MohitKakkad

MohitKakkad Updated 

NSE:NTPC Simple analysis for NTPC on daily chart 1. Price crossing resistance indicated by the black line as well as the 200 day moving average indicate by the blue line 2, Volume above 20 moving average 3. RSI above 60 indicating good momentum 4. Big green candles 5. Minimum target indicated by the black line and fibonacci extension ration 1.618 i.e Rs. 115...

MohitKakkad Updated 

NSE:GRASIM Simple analysis on Grasim Daily Chart 1. Upward trendline support 2. Price breaking 200 moving average with volume more than 20 moving average 3. RSI above 60 4. Indecisive candles formed after big green breakout candle can lead to continuation of uptrend 5. Targets indicated by black line and fib extension ratios of 1.618 and 2.618 Stop loss can be...

MohitKakkad

View explained on the daily chart with simple support resistance and fibonacci extensions 1. Previous resistance is now support 2. Trading above 61.8% fiboncci ratio 3. Supports and resistances indicated by horizontal lines 4. Comments mentioned in the callouts Do comment, like and share if you agree with the post NSE:BANKNIFTY

MohitKakkad

Trent Ltd looks bullish on weekly chart. Entry after it crosses 705 Target around 722 (indicated by horizontal line) Basis:- Price above Fibonacci resistance Big green candle Volume more than 20 MA RSI near 60 (more than 50) Simple analysis Do share and like if you agree with the posts. Comments are welcome.

MohitKakkad Updated 

1437 is the first important retracement level after the recent profit booking Do share this with others if you agree and like this.

MohitKakkad Updated 

Wipro trade setup Buy in the range of 170-186 levels 1st Target around 230 This is a long term trade setup for buying at support levels and holding for some time Basis 1. Support levels at around 170 2. Monthly chart Like and share if you agree.

MohitKakkad Updated 

Target and Entry shown by Horizontal lines. Stop Loss as per individual risk management. Basis 1. 20 SMA crosses 50 SMA indicating uptrend 2. RSI on monthly chart above 60

MohitKakkad Updated 

1. Weekly chart-Negative reverse divergence indicated by RSI forming higher highs and the linear chart forming lower lows. 2. Price below moving average (20SMA) 3. RSI below 40