ZFSTEERING looking strongZFSTEERING after giving an episodic pivot gap with high volume is nicely respecting the gap and following tightly with respect to 21 EMA and 50 day MA. Looks like there's more gasoline left in the scrip. Stoploss should be placed ar 590-585. This is a great candidate for a swing trade.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
50ma
MACPOWER CNC showing signs of strengthMACPOWER CNC showing good signs of demand at 50 ema with strong volume. Historically this scrip has always taken a good support from 50 ema and continued its positive trend. Another sign of strength is the scrip hasn't yet covered the price gap created on Sep 2022. This shows a strong demand for this scrip. Plus points in this scrip is its positive growing balance sheet and negligible debt. I have entered in this scrip and placed stoploss at 274.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
GOLDEN CROSSOVER: MEDIA SECTOR LOW PRICE STOCKNSE:EROSMEDIA
GOLDEN CROSSOVER, 50 DAYS MA moved upwards crossing 200 DAYS MA.
SECTOR: MEDIA a bullish sector.
LOW PRICED stock.
Fundamentals improving gradually, SUPER Q3 22 result.
PRICE STRENGTH 72, BUYER DEMAND 'A+', MASTER SCORE 55, GROUP RANK 16 OF 197 (Data from MarketSmith)
CMP 32.20, minor resistance breakout done, retest done.
Making HH, HL, in uptrend
Now moving up, next resistance near 36, buy signal when break this level, target on chart.
HCG | BOUNCE OFF DYNAMIC SUPPORTPrices above 200ma have historically taken support on 50ma. Today, once again it bounced off from 50ma by printing an Engulfing candle coupled with a Stochastic RSI Crossover. Note the Engulfing candles cover the whole body of the previous candle, ignoring the wicks.
With these reasons, a buy can be initiated above the close of today's candle ie., 249.85, with SL of 237. first target of 263 at final target of 275 can be aimed for.
UPTREND IN GSFC
As shown in the chart,
The trend is a long term upward trend with dips in the pattern,
As the stock appears to break the 50 dma line and once the dip crosses it,
The trend starts to emerge as the bulls spikes the stock in upward trend with normally 5-6 days incline with market sentiments in mind,
As the bottle neck is due to market sentiments due to Maharashtra state lockdown,
As this time when it breaks the bottle neck lines, it will rally high.
Only for educational purpose.
NIFTY analysis for the weeksmart players entered between 13745-13664 range(mean they shorted nifty)
Anything can happen
be alert guys.
tomorrow is the big event
#budget
we heared that budget is not good
so we can expect a fake ride or fake down mov. tomorrow.but I still expecting a gap down opening ,because I told once smart money created short positions
above 13760 can see a ride in the market.
for intra players :-
scalping is better tomorrow,expecting high volatility in the market.
okay thank u guys.
some stocks added in the related link .u can check.I feel it may better for tomorow
NIFTY SHORT TERM ANALYSIS 🍁nifty in a crucial level(support @14200-250 range)🍁
🐻if falls from current level, can see a short term down trend in the market(may see 14100-14000 levels & long bearish trgt 13750)🐻
🔰if take support @ current level can see 14300-450 levels in short term🔰
🔥budget is the major upcoming event🔥
Has market discounted the budget ❓
or budget ride possible ❓
🔰kotak bank published postive result.but it fell down🔰
⚠reliance still falling after the postive result ⚠ Y ??
Did you notice something 🙏🤷♂️
JOE BIDEN officially became the president of US.🏛️
Following this FII's started selling !📉
Y❓ Did anybody notice it❓
🍁just look into the previous days.there was no proper direction in that country.That means, there was no president officially.Therefore the US economy was under performing...
No president,no corporate actions,no stimulus etc...these are some important factors of an emerging economy. Absence of any these things would have serious impacts.
Do you understand my points.(u can ask me if u have any doubt)🍁
In the absence of the president, US economy was underperforming.⚠
♦️So FII's dumped money to the Indian economy.Because India is an emerging country.♦️
But what about US now ??
🔰They have a WHITE HOUSE (president)🔰
🤼♂️So the American economy will regain strength.So FII's would reduce money dumping into Indian market. This is one of the reasons for this profit booking.
May be,it is the main cause for this profit booking.🤗
Y kotak fell / Y banks fell??🔶
♦️The RBI report said that the gross ratio of bad loans could rise sharply by September 2021. ... The RBI said in the report that the ratio of gross bank NPAs (GNPA) could rise from 7.5 per cent in September 2020 to 14.8 per cent by September 2021 in a “severe stress scenario”.♦️
- BIG NEGATIVE for banks
-Bank nifty chart is added to get a proper idea(check related idea's).-
- THANK U GUYS
- please like and comment
- @ANKITHSHAJU
Sunpharma trading in channel and Updation of last idea Supnpharma trading in bullish channel
fresh buying above 443 for 454,460
Bears will be in control after 410 for 400,380
Sunpharma hovering near 50 SMA ,if manage to stay above 50 SMA then bulls will be inn control
200 SMA at 405 last line of support
BTCUSD: Bears still lurking in the shadowsWe seem poised to breach 100EMA on the daily chart . My hypothesis is that if that happens, we might see a brief rally to around 9.9k before a potential ominous news pulls us back below that line. The precedent can be seen when this happened last on 2/27. BTCUSD 0.19% had closed at 10.4k that day after briefly teasing the 100EMA on the daily. That day, MACD was just starting to breach into positive while the signal line was still below zero. Over the next 6 days, BTCUSD 0.19% continued on to 11.1k before making a very sharp reversal going as low as 7.2k over the next 13 days. Today, we have a similar scenario with the MACD just about entering the positive, signal line still below zero, and 100EMA about to be breached. Discounting the bears completely in this euphoria would be a blunder.