ADAV_198519

ADAV_198519 Updated 

Nifty is likely to form a bottom here as per chart analysis. Confirmation will come after closing above falling channel. Some volatility for 1-2 days. If it moves on expected lines, then nifty likely to reach 20300 in 4-5 weeks.

ADAV_198519 Updated 

Market is in corrective mode hence stocks have become very volatile however today's closing is ok and earlier view still valid in Deepak nitrate case chart self-explanatory.

ADAV_198519 Updated 

BHEL clearly gearing up for 120 showing amazing strength in falling markets. Keep in watchlist for quick gains.

ADAV_198519

Mphasis has given a good breakout today if sustain can expect 2700 in 2-3 weeks. Stop closing below today's low.

ADAV_198519 Updated 

The fall has bank nifty has been stopped and there is a probability that bank nifty will make a retracement towards 45000 levels. Stop below today's low.

ADAV_198519 Updated 

Federal Bank has been consolidating since many months & testing patience. Now it seems that it has completed its consolidation and stock is ready to blast for initial targets for 155-160 by next month stop below 130. Chart is self-explanatory.

ADAV_198519 Updated 

Gail has broken out of 2-year range few weeks ago. Now it has re -tested that level this week. Buy only when daily candle closes above 20- day sma will give a high probability! entry. Always enter on day end if daily candle closes above 20 sma golden nugget.

ADAV_198519

As per trendlines and fib levels Banknifty likely to correct till 43200- 43400 levels along with timewise correction which points out that current correction may end by September last week before resuming new uptrend. Don't be in a hurry to take trade in this counter after correction will give very good opportunity to make money till then remain stock specific for...

ADAV_198519

PNB is looking very good for targets for 75-80. Stop below 59. Daily closing above 65 will trigger a sharp up move towards 75-80 zone. Great set up.

ADAV_198519

Deepak Nitrate is looking very promising and looking great after consolidation of many weeks. Stop loss below 2000 weekly closing!. Cant afford to miss this one with great Risk to Reward set up.

ADAV_198519

Metal Index is showing strength, but all metal stocks are not participating. Index may breakout in coming days. Chart is self-explanatory. Market is in corrective/sideways mode so one should wait for complete confirmation before entering trade.

ADAV_198519

Nifty IT is testing patience and consolidating in the past 1 year. Now one should wait, and good and clean move will come on weekly close above 31300.

ADAV_198519

Lauras lab is in uptrend at this point of time correction till 375-370 is possible. Exit will be weekly close below 370. Also, one should check weekly close on Friday after 3 PM when weekly candle is about to complete. After correction next target is 442.

ADAV_198519

BEL has broken out for targets of 145.Chart is self-explanatory.

ADAV_198519

REC is testing patience but now it seems consolidation at lower timeframe is complete. Daily closing above 125 will trigger a quick move towards 138-140 zones .Good Risk to Reward setup for May month.

ADAV_198519

Here comes another gem in this sideways market.Shooting up with good volumes and, very strong on larger weekly time frame.Stock has given a breakout after good consolidation from Sep '2022 and currently trading in uncharted territory.Set up is too good to ignore and is having a good Risk to reward ratio.Stop weekly close below 300 and immediate Fib targets seems...

ADAV_198519

Shriram finance is in consolidation since Nov'2021.Stock seems to have completed its consolidation phase and now looking good for targets for 1800.stop below 1300.

ADAV_198519

Syngene has been consolidating since July 2021 and now it seems that it has completed its consolidation.Weekly close above 630 zones can kick start journey towards 750- 800 targets. Stop weekly close below 595. Good Risk to reward set up.