Chart pattern does insist me to go with above titled opinion REASONS 1. Bharatforg has been trading inside Expanding triangle and currently it is under its upswing move inside the major expanding triangle. 2. In Weekly timeframe, there is a Bullish Pennant formed and Breakout has happened it seems( volume not so good ) 3. Target and SL mentioned...
Stock is at support levels. Buy at CMP and on dips towards 42. Important resistance around 63-68. Once crossed and sustained, the stock may head much higher.... Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision...
ZENSARTECH Daily has rounded bottom breakout with 200 ema support on daily candle. Good to buy at retracement near 252 for targets of 323,395 and long term target of 538 with sl below 244
TCS Daily has inverted head and shoulder breakout. Good to buy at 3529 for target of 4043 with sl below 3436
LICHSGFIN in symmetrical triangle, watchout for breakdown or breakout. Take lines as targets.
Action Construction Equipment's Weekly Time Frame Breakout Confirm It Is Breaking out the zone and Going for Bull Run
Price retraced.. 4H Support on EMA 21.. Longing Here.. Great Potential
MANINFRA Daily has trendline breakout with 200 ema support on daily candle. Also it made double bottom with rsi divergence. Good to buy at 82.50 for target of 99 with sl below 78
NSE:INFY is a very strong fundamental IT company. recently it is underperforming since last 10 months, but on the daily chart frame it has created a beautiful inverse head and shoulder pattern, which is looking very promising. one can make position in this stock for the targets of 1960 in next 3 to 6 months.
#crudeoil looks bullish on Daily & weekly charts. eyes on closing
The GBP/USD pair builds on Friday's solid recovery from a six-week low and gains strong follow-through traction for the second successive day. The momentum lifts spot prices to a two-and-half-week high, around the 1.2170 area during the first half of the European session and is sponsored by the prevalent US Dollar selling bias. From a technical perspective the...
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JUBLFOOD - Weekly bullish.. Long This week its a bullish engulf, last week ite a hammer and prior week it triee to brk resistant line.. And this week its closed above resistance.. Looking good to take position... Target would be 630,640... Note:: im not sebi registered. Kindly consider as educational post, plz do ur own analysis before taking position...
#BANKNIFTY ANALYSIS. Market are now in bullish zone which is 41326 if the market break 41530 zone then we can go for CE(CALL) First target = 41650,41755,41831. if the market break 41263 zone then we can go PE(PUT) First target = 41186,41078,40995.
Good day :) NIFTY IT has given a range breakout with a strong Marubozu open candle. Most of the IT stocks are performing really good and most of them are giving breakouts. I have identified one of the most strongest stocks of the IT sector which holds a weightage of more than 7% in Nifty. The stock is INFOSYS. This stock has been in a channel since May 2022. In...
Resistance @ 99, 114 Support at 60 Revise targets in April, May and August 2023-25 Pros: 1)Reduction in GRM to increase the demand. 2)Green Initialtives to be housed in existing IOC franchises. 3)Stock is trading at 0.86 times its book value 4)Stock is providing a good dividend yield of 10.7%. 5)Company is expected to give good quarter 6)S/D Gap in EV...
As predicted earlier gold is on a bullish run which had a deep correction down to 1910. Price continues to trade above 1920 which will act as a pivot point for the current trading setup. sAME RISK MANAGEMENT HAS TO APPLY IN THIS SETUO AS WE TARGET A BULLISG=H TREND TOWARDS 1950 and 2000 Q1