Consolidation
OFSS AnalysisThis stock tests the patience of investors too much, Decent Earnings results keep this stock from falling down.
Today is a good day for its investors, gave a good breakout, showing more growth potential with its good, MACD.
If it stays above 4950 for some more time, can expect a good upward momentum and good rally or should wait again until it breaks the consolidation. Long term investors too didn't see any good returns since 2018.
for me this stock is interesting, ill see this moment of this one from now.
Accumulation phase in a rectangular box The stock is under accumulation for the past few months.The chart is self explanatory.Read the details given in the chart for a thorough knowledge.
Option sellers can use this script by doing strangle or straddle with break-even falling between 885-999 preferably.
This post is for educational purpose only.
JSW steel AnalysisThe stock stays in consolidation for a very long time before a breakout. breakout happens only by news or good earnings.
also there is no hope of breakout now as there is no uptrend. MACD is not that great now. hence I would recommend you o wait for while.
strong resistance at 774. no proper support.
Can give an entry if forms a good support level or gives a good breakout.
can keep in Radar
#L&TFH Long (13 Oct)#L&TFH Long (13 Oct)
crossed all moving averages around 88 level on 29 Sep
consolidate after breakout around 92.
Today we can see volumes are good.
Buy at CMP- 93
SL- 88
Target- 99, 106
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Charts and views are only for educational purpose.
MANAPPURAM FINANCE TRADE SETUP FOR TOMORROWMANAPPURAM FINANCE share has consolidation from last two day now there is time to breakout or breakdown.
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194 is support and 196.5 is a resistance, if stock goes above 196.5 you can buy this trade for the target of 200.
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Stock following the trendline from last so many days. So let's see on tomorrow.
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What's your view on this comment below in the box.
CHOLAFIN Trade Setup For Long PositionCHOLAFIN share is consolidating between 560-580 from so many days,
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Share has given the breakout of 579 and then took a correction now it is consolidating.
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So for tomorrow, there is a very simple setup if stock open flat and goes above 579,
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We will buy this trade target is 595, this is not the intraday targets it is Swing target's.
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What's your view on this comment below in the box.
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Stock Analysis of IFB Industries Ltd.Price - 1179.85 Dt. - 08.10.2021
Stock is consolidating near the support line placed at 1168.70. It tried to break this level twice before breaking successfully with higher than average volume. Stock is consolidating for the last 4 weeks and it looks like the stock is ready to resume the uptrend. RSI is strong and stock is above 21 DEMA and 50 DEMA.
TATA MOTORS - UPSIDE (Monthly Chart)Auto sector has not participated much in the NIFTY rally, but seems that the index is getting a push now. TATA MOTORS seems to be a good candidate. After recovering from low, it is consolidating nicely at a important fib level (seems like accumulation is going on). The stock is trading above near/med/long term moving average.
MCX GETTING CHARGED UP FOR THE NEXT RALLY?MCX broke it's monthly resistance and has retested it very well and is consolidating for a big movement ( high chances of upside movement ). BUY once it breaks out the trendline resistance on a weekly chart with good volumes.
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