01 December 2014: Stock Chart Analysis for intraday – RELIANCE, CANBK and BHEL

RELIANCE (991.60)
Buy above 999/SL 994/ Target 1005|| Sell below 988/ SL 993/ Target 980-975

CANBK (412.30)
Buy above 415/SL 413/Target 421||Sell below 409/ SL 412/ Target 402-400

BHEL (283.80)
Buy above 288/ SL 286/ Target 292||Sell below 281/ SL 283/ Target – 278-275

I’m Praveen Kumar, a seasoned Technical Analyst and stock market trader with over 25 years of experience in the Indian equity and derivatives markets. My passion for numbers and patterns led me to a dual career as a Mathematics Teacher and market technician. I specialize in Technical Analysis, with deep expertise in Elliott Wave Theory, derivatives strategies, and market forecasting. Over the years, my analysis and market views have been featured on NDTV Profit as a financial guest, along with published articles on reputed financial web portals, sharing insights on Nifty 50, Bank Nifty, and stock market trends. As a trader and analyst, I focus on interpreting price action, chart patterns, wave counts, and technical indicators to deliver precise market levels and actionable trade ideas. My approach blends classical charting with modern analysis tools to help traders navigate market volatility. Through VieCapital, I aim to share daily market analysis, trading strategies, and educatio…
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