TVS MOTOR INV HEAD & SHOULDER BREAKOUT & RETEST STRATEGY TVS MOTOR CO
1. Inv Head & Shoulder Pattern
2. Breakout & retest strategy
3. Close within 52W high zone (2313.45)
4. Close above the previous day's high (2238.80)
5. High increase in 1 month (+9.6%)
6. High increase in 12 months (+72.3%)
7. Promoter holding 50.27 %
8. Pledged percentage 0.00 %
9. Change in Prom Hold 0.00%
10. FII holding 20.8 %
11. Chg in FII Hold 1.56 %
12. DII holding 20.3%
13. Chg in DII Hold -1.53%
14. Stock PE 63.4
15. Industry PE 63.4
16. ROCE 18.8%
17. ROE 27.4%
For Educational Purpose Only
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PROZONE REALTY: POSSIBILITIES FOR MULTIPLE PATTERN B/OUTPROZONE : After consolidation from 40-20/25 range has started showing momentum.In weekly chart shows possibilities for Inv Head &Shoulder/Cup&Saucer break out.
Going by the pattern,If sustains at above 41 likely to test 50+(For educational purpose only)
Bitcoin: Breaking Barriers and Soaring to New HeightsBitcoin has been on a roller coaster ride in recent weeks, but it appears to have found some stability near the $29,000 level. The cryptocurrency took support from the white line on the chart, which is a key Fibonacci retracement level.
Now, Bitcoin is facing resistance at the $30,000 level. If it can break through this resistance, it could be on its way to higher prices. However, if it is rejected at this level, it could fall back to the support level at $26,000.
Traders will be watching closely to see if Bitcoin can break through the resistance at $30,000. If it does, it could be a sign that the cryptocurrency is ready to move higher. However, if it is rejected at this level, it could be a sign that the rally is over.
Technical Analysis:
Bitcoin is currently trading above its 20-day and 50-day moving averages.
The MACD indicator is currently showing a bullish crossover.
Conclusion:
Bitcoin is at a critical juncture. If it can break through the resistance at $30,000, it could be on its way to higher prices. However, if it is rejected at this level, it could fall back to the support level at $29,000. Traders will be watching closely to see which direction Bitcoin takes.
TIPS INDUSTRIES BREAKOUT IMMINENT?The price has bounced from 148 after retest(from Demand Zone) with volume.It was followed by a consolidation between 162-170. Now it has broken above 170.
Caution: There is a supply zone at 173-174. Need to wait and see how this supply zone affects the price movement. If there is a break above 174 with volume a long position can be initiated.
Sunflag Iron & Steel Company Ltd - Long callSunflag Iron & Steel Company Ltd Analysis report.
Stock has broken 10 years trend line with gapup indicating strong momentum.
also forming inverted head and shoulder.
Safe to enter near neck line - sock may retest the neck line.
entry 153
SP - Trendline - 143
Target 190 :)
HEAD AND SHOULDER BREAKOUT (AWL)Head And Shoulder Breakout
CMP: 435
Targets for Downside: 591 and 551
SL: 671 Above Previous Swing High
AWL Broke this years major support retested the support area and now heading to downside.
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell.
LONG POSITION SWING TRADE OPPORTUNITY. TARGET 5600OK THIS is my second analysis after fairchem , for which i updated when i sold .
The IT sector as a whole down due to external circumstances , No internal issues in almost all the it companies.
Considering this opportunity to invest or even trade for short term gains . I prefer mid cap which has better safety against sell off and higher profit percentage margin.
1 . LTI has been consolidating and formed a clear CUP AND HANDLE PATTERN .
2. It has taken support 4 times on a higher time frame .
3. The price sustained even when nifty had a major fall.
4. The handle breakout can push the stock price to 5100-5600.
5. HOLD for next 2-3 months with results upcoming for the SEP quarter .
PVR chart studyHead & shoulder pattern forming in PVR Daily chart
Trendline is broken on 16th Sept
Looks like possible candidate for short term downtrend
Correct me if im wrong
For Educational purpose only