AtulGoswami

AtulGoswami

HUL is around lower bound of horizontal and curvilinear channel both. There is a chance that it moves up in near future and give 7-8% return

AtulGoswami

Grasim seem to be coming back to the channel it created in couple of months. there will be opportunity to short if it decisively falls back in the channel. On the other side, looking at yesterdays price action, when Grasim breached the channel boundaries and closed above it. It may be a signal that Grasim took support there and the bounce back. So i suggest...

AtulGoswami

Reliance breakout from the channel. If it can sustain today and tomorrow , we can go long. Though tomorrow is expected to be a down day, so we should wait for it to show us the direction.

AtulGoswami

BHEL broke down from descending triangle. More downside may come in coming days.

AtulGoswami

Bajaj Finance came out of the trading range of last few months, now looks like coming back to the channel range. If it closed in red today, then it can be a good candidate for shorting.

AtulGoswami

EMA200 +Supertrend crossover for Bajaj Auto - 15 Minutes chart

AtulGoswami

Titan seem to be making flag pattern. Hopefully it will touch 10% plus in the coming week.

AtulGoswami

After 4 months trading in range, Indusind bank broke down the range last week. Now it has started rising and entered the same channel again. It is showing positive sign against EMA200 and Supertrend . I think with this setup , it has potential to go up in the coming days until it hits the middle line ( around Rs. 1200) in the channel and then upper bound.

AtulGoswami

There are few stocks showing "buy" signals . I'll avoid Adani stocks as the volatility is very high in those counters. I'll go for shorting HeroMotocorp if market shows some weakness. If market is in green then i'll go for stocks showing buy signals. These signals are generated on Daily data against EMA 200 and Supertrend cross.

AtulGoswami

Hindalco making an inside bar today. A big move is expected in this stocks Considering gap down of yesterday, it will need to lot of strength to go up and fill this gap, instead i believe it will go down further and lower end targets as shown in the chart in coming days. but as we all know, market can ourtsmart all of us.

AtulGoswami

Using danny_peanut's valuation rainbow, i see HUL at very high valuation level. Lets see if it comes down to reasonable level in coming weeks

AtulGoswami

200 days ema and supertrend signal shows downward movement for TataSteel and Buy Bajaj Finance I generally suggest go with teh trade in markets direction so if Nifty stay positive, we should go for Bajaj Finance buy.

AtulGoswami

Multiple time cycles are bottoming out today and that ay lead Nifty to close at lower level. That also means from tomorrow it may start rising again. Good day to wait and invest around closing hours .

AtulGoswami

Nifty is making inside bar today, i expect a goof breakout above 17789 or below 17592. Watch out for these level and take position accordingly. you can use the indicator i have developed to identify insidebar.