


Topic Statement: Avenue Supermarts (DMART) has corrected severely and is oversold, trading under the 180-day moving average near the accumulation zone, with gaps from the correction likely to be filled. Key Points: 1. Company posted an acceptable profit growth of about 5% QoQ for the 3rd quarter. 2. Price is under the 180-day moving average, indicating oversold...
Topic Statement: OFSS is on a bull run, with the stock price moving in an up-trending channel and currently touching the lower part, making it oversold. Key Points 1. Stock price is moving in an up-trending channel, hence channel trading is clear. 2. Price is currently at the lower part of the channel, indicating it is oversold, hence an opportunity is present.
Topic Statement: TCS has surged 6% following its third quarterly results, with the stock creating a gap. Key Points: 1. Stock has created a gap during the recent upward move and the price has crossed over the 180-day moving average. 2. Heavy support at the 4000 level. 3. Frequent resistance at the 4500 level.
Topic Statement: BANKNIFTY may face selling pressure as the breakdown of the long-term trendline signals a downtrend towards retracement levels which will act as potential support zones. Key Points: 1. The long-term trendline breakdown indicates a downtrend. 2. Retracement levels will be the targets during a correction. 3. Medium-term correction may occur up to...
Topic Statement: NIFTY has corrected severely, trading below the 180-day moving average and forming a wedge pattern that signals a potential big move. Key Points: 1. The price is under the 180-day moving average, making NIFTY oversold. 2. Candles are forming a wedge pattern, indicating a significant move upon breakout. 3. Gaps at the 25000 level suggest the...
Topic Statement: Colgate-Palmolive's stock has faced a severe correction but shows signs of reversal with strong support at 2700. Key Points: 1. The stock has very strong support at the 2700 level. 2. The price is trading below the 180-day moving average, indicating it is very oversold.
Topic Statement: DMart stock has been beaten down, becoming very oversold, with heavy support at 3500 offering a prime accumulation opportunity. Key Points: 1. The stock price is trading below the 180-day moving average, making it extremely oversold. 2. The 3500 level acts as a strong support within the accumulation zone. 3. The stock can be accumulated...
Topic Statement: The stock has become oversold but shows recovery potential as it moves in an up-trending channel following a recent breakout over the downtrend line. Key Points: 1. The stock recently broke out over its downtrend line, signaling a reversal. 2. It is moving in an up-trending channel, indicating bullish momentum. 3. The price is currently...
Topic Statement: Lupin has a bullish breakout potential, forming a triple top candlestick pattern with resistance at 2300, but may correct to 2000 if the breakout fails. Key Points: 1. The stock is forming a triple top candlestick pattern, which is a strong breakout signal. 2. Resistance is established at the 2300 level, if the breakout does not occur, the...
Topic Statement: Jio Financial Services is cooling off slowly after its stellar debut in the stock market, facing selling pressure and trading in a down-trending channel with strong support at 300. Key Points: 1. The stock is facing selling pressure after its stellar market debut. 2. Price is moving downwards in a well-defined down-trending channel. 3....
Topic Statement: HDFC AMC is subdued in a range of 4100 to 4600, with a wedge pattern signaling a potential breakout that could dictate its next directional move. Key Points: 1. A wedge pattern formation indicates a breakout could lead to a significant price movement. 2. Strong support at 4200 and resistance at 4500 shape the stock's current dynamics.
Topic Statement: Apollo Tyres is trading in a range of 440 to 570, offering distinct accumulation and distribution zones ideal for swing trading and option writing strategies. Key Points: 1. The stock is confined within a defined range of 440 to 570. 2. Clear accumulation and distribution zones provide opportunities for swing trading. 3. The range-bound...
Topic Statement: Voltas is on a bullish trajectory, moving in an up trending channel with crucial support at 1600, offering a buying opportunity near the 180-day moving average. Key Points: 1. The stock is steadily moving in an up trending channel, reflecting a bullish trend. 2. 1600 is a critical support level where the price has stabilized. 3....
Topic Statement: LICI's stock price has taken a severe beating, now oversold and trading in an accumulation zone around 900, which aligns with the 50% retracement level and lies below the 180-day moving average. Key Points: 1. The stock is trading in an accumulation zone around the crucial 900 level. 2. 900 corresponds to the 50% retracement level,...
Topic Statement: ZOMATO is on a steady bull run within an up-trending channel, offering accumulation opportunities near the 180-day moving average despite struggling to sustain above 300. Key Points: 1. The stock is moving steadily in an up-trending channel, reflecting bullish momentum. 2. Accumulation is recommended when the price approaches the 180-day...
Topic Statement: LTIM recently broke out above 6500 but faced a sharp dive during last week's market correction. Key Points: 1. The stock's breakout over 6500 was reversed by a significant price crash during the market correction and the price has created a gap as it moved downwards. 2. Trading under the 180-day moving average signals oversold conditions. 3....
Topic Statement: HCLTECH is on a bull run, moving in an up-trending channel, but overbought conditions may lead to a correction pending upcoming quarterly results. Key Points: 1. The stock is rising within an up-trending channel, indicating strong bullish momentum. 2. The price is overextended above the 180-day moving average, signaling overbought...
Topic Statement: BankNIFTY has fallen alongside NIFTY as major bank stocks slipped, creating buying opportunities near key support levels. Key Points: 1. The price is near the lower end of the up-trending channel, ideal for buying. 2. The price is touching the 180-day moving average, offering a strong entry point. 3. Gaps formed during the fall suggest...