بواسطة Nagaraj Shetti
لا يزال الاتجاه قصير المدى لشركة Nifty إيجابيًا. © المقدمة من The Financial Express
بعد أن أظهر ارتدادًا صعوديًا جيدًا يوم الثلاثاء ، شهد Nifty حركة متابعة جيدة من أدنى مستوياته خلال اليوم يوم الأربعاء وأغلق اليوم على ارتفاع بمقدار 86 نقطة. بعد الافتتاح بملاحظة ضعيفة ، انزلق السوق إلى مزيد من الضعف بعد الافتتاح بفترة وجيزة. أظهر لاحقًا ارتدادًا صعوديًا من أدنى مستوى لليوم عند 17855 وسط حركة نطاق. تعزز الاتجاه الصعودي في النهاية وأغلق Nifty بالقرب من الارتفاعات. تم تشكيل شمعة ثور طويلة على الرسم البياني اليومي ، والتي تعود إلى الوراء في الجلستين الأخيرتين. تجاوز Nifty العقبة الحاسمة لخط الاتجاه المنحدر لأسفل (القمم السفلية المتصلة) حول 17950 وأغلق على ارتفاع. يشير هذا النمط إلى اختراق صعودي مستدام للمقاومة الحرجة. هذا مؤشر إيجابي.
Conclusion
The short-term trend of Nifty continues to be positive. The upside breakout of important resistance of down trend line and overall positive chart set up is expected to result in further upside for Nifty towards the next key resistance of 18250 levels in the near term. Immediate support is placed at 17850 levels.
Stock PicksMPHASIS LTDBuy | CMP: Rs 2156
The weekly timeframe chart of this IT stock (MPHASIS LTD) indicates a gradual upmove over the last few weeks. The stock price was in an intermediate down trend in the past and has declined as per lower tops and bottoms on the weekly chart. It seems to have formed a bottom reversal around Rs 1900 levels in Dec and has been moving up sustainably since then. The previous negative chart pattern is at the verge of turning into bullish formation like higher tops and bottoms. Hence, the stock price is expected to move up in the coming weeks. A sustainable move above the hurdle of Rs 2180-2200 levels could be considered as a decisive upside breakout of the accumulation pattern. Daily 14 period RSI shows positive indication. Buying can be initiated in MPHASIS at CMP (2156), add more on dips down to Rs 2070, wait for the upside target of Rs 2360 in the next 3-5 weeks. Place a stoploss of Rs 2010.
Buy | CMP: Rs 1251
The weekly timeframe chart of Route Mobile Ltd indicates continues down trend over the last many months. After showing a range bound action in the last one month, the stock price has moved up sharply in the last week, and is currently trading higher post minor downward correction. We observe an attempt of upside breakout of down sloping trend line at Rs 1270-1280 levels. Hence, a sustainable move above this area (Rs 1280) is expected to bring sharp upside momentum for the stock price ahead. Weekly RSI shows positive indication. Buying can be initiated in ROUTE at CMP (1251), add more on dips down to Rs 1200, wait for the upside targets of Rs 1355 and Rs 1430 in the next 3-5 weeks. Place a stoploss of Rs 1165.
(Nagraj Shetti, Research Analyst, HDFC Securites. Views are author’s own.)