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Nifty 50 rating by EMIL GES

Nifty 50 rating by EMIL GES

Last updated: 10.01.2019.

This rating is manually made and is for informational purpose only.

It’s not recommended to make any trades based on rating but it can help to understand which stocks are worth to hold, so this rating could be valuable only for long-term investors. Please, do your own analysis or contact professional who can give you valuable trading recommendations.

Terms used in table.

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NIFTY 50 – 05.08.2018.

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Trigyn Technologies - 26.02.2018.

Trigyn Technologies – 26.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Strong

First Target: 164 (Pivot point)

Close above Pivot point would confirm more than 14% rise towards previous highs.

Close above highs and rise will continue.

Inside this channel stock has great potential to keep heading North.

Close below 140 would result in more than 10% fall towards next important support zone.

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Caplin Point Laboratories - 18.02.2018.

Caplin Point Laboratories – 18.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 600 (Pivot point)

CAPLIPOINT need to clear Resistance then next stop will be around previous highs.

Close above 784 and rise will continue.

But while stock holds inside this channel risk remains on downside.

Close below 600 and we should see further weakness towards channel support.

Close below channel…

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Oil & Natural Gas Corpn. - 18.02.2018.

Oil & Natural Gas Corpn. – 18.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bearish.

Trend Strength: Moderate

First Target: 194 (Pivot point)

If ONGC starts to rise and it happens inside this channel chances to clear Resistance zone are

high. Close above Pivot point would confirm that bulls have taken control.

If there is close below channel next stop will be very important Support zone around 173.

If that happens there still…

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Prakash Industries - 18.02.2018.

Prakash Industries – 18.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 242 (Pivot point)

Close above Pivot point and next stop will be previous highs.

Close above highs would confirm further rise towards channel resistance.

If PRAKASH fails to clear Pivot point correction towards Support zone is possible.

Close below channel and further fall is more likely.

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Maithan Alloys - 16.02.2018l

Maithan Alloys – 16.02.2018l

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 926 (Resistance zone)

Need close above 926 and next stop will be around previous highs.

Stock looks very good on this Daily chart but there is huge Bearish engulfing pattern on Weekly.

Currently stock has problems to clear Resistance zone which could result in deeper correction

towards channel support.

Cl…

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Andhra Bank - 16.02.2018.

Andhra Bank – 16.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bearish.

Trend Strength: Strong

First Target: 36 (channel support)

Inside this channel Bearish trend is very strong and that’s why further fall is more likely.

Close below Minor support would confirm fall towards channel support.

If stock is able to stay above Minor support then rise towards Pivot point is possible.

Close above Pivot point would…

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Ganesh Housing Corpn. - 15.02.2018.

Ganesh Housing Corpn. – 15.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 146 (Pivot point)

I’m more Bearish right now just because stock already hit Monthly resistance zone and fell.

That 168 Resistance zone is key level to watch. If stock is able to close above rise towards

previous highs is possible. Close above highs and rise will continue.

But if stock stays below 168 fall…

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Nelco - 15.02.2018.

Nelco – 15.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Strong

First Target: 178 (Resistance zone)

While stock holds inside this channel First Target will remain 178.

BUT! Stock has reached not only channel resistance but also Monthly resistance zone.

Currently we must be ready for correction towards Pivot point.

Close below Pivot point and correction will continue.

Close below…

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Avenue Supermarts - 15.02.2018.

Avenue Supermarts – 15.02.2018.

Daily Sentiment: Flat.

Weekly Sentiment: Bullish.

Trend Strength: –

First Target: –

Need close above Resistance zone to confirm further rise.

Close below Support zone and further weakness is more likely.

Close below Support zone would confirm Double Top on Weekly chart, that’s why currently fall

seems more likely than rise.

But between these two levels DMART can keep moving sideways.

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Page Industries - 15.02.2018.

Page Industries – 15.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 19093 (Minor support)

If PAGEIND is not able to clear Resistance zone we will see fall.

Close below Pivot point would confirm that bears are getting stronger.

Close below Minor support and fall will continue towards Support zone.

If stock is able to clear Resistance zone next stop will be previous highs.

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Sun Pharmaceutical Inds. - 15.02.2018.

Sun Pharmaceutical Inds. – 15.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bearish.

Trend Strength: Moderate

First Target: 608 (Pivot point)

While SUNPHARMA holds inside this channel it has potential to rise.

To confirm further rise towards channel resistance need close above Pivot point.

While stock holds between channel support and Pivot point it could move sideways.

In other words, it could keep bouncing between these two…

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Reliance Infrastructure - 15.02.2018.

Reliance Infrastructure – 15.02.2018.

Daily Sentiment: Neutral.

Weekly Sentiment: Neutral.

Trend Strength: –

First Target: –

Also Monthly Sentiment is Neutral.

Currently this stock is untradable from technical perspective.

If we look at this Daily chart then close below Support zone would confirm further fall.

506 Resistance zone acts as Pivot point – below it bears are stronger.

Close above 506 and rise towards next Resistance zone…

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Indiabulls Ventures - 15.02.2018.

Indiabulls Ventures – 15.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 193 (Support zone)

If stock is not able to clear Resistance zone we will see fall.

Close below Pivot point would mean that bears are getting stronger.

It would result in fall towards first Support zone.

Close below 193 and next stop will be only more than 31% lower.

If bulls are able to clear Resistance…

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Can Fin Homes - 15.02.2018.

Can Fin Homes – 15.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 469 (Pivot point)

That zone below 538 is very important Resistance zone. It’s actually Weekly resistance level.

Weekly candle close above 538 would be good signal for bulls.

But if CANFINHOME fails to clear 538 get ready for fall.

Close below Pivot point and next stop will be around Support zone.

Close…

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Deepak Fertilisers & Petrochemicals Corpn. - 15.02.2018.

Deepak Fertilisers & Petrochemicals Corpn. – 15.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Strong

First Target: 334 (Minor support)

Stock has formed Head&Shoulders pattern which is one of the strongest reversal patterns.

So, DEEPAKFERT need a miracle now.

If there are no miracles then there are two potential places from where fall could begin.

First level has been reached already – Pivot point.

Second is neckline (in…