The major trend is up. The minor trend is reversing upwards.
The infamous stock of Paytm which was the largest IPO at the time of its listing has eroded IPO investor's wealth by more than 50%. However, the strong has been consolidating from quite few months now. We have seen multiple buybacks from the founder and promoter in this stock during the same which was a positive sign. However, near the release of Q4 2023 results,...
Buying Signal in UBI with Three Green Hammers and Rising Lower Low. MACD cross over and RSI cross over supports the idea of buying. The important levels are marked on chart. Summary : Buy above 73.60 SL @ 70.50 Targets : 77.80 , 83.36 , 89.05 and 94.17 This study is only for education purpose and shall not be considered as TIP to buy or Sell. Good Luck !!!
Chalet hotels has given an inverted head and shoulders breakout. Currently, stock is consolidating above the neckline. A retest of 400-405 levels can give a good indication that the breakout is genuine and one can expect at least 100 points move which is the length of right shoulder. Long term targets can be 250+ points which is the length of the head. SL is deep...
Petronet LNG : Buying Signals in the stock with hammer followed by Triple bottom pattern as shown in the chart. Prediction is supported by MACD Crossover and Histogram turnover along with RSI Rising from support at 39.00 Certainly a buy call above 224 with SL of Rs. 220.70 only. The Targets are 232.00 and 237.00 . This study is only for education purpose and...
Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222. The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance. The stock is currently available at a strong demand zone which is the confluence of it 200 week...
long reliance for swing trade with head and shoulder
adausdt short with anaylsis on eillots waves theory 35A
Positional Trade For Next 2 - 3 Month, Return Upto 20 - 30% Quess Corp Ltd. Buy on level = 390 - 420 (Part Entry) Target = 465-505 (For Next 2 - 3 Month), 550 (For 6 Month) Fundamental view Company with Low Debt Book Value per Share Improving for last 2 years Promoter Holding = 56.74, with Zero Pledge Promoters have increased holdings from 51.90%...
Happiest Minds was in correction phase for quite some time and has is almost at 60% from its ATH. The chart is pretty straight forward . It had given a breakout from it is lower low and lower high pattern. CMP is at almost 907 and with a SL of around 8% at 830 Target levels of 1120 , 1320 , 1520. Risk to Reward Ratio seems to pretty good for this trade. ...
LONG TERM ANALYSIS 1) Chart analysis on weekly TF 2)As per Fibonacci Above 144, can aim for target of 156,171,194
NSE:AWHCL has given a daily trendline (tested 3 times) breakout with increasing volumes. Can be bought at ENTRY - 264.5 (CMP) SL - 258.5 ( below breakout candle) TARGET - 282.5 (upto next weekly SZ & 200 EMA) RR - 1:3 Please use this for educational purpose to keep track of the share price action as per the analysis & do your own analysis before taking a trade.
Mac D here in this chart is enlarged pourposly as the cross over below signal line should be seen clearly. Yesterday after a month Mac D had Crosse below signal line. Mac D is a laggard indicator which is boon too. After reaching top of 10768 on 7 and 8th June nifty had broken down the two and half month uptrend.,(white Line). At same time Mac D had given a sell...
BUY - INDIAN HUME PIPE COMPANY CMP - Rs. 198 Target - 1: Rs. 290 Target - 2: Rs. 367 Target - 3: Rs. 450 . . Technicals - Trendline BO . NOTE: Target - 1 will be achieved within 6 months, Target - 2 within 1 year, and Target - 3 within 2-2.5 years. . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
DHAMPURSUG | Channel breakout - Potential for 35-40% CMP : 278 (Dip : 270) SL : 250 Target : 370 1:3+ risk reward setup
BUY - MRPL CMP - Rs. 64 Target - 1: Rs. 95 Target - 2: Rs. 116 Target - 3: Rs. 140 . . Technicals - Bullish Flag BO . NOTE: Target1 will be achieved within 1 year, Target - 2 within 1.5 years, and Target - 3 within 2-2.5 years. . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
The stock has formed the Rising Wedge Pattern with declining volumes on it's Daily Chart & is very likely to breakdown. Go SHORT in June Futures on 11-06-2023 @ around Rs.2120-2140 levels. Stoploss at Rs.2155. Target at Rs.1950/- RRR = more than 9:1 in 12 to 15 Trading Sessions.
Running flat forming in this stock look for breakout of c wave, find a entry to get long.