Home First Finance Company India Ltd 1) Time Frame - Weekly. 2) The Stock has been Consolidating since (December, 2021). Now It has given Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame. 3) The stock may move towards the price (1570 - 46.40% from the price 1072.30) in the long term. 4)...
Grasim Industries , a prominent player in the Indian conglomerate landscape, presents an intriguing prospect for swing traders, as evidenced by a convergence of technical factors signaling a potential upward rally. Reasons are listed below : The repeated testing of the 2175 level underscores its significance as a critical support/resistance zone. With the...
Nifty opens with gap up and made All Time High which 23411 but didn’t sustain the upper level and made days that is 23227 level. Nifty gave closing down by -30 points which is around -0.13%. Index has formed a red body candle with long upper shadow which indicates participants were selling from higher level. Currently RSI is trading at 58. Nifty is not able to...
Ill take 160 as stop-loss and 300 target as swing trade disclosure No recommend for buy or sell Infrastructure stocks in focus
Date - 1st March 2024 Rico has already breached All time high price level which was 114 Rs. Expecting huge target of 220 from current price 115 of Cup & Handle pattern. Wave Count also in Favour 5th leg on monthly timeframe is still remaining. for the safer side majority of your entry should be on retest that shown in chart. 5ema is also supporting on...
BUY SANOFI INDIA 8600, FOR 1100 TO 1300. Good inverse head & shoulder breakout happening above 9200. NCLT approves demerger for their company in two different business.
Buy EID PARRY 686 till 620 for 700/820/860. Classic Cup and handle breakout happening in EID PARRY. View invalid below 590 on weekly closing basis.
Mazagon Dock Shipbuilders Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Consolidation since (July, 2023). Now It has given a Consolidation breakout & Closed at it's All Time High with good bullish momentum candle & with good volume in weekly Time Frame. 3) The next resistance would be around the price (3375 - 22.40% from the price 2756.65). 5)...
Shipping Corporation of India Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (February, 2024). Now It has given a Downtrend breakout & Closed with good bullish momentum candle & with good volume in weekly Time Frame. 3) The next resistance would be It's previous Life Time High (290.75 - 10.75% from the price 262.50). 5) Recommendation - ...
Nifty opens lower and made day low which is 22908 level, afterwards bulls drag the market upside and made All Time High that is 23026 level. Nifty was highly volatile throughout the trading session, Nifty traded in between +50 points to -50 points for whole day. Index has formed green body candle with long upper shadow which indicates seller were selling from...
Nifty opens with positive note and bulls were aggressive from starting of the day, nifty made All Time High Record which is 22993 level with almost 369 points up which is around +1.64%. Nifty has formed a big body bullish candle with small lower and upper shadow. Candle is trading at upper Band of Bollinger Band and giving breakout of it. Double Moving Averages...
Finolex Industries Ltd 1) Time Frame - Daily. 2) The Stock has been in a Consolidation since (September, 2023). Now It has given a Consolidation breakout & Closed above it's Previous Life Time High with good bullish momentum candle & with huge volume in daily Time Frame. 3) The stock may find It's next resistance around the (price 300) in short term. 5)...
EXIDEIND 1) Time Frame - Monthly. 2) ALL TIME HIGH breakout in monthly. 3) Primary trend will act as a resistance / profit booking zone in the long term at (Price 393). 4) Recommendation - Strong buy
Hi, An bullish on-neck Breakout pattern emerged on the daily chart of NSE:ELGIEQUIP MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue. Level of Entry, Exit & Stop loss mentioned on the chart. This idea is for educational purpose only. Take advice of your financial advisor before making any...
JK Lakshmi Cement , a key player in the cement industry, is currently exhibiting compelling signals that shouldn't be overlooked. In conclusion, stock's technical landscape is painting a promising picture for prospective investors. Reasons are listed below : The stock has undergone multiple tests at the critical 890 levels, showcasing resilience and now...
Nifty hits record high that is 22697 level. Bulls were aggressive from stating of the day. Nifty has formed green body candle with small upper and lower shadows. Nifty has broken the resistance level of 22520 so next resistance can be 22720 level with support of 22464 level. Today’s Advance Decline ratio of NIFTY50 Advance - 37 Decline - 13 FII Sell – 684.68...
OIL India has broken >10 year high and presents a good long term buy opportunity
Indian Metals & Ferro Alloys Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Consolidation since (February, 2024). Now It has given a Consolidation breakout & Closed above it's (January, 2024) High with good bullish momentum candle & with good volume in Weekly Time Frame - All Time High Closing . 3) The stock may find It's next resistance around the...