IshanMathur05

IshanMathur05 Feb 20

ABB is looking quite reasonable, and the chart indicates short-term bottom formation. Presently , a base for an upside would be 5112. If ABB crosses and sustains above 5112, then we can expect good upside upto 7116-7450+ . On the downside, risk is present if it breaches 4996. Upon breaching 4996, we can expect a downtrend up to the range of 4660-4045.

IshanMathur05 Feb 16

Banknifty is looking uncertain and we can expect high volatility throughout the week. Imp range on the downside would be 48500-47400 and in between an imp support would be 47986. On the upside banknifty can give upside only if it successfully crosses and sustains above 49776 and it can go upto 50300-600.

IshanMathur05 Feb 16

Nifty is looking neutral , we can expect small range movement throughout the week. Not expecting nifty to breach 22600 on the downside and 23500 on the upside. Expecting green candle formation. on weekly charts in the upcoming week.

IshanMathur05 Updated  Feb 9

Nifty is looking uncertain. If Nifty crosses and sustains above 23750, only then we can expect upside momentum upto levels of 24156-24300. The base for an upside would be 23612. While on the downside, if Nifty breaches 22750, upon its breaching 23400, there would be strong short covering levels of 23292 and 22950.

IshanMathur05 Feb 7

Banknifty is looking dull, upside looks tough. Banknifty can slip up to a range of 48994-49315 if it breaks the support range of 49750-49350. For upside, a base level would be 50427. And if Banknifty successfully crosses and sustains above 50832, then we can expect strong upside up to levels of 51850-52270 in the upcoming week. 
Disclaimer-: NOT A BUY/SELL...

IshanMathur05 Feb 6

Bharti Airtel can continue with its upside momentum, and once it crosses and sustains above 1710, it can give good upside momentum, and 1766 will be the level which can take Bharti Airtel into blue sky territory of 1900-2000+ . The most pessimistic level on the chart would be 1297 in the mid-term. All levels are marked in the chart posted.

IshanMathur05 Feb 3

PI Industries is looking very positive on charts. We can expect the previous high of 4644+ once it crosses and sustains 3850. On the upside, it can face some resistance at 4263, but if it crosses it, we can expect levels of 4644+. But if it breaches 3429 on the downside, then we can expect it to take support between 3266-3140. Imp short covering levels on the...

IshanMathur05 Feb 1

Nifty at present looks vulnerable for upside until it crosses and sustains above 23670. Once it crosses and sustains above 23670, we can expect good momentum up to 23900-24100 . On the downside, on a breach of 23270, we can expect sharp momentum on the downside up to levels of 22800-500 . Expect high volatility in the first half of the week . All levels are marked...

IshanMathur05 Feb 1

Nifty Bank is looking uncertain for the upcoming week. We can expect it to remain volatile . We need to be cautious while chasing upside as 49887 is still a resistance for Bank Nifty. Up on crossing and sustaining above 49887, we can expect some short covering up to levels of 52150-52475. Upon breach of 48829, we can expect Bank Nifty to slip on the downside, up...

IshanMathur05 Updated  Jan 30

Bajaj Finance is currently exhibiting promising performance on the charts, trading at 6465. We anticipate significant upside potential as it surpasses and maintains a position above 6700, potentially reaching 7800-8300. However, if it breaches 6257, it may test crucial short-covering levels, as outlined below: 1. - 5994 2. - 5701 3. - 5380

IshanMathur05 Jan 29

MASTEK is looking positive on charts , and once it crosses and sustains above 2691, then it can go up to 3475-3661. And on the downside, if it slips further, then the important support range on the downside would be 2315-2128. And levels for short covering on the downside to look for would be 1924. Also, keep an eye on imp short covering levels, which are less...

IshanMathur05 Jan 26

Banknifty is looking uncertain. The downside risk is still open, and the range of 47600-100 will be crucial for short covering. And on the upside, 48900 will be a very important level for upside in Banknifty. Once Banknifty crosses and sustains above 48900, then it can go upto 49600-700. Although I expect banknifty to close in green on weekly basis .

IshanMathur05 Jan 26

Nifty is expected to remain highly volatile in the upcoming week due to multi-event and news flow week. On a weekly basis, my view remains that if Nifty tests any imp short covering level, then we can expect strong short covering making Nifty close in green on a weekly basis. Imp short covering levels on the downside are: 1.)22803 2.)22460 3.)22338 All levels...

IshanMathur05 Jan 24

ICICI Bank is looking interesting, and while it can fall up to levels of 1162-1080, which will make this stock extremely reasonable in the short term , however, if it crosses and sustains above 1260, it can give upside up to 1400-1440 in the short term. NOT A BUY/SELL RECOMMENDATION.

IshanMathur05 Jan 23

Indigo is looking reasonable, and from here on, if it gives a downside, it would become a good candidate for upside in the short to medium term . An important range to watch on the downside would be 3912-2740. We can expect a trend reversal if it crosses and sustains above 4400, and it can go up to its previous highs of 4935-5050. All levels are marked in the chart posted.

IshanMathur05 Jan 21


Bharat Forge appears to be showing signs of recovery, and in the short to mid-term, we can anticipate a positive turnaround. A potential downside range for accumulation would be 1133-1023. Once the price crosses and sustains above 1344, it has the potential to rise to 1550-1670 or higher. All relevant levels are indicated in the chart provided.

IshanMathur05 Jan 19

Nifty is looking weak. Any short covering would become a sell-on-rise scenario for bears unless Nifty crosses and sustains above 23470. On the downside, if Nifty breaches 22750, then it would be testing imp levels of 22630-22300. All levels are marked in the chart posted.

IshanMathur05 Jan 19

Nifty bank is looking weak and we can expect it to fall up to 46850-550 upon breaching 47433; otherwise, it can remain range-bound. A level to watch for strong upside would be 49204; before that, no confirmed upside.