- Breakout Today (W pattern) - Fundamentally Good. Net Profit : - Quarterly (18 --> 24) - Yearly (33 --> 75) - Good RSI. - Stock P/E (53.4), ROE (9.0) Drawback - Promoter Holding Decreased by ~5%, Public Holding (20% --> 28%) - Small Cap, Volatile Levels are marked in the chart. For educational purposes only. Not a buy/sell recommendation.
- Trading above multi year breakout zone. - Good Momentum. Strong RSI. - Price movement in ascending channel. - Price contraction breakout. For educational purposes only. Not a buy/sell recommendation.
TATA Power has finally given breakout by closing above 464.2 which has been the LTH since long. This is a sign that consolidation phase is over and new targets are open. Had this closing come yesterday with monthly closing it would have been an icing on the cake. Now with tomorrows weekly closing if it remains above today's low and close higher than 465 we can...
MONTHLY TF: WEEKLY TF: DAILY TF: Overview & Observation: 1. Higher time frame gold is in a bullish trend. 2. Prices failed to form lower low showing strength in buying, confirmation still pending. 3. Channel breakout will be expected to get the confirmation on the long side. 4. Currently trading in a demand zone. Untill that is broken bullish view will...
Let’s see if it bounces back Support at red line Good point to initiate a long trade Just Paper Trade Gg
Date : 31-Jul-2024 LTP : Rs. 453.60 Next Resistances: (1) Rs. 464 --> (2) Rs. 521 --> (3) Rs. 613 SL : Rs. 412 on daily close basis Technical View: • NSE:TATAPOWER is in it's primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 464.20 on 3-May-2024, it has retraced 20% to 371.65 level. • On 31-Jul-2024, ...
Overview & Observation: 1. Strong breakout 2. RRR is favourable 3. Moving with weekly demand 4. Momentum is strong. Trade Plan: Entry = 248 SL = 215 TP = 280, 300, 350++ - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a...
Nestle India share looks good . Stock can take next 2-3 days for go upside . Aggressive trader can buy now. With last candle low stoploss use. 2450 is good stoploss Safe traders can wait for weekly bullish candlestick . An buy 2460-2440. Current price 2484 Stoploss 2442 near 1.4% Target 1 2560. 3.05% Target 2 2620. 5.95%
ENTER WITH SL PATTERN NOT COMPLETE, CHART PATTERN Bullish Pennant .
Hello Everyone. Market was in a tight range and premium decay happened throughout the day. You need to technically very sound to come out of these king of days. Most of new traders lose their capital on this kind of day. Whenever is opening below previous day we need to draw resistance levels after market opens. We have to mark at least 3 points including today's...
Technical Breakout: The company has broken a key resistance level after 7 years, indicating a strong bullish trend. Target Price: Anticipating a target of ₹1800, suggesting significant upside potential. Support Level: Potential retest of the ₹1100 level, offering a good entry point. Outperformance: Over the past 6 months, the company has consistently...
Zensar technology is a leading digital solutions and technology services company. stock P/e 25.1 vs industry P/e 37.6 FII has increases take in last quarter. Technically it has made a cup and handle pattern. Monthly , weekly & daily RSI is above 60. Look like it will be in momentum . If its closes above 585(weekly) then it should head for its target of...
Sell GBPJPY as it is in downtrend also it has made a pull back on important level and made bearish flag pattern good opportunity to sell
This is the right time to buy US30 it took reversal at important key level and now its taking a good pull back at key zone.
Heromotor is at it's daily support line i.e near 5377 , one cane entre into it with target 5555 and SL 5350!
I daily make educational content video for swing / positional trading
Tidewater - Long for 50% Tide Water long position for 50% upside - Tidewater Making cup and handle pattern at weekly chart - 50% upside target - buy between 1785 - 1800 Disclaimer:- Investments in securities are subject to market risk. Everything I discuss here is for educational purpose. I am sharing my personal view as a trader / investor. Please consult your...
After breaking the all time high in July it rallied a bit and went into consolidation. So finally its out of the base of 24Weeks and range of 30% on good volumes. It has already crossed the first probable target. It is also above all its key moving averages. 640 levels shall now act as a good support and a weekly close with a follow through below this level...