With strong Fundamentals, and Low P/B ratio. Technicals showing upside. But witg failed breakout. Will it give 10% to the upside?
Seems bullish with 16% left for 1:2 RR ratio. Despite Poor fundamentals and 100% overvalued. Do you agree?
Stock looks retest support level. Looking 540 Breakout and Expected Target 560
RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price is above its 20 & 50 period moving average. 0.87 is support level and look for 0.93. In case of downtrend breakout of 0.87 and it would look for 0.86 & 0.85
S&P tomorrow views- Expected to be in wave 3 formation and expecting a small decline before S&P resumes to rally further high to complete wave 3. Overall expect S&P to trade higher.
Gift Nifty tomorrow views- Expected to be in wave 4 within wave 5 of subminutte degree and expecting a further decline in wave 4 before any rally in wave 5 to complete the impulsive move up after which expecting a decline to correct the entire impulsive move.
- Identifying a potential bullish momentum in Britannia Industries with key indicators signaling positive trends: 1) Sideways Breakout: Over the last 3 months, Britannia has broken out of a sideways trend, indicating a potential shift in momentum. 2) RSI Caution: While the Relative Strength Index (RSI) is around 65, suggesting strength, caution is advised as...
HSCL is a process industry. By looking at the chart data, it has given a confirmed breakout. After a nice bullish move, it has been consolidating for the past two months. It now again has given the breakout of the descending triangle pattern, which is a continuation pattern. HSCL might be making a nice, bullish move. Reason: Price > EMA(13,50,200) seems...
EASEMYTRIP looking bullish. It has trendline breakout with 200 ema support on daily candle. ************************************ This is purely for training and educational purposes. We shall not be responsible for your profit or loss. The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment...
Analysis: Nasdaq 100 Bullish Flag Breakout Trade Based on the bullish flag pattern breakout in Nasdaq 100 and your expectation of more buyers entering the market, i have identified a trade opportunity. With a buy entry at 15129.7, a stop loss at 14626.0, and a take profit at 16694.7, i have defined your risk and reward targets. Here is a breakdown of the analysis...
Hindunilvr has been trading within parallel channel from past 25 years. I don't have any position
- Looks like buyers are coming in bulls above 43300 - 43350 - As per trend it shows downward move has been denied by buyers and todays gap up opening comirms buyers trying to pull back up. - May be a gap up opening can be there which may triggers buyers - Sellers below 42800 till 42600 but beware of traps here - Support also at 42600 and resistance at...
We have highlighted this possibility few days back that below 63 day EMA Nifty might have a strong probability of touching 200 day EMA... Here we are Nifty lingering around 200 day EMA. Closing Short positions should be considered. For Medium to Long term investors, these are good times to accumulate good quality stocks in Equity / Cash Take care &...
NSE:BHARTIARTL formed Hammer on 9 ema and support area. Entry : 920.25 Target : 943.50 SL : 899 RR : 1.1
NSE:LAURUSLABS formed Hammer on support as well as on 200 ema. Entry : 394 Target : 427.25/411.5 SL : 378.5 RR : 0.85/1.1
NSE:BEL formed Hammer and gave closing above it. Entry : 137.65 Target : 143.35 SL : 133 RR : 1.2
NSE:FINPIPE formed Hammer and gave rejection on 50 ema and today it gave closing above it with above average volumes. Entry : 228.25 Target : 250/280 SL : 210 RR : 1.22
NSE:IDFCFIRSTB formed Hammer on on Daily TF taking support on 21 ema. The stock is above 21 ema from past 6 months, and it bounces from 21 ema as it touches it. Entry : 94.55 Target : 100.25/104.5 SL : 88.85 RR : 1/1.75