CA_Chetanbhasin

CA_Chetanbhasin Updated 

From the time LIC is listed has given negative returns to the investors. Ellot wave suggests the stock has formed the base. Upside 680 / 720 is likely

CA_Chetanbhasin Updated 

Although a small breakout candle has formed in the stock but it is not with volume. Thus, small risk trade can be taken in DLF for levels of 518. In case the volume catch up, we might see 585 coming and if DLF sustain its cup & Holder breakout we might see levels of 839

CA_Chetanbhasin Updated 

The stock is forming cup & holder, breakout will likely to take the stock to 620 and above levels

CA_Chetanbhasin Updated 

The stock was doing time correction after a decent upmove, now on verge of breakout with a flag and pole formation

CA_Chetanbhasin Updated 

Golden ratio reversal seen in the stock sustaining above 1890 will open the stock for 2085/2340 levels.

CA_Chetanbhasin

This week the market will start with factoring earnings of big corporates Reliance/ ICICI and kotak bank, While Reliance results were subdued and on the other hand ICICI posted 40% increase in profits It will be a very busy week in the US, with the spotlight on the Fed's interest rate decision, the advance estimate of Q2 GDP growth, and earnings results for...

CA_Chetanbhasin

Market outlook Investor sentiment took a hit in the weekend after a brief insurrection raised concerns about political instability in Russia, Russia facing a brief rebellion by a private military group which could likely to cause a civil war. Elsewhere, the spotlight will be on the Bank Stress Test results and data, including personal income and...

CA_Chetanbhasin

Interesting formation in rico auto, stock is forming cup and holder. Auto sector across witnessing bullishness

CA_Chetanbhasin

After a several failed attempts to hold above 160, finally ashok leyland seem like to break it most important resistant zone of 168. In the event the stock will likely to reach above 220 levels in mid term

CA_Chetanbhasin

The stock has given cup & holder breakout. The stock is open for 4400+ levels

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Week a head , the spotlight will be on the debt ceiling negotiations, FMOC meeting minutes, and several Fed speeches Focused Sector 1. Indian paints and coating sector is expected to touch Rs 1 trillion in next 5 years, according to Indian Paints Association 2. Aviation as the domestic air passenger traffic in India has increased from 10.54 million in April...

CA_Chetanbhasin

Bullish mat hold is commonly mistaken as only a five candlestick formation. In a simple word, it is a chart pattern that shows small market corrections after an up move and yet hold the profit zones before the final candle continues the trend of the first day by pushing the price higher and continue the movement of the first day. For instance, If you see the...

CA_Chetanbhasin

The stock is on the verge of giving cup & holder breakout.

CA_Chetanbhasin

Reliance looking for a breakout with forming Inv H&S pattern

CA_Chetanbhasin

Formed multiple support. Long term trend breakout of Descending triangle

CA_Chetanbhasin

Market view Asian markets are trading at Positive note digesting the Chinese PMI data that dropped to 49.2 pointed to further economic weakness. It is going to be a Data heavy week with Federal Reserve's interest rate decision, labor report, and earnings reports taking center stage. Key economic indicators 🔰 Euro: GDP growth rate, Inflation flash 🔰 India:...