Above Stocks
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Above Stocks is an Indian stock market update group. We provide our recommendations for educational purposes only. Consult ur financial advisor before performing any trades.
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Above Stocks
Positional Buy BHEL @ 81 Sl 75 Target 85,90,100++++
Target 1 achieved
New high 85.40
πŸš€πŸš€πŸš€
Head and Shoulder in Bank Nifty 5 Mins
Below 43160 , more downfall expeceted
43140
43131
43115
After retesting the levels, again making new low....
43110
Blue Star is rising as its Q4FY23 net profit nearly triples YoY to Rs 225.3 crore, aided by realising a gain of Rs 170.8 crore from the sale of land. Revenue also increases by 16.7% YoY, driven by growth across all its business segments. The company’s board has approved the issue of bonus equity shares in the ratio of 1:1.
Nifty forms Shooting Star pattern on weekly charts, 18,000 crucial for upside.

A shooting star pattern is formed when the index comes under selling pressure as traders start booking profits at higher levels. The pattern is usually formed in an uptrend and is treated as a reversal pattern but requires confirmation in the following sessions.
BANK Nifty at Important Resistance Zone
Ascending Triangle in Formation in Bank Nifty 5 Mins
breakdown given... FALL exptected
Instl. Investors EQUITY Cash Trades PROV. - 08/05/2023 : Rs. CRS. :

FIIS : BUY +2,124 (8,705-6,581)

DIIS : BUY +245 (6,252-6,007)
πŸ”˜US Inflation Rate YOY 4.9%, As per Estimates

πŸ”˜Us Core Inflation Rate YOY 5.5%, As per Estimates

🟒 Positive For The Markets