As we can see NIFTY despite opening strong failed to sustain itself at higher levels leading to unidirectional fall in second half as analysed in our previous analysis about the possible trend change. Now NIFTY can be seen trading at important demand zone and the lower zone could act as an important SUPPORT hence till NIFTY manages to sustain itself above the...
Banknifty has given a nice move after the budget day and closed 200 point lower on daily close and 1000 points lower from the day's high. The weekly chart is showing a rejection from golden fib ratio of 61.8% around 47k zone. Though, it has closed above the 20 WEMA buy still it is trading below 20 DEMA. The market has given much move in the last week but...
NSE: FMGOETZE 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 reversed at key support area which is indicating demand. One can look for a 13% to 19% gain on deployed capital in this swing...
Alkem Lab Cmp 4918 dated 2-2-2024 1. Hammer Candle @ support 2. RSI reversal 3 Good 10% correction done from highs Buy above 4935 target 4960-5000-5050-5075- 5100 SL 4775 Ii is just a view, please trade at your own risk.
as we can see NIFTY despite giving huge breakout out of inverted head and shoulders pattern ended up closing at the neckline of the pattern with big tail above showing the sellers dominance hence if NIFTY couldn't sustain above then neckline and breaks below then we may see NIFTY getting weaker and could hive rise to a new trend that is DOWNTREND so plan your...
Gail has given a nice bullish rally after crossing the previous ATH of 131.5. There has been a 30% bullish rally. It has formed a double top and once it starts trading below 155.80 level it will confirm a "M" pattern too, Today there was a nice sell of in the stock and it closed 5.5% lower with good volumes. Even the RSI indicator is showing a bearish...
Stock is in Temporary Uptrend. Stock is Moving is Raising Channel or Wedge. Follow PriceAction for Proper Entry and Exit.
DivisLab made a Proper HigherHigh and HIgherLow.,. Now its at Proper Higherlow,, look for Priceaction for Proper entry and Stoploss. There are two levels for Buying. Follow Risk Management.
Stock made a higher high and at higher low. currently in a consolidation phase. buy in parts in current levels and also at levels below it. Buy in parts for better Money management
PNB at Major levels, with momentum and with little support from Sectors. Conservative Traders can enter after Breakout and Retest. Anyway stock is towards Monthly Supply which is on TOP. Have your own Analysis too.
In the Weekly Chart of LYKALABS , we can see that; it is Holding itself on support line since 2 weeks. Also Hammer candle's are formed. Expected momentum is shown in chart.
In the Weekly Chart of PLAZACABLE , we can see that; it is at decision making point. Possible momentums is shown in chart.
Closed above last week's high.Hold for 2nd target.
Ascending Triangle Formation is seen in AWHCL. Now it is takin support at Central Pivot. Monthly Resistance is 603, which can be considered as target. The bottom trendliine can be considered as support
In the Weekly Chart of BASF , we can see that, it has made a consolidation of 12 weeks in same range. We might see a strong up move for higher resistance.
In the Weekly Chart of UBL , we can see that; it has created a Bullish Hammer candle in Trendline after breakout. We can a strong up move from here.
NSE: ABCAPITAL 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 reversed at key support area which is indicating demand. One can look for a 16% to 24% gain on deployed capital in this swing...
Firstly has reduced debt. Stock is given Good Breakout on Daily and Monthly Time Frame with Huge Volume. Above 29.50 Looks Good for Long. Support Zone is 25.70-26 and Stop Loss Below from Support zone on Daily Closing Basis.