Date 10th April 2024 Time: 3:30 IDFC FIRST BANK was in a correction from last year's Sept. After showing full correction Wave At the end of March it Gap Down and from 1st Day of April it Started moving up seems like its short covering . But More Confirmation for going long is on 8th April IDFC Gap Up and Going upside continuously. and finally,...
stock : icil (indo count industr) trade : long (cash segment) buy @ 400 above sl @ 365 target1 @ 435 target2 @ 460 note : this information is for education only
Entering again in the trade. Last time SL got hit. Quite positive this time. Cup and handle is getting formed in Federal Bank. Entering the trade before the formation of handle as risk reward ratio is good. Final target is of 167. Disclaimer: All my ideas are strictly for educational purpose. I am not responsible for your profit or loss. Pls do your analysis...
Tata Steel :- - Monthly RSI showing signs of Divergence - The same could be observed on Weekly RSI as well - On daily the candle formed on 26.04.24 seems to be bearish in nature with high volumes forming a double top around the levels 165/170. The Fib retracement could be seen plotted at 154-150, 0.5/0.618 respectively. A short can be initiated from the levels...
SBICARD is at support levels and looks like it is ready for its next swing, the company has good fundamentals and as per the chart it has a good upside potential of up to 50% growth from the current levels. Overall it shows a very good Risk:Reward.
SHAREINDIA - Weekly breakout and retest successful. The stock shows a very healthy growth both fundamentally and technically. Great place to enter with a handsome risk: reward. Note: It's important to note that these observations reflect my personal views, and I recommend conducting thorough research before making any buying or selling decisions.
Cup and handle is getting formed in Federal Bank. Entering the trade before the formation of handle as risk reward ratio is good. Final target is of 167. Disclaimer: All my ideas are strictly for educational purpose. I am not responsible for your profit or loss. Pls do your analysis before entering into any trade.
Puravankara Ltd 1) Time Frame - Daily. 2) The Stock has been in a Consolidation since (January, 2024). Now It has given a Consolidation breakout & Closed above it's (January, 2024) High with good bullish momentum candle & with huge volume in daily Time Frame. 3) The stock may find It's next resistance around the (price 353) in short term 5) Recommendation - ...
NSE:EMAMILTD THis Stock Respect The Support of 2020,2023 Now 2024 We can get Upmovw with Small Stop Loss
OIL India has broken >10 year high and presents a good long term buy opportunity
SRF - Breakout in the weekly timeframe after 2 years. Entry can be done now or upon retest. Overall looking good.
Date 7th Mar 2024 Chemfab shown breakout with gap opening from significant resistance last week. Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure. Thank You!
CIEINDIA - Flag pattern in Weekly timeframe. Currently in colsolidation/ accumulation zone. Good entry point if the channel breaks.
BIKAJI is poised for its next upward move, presenting a potential upside of approximately 23%. The stock has maintained a trading channel for the past 2 years. This is an opportune moment to consider entry due to the following factors: 1. The Risk:Reward ratio appears favorable, with a stop loss (SL) potential below the channel. 2. Last week's candle exhibits a...
When Noone seems to be Interested in this stock. Time Cycle Points towards a Rise from the Ashes.
On every time cycle, ITC has a tendency to form a low and bounce back on upside. Very few were interested in this stock as it was a major laggard during April 2022. The recent sharp fall of ITC also made low near this Time cycle date. Way forward: When Noone seems to be Interested and all Negatives Around, TimeCycle Points towards a Rise from the Ashes...
Monthly chart of Jindal Steel & Power shows high potential of a breakout from resistance level of 15 years. OBV shows massive accumulation in volumes with strong RSI levels. Can be a very good BUY opportunity above 800 for potential gains in excess of 200% in long term and 50-60% in short term. Mutual funds raised their stakes recently. Quarterly results are...
SAIL is at 14 years resistance level. Volumes, RSI on monthly and weekly charts look very promising. A possible breakout on the cards! Overall, metal sector looks well set for a rally in the next 1-2 years which makes SAIL a safe bet. Keep a close watch and go LONG if it breaks out!