Oreomonster

Oreomonster

Bank Nifty - Support and Resistance for coming week

Oreomonster

Inverse head and shoulder breakout on weekly basis should be kept on watch. below 114 is the invalid point.

Oreomonster

After a fantastic run up from 17k levels to a new 52W we did not saw a retracement in the price. On week to week base i have marked the important fib levels and for a very short term trend 18100 support need to be protected if by any chance we broke the support level we may see the price going for a retracement/gap filling zones. View for the Nov month expiry will...

Oreomonster

A Breakout from downward trendline and Up move with good volumes after the earnings are being announced shows some amount of strength in the script a close above 2705 will also confirm the reclaim 0.618 Fib level of the down move which can also bring some momentum in this script. Expecting it to reach 3200. SL as per suitable risk apatite.

Oreomonster

Considering the actions of last week the script has closed at its ATH price on the accounts of earnings. lets see if the movement still continues an aggressive entry will be at CMP and a safe entry can be made at 1650 levels with the suitable risk apatite can se 2300 level. PS - view is only for educational purpose.

Oreomonster

After much of consolidation the time has Arrives for the big move. considering the jump in volumes with higher numbers reported by the competitor market participants are also expecting higher growth from this counter. PS. Views are personal and only for education purpose.

Oreomonster

Recently listed IPO breaking out from the first base shows the recent demand for the script. Purely for swing purpose. can Head higher to 385 - 485 levels in coming days. PS - Views are personal and for educational purpose only.

Oreomonster

With the highest ever closing last week price has indicated that we can move higher from here. possibility to head towards 1400-1700 is on the cards. enter with appropriate risk appetite. PS. Views are personal and only for education purpose.

Oreomonster

Stock has given a good breakout from the IPO base in a very short span of time after which stock has formed a higher base and currently is in set up to breakout again. a nice pivot point has been formed between 175-190 zone in which previous supply has been absorbed and the stock ready to start a fresh move from here. Ideal level will be 190 to build a position...

Oreomonster

A good set up in the making. Almost after a year of consolidation price is trying to move out of the range which can open the doors of higher range. P.S - Very small stop loss P.S - Views are personal and for education purpose only.

Oreomonster

Considering the bullish momentum in Auto was expecting a pull back in the sector from the recent top however closing above previous high and new ATH has been established so there is a long way to go with a key support of 1014. Disc - views are personal trade accordingly.

Oreomonster

A base formation over the previous base. Volumes picking up. need to keep an eye a close above 884 can bring the momentum. Disc - Just view not in the position yet.

Oreomonster

Good structure in the making. need a strong close above 42.50 for major hurdle to cross.

Oreomonster

A nice base formation combination of multiple patterns a VCP and Darvas Box and Fibonacci. can stage early entry at the Daily close of 3270 will prove the strength and a close above 3375 will bring the momentum in. Disc - views are personal trade carefully.

Oreomonster

Rejecting from W 0.618 and closing below the upward trendline makes this is perfect candidate to short. Dropping below 4100 will open doors for 3750 - 3330 if continue to see the downfall in the IT sector. Disc - Personal views trade according to your analysis and risk appetites

Oreomonster Updated 

This also looks like a turn around story. double bottom on weekly and crossing the long running downward TL. breaking out of this will lead to previous high level so they also coincide with Fibonacci

Oreomonster Updated 

As banking sector is gaining momentum. ICICI bank is also all set to take on new highs a good stage formation after a good run up. Breakout awaited.

Oreomonster Updated 

SBI life consolidating near high absorbing supply.