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 »
Lets analyse Godrej Consumer Products via weekly chart. You can see in its weekly chart that, it recently hit its support of 745 and then started to bounce. Now we can see that its now trying to give a break-out from the upper resistance line. And it price action indicating the up-move. Buy position can
Godrej CP – Positional View Read More »
Let’s analyse Reliance Industries weekly chart. We can clearly see that Reliance is in uptrend but movement is in a parallel channel since July 2020. Now it is hitting the upper resistance of that channel 3rd time. So is it going to give a break-out for another rally? Or is it going to fallback in
Reliance Ind – Positional View Read More »
Since Jan/Feb 2021, Apollo Tyres is playing in a range..that is 205 – 242. Then in Feb/Mar 2022, it fell to its support level near 180. It bounced from that level and entered in the range again. Now what next? The its price action shows that it is trying to go up. It may again
Apollo Tyres – Positional View Read More »
HDFC is at strong support and showing strength here. It is expected to go upside with targets of 1440-1450 and then if it crosses and goes above then 1520-1530. If upside move does not shows strength in coming days then it should hover over this support for longer period. Chances are less to break this
HDFC Bank – Positional View Read More »
In last 2 years, the rally which Mindtree gave is actually a dream-run. From the price of approximately 900 in Apr 2020, it touched a high of 5060 in Nov 2021. Its manifold returns in just 20 months approx. Really dreamy… 😍 What next?Now, from Jan 2022, it started showing the sign of exhaustion when
Mindtree – Positional View Read More »
