Looking at buying gu from a better price from the area 1.35900-1.36000
current trend - bullish - we can see gu has been making higher highs but now we are stuck in some sort of wedge we have stopped making higher highs but also we have kinda stalled at the 1.37 level looks like this is a very good level of resistance as it has held up more than once.It has been...
Alembic pharma is one which i would choose in my portfolio to be, why? The reasons i have mentioned in green label and only being one down side the promoters holding the financials are really pleasing
profits turns out to be good,
similar if we see other companies in comparison (i.e- Torrent pharma) the current trading price is really undervalued.
As for trading...
Closing Price 90.55
- The stock chart pattern was identified at levels of 67 and we have seen a stupendous rally
- the current correction has brought it back to 38.3% Fibonacci retracement levels which if held can push the stock back to 100+ levels
- a close below 87 levels may take the stock to 80 odd levels
- since December 14th, Open Interest in...
Mindtree is trading near its previous resistance (1600), as the market is hitting a new high and near (ATH), there is a good probability of another breakout (Upside) in Mindtree targeting 1700 levels.
Buying zone - 1520 -1600
Target - 1700, 1700+
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
Reason for going BUY
The price has broken out of the resistance level with strong consolidation and huge volume
The RSI is above 60 which shows bullishness
The rounding bottom pattern has been retested
This is for educational purposes, based on your own money management decide to enter or not.
EICHERMOT 1D, is at 52 WEEKS HIGH now.
FUNDAMENTALS: Eicher motors posted NEGATIVE results since 3 quarters and stock still makes 52-weeks high which doesn't look sustainable to me.
TECHNICALS : stock forming DOJI on top and trend reversal may happen .
My view : Eichermot may fall and I'll short ONLY below the Low of doji.
Trgt is near 2300
It may retrace...
DYNPRO is @ weekly resistance.It's above all the moving avgs. If a daily candle sustains above the marked level,it may give an upside rally.
If there is price rejection from that level then a downward movement is also possible.
PS: All analysis is for educational purposes only.
Closing Price 14146
Looking at the charts we observe Nifty was trading near Line of Resistance (look at my previous idea for more clarity)
This is the Derivatives Data Analysis for Positions taken by various Market participants a day before
- Retail participants added 23.36 Index Futures Long Contracts & added 18.39 K Index Futures Short...
Stock has cleared the breakout levels in today's session and gave a comfortable close above those levels, which confirms the breakout, can definitely be bought here with the respective stop-loss for an expected profitable trade.
NSE:BHARTIARTL has gotten BUY rating from 6 various brokers for 600+ target, which is 20% potential return.
The stock has shown a breakout with higher volumes today, which can be a good entry point.
MACD is bullish.
EMA20 is greater than EMA50 indicating in bullish trend.
The RR Ratio is also greater than 4, which is very favorable for the trade.
Closing price 527
- The stock trading in phases of Consolidation and directional trade phase alternately
- The stock has just given a directional movement
- Are we going to see a Consolidation Phase now?
Given the chart setup:
One may consider an Iron Condor Strategy here. It is a 4-part combination of Sell and Buy of Call & Put options