KNR Constructions has given a trendline breakout on the Weekly time frame. The stock can head towards 350, and 370 levels in the coming few weeks. Also, good volume can be seen on the weekly closing candle. The stop loss can be placed at the 279 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must...
Steelcast is holding strong at the trendline and touching the 200 EMA. I'm going long! In my view, the steel sector will do well under the next government. To the moon we gooooo! 🚨 DYOR & SL Must, not sebi reg. #NiftyBank #Nifty #btst #INTRADAY #StocksToWatch #GIFTNIFT #swingtrade
Emami LTD has given a trendline breakout on a weekly time frame. The stock might head towards 680, 750, and 800 levels in the next few months. Also, a volume spike is visible on the weekly closing candle. The stop loss can be placed at 588 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a...
Gold dropped to around $2,330 per ounce on Thursday due to increasing US Treasury yields and demand for the greenback following hawkish remarks from Fed officials. Fed Atlanta President Bostic expressed uncertainty about reaching 2% inflation and highlighted significant price gains. Gold moves towards 2350, passing through the lowest bottom of wave 3, but the...
-Posted good quarter results -DTL BO (Down Trend Line Breakout) anticipation -Green Vol > Red Vol
Gold prices dropped slightly to hover around $2,360 per ounce on Wednesday. According to analysis GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5. Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite. ZONE SELL: 2358 - 2362 ZONE BUY:...
RHI MAGNESITA INDIA (1D TF) - Swing Trade Analysis given on 17th May, 2024 Pattern: CUP & HANDLE - Volume Buildup at Resistance - Done ✓ - Daily Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress - Focussing on the First Target Level for starters and will Trail the SL accordingly * Disclaimer
#BTC/USDT forming a double bottom, bouncing from an important trend line, and making a bullish divergence, with a potential liquidity grab around $74k: --- **Title: #BTC/USDT Double Bottom Formation with Bullish Divergence: Targeting $74k** **Description:** **#BTC/USDT Analysis** **Pattern Formation:** Bitcoin (BTC/USDT) has recently formed a classic double...
Sumitomo has a strong demand zone at around 345-350 levels which has been tested multiple times. Stock is looking strong as a reversal trade since we can see good volume buying from demand zone. A weekly closing above 450 will open ATH and above targets for the stock. Keep in watchlist. Just my personal opinion and not a recommendation
PANAMAPET | Ascending Triangle Breakout Chart Analysis 1) Ascending Triangle Breakout 2) Breakout after 3 months long time
Lumax Auto Technology, a market leader in Gear Shifters posted solid Q4Fy24 results. TA: -Auto Ancillaries are showing strength -Long Base, testing 5th time -Making HLs (Higher lows) -Price Contracting Needed good vol for breakout (BO). Check how it reacting when reaching Hundred's (like 300, 400)
ADANI POWER (1D TF) - Swing Trade Analysis given on 10th May, 2024 Pattern: FALLING WEDGE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
-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
I think on Market now NO MORE SELLING TO COME in Coming days because market strcture or price action shows the market will go UP and RSI also in favour. Today 10th May Market is on Trendline if it breaks then our Target in the coming days will be 22500 SUPPORT ZONE: 21950-22050 STOPLOSS: 21930 Targets: Greenline T1: 22200 T2: 22330 T3: 22450 Imp. Note: This...
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...