📊 NSE:PSPPROJECT - Technical Analysis - February 4, 2024, 14:18 IST 🚧
Company Overview: 🏗
PSP Projects Limited is a prominent player in the construction sector, providing comprehensive services from planning and design to post-construction activities across industrial, institutional, government, and residential projects. The company caters to both private...
NSE:SYNGENE , a leading global discovery, development and manufacturing organization catering to the pharmaceutical and biotech industries, is under the spotlight for this week's technical analysis.
Entry Logic 🎯:
The stock has recently crossed its 50-day moving average (MA) of INR 799, additionally breaching the Fibonacci retracement level of 0.382 at...
There is a swing opportunity in SUN PHARMA ADVANCED RESEARCH COMPANY .
Reasons are listed below :
Flag and Pole pattern.
0.382 Fibonacci support.
higher highs are being made.
Strong consolidation phase of 5years.
Increased volumes.
Target - 423 // 463 // 530
StopLoss - Daily close below 357
📊 NSE:TEGA Technical Analysis - February 5, 2024 📈
Market Overview: 🌐
TEGA Industries, a leader in distribution services and wholesale distributors, has shown significant technical indicators suggesting a bullish 🐂 trend in the National Stock Exchange as of the latest analysis on February 4, 2024.
The last trading price stood at 1186.00 💵.
Technical...
PDMJEPAPER
1) Time Frame - Monthly.
2) The Stock has been consolidating since June, 2021 and has given a breakout with strong bullish momentum & Huge volume.
3) The stock will find its next resistance around the price (125).
4) Recommendation - Strong Buy
Favorable Market Conditions:
1. A generally positive economic environment and market conditions can lead to a bullish trend across various stocks. Bull markets are characterized by optimism, rising investor confidence, and increased buying activity.
2. Market Sentiment:
Positive sentiment among investors can drive buying activity, pushing the stock price...
For savvy traders seeking the next big opportunity, Balkrishna Industries is now in the spotlight with a breakout that demands attention.
Reasons are stated below :
After multiple tests, Balkrishna Industries has triumphantly closed above the key resistance level at 2675, signaling a decisive breakthrough.
The stock has shattered a robust consolidation...
It looks like WTI has a intraday buy signal at around 73.00 zone with stop loss below 72.00 , The minimum target will be 74.70 in the next few hours as the zeo political sentiments have improved, and external indicators are showing bullish signals. The RSI is mixed to bullish.
Potential swing trade opportunity in CENTURYTEX - Daily timeframe. There is a potential upside of up to 16% in this next leg of swing within the pattern.
This a symmetrical triangle pattern but is good support zone for buying point my side .
entry that point and trg is 1st 130, 2nd 140. SL is always paid .If You LIKE MY Idea …please…Boost its for motivation for study .
for MORE check in my TradingView ID
“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I...
GUJGASLTD - Weekly breakout with nice price action and clean triangle breakout - Decent fundamentals and a good swing trading opportunity with a upside of 30+ %
A breakout refers to when the price of an asset moves above a resistance area, or moves below a support area. Breakouts indicate the potential for the price to start trending in the breakout direction. For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher. Breakouts that occur on high volume (relative to...
Weekly breakout in MARUTI with good volumes. The stock has been consolidating for 16 weeks after the breakout and taking support on the breakout trendline. It is a good zone to buy as the Stoploss is small while the upside looks very good.
The stock's Fundamentals look very good as well. Overall it will be a good bet.
Dear Friends,
This is an excellent set up with a limited downside.
The Risk Reward ratio is beautiful
Remember to follow the rules if you plan to take the trade!
Introduction:
NSE:IRCON , a leading construction and infrastructure company, is currently trading on the National Stock Exchange (NSE) at INR 58.55 . This technical analysis examines the stock's recent price action and provides a trading recommendation based on key technical indicators.
Technical Analysis:
IRCON is trading near the crucial Fibonacci...
