## CreditAccess Grameen (CREDITACC) Share Price Analysis- As of May 2, 2025, CreditAccess Grameen (CREDITACC) traded around ₹1,121–₹1,145, which is approximately 52% above its 52-week low of ₹750.20 (set in January 2025), but below its 52-week high of ₹1,551.95 (set in June 2024) .
- The stock has shown volatility over the past year, with a notable decline from its peak, reflecting both sector trends and company-specific events .
**Valuation and Financial Metrics**
- **P/E Ratio (TTM):** 20.3–21.2, indicating moderate valuation relative to earnings .
- **Book Value:** ₹438 per share, with the stock trading at about 2.6 times book value, which is considered on the higher side for the sector .
- **Dividend Yield:** Around 0.86–0.89%, with recent dividend payouts .
- **Return on Equity (ROE):** 24.8% (latest year), reflecting strong profitability .
- **Return on Capital Employed (ROCE):** 14.8% .
**Growth and Profitability**
- The company has delivered robust profit growth (35% CAGR over the last 5 years) and strong median sales growth (31.6% over 10 years)
- However, profit growth has turned negative in the trailing twelve months (-35%), primarily due to higher provisioning and write-offs in recent quarters
- The company reported a loss of ₹99.5 crore in Q3 FY25, mainly due to early risk recognition, conservative provisioning, and accelerated write-offs, but management expects this to safeguard future profitability as growth normalizes
**Operational Highlights**
- **Assets Under Management (AUM):** Grew by 6.1% YoY to ₹24,810 crore in Q3 FY25
- **Borrower Base:** Increased by 2.4% YoY to 48.05 lakh customers
- **Branch Network:** Expanded by 8.7% YoY to 2,059 branches
- **Collection Efficiency:** Remained robust at 93.3% (excluding arrears) and 94.1% (including arrears), with improving trends
- **Asset Quality:** PAR 90+ at 2.64%, NNPA at 1.28%, indicating some stress but manageable levels
- **Capital Adequacy:** CRAR at 25.9%, reflecting a strong capital position
**Strengths and Risks**
**Strengths:**
- Consistent long-term growth in profits and sales
- Strong capital position and liquidity buffer
- High collection efficiency and expanding branch network
**Risks/Concerns:**
- Recent decline in promoter holding (-7.42% over three years)
- Low interest coverage ratio, suggesting higher financial risk
- Elevated provisioning and write-offs impacting near-term profitability
- Stock is trading at a premium to book value, which may limit upside if growth slows
**Relative Performance**
- Over the past year, the stock is down 24%, underperforming the broader market, but over five years, it has delivered a 154% return, broadly in line with sector peers
- In the short term (last three months), the stock has rebounded by about 13% from its lows
## Summary
CreditAccess Grameen remains a leading NBFC-MFI with a strong track record of growth and profitability. While recent quarters have seen a dip in profits due to prudent risk management and provisioning, the company’s fundamentals-such as robust capital adequacy, liquidity, and operational scale-remain intact. The stock is moderately valued but carries risks related to asset quality and sector volatility. Investors should watch for normalization of growth and profitability in upcoming quarters, as indicated by management
Bullishreversal
ERIS Lifesciences Share Price AnalysisEris Lifesciences is currently trading in the range of ₹1,371 to ₹1,474, with the latest reported price at ₹1,474.20 as of April 23, 2025. The stock has shown strong performance over the past year, delivering a return of approximately 57%. Over the last three months, the stock is up about 9%, though it has seen a slight dip of 0.57% in the past month.
**Valuation and Fundamentals**
Eris Lifesciences trades at a price-to-earnings (P/E) ratio of 57.13, which is high for the sector, and a price-to-book (P/B) ratio of 4.53. The company’s earnings per share (EPS) stands at 29.19, and its return on equity (ROE) is 12.63%, indicating moderate profitability. The market capitalization is approximately ₹18,831 crore . The dividend yield is negligible, suggesting the company focuses more on growth than on returning cash to shareholders.
**Analyst Sentiment and Targets**
Analyst sentiment is strongly positive, with nearly 89% recommending a buy and the remainder suggesting hold; there are no sell recommendations. The average long-term price target from analysts is ₹1,512.56, indicating modest upside from current levels.
**Technical and Trading Overview**
The stock has recently traded near its upper circuit of ₹1,659.60, with a lower circuit at ₹1,106.40, reflecting a relatively wide trading band and potential for volatility. Recent trading volumes have been healthy, supporting the current price momentum.
**Summary**
Eris Lifesciences has delivered strong returns over the past year and is viewed positively by analysts. However, its high P/E ratio suggests the stock is priced for continued growth, and the lack of dividend yield may not appeal to income-focused investors. The technical outlook is stable, with the stock trading near its highs and supported by robust trading activity.
MAXHEALTH Price Chart Analysis**Current Price and Recent Performance**
- As of the latest available data, Max Healthcare Institute Ltd (MAXHEALTH) is trading around ₹1,084.40, showing a 0.64% increase in the past 24 hours
- The stock hit a high of ₹1,095.00 and a low of ₹1,066.50 in the most recent trading session, with an average traded price of ₹1,075.13
- Over the past week, the stock is down by 0.97%, but it has risen 8.23% over the past month and 30.78% over the last year
**Historical Price Levels**
- MAXHEALTH reached its all-time high of ₹1,227.95 on January 8, 2025
- The all-time low was ₹97.15, recorded on November 12, 2020
**Analyst Forecasts and Valuation**
- Analyst price targets range from a minimum of ₹615.00 to a maximum of ₹1,390.00
- The stock is trading at a price-to-earnings (PE) ratio of 100.12 and a price-to-book (PB) ratio of 12.59, which is higher than the sector averages (sector PE: 47.87, sector PB: 6.12)
- Dividend yield is low at 0.14%
**Technical and Volatility Insights**
- MAXHEALTH is 2.61 times as volatile as the Nifty index, indicating higher price swings.
- The 50-day moving average (DMA) is at ₹1,062, suggesting the current price is above this technical support level.
MAXHEALTH's valuation is high compared to peers, reflecting strong investor expectations
**Fundamental Performance**
- Revenue has grown at a compound annual rate of 27.47% over the last five years, outpacing the industry average of 10.01%
- Net profit for FY 2023-24 was ₹687 crore, with a slight decline of 1.02% compared to the previous year, despite a 22.93% rise in revenue.
- Promoter and institutional holdings have remained stable in recent quarters
**Summary**
MAXHEALTH has demonstrated robust long-term price appreciation and revenue growth, with a recent pullback from its all-time high. The stock trades at a premium valuation relative to sector peers, reflecting high growth expectations. Technicals show the stock is above key moving averages, and volatility remains elevated. Analyst targets suggest a broad range of possible outcomes, with the consensus leaning toward further upside, but caution is warranted due to the high valuation and recent profit stagnation
Sky Gold’s Breakout: Falling Wedge Pattern Points to Big Upside!Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock name with Sky Gold & Diamonds and it is showing a promising Falling Wedge pattern, and with the breakout above the upper boundary, it’s signaling a potential bullish move ahead. The breakout is supported by a volume surge, which suggests smart money may be entering, reflecting strong market interest. This could be the start of a solid rally.
On the fundamental side, Sky Gold has been performing well, with a 51% YoY revenue growth and a 117% jump in net profit for FY2024. The company maintains a solid ROE of 24%, with a manageable debt-to-equity ratio of 1.25, showing strong financial health and good prospects moving forward.
For this trade, 351-340 is a good entry range, with a 296 stop loss. I’m targeting 426 , 483 , and the final target of 553 . This setup offers strong upside potential, but as always, make sure to manage your risk and keep an eye on the price action. Let’s see how this one plays out!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
### Maharashtra Seamless Ltd (MAHSEAMLES) Price Analysis
#### **Current Price and Trends**
- **Latest Price:** ₹704.55–₹736.85 (varies by source, reflecting intraday fluctuations)
- **52-Week Range:** ₹562.65 – ₹964.35
- **Market Cap:** ₹9,143–₹9,149 crore
#### **Recent Performance**
- **Q3 FY25 Results:**
- Revenue increased 2% YoY, driven by higher seamless pipe dispatches.
- Profit declined due to lower treasury returns
- **Order Book Stability:** ₹1,500–2,000 crore, supported by demand in oil/gas and manufacturing sectors
#### **Technical Outlook**
- **Risk Profile:** Moderate (2.72x volatility vs Nifty)
- **Entry Point:** Stock appears underpriced with P/B and P/E ratios below sector averages
#### **Strengths**
1. **Undervaluation:** P/E and P/B ratios are significantly lower than sector averages
2. **Dividend Consistency:** 1.47% yield, higher than sector average .
3. **Operational Resilience:** Stable order book and improved dispatches in Q3 FY25
#### **Weaknesses**
1. **Profit Decline:** PAT fell due to treasury returns and margin pressures
2. **Volatility:** Stock has seen significant price swings (52-week range: ~₹400 difference)
### Summary:
Maharashtra Seamless shows **value potential** with attractive valuation ratios and stable demand in core sectors. However, recent profit declines and market volatility warrant caution. Investors should monitor quarterly earnings (next announcement: April 29, 2025) and global commodity trends.
When to Buy the Dip & When to Stay Away!Hello Traders!
We’ve all heard the phrase “Buy the Dip” — but blindly following it can be a dangerous trap. Not every dip is a buying opportunity. Some are just the beginning of a deeper fall! So how do you know when to step in — and when to step aside?
Let’s decode smart dip buying vs. risky dip chasing so you can make better entries and protect your capital.
When to Buy the Dip
Uptrend Structure Intact:
Price is still forming higher highs and higher lows. The dip is just a healthy pullback.
Approaching Strong Support Zones:
Previous swing lows, demand zones, or trendlines are holding. Add confluence with Fibonacci or moving averages.
Volume Confirms the Bounce:
Look for decreasing volume during the dip and increasing volume on bounce or green candle formation.
No Negative News Trigger:
Dip is technical, not caused by bad news or earnings shocks. Sentiment is still positive.
When to Stay Away from the Dip
Trend Has Reversed:
If the market structure is broken and lower highs/lows are forming, it's not a dip — it's a downtrend.
Dip on Negative News or Fundamentals:
Sharp fall due to weak results, downgrades, or global cues? Better to wait for stabilization.
No Price Action Confirmation:
Don't buy just because it “looks cheap.” Wait for confirmation like bullish candles or reversals at key zones.
High Volatility & No Base Formation:
If price is free-falling without structure, it’s not a dip — it's a trap.
Rahul’s Tip
Every dip looks tempting — until it dips more! Wait for structure, confirmation, and signs of demand. Let the price prove itself before you commit.
Conclusion
Buying the dip is a powerful strategy — but only when used wisely. Combine trend analysis, support zones, price action, and volume to separate healthy pullbacks from risky crashes.
Do you buy the dip often? What’s your filter for safe entries? Let’s discuss below!
Is Dabur on the Verge of a Big Move? The Chart Holds the Answer!Hello Everyone!
I hope you all are doing great in life and in your trading journey! Today, I’ve brought you a stock that’s as sweet as honey. Yes, you guessed it right, I’m talking about India’s best honey and Ayurvedic products selling company — DABUR.
Dabur has always been known for its strong product lineup in the FMCG sector, with their products being staples in every Indian household. Let's dive into the technical setup and trading idea for Dabur and see if it's ready to provide us with some sweet returns!
Looking at the weekly chart of Dabur India Ltd., the stock has been showing clear price action within well-defined zones. Currently, Dabur is testing a historically strong support zone around the 510-495 range, a level that has previously acted as a reliable bounce area. This zone is crucial to watch, as a hammer candle has formed at this support, signaling a potential bullish reversal . If this support holds again, it could provide a strong buying opportunity.
The strong resistance zone near 660 marks the final target for this move, with a possible upside of around 37.94% . The stock is also showing potential for a swing trade as it approaches a reversal from the support. Keep an eye on price action around these levels to manage your risk effectively.
Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
This Stock is Bouncing Back from Strong Support, Big Move ahead.Hello everyone , i hope you all will be doing good in your life and your trading as well. Today i have brought an idea on Chennai Petroleum which is Looking fantastic on chart. Let's analyse this and find opportunity for short term to long term.
Looking at the weekly chart of Chennai Petroleum Corp Ltd., the stock has previously made some huge moves — a 277% rally and even a bigger 462% swing . These past moves highlight that the stock has the potential for major price action when the right conditions align. Right now, the stock has found support at an important rising support trendline , which could set the stage for another upward move.
Recently, a bullish engulfing candle with a significant volume spike formed, which is a strong signal for a potential reversal. For those looking to enter, the 570-530 range could be a good spot. The first short-term target is 651 , followed by 750 and a medium-term target of 851 . For those in it for the long haul, the final target could be around 1065 . If the price moves against us, a stop loss at 433 will help manage the risk. Given the stock's history and recent chart formation, we might just see history repeat itself, making this a solid opportunity for both short-term and long-term trades.
Fundamental Ratio:
Market Cap
₹ 8,360 Cr.
Current Price
₹ 561
High / Low
₹ 1,275 / 433
Stock P/E
22.5
Book Value
₹ 518
Dividend Yield
9.80 %
ROCE
35.1 %
ROE
35.9 %
Face Value
₹ 10.0
Industry PE
20.3
Debt
₹ 6,114 Cr.
EPS
₹ 25.0
Promoter holding
67.3 %
Intrinsic Value
₹ 482
Return over 5years
53.6 %
Debt to equity
0.79
Net profit
₹ 372 Cr.
Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
Abandoned Baby Pattern: A Powerful Reversal Tool for TradersHello Traders!
Today, let’s dive into the Abandoned Baby Pattern , an exciting and reliable candlestick pattern that can provide powerful reversal signals. Known for its ability to mark trend reversals, this pattern is a must-know for traders looking to enter at the right moment after a trend shift.
What is the Abandoned Baby Pattern?
The Abandoned Baby is a three-candle pattern that signifies a potential trend reversal. It occurs after a strong price move, usually at the end of an uptrend or downtrend. The pattern consists of the following candles:
A strong price movement in the trend direction (either bullish or bearish).
A gap down (for bullish reversal) or gap up (for bearish reversal) candle that opens and closes outside the previous candle’s range, signaling indecision.
A gap in the opposite direction , completing the pattern, and signaling a trend reversal.
Key Characteristics of the Abandoned Baby Pattern
Gap Down or Gap Up: The second candle gaps away from the first one, showing indecision and setting the stage for a reversal.
Trend Reversal: The Abandoned Baby pattern typically indicates that the trend is about to reverse.
Confirmation Candle: The third candle is the confirmation of the reversal, showing the direction of the new trend.
Volume Surge: Look for a spike in volume on the third candle to confirm the reversal.
How to Trade the Abandoned Baby Pattern?
Entry Point: Enter a position once the third candle closes, confirming the reversal direction.
Stop Loss: Place your stop loss just below (for a bullish reversal) or above (for a bearish reversal) the third candle to manage risk.
Profit Targets: Use a risk-to-reward ratio to set your profit targets, or measure the distance from the base to the top of the pattern for a more precise target.
Real-World Application: Nifty 50 Case Study
Looking at the Nifty 50 chart, we can clearly see the Abandoned Baby Pattern signaling a strong trend reversal. After the gap down and the formation of the three candles, the price broke out in the new direction, with clearly marked targets for potential trades.
Risk Management Considerations
Position Sizing: Always adjust your position size according to your risk tolerance and the volatility of the pattern.
Stop Loss Placement: Properly place the stop loss to avoid getting caught in false breakouts.
Patience & Confirmation: Wait for the third candle to close before entering the trade for confirmation of the reversal.
What This Means for Traders
The Abandoned Baby pattern is a great tool for spotting trend reversals. Combining it with other technical analysis tools like volume and support/resistance levels will make it even more effective.
Look for the pattern at the end of a strong trend to increase the probability of a successful reversal.
Confirm with volume for added reliability.
Use stop losses to minimize potential losses while targeting favorable risk-to-reward ratios.
Conclusion
The Abandoned Baby Pattern is a powerful tool for traders, signaling a strong trend reversal. By understanding its structure and how to trade it effectively, you can spot high-probability setups for profitable trades.
Have you traded using the Abandoned Baby pattern?
Share your experiences in the comments below! Let’s learn and grow together as traders.
Mastering the Three White Soldiers Pattern: A Bullish ReversalHello Traders!
I hope you're doing great in your trading journey! Today, we will be diving into the Three White Soldiers chart pattern, a powerful bullish reversal pattern that can help you spot a potential trend shift. This pattern typically occurs after a downtrend, signaling a strong reversal. If you can spot it early, it offers a high-reward trading opportunity. Let’s break down the pattern and how to use it effectively.
What is the Three White Soldiers Pattern?
The Three White Soldiers pattern consists of three consecutive long bullish candles that close progressively higher. This pattern typically appears after a downtrend and signifies a potential reversal. The pattern shows a strong shift in market sentiment, where buyers are stepping in to push the prices higher.
Key Characteristics of the Three White Soldiers Pattern
Trend Reversal: The pattern forms after a strong downtrend, signaling a potential trend reversal.
Three Consecutive Bullish Candles: The pattern consists of three long bullish candles, each closing higher than the previous one.
Strong Closing Prices: Each candle should close near its high, indicating strong buying pressure.
Volume Confirmation: The pattern is more reliable when accompanied by increasing volume, showing strong interest in the reversal.
How to Trade the Three White Soldiers Pattern
Entry Point: Consider entering a long position once the third candle closes, confirming the reversal.
Stop Loss: Place your stop loss below the low of the first candle in the pattern to limit potential losses.
Profit Target: For setting targets, measure the height of the pattern (distance between the low of the first candle and the high of the third candle) and project this distance upwards from the entry point to set your profit target.
Real-World Application: TCS Case Study
In the chart of Tata Consultancy Services (TCS) , we see a clear Three White Soldiers pattern forming after a downtrend. The price closed progressively higher over three consecutive days, breaking key resistance levels and signaling a potential bullish trend. Traders entering after the confirmation of the pattern would have witnessed a substantial upward move, with a clear Stop Loss and Profit Target in place.
Risk Management Considerations
Position Sizing: Adjust your position size according to your risk tolerance and overall portfolio.
Stop Loss Placement: Place your stop loss below the low of the first candle to manage risk in case the pattern fails.
Volume Confirmation: Confirm the pattern with increasing volume to ensure the strength of the reversal.
What This Means for Traders
The Three White Soldiers pattern is an excellent tool for identifying trend reversals and can be a powerful signal when used in conjunction with other technical indicators. Remember to always look for confirmation with volume and manage your risk effectively.
Look for the pattern after a significant downtrend to identify potential bullish reversals.
Use volume to confirm the strength of the pattern and increase the reliability of your trade.
Implement stop loss placement to minimize risk while targeting a favorable risk-to-reward ratio.
Conclusion
The Three White Soldiers pattern is a reliable bullish reversal signal that can offer excellent trading opportunities when combined with other technical indicators. By understanding its key characteristics, waiting for confirmation, and managing risk appropriately, you can increase your chances of making profitable trades.
Have you traded using the Three White Soldiers pattern?
Share your thoughts and experiences in the comments below! Let’s keep learning and improving our trading strategies!
Bullish reversal from its strong support level with good Vol.NSE:EXIDEIND The stock started a bullish reversal from its strong support level with good Volumes. RSI is also supportive. A sustained move beyond 515 would lead to a strong up move shortly.
Trade activated Above the 515 level, Target 657, Stop loss 453.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
61.8% Fib bullish reversal with Volumes on WeeklyNSE:HINDZINC The stock started a bullish reversal from its 0.618 Fibonacci retracement level. RSI is also supportive. A sustained move beyond 546 would lead to a strong up move shortly.
Above the 546 level trade will activate with a target of 680 and StopLoss 475
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
MOL reedy to shoot u; Min 40% roi; short term; investmentFundamentally good stock,
Good For short term investment in cash market'.
Leave a " Like If you agree ".👍
.
Entry: 107 / 95
target: 113- 120- 130 - 150
sl: 95
major stoploss / support: 90
.
.Try wait for Weekly candle close.
If you are intrested to invest now " go for it with proper SL"
.
Enter only after breaking & close above " Yellow box" mentioned.
'
'
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
Refer old ideas attached below
Turbo Breakout in SCHAND NSE:SCHAND
S Chand & Co. Ltd. engages in publishing and trading educational books. It operates through the Domestic and Overseas geographical segments.
Timeframe - Day Chart Analysis 🧐
🔹View: Breakout of range.
🔹Structure: - The stock has been in a range from the start of March 2024 and now it has taken support of the weekly trend line and moved above 200 EMA.
- It should give a breakout soon as the earnings are due in a few weeks.
-RSI Forming a bullish divergence.
- Volumes are low on downfall moves and up moves are on good volume spikes.
🟢Entry: I am considering Two possible entry scenarios
1st - Buying above the last four days range @255 This would be regarded as an aggressive entry.
2nd - Taking a breakout entry above the range 256, That's a breakout of the extreme range which is a horizontal resistance and inverse head and shoulder pattern
♦️Risk : - Stop should be kept below the recent swing low at 225 on day candle closing basis.
🎯Targets:- Target levels are marked on the chart With blue line based on Fibonacci retracement zones.
Detailed analysis on chart Study it and mark levels on your chart
Prime Focus - Bullish Swing Reversal with VolumesNSE: PFOCUS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 20% to 30% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
GABRIEL - Bullish Swing Reversal with VolumesNSE: GABRIEL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 12% to 19% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
COROMANDEL - Bullish Swing Reversal with VolumesNSE: COROMANDEL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 18% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
SPIC - Bullish Consolidation with VolumesNSE: SPIC is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 16% to 26% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
VODAFONE IDEA - Bullish Swing Reversal with VolumesNSE: IDEA is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 15% to 28% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
GSFC - Bullish Consolidation with VolumesNSE: GSFC is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 26% to 35% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
RBL BANK - Bullish Swing Reversal with VolumesNSE: RBLBANK is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 13% to 18% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
MAPMYINDIA - Bullish Consolidation Breakout with VolumesNSE: MAPMYINDIA is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 12% to 20% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
GUJARAT GAS LIMITED - Bullish Swing Reversal with VolumesNSE: RITCO is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 15% to 22% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade