NSE: HOMEFIRST is closing with a bullish consolidation 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 been moving along the horizontal support for the past few days which is indicating demand. One can look for a 10% to 15% gain on...
MGL | Multi year channel breakout - Has potential to double CMP : 1300 (Dip : 1150) SL : 1000
Stock has given the BO of the 1800 level in first week of 2024 and made W pattern. Stock has retested this 1800 level last week which is a good sign. This 1800 level is a strong resistance from last 3 years, since 2021 and now acting as a support. This makes a good swing trade opportunity. TGT : 1950, 2100, 2250 SL : 1650 This analysis is just for educational...
Stock has been consolidating in a range from many days.Volume breakout has happened today. Stock should sustain above 850 for couple of days for confirmation. Levels mentioned on chart. Highly risky trade.
As we can see NIFTY has shown strong bearish candle but managed to close above our given level but this level has been tested many times now making it very weak hence if NIFTY manages to open above 21450 and breaches our level we may see another 200-300 points unidirectional fall and agressive short positions can made with great R:R so plan your trades accordingly guys
Balkrishna Inds Cmp 2480 dated 21-12-2023 1. Bullish Piercing Candle @ support (Reversal) 2. RSI reversal Buy above 2486 target 2540-2575-2590-2620-2650 SL 2425 It is just a view, please trade at your own risk.
BLS International Cmp 274.45 dated 10-11-2023 1. Rectangle Consolidation BO @ 290 2. Bullish Engulfing Candle 3. 71% holding with Promoters & 7% with FII's (78% in strong hands) 4. Almost Debt free Company Buy above 278 target 290-300-325-350 SL 255 It is just a view, please trade at your own risk.
Finnifty after a gap up opening has continued the up move in the second half and closed 160 points higher. Hourly close is showing a break out and even the daily candle is showing some bullishness. If there is a gap up opening, initially there will be some profit book and market will test lower level or today's close. After the retest, if there is a bullish...
NSE: ICICIGI 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 been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
As we can see despite the strong move BANKNIFTY couldn’t close above 48250 and remained sideways to weak throughout the day forming DOJI kinda candle in daily time frame showing indecision hence can be sought that it has taken the liquidity and ready to create a panic for buyers hence we can expect a weak opening creating panic before finally continuing its rally...
MTARTECH was in a Base formation for weeks. Now the stock is at Pocket Pivot, Supported by Volume, MA and price action. Monthly Resistance is 2330.
Banknifty on the weekly close has given a hammer candle and has retraced from 61.8% levels. It has given a slow progress after testing the ATH and is lagging the other index. There are chances of it giving a nice move this week, if it starts trading above fibonacci level. There is a parallel channel consolidation and if it clears the resistance zone around 48k...
An engulfing candle on the weekly close is good for the index as it has closed near the new high. The coming week can give a bullish move too. It has started trading above the resistance level of 21800 and closed somewhat 100 points higher after the break out. Major support levels :- 21720, 21600 and 21500 Still market is trading above the break out, either it...
NSE: MIDHANI is closing with a bullish consolidation 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 been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
In the Weekly Chart of MEDPLUS , we can see that, it has spent weeks near trendline. It is at make or break situation. Enter on breaking of Candle's High with low as SL.
In the Weekly Chart of PEL , we can see that, It has create a Hammer Candle on support. Also, it is about to form Inverted Head & Shoulder. Enter on breaking of Pinbar Candle's High with low as SL.
In the Weekly Chart of PIIND , we can see that, it has created a Halt/Decision Hammer on Trendline. Enter on breaking Candle's High with low as SL. Possible momentums are shown in chart.
In the Weekly Chart of ASAHIINDIA , we can see that; it has made a Pinbar on Support. Enter on breaking its high with low as SL. Expected momentum is shown in chart.