Looks a day of down. Cues are neutral to negative. Lots of whispers and noise around the GST and budget proposals. Then there are concerns on some funds doing the front running, what is new. These things do happen all the time, at the height of the bull markets. This time is different. When chasing becomes the only art and not valuation and markets continue...
The stock has experienced a trendline breakout. This trendline has consistently produced higher highs throughout its duration. Additionally, there was a breakout from a cup pattern accompanied by significant volumes. These bullish technical signals on the weekly timeframe indicate potential for further upward movement. Keep an eye on the stock's performance for...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 24-6-24 This consolidation if Nifty crosses above 23500 then a big bull rally will start. If Nifty Closes below 23000 then a mild correction will happen. Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If...
The stock bounced back from the 0.618 Fibonacci retracement level. Additionally, the stock recently experienced a significant short-term trendline breakout, followed by a breakout from a rectangle pattern. These technical developments suggest potential bullish momentum ahead for the stock. Keep an eye on further price action for confirmation.
It is rare to find this pattern, for that matter in the last one month the Candles that we see are once in a lifetime kind off. The fade off story continues in the open, the double engulfing pattern is powerful one and sends the warning signs for any more move higher than what we have seen already. Crude prices remain higher, USDINR higher in controlled...
The weekly chart shows the possibility of a breakout above 200. MACD is also showing a bullish crossover. If crosses and sustains above, An early target will be around 300. At this point in time, the risk-reward ratio is quite good. One should wisely choose the position size and manage the risk. Better to accumulate up to the levels of 160 {if goes down}. This...
Gold has always been a valuable asset, serving as a safe haven in times of economic uncertainty. Investing in gold requires a strategic approach, especially in a market characterized by volatility. Here, we outline a detailed investment plan focusing on two distinct buy zones, each with its own parameters for entry and risk management. Buy Zone 1: $2312 - $2307 ...
Sunteck Realty : Resistance breakout possibility Need to break 520 levels decisively
Rallis India : Currently at strong resistance Sustaining 290 is crucial for upward move
LT Foods :: Cup and Handle Breakout Stay Long above 250 with immediate support at 233
Seems like it is in a short term bullish move over 5700 and then if breakout happens , makes all time high.?
Olectra green is a sector leader in a great going thematic sector. Price action suggestive of volatility contraction, poised to pop up. Supported with good institutional volume. Great opportunity for swing over this counter PS: not a trade advice
Great setup with low volatility in a strong uptrend Support from smart institutional money and strong sector. Well poised to pop up. Growth momentum swing. PS: not a buying advice
TIPS INDUSTRIES 1. Descending channel Breakout reversal strategy 2. Close within 52W high zone (-12.1%) 3. Close above the previous day's high 4. High increase in 1 month (+8.8%) 5. High increase in 6 months (+32.6%) 6. High increase in 12 months (+92.7%) 7. Promoter holding 63.9 % 8. Pledged percentage 0 % 9. Change in Prom Hold -5.06 % 10. FII...
#GIPCL trading above Resistance of 239 Next Resistance is at 313 Support is at 171 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
stock has broken out a major resistance, is trading in an uptrend. moreover, it is above the 200 and 50 ema. it has also broken the cup & handle chart pattern.
This chart is a daily candlestick chart for Shipping Corporation of India Ltd. (NSE: SCI). Here's an analysis of the stock movement Best Swing Trading Price Levels: Current Price: The current price is around INR 82.19. Support Levels: There are support levels around INR 77.85 and INR 55.25. Resistance Level: The chart shows a resistance level that has been...
Made a flag and pole pattern, getting support from fibbo, and also getting support from 50 EMA in 1hour time frame