HDFCBANK | Simple channel breakout - Looks good for 30%HDFCBANK | Simple channel breakout - Looks good for 30%
CMP : 1741
SL : 1550
Target : 2250
Candlestick Analysis
BIRLACORPN - Weekly AnalysisIn the Weekly Chart of BIRLACORPN,
we can see that; it is at decision making point.
Possible momentums are shown in chart.
SPARC - Weekly AnalysisIn the Weekly Chart of SPARC ,
we can see that; it is at decision making point.
Possible momentums are shown in chart.
APLAPOLLO - Weekly AnalysisIn the Weekly Chart of APLAPOLLO,
we can see that; it is at decision making point.
Possible momentums are shown in chart.
KAJARIACER - Weekly AnalysisIn the Weekly Chart of KAJARIACER ,
we can see that; it has become bullish.
Let it Halt and then give a strong breakout.
Possible momentums are shown in chart.
MAZDOC - BULLISH VIEW CAN GIVE BREAKOUT Market Cap
₹ 88,216 Cr.
Current Price
₹ 4,374
High / Low
₹ 5,860 / 1,742
Stock P/E
38.0
Book Value
₹ 310
Dividend Yield
0.63 %
ROCE
44.2 %
ROE
35.2 %
Face Value
₹ 10.0
Concord biotech making a King Candle.NSE:CONCORDBIO Making King Candle on a Daily timeframe with volumes higher than usual this price action is saying something with the pharma sector on the rise due to the bio-secure act in the USA.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Zomato Looking Good after Piercing Candle.NSE:ZOMATO Looking good after forming piercing candle with good volumes today on daily timeframe, can go to 300 will be hurdle to watch.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making any investment decisions.
UBL in Rising ChannelNSE:UBL is in a rising channel in the daily time frame with good volume and can continue its upward move to ATH Levels.
ABFRL took support and channel breakoutABFRL took support near 310 and also done channel breakout and 325 level breakout. should move upwards till 345. Also good volume shown.
Long trade on Wipro My view on this script bullish for intraday.
Entry Criteria: Wipro wason uptrend and it took support on TRENDLINE & BREAKOUT and RETEST recent high with good volumes.
Targets : 1:2
Entry at 553.50
Target at 559.60
# itstocks #wipro #nifty50
Banknifty Weekly Analysis Banknifty has formed Bullish Engluf candlestick pattern on weekly time. It is also taking support from multiple moving average channel.
Swing Opportunity in Jindal SteelGo Long @ 932.05 for Targets of 958.1, 996.5, and 1020 with SL 906
Reasons to go Long :
1. On a Daily timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.382 Fibonacci level.
3. Also there is a strong Trendline (marked with green color) which supports the stock.
IIFLSEC : Bounce Back from FVG#IIFLSEC #Threewhitesoldiers #fairvaluegap #momentumpick #Trendingstock
IIFL Securities : Swing Trade
>> Trending Setup
>> Stock in Uptrend
>> TWS & FVG Visible
>> Price Respecting FVG and showing Bounce back
>> Upside Potential upto 20%
>> Low PE Stock
Swing Traders can lock Profit at 10% and keep trailing.
If u Like the Analysis, Boost the Idea and Follow us
Disclaimer : Charts shared for Learning Purpose only, not a Trade Recommendation.
BANKNIFTY just changed it’s character in last hour!!As we can see, A sharp RECOVERY broke all it resistance leading to new NIFTY’s ATH end closed at important RESISTANCE for BANKNIFTY. Any closing above 51800-52000 level can lead to new ATH for BANKNIFTY too so plan your trades accordingly.
Rounding bottom breakout in Infosys monthlyInfosys has formed rounding bottom pattern on monthly time frame.
Entry can be made at CMP 1950 for short term purpose and buy on dip till 1800.
SL - 1700
Target 1 - 2070
Target 2 - 2240
Target 3 -2500
Rane Engine : Momentum Stock#Raneengine #threewhitesoldiers #fairvaluegap #momentumpick #trendingstock #Swingtrade
Rane Engine : Momentum Trade
>>TWS & FVG Visible
>> Bounce back form FVG Visible
>> Trending Setup
>> Good Strength & Volume Expansion soon
>> Potential of more than 20% upside
Swing Traders can lock profit at 10% and keep Trailing.
If u Like the Analysis, Boost it and Follow us for such Trade Ideas
Disclaimer : Stock Charts shared are for Learning Purpose and not a Buy or Sell Recommendations.
Inside bar rises the bar Can go long above the high of the candle
safe traders can exit at the mentioned target
Stoploss can be little down at the previous swing low but its for high capital traders
Nifty weekly analysis for 09/09/2024.The index after a long time has given some momentum on intraday basis and closed below the psycological number of 25k.
A bearish engulfing candle on the weekly time frames shows some weakness on the charts. If the market starts trading below the 24800 levels, there are chances of testing lower levels.
Hourly 200 ema is also around the support zone, while the daily candle closed below the 20 ema.
Major support levels :- 25800, 24600, 24230
Resistance levels :- 24960, 25100
The level and the pattern formed around it shows a significant bearish upcoming move in the market.
There are chance of market testing the lower levels as the market cycle seems to chance.
Wait for the price action near the levels before entering the market.
HMAAGRO - Weekly AnalysisIn the Weekly Chart of HMAAGRO ,
we can see that; it is decision making point.
Possible momentums is shown in chart.
DEEPAKSP - Weekly AnalysisIn the Weekly Chart of DEEPAKSP ,
we can see that; it is decision making point.
Possible momentums is shown in chart.
SPANDANA - Weekly AnalysisIn the Weekly Chart of SPANDANA ,
we can see that; it is decision making point.
We can have a buy at bottom opportunity.
Possible momentums is shown in chart.
PUNJABCHEM - Weekly AnalysisIn the Weekly Chart of PUNJABCHEM ,
we can see that; it is decision making point.
It has multiple rejections at both the Trendline.
Possible momentums is shown in chart.
