Tata Consumers (TATACONSUM) is a stock which is trading in a range from time i.e. since Aug. 2021. Now its very near and approaching to its ATH. So what will happen next. Let’s discuss. In monthly chart, the range can be clearly seen having strong support near 690 and resistance starts near 870. Last 3 […]
Tata Consumer (TATACONSUM) – Make or break! Read More »
In last four weeks, Infosys has rallied of more than 200 points and made a high of 1499 on Wednesday (19/07). Those who already have this stock and entered at lower levels are sitting on good profits. Now those who are looking for an opportunity to enter in this stock, are looking for a good
Infosys – Keep an eye! Read More »
Today we are going to do the analysis of Nifty IT. If we the chart below which is monthly chart we can see that since May 2022, its trading in a range. And now the July candle it is forming is looking like a good green candle.. (at least so far). So it looks like
Nifty IT (IT Index) – Will it go up ? Read More »
Today, lets talk about bank Nifty. If we see Bank Nifty’s daily chart, we can clearly see how powerful breakout Bank Nifty has given. It came out from the channel which it was following from past 9 trading sessions. In chart we can see that it is very close to its ATH resistance near 45600.
Bank Nifty Analysis Read More »
After my previous post on Nifty, and as mentioned there, we got the entry in Nifty around 19525 and we are already in profit of 185 points. So what’s the target… Lets discuss with the help of below chart. Here we can see that as mentioned in earlier post of Nifty, we entered as soon
Nifty – Moving up like Chandrayaan 😀 Read More »
Let’s do analysis of Nifty now. After Nifty’s last correction phase (which started from December 2022 and it went till March 2023 ), it started the bullish move and bulls pushed Nifty to All time high of 19523 in this month (July 2023) See the monthly chart of Nifty, how it made 3 red candles
Nifty – What next ? Read More »
Since October 2021, IRCTC stock started falling after making an all time high of 1279. It was forming a triangle since then taking support on its support zone of 565. Now if we see the stock’s current price action in the weekly chart, it looks like it is trying to give breakout. In daily chart
IRCTC – Looking bullish? Read More »
Today let us see charts of Gujrat Gas (GUJGASLTD) and let us do the technical analysis of it. Looking at its weekly chart, we can clearly see that from last 1 year this stock is trading in a range which is continuously decreasing and forming a triangular pattern. Now its very close to give break-out.
Gujrat Gas – In a triangle.. Read More »
Today let’s do technical analysis of Tata Steel Stock. Since Aug 2021, this stock is trading in a range which keeps on narrowing and is forming a triangle. In weekly chart, we can see its triangle pattern. Now this triangle is too narrow and stock break-out chances are increasing. Break-out can be on any side..
Tata Steel – Look for breakout! Read More »
HDFC AMC which is HDFC Asset Management Company, its stock chart is looking interesting. So lets do analysis of this stock. Lets look at the monthly chart. In monthly chart we can see that its all time support zone is near 1700. If we take a look on last few months candles, the stock price
HDFC AMC – Good time to enter ? Read More »
Today let us do a short analysis of SGX Nifty. SGX Nifty is not tradable but as we know how Nifty and SGX Nifty affects the move of each other. Both are currently looking bullish and are in uptrend from sometime. But will this trend continue or is the trend reversal is just very near?
Today let us study the charts of HDFC Life Insurance stock. First let’s look at the monthly chart of this stock. In monthly chart, we can clearly see that stocks all time support zone is near 495 and all time resistance is near 725. The stock is currently trading just below 600 (at 594). In
HDFC Life – Looking bullish ! Read More »
ICICI GI monthly chart we are going to analyse first. In this chart we can see that it’s near break-out. By looking at the chart if formed good bulling green candle in May and now in June also its forming a good green candle so far. Keep an eye for the breakout 1250 level and
ICICI Lombard Gen (ICICI GI) – Keep an eye Read More »
Today the stock that we are going to analyse is MAHLIFE i.e. Mahindra Lifespace. First we see monthly chart. In monthly chart we can see that near 346 is its support zone. Since April 2023, it took support and started moving up. In May month it made a good green bullish candle indicating its mood.
Mahindra Lifespace (MAHLIFE) – buy or sell ? Read More »
Tata Power is Tata’s power supply and transmission company. Let us see its stock chart today. First we will look its monthly chart. In monthly chart we can see that after giving a breakout near 96, it continuously moved up until it touched 298 (near 300 level). Then it started its retracement. I applied Fib
Tata Power – Moving up ? Read More »
Today let’s do analysis of Reliance Industries Charts and identify the possible moves and opportunities. First we will study the stock’s weekly chart. In weekly chart of the stock we can see the long term support zones and resistance zones. We can see that last time it hit the support zone in the month of
Reliance – Will it go up? Read More »
Bandhan Bank stock technical analysis is here. First let’s analyse its monthly chart. In monthly chart we can see that its strong support level is near 200. As soon as stock hit this support level in Mar 2023, it bounced and we can see green candles for Apr & May 2023. Also we can see
Bandhan Bank – Clear breakout ! Read More »
Cipla Ltd is a popular name in healthcare products and pharmaceutical industry. Let’s analyse its stock today. First lets see its monthly chart. In monthly chart we can clearly see that May candle is taking support on 900 level which is its strong support level. Now lets see its weekly chart. In weekly chart we
Cipla – Near support…! Read More »
Today we are doing analysis of stock Balkrishna Industries. Let us first see its monthly chart. In monthly chart we can clearly see that this stock is trading inside a triangle pattern from a long time (around 2 years approx). Now this month (May 2023) its trying to form a break-out candle. So for now,
Balkrishna Industries – Breakout Read More »
Today on 22nd May, after long time Adani blasted and gave super bullish move with 18.92% up in a day. As per data, the total quantities bought is 26,311,368 and as we know open price was 2010 and closing price is 2326. This is a huge volume, and it looks like 2000 level should work
Adani Ent – Huge Volume Read More »
Let us talk about Birla Soft today. First lets look at its weekly chart. In weekly chart we can see that its support zone is near 268 and it already took support from this zone. Now it reached to its resistance zone near 332. We need to keep an eye on the stock and if
Birla Soft – Watch for entry Read More »
Kalyan Jewellers India Ltd. owns and operates jewellery stores. Today we are analysing charts of this stock. First let’s see its monthly chart. In monthly chart, we can clearly see that its bullish move started in June 2022 and it showed a good up move and a made a high of 134 (more than double
Kalyan Jewellers – Time to invest… Read More »
Hindustan Unilever Ltd. HUL is a heavy weight stock and today let us do analysis of this stock. First let us see its weekly chart. In this chart we can see that it is taking support in the zone of 2400 – 2440 from past 6 months. Now it is trying to give breakout. Also
HUL – Keep an eye… Read More »
Let’s talk about UPL today. UPL Ltd. engages in the business of agro chemicals. Looking at its stock, technical charts are looking interesting. First let’s see its weekly chart. Weekly charts are indicating breakdown in the stock price. From past 6 months it was holding at its support zone near 695. So how we can
UPL – Time to short it Read More »
Today let’s do analysis of FSL i.e. Firstsource Solutions Ltd. Looking at the monthly chart we can easily identify its support zone which worked well since June 2022 and almost a year its just keep on trading on this support zone. Now this month candle so far is looking bullish. Now lets have a close
FSL – Looking bullish… Read More »
Laurus Labs Ltd. develops and manufactures active pharmaceutical ingredients for therapeutic areas. Let’s see what charts have to say. In the monthly chart, we can see that stock’s all time support level is between 270 – 290. After taking support in Apr 2023, It bounced and now trading at 330. So now what should we
Laurus Labs – Time to accumulate ? Read More »
Today lets talk about BPCL. Lets first look the weekly chart. Chart indicates that the stock has strong support zone from 300 – 322. In Feb 2023, it took support and started going up. There is a triangular resistance line and small resistance zone between 351 – 356. Now as we can see the stock
Today we are analysing Havells Stock. In weekly chart we can clearly see that its support zone is near 1060 and it bounced everytime it came down to that support level. Last time in Dec 2022, it took the support and now slowly moving up. We can also see that its inside a triangle. Its
Havells India – What to do ? Read More »
Nifty again hit the resistance line. If it gives break-out, I will go for buy only above 18000. There is small resistance looking near 18k also. Once that crossed our next target would be 18185 – 18260 zone. The other possible move is downside. It can come down near support 17400 and if breaks can
NIFTY – Next possible moves Read More »
Max Financials Services Ltd. (MFSL) started falling since July last year after hitting ATH of 1148 and it kept falling till Dec 22. Now this year it started going up and gave a break-out which is clearly visible in chart. Now, what to do? Can we enter long in this? I would say wait and
MFSL Breakout – Wait for entry… Read More »
Today let’s analyse JK Lakshmi Cement. This stock is currently trading at 738.20. First look at the weekly chart. As we can see in weekly chart, it formed a nice price action. After breaking the resistance of 527, it took support (or may call – it retested) and then started to move up. After hitting
JK Lakshmi Cement – Looking bullish? Read More »
Let’s do technical analysis of BPCL stock. In its weekly chart, we can see that its all time support zone is somewhere between 300 – 322. It hit that support, immediately bounced from there, took support on it and now planning to goo up. The next visible target for short term of 3-6 months is
BPCL – Bounced from support Read More »
From past one year approximately, Dow is trading in a triangular pattern which has been decreasing continuously and now the range is quite narrow. From past two days, dow is falling whereas Nifty is moving upside. Either one will have to match the other one – sooner or later. When – market can only tell.
Dow Jones – Squeezing triangle Read More »
Let’s look the Adani Green chart. In weekly chart you can clearly see that it was trading in a triangle from long and now it has given the break-out. This break-out also has good volume. So when to enter in it? Let’s see the daily chart. In daily chart, we can see that it has
Adani Green – Getting ready for entry Read More »
Time to analyse Reliance Industries. First let’s look the weekly chart. As we can see in weekly chart, its moving in a parallel channel from long time. Also we can see that it has a resistance zone above 2752. Right now its taking support at the lower line of channel. If support works, it will
Reliance Ind – Will it take support? Read More »
Let’s look at the Adnai Ent. chart. For this stock, it looks like 4000 to 4200 is a strong resistance zone. It started falling from that zone from 21st of Dec 2022. After taking some minor support near 3625 it tried to goo up but its falling again. As soon as it breaks this support,
Adani Ent. – Looking bearish for now Read More »
Welcome everyone to a platform which I ever wanted to create where I can share my analysis, views, charts and much more related to Indian Share Market, Nifty, BankNifty and Stocks. I will be soon start sharing my charts and analysis. All those who want to learn share market, this platform will provide them a
Welcome to Wowsome Trades Read More »
