NSE:JINDALSAW An ascending parallel channel has been formed in weekly & daily channels out of which a current daily bullish candle confirms the reversal of the falling stocks A confirmed buying can be when it crosses the parallel channel at 310 or risk-takers can accumulate at current levels. Another bullish signal is the crossing of the EMA 200
NSE:CNXFMCG A major correction has happened in FMCG sector after which a strong reversal can happen in the form of bullish engulfing or hammer candlestick in weekly timeframe If it takes the support of 55,000 and forms a bullish candle, it will reverse from the current support. If it breakdowns below the 55,000 mark, it can correct up to 50,500 & 45,000...
NSE:BANKBARODA A trendline retracement has occurred, with EMA 44 crossing over, which indicates the stock's bullishness. Buy at the current level with the SL at the swing low for the first target of 280 and subsequent targets by trailing.
NSE:MAPMYINDIA Triangle breakout is about to happen after being in consolidation for 170 days. A target of 2300-2600 can be achieved with the SL of the recent swing of 1970.
NSE:TITAGARH A parallel channel has been formed in Titagarh A double confirmation buy can be triggered when the price crosses EMA 44 with trailing SL. The rest of the explanation of the targets and SL has been marked in the chart.
NSE:NIFTY On Indices analysis, we are looking at some of the top Indices at the weekly level. It is clearly visible that Nifty is on the bearish side and holding at key support. The next key support could be 23,500. Last week's bearish candle somewhat engulfed the previous bullish candle, confirming the downtrend. The rest of the other Indices are also looking at...
NSE:DEEPAKNTR A clear channel breakout could be seen with a bigger bullish candle & EMA 44 crossing the bullish candle. A doji reversal reconfirms the bullishness of the stock The target is ATH.
NSE:JSWSTEEL A strong channel breakout with a big bullish candle has emerged in JSW Steel with strong volume support. 44 EMA is also about to cross the bullish candle reaffirming the bullish signal. A SL of 945-947 with a target of ATH and above is recommended. The rest of the video is explained in Hindi
NSE:ARE_M From it's All time high it has formed a falling channel pattern and now it is ready to break it for a higher high. Target is an all-time high and SL will be 1340 and below as per risk appetite and holding capacity.
NSE:RELIANCE It shows good support at 1330-1350 and the next target could be 1500 & 1600 respectively. The entire thought process has been defined in the video in Hindi
A Fibonacci Retracement of 50% has been seen at 230 levels which are acting for the support.
Bharti Airtel is about to break the all-time high at 620-625 levels on the daily chart. This will be a crucial breakout for a bullish view. Watch the chart and trade accordingly.
At 180 levels, Cybertech has formed a rounding bottom with a pullback with a smaller candle on a Weekly basis. A long can be initiated with 1st target to be at 210 levels. SL can be placed at 170-174 levels.
A multi-year breakout is about to happen in UBL on a weekly basis. Golden crossover has already happened in the Daily chart and is bound to happen in the Weekly chart which will create a new All-time High for this stock. With higher vol in the previous weeks, this stock will be able to deliver good returns in short to medium terms.
In the daily chart, bank of baroda has given a breakout with good vol. Target and SL as per Risk Reward Ratio.
In the daily chart, a parallel channel has formed with a Bullish sign.
In the daily chart, rounding bottom with a breakout at 223 levels has been formed with huge vol. 1st target will be 246-250 based on the weekly chart. And put SL on the current daily candle bottom.
In the daily chart, a strong uptrend is found with higher volumes indicating a further increment in the prices.