Consolidation is an important phase of shares. It is the strengthening of the stock and business.
Consolidation leads to demand in stock eventually. The informed investors start to pile up the bargained stock and demand rises gradually.
As the Momentum indicator suggest that momentum is capped now. And it has a book value of 82/- which is like 50% less than the current price. Usually steel shares trade near book value. The fundamentals are opposite to the movement of stock currently. Wait for the q4 results for any decision
👑Royal Trade👑
BAJAJ AUTO
We buy Call and my Target is 5100
Dont buy any trade without stop loss
Should I buy Bajaj Auto share?
Bajaj Auto has TTM P/E ratio 20.35 as compared to the sector P/E of 17.54. There are 43 analysts who have initiated coverage on Bajaj Auto. There are 9 analysts who have given it a strong buy rating & 12 analysts have given it a buy...
LNA stand for Late night analysis
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👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and...
👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
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Self-explained chart: All well explained in video with SL, TARGET and How you can wait for a better trade-in it
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time...
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Self explained chart
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly...
NSE:TATAELXSI chart breakout on 30th June. Go for a long position with the stop loss of 4090. You might see a very big uptrend in the next coming month.
Keep watching Tata Elxsi. It might change your life.
Welcome to coinology. NSE:TCS is giving breakout on its daily chart. You can see positive divergence on the RSI. Go for long on TCS Daily chart target up to 40-50%, with a stop loss of that previous support line.
