Chart-analysis
CAMS pattern + speculationThis is the time when everyone can see a cup pattern is forming but handle can be at lower levels. But chart is showing resistance at current price level. It may further go down to form a proper handle or stick to the current level.
Pattern:
> Wait for the formation of proper handle.
> Buy when there is a breakout with volume.
Speculation:
> Buy at dips to get more gain due to swings in handle.
> A beautiful cup formed at larger level it has higher chances to form a niche handle. Get more involved in buying.
NOTE: This is for education purpose only.
CAMS Cup formationlong term cup formation is completed.
Generally when a cup is formed in longer time frame, it is considered to be an up-trend and is a good opportunity to buy stocks.
Need of a handle is based on investor to investor. Some see valid volume on breakout and keep investing on dips, and some wait for proper formation of handle.
In this chart, volume is rising on resistance level. and can be a good buying opportunity for long term.
Please do like and subscribe if you like the idea.
NOTE: This is just for educational purpose only, please do enter in market at your own risk.
CDSL - Time to fly?Central Depository Services Ltd is a provider of depository services
TTM EPS: 27.92
TTM PE: 45.93
P/B: 11.79
Mkt Cap (Rs. Cr.): 13,400
Dividend Yield: 1.25
Sector PE: 39.53
Book Value Per Share: 108.74
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Company with No Debt
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Brokers upgraded recommendation or target price in the past three months
Negative to Positive growth in Sales and Profit with Strong Price momentum
RSI indicating price strength
High Volume, High Gain
Some Negatives:
Negative profit growth, promoters decreasing shareholding QoQ
Degrowth in Revenue and Profit
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
ITC stocks analysis on monthly basis & Also Target levelElliott waves completed (08 waves i.e 5 Impluse + 3 corrective wave ) since 2004 to 2020 on mothly time frame. than new Impluse wave have started since 2020. now in present seems that 3 wave have completed & 4th wave in ongoing. 4th wave to be comes at 38% or 68% of wave 3 which target have given in chart. And target upside upto 512 level when it completed 4th wave.
this is only educational
Bank Nifty Chart Analysis for Tuesday- 11.04.2023 Bank Nifty about to give a big breakout at upside but if it will take to happen atleast 1-2 days after consolidation then it will be breakout. For tomorrow, morning first half should be bearish and pressure upto 40500 and then a good upmove can happen.
BTC NEXT MOVESo mine last prediction was wrong (you can correct me by analyzing it).
You can clearly see that past two breakout took almost 1month to down and we have to wait to see where BTC will go further down or up, It could be see in next 15/17 days(OR BTC "might be" go down in somedays because of inflows).
DISCLAIMER:
I'm still leaning/beginner, So if you go and trade according to my analysis then be careful, I'll not be responsible of any of your profit or loss
"You can correct me or teach more regarding to this analysis"
Analysis of USDCADHello traders, hope you are having a pipfull week.
So here is our analysis on USDCAD.
As we can see that the pair is moving in the channel and consolidating
fo a period of time now, so its good to wait for the pair to break from the
channel. Its currently at the support zone and will fall a bit till the support of the
current channel.
it will be interesting to see if it breaks the support or no.
So we advice for you to wait for the next update.
Thank you.