Shipping Corporation of India Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (February, 2024). Now It has given a Downtrend breakout & Closed with good bullish momentum candle & with good volume in weekly Time Frame. 3) The next resistance would be It's previous Life Time High (290.75 - 10.75% from the price 262.50). 5) Recommendation - ...
-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and, Long Base = Long Breakout . -DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes. -Clearly, Green vol > Red vol -VCP pattern (15W-22/6-3Ts) -Earnings due on 28th May Setup is...
Results: Decent comeback quarter with solid revenue growth which reflects well with EBITDA n PAT growing at better pace Rev at 3002cr vs 2258cr PBT at 45cr vs 37cr, Q3 at 33cr PAT at 47cr vs 23cr, Q3 at 24cr Includes 10cr one off income OCF at -102cr vs -114cr TA: -Check vol on falls(red arrows) how it is decreasing means supply drying out -DTL BO (Down...
HFCL is in business of telecom infrastructure. With huge expansion of 5G and Reliance subsidiary JIO, Airtel, Indus Tower doing good, HFCL shareholder can also enjoy the piece of pie too. - With making HHs n DTL (Down Trendline) testing 3rd time, BO (Breakout) can happen. -Green Vol > Red Vol -Better n cheat entry was in 97-98 range when "Signal Candle" gave...
-Posted Good Results -DTL BO (Down Trend Line BO) anticipation -Tight closes near weak resistance as I was tested multiples. -Demand is showing in last few days. Waiting eagerly for BO
LICHSGFIN ready to break many time tested resistance which make it more prone for BO(breakout). And sister stocks(by Jesse Livermore, stocks from same sector) : HUDCO n PNB Housing already gave good moves. And right now sister stocks are moving together: railway stocks, defense, infra. -Clearly Green Vol > Red Vol -Good Shakeout: when major ema undercut and...
NYKAA (1D TF) - Swing Trade Analysis given on 23rd May, 2024 Pattern: CUP & HANDLE - Volume Buildup at Resistance- Done ✓ - Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * Disclaimer
NIACL (1D TF) - Swing Trade Analysis given on 23rd May, 2024 Pattern: FALLING WEDGE - Volume Buildup at Resistance- Done ✓ - Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * Disclaimer
FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company. -right now, setup is in stage 1 but in uptrend so VCP concept can apply VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times) -check Red Arrows how supply is flushing with...
PNC Infra: -Tested 460-470 range several times but didn't fell much from there recovering fast, showing supply from resistance is not strong. -Tight closes near this Breakout (BO) level. -A long base forming, means can give long breakout (check Gold n Silver how they from long base consolidation gave big move). -Check red arrows what volumes are doing on falls....
#psubanks looking great!! Sharing my Favourite. #UCOBANK Good base formation done , volume almost dried. Reversal signs seen Support levels marked on the charts Keep in Radar Disclaimer - All information on this page is for educationaland learning purpose only. We are not SEBI registered financial advisor.
#ETH/USDT situation, focusing on the potential retest levels due to decreasing volume and the formation of a bearish shark pattern: #ETH/USDT Analysis: Decreasing Volume and Bearish Shark Pattern Indicate Potential Retest Levels ### Decreasing Volume Volume is a crucial indicator of market strength. When the price of an asset rises while the trading volume...
ITI (1D TF) - Swing Trade Analysis given on 15th May, 2024 Pattern: CUP & HANDLE - Volume Buildup at Resistance - Done ✓ - Daily Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * Disclaimer
Stock has closed with good volumes and good momentum and managed to close above Fibonacci No which is 61.8 one can look to buy abv 2405 sl 2220 tgt 2550. Disclaimer: I am not SEBI registered Analyst Kindly consult your financial Advisor before taking any trading decisions.
Dlink ind ready to brake tredline with Proper MACD and RSI above 60 High volume delivered in last week (0.8M)
BANK OF MAHARASHTRA (1D TF) - Swing Trade Analysis given on 29th April, 2024 Pattern: CUP & HANDLE - Volume Buildup at Resistance - Done ✓ - Daily Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * Disclaimer
NSE:NTPC gains traction over a past few months. Company tends to improve the energy generation process and also exploring clean energy generation. For long term, NTPC holds value and growth potential - Energy demand for future will rise by considering consequent heat wave across India due to global warming effect. Also expansion of Industries, extra luxury...
Biocon is among few stocks which did not participate in Pharma bull run. However stock has recently given a big volume bounce from its demand zone. 295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA. 1st breakouts are normally traps so use pyramiding to save your capital. If stock posts good...