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GRAPHITE INDIA: SHORT TERM BULL RUN EXPECTED📊 Graphite India - Technical Analysis - 02/02/2024 Current Status: Closing Price: 562.10 📈 Fibonacci Level: 0.786 🌀 Yesterday's Trend: Opening Price: Fibonacci Level 0.5 🌀 Movement: Upward to 0.786 📈 Signal: Parabolic SAR - Buy 🛒 Key Points: Entry Point: 567.95 🚪 Resistance Level: If trades above 567.95 🛑 Target 1: 576.20 or 575.95 🎯 Stop Loss: 536.60 🔴 / KEY FIBONACCI LEVELS Recent Trends: Crossed 50-day MA on 30/01/2024 📈 Short-term Bull Run 🐂 Increasing Volume 📶 Indicators: Static RSI: Middle Range ↔️ MACD: Expecting Crossover 🔄 Stochastic RSI: Upper Band Strength 💪 Fisher 9: Bullish Trend 📈 Conclusion: Recommended for short-term entry in the current volatile market 🌪️📊 Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Investing in stocks involves risks, including the loss of principal. Investors should conduct their own research or consult a financial advisor before making decisions. 🚫💰🔍 Hashtags: #GraphiteIndia #StockAnalysis #TechnicalAnalysis #Trading #StockMarket #Fibonacci #BullishTrends #Investment #Finance
NSE:GRAPHITELong
by finogent
HINDOILEXP: opportunity for steep rise.🔍 Technical Analysis Update for NSE:HINDOILEXP - Week Starting January 23, 2024 📊 Current Status: The stock closed at a high of ₹186.85 on the last trading day. It has been range-bound since August 2023 but recently breached a six-month high before closing just below it. 📈 Entry Point: Consider entering the trade if the price crosses and sustains above ₹189.80 in the next day or two. This could signal the start of a bullish trend. 🎯 Target: The first target is set at ₹196.40. 🛑 Stop Loss: A key stop loss point is at ₹172.85, aligning with a critical Fibonacci level of 0.5 at ₹172.75. This acts as a strong support level. 💹 Key Indicators: Volume: Increasing volume supports the potential bullish trend. Percentage R: Positioned at the upper band, indicating bullishness. Stochastic RSI: A buying crossover has occurred in an oversold situation, further supporting bullish prospects. 🚦 Overall Outlook: The stock is showing signs of breaking out of its long-term range with increasing volume and positive technical indicators. Monitoring the stock's ability to maintain above ₹189.80 will be crucial for confirming the bullish trend. ⚠️ Disclaimer: This analysis is for informational purposes only and is not financial advice. Investors should conduct their own research and consult a financial advisor before making any investment decisions . 🔖 #HindustanOilExploration #StockAnalysis #BullishTrends #TradingStrategy #StockMarket #InvestmentTips 🌟 Stay informed and trade wisely! 🌟
NSE:HINDOILEXPLong
by finogent
🚀 Don't Miss Out: Safari Industries Hits Bullish Breakout! 📈 #📊 Safari Industries Technical Analysis 📅 Date: 31st January 2024 🔵 Closing Price: ₹2031.90 (↑ 4.6%) 🎯 Technical Indicators: Fibonacci Level: Closed above critical level (0.5) at ₹2025.75. 50-Day Moving Average: Surpassed 50-DMA at ₹2030.33. EMA & MA Crossover: Bullish signal with the red line crossing above the yellow line. Parabolic SAR: Two days of positive signals indicating a bullish direction. MACD: Positive crossover noted on 18th January 2024. RSI & %R: Positive crossover on 29th January 2024; trading high. Fisher Transform: At the upper band, indicating bullish sentiment. 🎲 Market Outlook: Short-term bullish trend expected if market opens positively on 1st February 2024. 🎯 Targets & Entry Point: Entry Point: If market opens above ₹2031.90. Target 1: ₹2072.8 (Fibonacci 0.64 level). Target 2: ₹2138.45 (Fibonacci 0.786 level). 🛑 Stop Loss: For conservative traders: ₹1881 or ₹1886.25. 🔔 Disclaimers & Disclosures: This analysis is based on historical data and does not guarantee future performance. Investors should conduct their own research or consult a financial advisor before making investment decisions. This content is for informational purposes only and should not be construed as financial advice. #SafariIndustries #StockAnalysis #TechnicalAnalysis #NSE #Investing #TradingStrategy #BullishTrend #FibonacciLevels #StockMarket
NSE:SAFARILong
by finogent
National Aluminium looking bullish ahead as per wave structureHello Friends, Here we had shared possible Elliott wave counts of National Aluminium chart, on daily time frame, which is clearly indicating that above 66.95 major support level it is purely in an impulsive phase. According to the Elliott wave structure, the price chart has exhibited the following patterns: The initial phase consisted of an upward impulse movement, representing a larger wave marked as ((1)). Subsequently, a significant correction took place, forming wave 5 within wave (C) of the larger wave ((2)). This correction reached its lowest point in July 2022 at a price level of 66.95. Currently, there are indications that we have entered and started the larger wave ((3)). Within this wave, we are currently witnessing the development of wave (1), which is expected to unfold in five sub-waves. The first two sub-waves, 1 and 2, have already been completed. Looking ahead, we anticipate a northward movement as wave 3 within wave (1) of the larger wave ((3)). We have already experienced sub-waves (i) and (ii) within wave 3, and we are now potentially prepared for an upward surge as wave (iii) of 3, within wave 1 of the larger wave ((3)). Elliott wave structure mentioned on chart shared below Breakout with very good intensity of Volumes My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I an not Sebi registered analyst, and I am not responsible for any kinds of your profits and your losses. Thanks RK💕 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:NATIONALUMLong
by RK_Chaarts
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