Price bounce back from weekly supply zone , looking good to buy at @cmp First Safe Target 1434. T2/1565
extreme valuation price -MACD divergence in longer, meduim and shorter MACDs price facing slow down at resistance low risk entry
-Posted Good results, EPS YoY 132% n 43% QoQ growth (thats type of growth in earnings you want to see in stocks you want trade) TA: - Mother Candle: 4 days Insidebar Candle -Green Vol > Red Vol -Consolidating near previous high BO level = constructive sign -Good flushing of sellers -Good Shakeouts, when price go below major ema, here both 21/50 emas, n rally...
Hi Folks, I am not a SEBI registered analyst; this analyst is based on my observation. i am not given Buy/sell or Sell/Buy any signal this just for learning purposes, Investor can use this to identify swing trade or positional trade setup if they know how to use price action. Here we can see Cipla LTD, is trading about 1500 level, this is very curtailing level...
FOR LEARNING PURPOSE Late Post MOTHERSON - The current price of MOTHERSON is 140.15 rupees (Now its around 143.70) I am going to buy this stock (already bought today) because of the reasons as follows- 1. Its coming out from a good consolidation base 2. The breakout candle is good with good volume 3. Its making a ATH now by going sideways for...
1.price breaking out of 7 year range 2.price above allmoving averages 3. shorter EMA stacked over longer EMAs 4.Shorter and longer MACD are above zero and signal line 5 . valuation is okasih target and SL marked
JBM Auto Ltd. is an interesting stock with following 1. RSI on all time frames DWM above 60 2. Narrowing Bollinger Bands on Daily/ Weekly Chart 3. Price moving on upper Bollinger band on daily chart 4. Rising trade and delivery volume on daily and weekly charts 5. ABCD pattern on weekly chart 6. Major Support at 20 SMA Daily and Weekly at 1900-1870 levels 7....
KPIT Technologies Ltd. is an interesting stock with following FUNDAMENTALS Company is expected to give good quarter Company has delivered good profit growth of 49.4% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 27.0% Company has been maintaining a healthy dividend payout of 30.1% TECHNICALS. 1. RSI on daily/Monthly...
Tube Investments of India Ltd. is an interesting chart with following 1. RSI on daily and monthly time above 60 2. Price crossed above 20 week SMA with volume 3. ABCD pattern under formation on weekly chart can be a good risk reward with buy on dips and dips only with support near 3670 - 3600 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL...
CIE Automotive India Ltd. is an interesting chart with following 1. RSI on all time frames DWM Above 60 2. Narrowing Bollinger Bands on weekly chart 3. ABCD Pattern on weekly chart 4. Stock Out Performing benchmark and Sectoral index both on 1 week and 3 months 5. Higher Trade and Delivery quantity on weekly time frames. Last but not the least - A...
Divi's Laboratories Ltd. is an interesting chart with following 1. Reverse Head & Shoulder Pattern on weekly chart 2. Narrowing Bollinger Bands on Weekly chart and Price walking on upper Bollinger Band 3. ABCD Pattern under formation on weekly chart 4. RSI on daily and Weekly time frame above 60 5. High Trade and Delivery quantity 6. Stock outperforming...
Reliance Industries Ltd. is an interesting chart with following 1. RSI on D/W/M above 60 2. ABCD Pattern under formation on weekly chart 3. Price crossed above 20 Week SMA during the week Can be a Good risk reward with buy on dips and dips as major support exist at 2870-2880 zone being daily and weekly 20 SMA support Lets see how it evolves Disclaimer:...
Ultratech Cement Ltd. is an interesting chart with following 1. RSI on all time frames DWM above 60 2. Price Crossed above 20 W SMA 3. Narrowing Bollinger Bands on weekly chart 4. ABCD Pattern under formation on weekly chart 5. Both ARS and SRS above zero Can be a good risk reward with buy on dips and dips only with major support at 9780- 9830 zone and next...
RTNINDIA breakout with volume. The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose
PFC given breakout with cup and handle pattern. Expected target 570 Time period : 2 to 3 months The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose
-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal...
HUL: if price go above 2387 and sustain in daily time frame target1-2431,2517,2586,2667 The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose
Results: Solid Q4FY24 Rev at 47622cr vs 44253cr Other inc at 1194cr vs 491cr PBT at 8375cr vs 6026cr, Q3 at 5134cr PAT at 6490cr vs 4871cr, Q3 at 5208cr Solid QoQ and YoY uptick OCF at 40784cr vs 47151cr TA: Horizontal Line Setup, will be better if it adds a bit of consolidation right here near this level n BO.