Krrish-Stocks To Watch
Krrish-Stocks To Watch
HELLO CLIENT,
HOPE YOU ARE DOING WELL AND GOOD IN YOUR LIFE AND ALSO IN THE STOCK MARKETS.
THIS IS K.R.SHARMA,TALKING ON THE BEHALF OF K&R STOCKS.WELL I KNOW THAT WHAT IS THE
CONDITION OF THE MARKET SINCE PAST THREE TO FOUR MONTHS,HIGHLY VOLATILE.LET’S SEE NIFTY.
IF WE LOOK AT THE CHART OF NIFTY THEN WE CAN SEE THAT SINCE PAST 5 MONTHS,NIFTY IS MOVING
SIDEWAYS MAKING DOUBLE TOP,DOUBLE BOTTOM PATTERN.MOVING BETWEEN THE PRICE SUPPORT
AND RESISTANCE OF 16600 AND 18600 RESPECTIVELY,NIFTY IS GENERATING GOOD RETURNS BUT
EQUAL LOSSES.FROM 30TH JULY 2021 TILL 15TH OCTOBER 2021,NIFTY WAS IN UPTREND,GIVING GOOD
RETURNS.BUT FROM 19TH OCTOBER 2021 THE DOWNTREND STARTED AND IT WENT DOWN TILL 20TH
DECEMBER 2021,MAKING THE MARKET FEARFULL.
NIFTY ON 15TH FEBRURUARY COVERED THE GAP OF 14TH FEBRUARY AND IT IS ON IT’S WAY TO
TOUCH IT’S SUPPORT AGAIN.IF NIFTY FROM 16TH FEBRUARY STARTS TO MOVE UP AGAIN THEN
IT’S A GOOD NEWS AND IF IT TOUCHES IT’S SUPPORT THEN WE WILL GET AGAIN A GOOD
OPPORTUNITY TO BUY SOME STOCKS AT DISCOUNTED PRICE.
BAJAJ FINANCE
A NON-BANKING FINANCIAL COMPANY THAT DEALS IN CONSUMER FINANCE,SME(SMALL AND
MEDIUM-SIZED ENTERPRISES),COMMERCIAL LENDING AND WEALTH MANAGEMENT,WITH
BETA VALUE 1.40,HAS OPENED TODAY FROM ₹6,800 FORMING A LOW OF ₹6,785.95 AND THEN
WITH THE HELP OF RETAILERS WHO ARE BULLISH/WERE BULLISH(TODAY) ON THE STOCK,IT
WENT TO ₹7,195 AND GOT CLOSED AT THE PRICE OF ₹7,142.05 BY GIVING A GOOD SIGN WITH
TRUE VOLUME.IF NIFTY ON 16TH FEBRUARY 2022 GOES DOWN AND TOUCHES THE SUPPORT
THEN THE BIDS ARE ON ₹6,750.35 BUT IF NIFTY MOVES UPWARDS ON 16TH FEBRUARY 2022
THEN BIDS ON ₹7096.15.STRONG CHANCES OF GAPUP.
1 DAY TIME FRAME CHART OF BAJFINANCE WITH SUPPORT OF ₹6,750.35,CONDITION
WHEN NIFTY GOES DOWN TO SUPPORT OF ₹16,600