double. TF 2-3 Years

CKParkhi

Paint Industry is going through transformation and becoming more competitive. New players like Kotak engaged with with innovative business model and practices. All are bringing more value for the middle men and consumers alike. Like aviation companies, this is the only industry in the consumer goods space that has been struggling for uptick in the margins. Level...

CKParkhi

Go Long setup: Look for reversal price action around 540-520 zone that represent FVG on Daily TF. These are the levels where we get the confluence of Downside mirror move and the FVGs

CKParkhi

A crude method to ascertain Support and Resistance Levels for any Instrument for the next day. Resistance : Call Strikes with I and II Highest O/I (+) CE Option premium of the respective strike prices Support: Put Strikes with I and II Highest O/I (-) PE Option premium of the respective strike prices Keep in mind the change in O/I during the day to ascertain...

CKParkhi

BHEL Super favorite of Traders and Investors. For PA Traders both opportunity exists. Up move will face resistance at 6-10% up from current Levels. Down move may see 20-25% from the top Levels and the probable trajectory depicted on the chart.

CKParkhi

Beaten up by good quarterly numbers but bad management commentary. Good Business Module and growth Currently hovering around support with no volume. May spurt up quickly once the initiative buyers steps in with the Volume Keep tab on the trigger. Long Setup explained on the chart.