Wipro Looks Great with Technical Analysis! There are a lot of hidden reasons for selecting Wipro as the Pick of the Year. Let me show you: First, Wipro and Nifty Ratio Chart This is a hidden Information, and see how chart is taking support Secondly, Wipro and NiftyIT Ratio Chart Again a hidden information and See how Wipro is taking support in this...
RELIANCE INDUSTRIES is the King of the Indian Stock Market and everyone knows about what role Reliance plays in India. RELIANCE Stock has been in a consolidation since more than 2 years and is now trying to Breakout. Let us first know about its Basic Fundamentals. Profits are rising every year which is the most important point. Balance Sheet is growing year on...
Bikaji is one company which has great fundamentals, and is going good every year The stock has shown good consolidation in past few months and now is getting ready to give a braekout! We can trade for the breakout.
MEDPLUS Chart looks good It is showing some reversal trend! You can keep this is watchlist
ERIS Looks Positive Promoters are buying every quarter in this company. FIIs and DIIs are also invested in this company.
EPL Looks amazing. EPL is bullish in weekly timeframe from previous analysis and now it has given a strong breakout of horizontal resistance and weekly 200 SMA One can add this stock in your watchlist.
PAGEIND chart looks amazing. A rejection from bottom which shows there is huge demand. A proper consolidation in Daily Timeframe, and now ready to blast off. Why Blast? The two Pinbar candles shows demand from bottom, and which will react on chart in coming days. One can keep this stock in watchlist.
Silver is in bullish move since past few months. After a good trendline and resistance breakout it has come to test it, and formed a good bullish candlestick pattern to support its trend. You can put Silver in your watchlist.
NTPC has formed a cup and handle type structure and its price action looks strong for upmove. Fundamentals are good for NTPC. You can keep this stock in your watchlist. A target of 200 is likely in near future.
Watch HDFC for its trendline support test and wait for a reversal pattern on it to go for a long Also 200 Moving Average support below trendline
CANARA BANK Loosk weak as per SMC structure analysis Everything is marked on the chart, and is easy to understand.
Observe the price action of NTPC. The price action keeps on repeating itself in Weekly Timeframe. Now, again it has formed a price action of ABCD. Will it move up?
APCOTEXIND Looks weak in Weekly Timeframe Wait for a confirmation candle
ABB Looks good to buy above 3440 ABB Tried a downmove, but buyers are strong and pulled it upwards We can see a sharp upmove in ABB in coming days
CANARA BANK is one stock that I have found out for my Next short trade. There are two POIs, so be careful in which you select to trade. StopLoss would be above the swing high
BAJAJ_AUTO Looks Weak - Weak Auto Sector - Weak Nifty
I am Bearish, when it comes to M&M Few Reasons 1. Auto Sector Showing Weakness 2. Fake Breakout to upside 3. The only support now it has is near to 1000/- price level
Ultracemco Looks Bullish when compared to Nifty's Performance since few weeks. Making Higher Lows, and positive divergence w.r.t Nifty Can put in your watchlist for BUY