This chart displays the daily price action of Indian Railway Finance Corporation Limited (IRFC) on the NSE (National Stock Exchange of India). Here’s an analysis based on the chart provided: ### Key Observations: 1. **Descending Wedge Pattern**: - The price action has formed a falling wedge, a bullish reversal pattern. The price has broken out of the wedge,...
Xauusd made high near 2532 where impulse 5 wave completed.. and started corrective wave w-x-y (double correction done) and made low near 2470 near the channel bottom support. If it sustains inside the channel with bullish candle formation above 2480 than expect one more move up for wave X towards 2490-2495 now stay cautious in shorting near the channel...
Huge potential is there. For short term investment ; Leave a " Like If you agree ".👍 Follow for regular updates.✌️ . . Wait for small retracement & daily candle to close above - "226" . . If you are interested in investment now, go for it with proper risk, . . . Enter after market close above "Yellow box" mentioned. . Wait for proper reversal and...
Good buy in SUN TV Network. BUY : At the range of 416-420. Stop Loss : Put stop loss of 400. Targets : 450/480/515/560. Reason to buy : Good support from the lower range of 400-416. HAMMER candle at the bottom on weekly basis. Falling wedge pattern.(Bullish Sign.) Very Good Risk...
Fibs- The Fib resistance is at 24650. So any further correction will come below this zone. We are fine as long as we are above it. Trendline- The recent dip bounced back from the channel support. Hence to me this is strength. Cycle- on the bottom is a cycle study. The next cycle is around the mid Oct. Here two cycles are merging together hence it will imp to...
Dixon CMP 13300 As the stock moves into a new terrain ...here are the probable tgts.
1. Lower Tops and Lower Bottoms: This pattern suggests that the stock was in a downtrend after its initial listing, with each high being lower than the previous high and each low being lower than the previous low. 2. Consolidation: Since July 2024, the stock has been consolidating at lower levels. This typically indicates a period of stabilization where the price...
Buy INDIAN HOTELS @ 330 FOR THE TARGET PRICE OF 345 /360/ 415 WHY IND HOTELS : Riding the trend , Good support from the Trendline & 200MA. : This idea is only for educational purposes. Always trade at your own risk. THANKS
DIXON 10 Years Target 2.5 Lakh possible based on monthly Charts. LTP – 11670 can be accumulated around 11400-12000 price range. Targets - 2.5 Lakhs + {20x Return in 10 Year} ... Another Multibagger who can Compete with MRF. Time frame - 9-10 Years No SL its Long-Term Investment hold. Fundamentally company Profits are growing almost double in every 2-3 Years...
Buy BHARTI AIRTEL @780+ Target : 810/ 850 /900++++ Stop Loss: 735 or Below trend line. Why BHARTI AIRTEL: Taking support from the Trendline & channel low. : Good support from the 50ma. : Good Risk to Reward Ratio of 1:4 Good fundamentals ...
#Gold Range Prediction from Today 23/08/2024 is as under. Gold Spot : 2480$-2530$ Gold INR : 71200-72250 It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation,...
Sustaining above sma 20 Removed weak hands with low volumes . (Last two weekly bars) Increasing volume on green bars. good risk reward setup. holding horizon - 2 to 3 months. sl 189 6% cmp 201 target 280 38% RR 6.3
NSE:JUBLFOOD Trendline breakout in Jubilant foods. Good to buy at the level of 500. Stop Loss below @ 450. For the Targets of 550/625/700/800/915+++ Reasons to buy: 1: Breakout of the long term Trendline. 2: Good Support form the bottom range of 420-450. 3: Just cross the 100 days moving average. 4: Breakout with good Volume. 5: Good RISK to REWARD...
NSE:IRCTC Good buying opportunity in IRCTC . BUYING RANGE: 650-660 ( After breakout) Case1- Good to buy after breakout of the Trend line ie. @650-660. Put Stop loss of 610. Case2- Second opportunity : if found around the Previous Demand Zone of 560-580. Put Stop Loss of 545-50 TARGETS : T1- 710 T2- 765 T3- 840 T4- 920 WHY IRCTC: 1-...
🔍 Updated Copper Analysis A few days ago, we shared our view on buying Copper. Here's the latest update: The correction seems to have completed in Wave Y red. Following that, we've observed a perfect 5-wave move to complete Red Wave 1, followed by a 3-wave correction. The next probable move is likely to be another 5-wave structure. Even if Copper forms a 5-3-5...
Bandhan bank should starts it bull run from here. 203 should be the entry price. This scrip should must contribute its bes share in Bank nifty. Bank nifty will be moving towards 55k 56k.
Keep eye on hudco in upcoming days it give good return if it breaks trend line....
cmp 1121. breakout with good volumes. Now ready to make new highs.