Tuesday, February 15, 2022

Some Technical Reserch Based on EOD Base charts on 15-02-2022 for coming days.

Adaniports

As per chart  look in a range bound move. Currently Trade Near Lower Level of Range and today made "Out Side Reversal" Bullish candlestick pattern. So If Tomorrow cross today High 723 then we see try to Touch 200D SMA @ 736, and if success to cross then we may see till upper side of Range.

 

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Bajaj-Auto

As per chart we see that is trade in Triangle Pattern, and Pattern near to Close Triangle. After made Double Bottom cross Center point and closed above that swing So if cross today's High Cross tomorrow then chance that it may cross Upper side Resistance Trend line and New Fresh Break out On Chart and May touch 200D SMA on upper side @ 3742. 

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CoalIndia

As per chart we see that it's test break out Trend line and Bounce from that level with good Volume.IF Tomorrow cross today's High then we may see more upside up to 170-174 support at today Low.

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Grasim

As per chart we see that is trade in Rising Wedge and currently test support trend line and good Bounce with good Volume and Made " Out Side Reversal" Candle with Closed at High.  Good Support level at 1650-60 with Stop of Below Support Trend line 1635, and one can Buy above today's High 1716 for Upper Side 1735-1750-1760-1790.

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HdfcBank

As per Chart we see is in Triangle Pattern and Today Closed Just below Support Trend line after touch it. If Tomorrow cross that then cross 200DSMA Also. We see some more upside, 1535-1539-1555-1560-1576 with Stop of below 1500.

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Heromotoco

As per chart we see is in Expanding Triangle Pattern. And we see that Resistance Trend line and 200D SMA at near. And today cross and success to Cross that Resistance Zone and Closed above that also. One can Buy above 2785 for More Upside 2818-2939 with Stop of below 2750.


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Nifty

As per chart we see that is Stuck in 2 important Moving Average 200 at support and 100/50/20 all as Resistance. So must Sustain above or Below that average for Clear Direction.



 

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