50dma

Persistent Systems: A Promising Opportunity?Persistent Systems is currently trading in an ascending channel, indicating an ongoing uptrend 📈. After correcting nearly 20% from its all-time high (ATH)—which coincided with the channel top—it has now broken above a key trendline with strong volume and a wide-range bullish candle 💪. 📊 Key Technical Analysis: 🎯 Entry: ₹6,365 ⛔ Stop Loss (SL): ₹5,538 (closing basis) 🏁 Targets:T1 (Previous ATH): ₹6,790 (+7%) Positional Target: ₹7,681 (+21%) Long-Term Target: ₹9,094 (+43%) 📌 Technical Highlig

by sagartharayil

Kaynes bouncing from channel support and 50 D #Kaynes Technology. Looks good for a Swing. Entry: Buy Small quantities in CMP(6547) Stop Loss (SL):Marked at ₹5,806.30, Target (T1): ₹7,697 ✅Channel Pattern: The price is moving within an ascending channel, respecting both the upper and lower trendlines. The recent pullback appears to have tested the lower trendline support, followed by a bounce. ✅The stock is trading above the 200-day moving average (yellow line), signifying a bullish long-term trend. ✅Stock Takes support at 50 DMA. Ri

by sagartharayil

Dollar Index DXY Bouncing off 50SMA The US Dollar Index, DXY, is bouncing off its 50SMA (red) on the daily chart. This looks like a sign of strength in the US Dollar as it seems folks are buying this dip and a successful bounce on 50SMA can take the price back to previous highs of 105 on the DXY.

by vipulmehta817

200 Day Avg Stock Its Good For buying Opportunity. FII & DII Also Increase Stack. BSE:SHAHLON

by Ashokkumar169

Alkyl Amines buy near 50 DMA support Alkyl Amines always takes support near 50 DMA and moves up. Present reversal is near 50 DMA. Can buy some at this level and more if it comes close to 50 DMA. This is analysis only based on simple trend and not recommendation.

Bullish momentum expected #breakout Affle has been in a price and time correction from a long time. BUY reasons: 1. 50 DMA reclaimed with good volumes 2. Trendline broken and sustained. 3. Consistent Exceptional results from the company. Cautious points: Promoters decreasing their stake Stock in NSE ASM list , hence in trade-to-trade category with dried volumes. Stock is ready to be bought, but the trade is a bit risky, SL of 3950 and targets of 5075 can be achieved within some months. Quality stock at good price, once it gets

Is there a bearish case for Nifty?Looking at the above Daily chart of the Nifty 50 index, it is clearly observable that the index is in an uptrend. Not just that, the 50DMA (red) is above the 100DMA (purple) which is above the 200DMA (green), indicating strong bullish trend in place. Since Mar 2020, at four different instances (as highlighted in the chart), the index has taken support at one or more of these moving averages, bounced back and resumed its uptrend. The last such instance happened on 26 Feb when Nifty bounced off th

by vipulmehta817

High tight flag....Keep watch 200% prior move and then its testing 50 DMA for first time. So its tradable as pullback as well as high tight flag. 7 weeks cup and handle. Though proper entry will be above 129, but if it closes above 124-25 with significant volume, aggressive buy can be initiated. Target will be 140 and 158 i e horizontal S/R.

just pefect !9 weeks base. cup and handle. Pocket pivot formed with high volume off 50 DMA. Shakeout in weekly and support on 200 DMA

CDSL Nice 8 week base. 1st testing of 50 DMA after strong prior uptrend. Break of upper trendline by pocket pivot.

ICICI Bank - 50 DMA ICICI Bank has taken support from 50 DMA continuously. Looks good for going long on the long term horizon. Buy Aug Futures at CMP for targets of 360, 370, 375 with SL at 340. (Adjust for Future Prices) or Go Long on August Expiry Slightly OTM options

ULTRATECH CONDITIONAL BTST MARCH (FUT)LOOK IN THE CHART....

by manavtechresearch

ITC(FUTURES) BTST LOOK IN THE CHART...

by manavtechresearch

HDFC BANK LOOKING GOOD FOR TOMORROW LOOK IN THE CHART....

by manavtechresearch

SAIL BTST LOOK IN THE CHART.....

by manavtechresearch