The stock is making a beautiful rounding bottom pattern which can be witnessed supported by absolute satisfying fundamentals The company is engaged in realty sector and has an order book stood at Rs. 10,233 crs. as of H1FY24. The new orders in H1FY24 were ~Rs. 1,725 crs. The order book has ~63% of public sector orders Phoenix Market City, The Park by Lodha,...
I think it is very obvious looking at the structure. Anybody bearing on this sector is looking for a capital wipeout. Simple Breakout Simple liquidity Simple orderblock Simple "retest" Simple follow up volume expected. KEEP IT SIMPLE.
#COROMANDEL trading above Resistance of 1680 Next Resistance is at 1938 Support is at 1456 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...
#KFINTECH trading above Resistance of 994 Next Resistance is at 1337 Support is at 698 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...
Nifty Stance Bearish ⬇️ Unlike Nifty, BankNifty made a new low on the 6th of August after falling almost 1620pts ~ 3.16% on the 5th. Even though we shifted the stance to bearish - the current fall has no real momentum for continued action. The OTM options did not inflate enough signalling that -3% of a day will be shortlived. The price action on the 6th did not...
✅The stock has been forming a falling wedge pattern, which is a bullish reversal pattern. A breakout above the upper trendline of the wedge signals a potential reversal from the long-term downtrend to an uptrend. The falling wedge indicates that the stock has been in a prolonged consolidation phase, and a breakout could trigger a significant upward move. ✅There...
Nifty Stance Bearish ⬇️ Last week we shifted the stance to neutral, but monday's price action was more than enough to go bearish. Japan's markets fell almost 13% on the 5th of August due to news about carry trades. I have written an article on what is a carry trade and you can read it here: "What is the carry trade that everyone is talking about?" I just drew a...
✅The stock has been in a consolidation phase within a rectangle pattern, indicating a period of accumulation. A breakout above the upper resistance level of the rectangle would signal a continuation of the prior uptrend. ✅The 100 EMA has acted as a dynamic support, maintaining the stock's price within the consolidation range. The lower support of the rectangle...
#KFINTECH trading above Resistance of 747 Next Resistance is at 994 Support is at 604 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...
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
#TBZ trading above Resistance of 125 Next Resistance is at 155 Support is at 102 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 purpose only....
Artificial Superintelligence Alliance (FET) Faces Major Setback Meta Description: FET price has been facing a strong downturn for the last three months wiping out nearly 62% of its value Fetch.ai, Ocean Protocol, and SingularityNET have united to form Artificial Superintelligence through a token merger and continue to trade under FET token. The daily chart...
Bullish Signals: RSI is recovering, and MACD is showing potential for a bullish crossover. The price action also suggests that the stock might continue its upward movement if it breaks the resistance. Technical Indicator Analysis The RSI is recovering from a recent dip, suggesting that the stock might be gaining strength after a period of consolidation or a...
Rising wedge pattern of nifty 50 has strong resistance & weak support. index is not likely to break further as last trading session has not seen any strong long buildups just some short coverings. OI CHANGE -3.25 % AND PRICE INCREASE 1.11%.
shined and went to become this. just for fun, how nifty moved to 24k
Almost a year of accumulation Last 2 weeks showing HIgh Delivery Ready for Breakout Target seems 4 figures in coming Sl approx 20% so Trade accordingly
The idea here is to check long term resistance. As stock already pulled back from its resistance level, and still trying to break it with some volume but couldn't. In long term scenario, its the sign of a possible breakout in near future. It could be in coming weeks. There is a short term trend which also provide support to price but if it breaks, then there...
CAMS Can grow 3x in Next 5 years based on Monthly Charts LTP - 4370 Targets - 13000+ Timeframe - 5 Years India’s largest registrar and transfer agent of mutual funds with a market share of around 69%. Company charges a fixed fee based on the AUM managed by the Mutual fund company. Thus, the higher the AUM of its customers, the higher the revenue for the...