NiftyIT sector is looking very weak as we have seen a breakdown of support. BSoft is one smallcap IT stock which has big potential to grow in future. Currently, stock is retesting its previous ATH and once stock goes above 650, a good swing trade can be initiated only if NiftyIT turns bullish. If we see a fall in this stock and you are a long term investor, best...
Reliance Industries, a major component of Nifty 50 with more than 10% weightage, is currently trading at 2850, which is the 61.8% FIBO retracement level of the last swing. We might expect a good bounce from this level. However, if this level does not sustain on a closing basis, we might see a fall to 2728, where there is a strong demand/support zone at 2647 -...
Grindwell norton making Cup & Handle pattern. Look at the false breakout. Long upper shadow signifies selling pressure. It's either good to wait for weekly close or have SL at breakout level. False breakout then retraced to 61.8 fib retracement and took support. Also, it was long term trendline support. Plus look at the long lower shadow which signifies strong...
Mazdock followed by stellar results agrees to make electric tugs. daily chart showing breakout. Volumes rising in 15m chart. Fundamentally strong stock. Disclaimer: Holding
Today nifty after a gap down opening has remained in a 100 points range closing 83 points lower. The daily candle is looking bearish and chance of testing 22580 levels are high, if it starts trading below today's low of 685. Nifty is trading between the moving averages and 20 ema is around the support zone. A bullish leg is there in the market and it is the...
One of the fundamental companies of sugar industry is eid parry. Good capital allocation. Increasing ROCE
I daily make educational content videos for swing / positional trading
Solana showing steady move and weekly breakout as per the fibo retracements. First resistance of the fibo bottom has bin decisively broken. It's ready to take the next levels.
Birlasoft showed good strength earlier. Consolidating in the zone. Will rise again from the last support.
Stock Tring to Breakout of the rounding bottom after 5 Years If this Breaks the All time High of 103 can zoom to 141 Longer term 1.5-2 Years can be 290++ Support is there at 79 but we will take the SL there Entry Point is good above 90 Take informed decision check fundamentals please.
Look For Fib Golden Zone Take Entry After Clear Confirmation and Book Some Profit @ 1:2
Sbin cards i follow last several years something is cooking inside the candle and chart pattern what is key 1-First he follow fab. point 2- hold 2 down rising channel parallel way which is sign on reversal 3- there is flag on 2021 at the price of 1060 that will reached that price as early as possible supply zone and resistance at the 820 and 840 FLY zone...
My view on this script is bullish. It has potential to Reversal from this zone. Target 1=1619(1:1) Target 2=1632(1:2) Stoploss=1593
Good opportunity to take long trade Entry zone around 112 Targets already mentioned in chart
It appears that Gland Pharma has broken out of its downtrend. The stock has been maintaining higher levels for an extended period and has successfully breached the falling trendline. There's significant potential for upward movement from here.
For educational purpose only. If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
For educational purpose only. If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
Naukri has made a double bottom 4300 is an immediate resistance, hoping it will break that resistance and chances to reach 6540 Immediate Resistance: 4300 Target: 6540 Lets see if this is possible or not