ICIL is a good investment stock forming a beautiful cup and handle pattern in multi year time frame.
Once ATH is broken, we can see big and quick move in this stock.
Long term investors can look for 2x returns as well.
Dmart has been consolidating in an ascending triangle pattern since it had tested its strong demand zone of 3200-3300.
Stock managed to give a weekly closing above the resistance of 4200.
It is a high risk, high growth stock, so trade accordingly. Valuation at current price is not good for investing.
Stock can touch ATH if we see a bullish market again.
1. Nifty Overview:
- Downtrend observed, finding support near EMA 200.
- Magical rebound as Nifty touched EMA 200 support.
- Result: Nifty achieves a new all-time high.
2. Finding New Targets:
- Utilizing Fibonacci extensions for target projection.
- New targets identified: 21150, 21620, 22320.
Exciting times ahead for Nifty! 📈🚀 #Nifty
Nifty Analysis - Stance Bullish ⬆️
Recap from yesterday: “On the higher timeframe, the last candle of the day stands out, ample GREENery for the Bulls to feast. We are not removing the double top (M pattern) for now, because to negate that Nifty50 has to take out the ATH.”
4mts chart
Was the Nifty’s price action predictable in the last 2 days? What do you...
We are witnessing a remarkable opportunity as GEECEE VENTURE makes an all-time high breakout. The price structure leading up to this breakout is quite compelling, adding to the appeal. However, it's crucial to exercise caution to avoid getting caught up in a potential fakeout.
Here are our criteria and steps for this trade:
Confirmation Close: We need...
We have compiled the last 3 months of work into an Amazon Kindle ebook with the title “ 60 Post-Mortems on Nifty & BankNifty Q3 FY23-24 ” - request you to take a look and provide suggestions
Nifty Analysis - Stance changed to Neutral
Recap from yesterday: “Nifty is still way above the ascending channel showing bullishness. As long as the soft support level of...
Nifty Analysis
Recap from yesterday: “I am forced to change my stance from bearish to neutral as the price action now shows a higher tendency to go up rather than down. Those strong RED candles of 20th Dec still haunt me — but it has failed to gather the momentum of the other bears.”
4mts chart link - click here
Nifty got a stance change from bearish to...
PFC, or Power Finance Corporation, is currently on a trajectory that could take it to unprecedented heights in the financial world. As an established player in the power sector, PFC has consistently shown resilience and adaptability, making it a compelling choice for investors looking to ride the wave of its new rally.
The stock's recent performance hints at a...
1.Price has given breakout.
2.price can move again to ATH and if trend is good price can even move further based on the momentum.
3.Gain of 8% to 10% is easily achieved.
As seen on the chart, Grasim stock is trading near a strong supply zone of 1750-1775.
The stock also has taken support from trendline which is drawn from 2020 lows.
If the stock manages to break its ATH level and sustain above this supply zone for few weeks, we can see a flag breakout and a new bull uptrend in this stock.
However, rejection from supply zone can...
Ami organics has formed a cup and handle pattern and is currently trading near its neckline.
Breakout from this pattern can bring good upside in this stock.
Minimum target can be 1420 above which stock can reach levels of 1700.
Trade is risky since stock is near ATH.
IDEA IS SHARED ONLY FOR EDUCATIONAL PURPOSES
I have clearly explained in my YT video about today's preformance and tomorrow's prediction.
Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria.
Do follow and subscribe if you like the analysis .
I've Bullish sentiment for tomorrow but as of now I'm neutral. Everything depends on tomorrow's market...
I have clearly explained in my YT video about today's preformance and tomorrow's prediction.
Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria.
Do follow and subscribe if you like the analysis .
I've Bullish sentiment for tomorrow but as of now I'm neutral. Everything depends on tomorrow's market...
I have clearly explained in my YT video about today's preformance and Monday's prediction.
Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria.
Do follow and subscribe if you like the analysis .
I expect the market to be Bullish on Monday
Trade or invest according to your analysis. This is just my...
Shoppers stop has been in a bull run since 2020 and has given multibagger returns to its investors.
The stock has beautifully consolidated and formed a rounding bottom pattern and is currently near its ATH.
A weekly closing above 820 will push the stock to levels of 850,880+
However, there is always higher risk involved in stocks at ATH so trade accordingly.
This...
