Have you ever wondered where the big players, like mutual funds and foreign institutional investors (FIIs), are placing their bets? Spotting these "smart money" moves can provide incredible trading opportunities. In this analysis, we'll walk through the June 2024 quarter smart money movement in Kirloskar Brothers Ltd. and how you can use demand zones to...
Kabra Extrusiontechnik Ltd. is an interesting 6 month long consolidation breakout
1. RSI on all time frames above 60
2. Price Breakout with huge volume candles
3. Narrowing Bollinger Bands on both daily and weekly charts
Will it sustain ?
or
Will it Fizzle out ?
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I...
Bandhan Bank Ltd. is an interesting chart to keep on radar
1. Price formed base in its 6 month long consolidation
2. BAT pattern under formation on weekly chart
3. Narrowing Bollinger Bands on daily and weekly chart
4. Price getting ready to breakout of its consolidation and walk on upper Bollinger bands on daily chart
5. Minor resistance near 208-210...
AMI Organics Ltd. is an interesting breakout
1. RSI on all time frames above 60
2. Narrowing Bollinger Bands on Weekly chart with Price walking on upper band
A BREAKOUT Will it sustain or Will it Fizzle out ?
lets see How it evolves.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts...
ZM is looking perfect on the weekly chart. Target is huge and will surprise any day by showing a gap up of 30% in the coming trading sessions. Wait for price to test 59 and hold for long target short term will be 86 Long term target one can trail keeping a 2% low on weekly closure low. Long term target price will pause around 100 on crossing with good candle...
Support and Resistance Levels
Support Levels:
51,872 - This is the low of the 5-minute chart for today.
51,600 - A previous support level observed on the daily chart.
Resistance Levels:
52,400 - The current level where the price is hovering, acting as immediate resistance.
52,800 - A previous resistance level observed on the daily chart.
Market Scenario...
1. Support and Resistance Levels for the Next Trading Day:
Daily Chart:
Resistance is around 52,000 (close to the high of today's candle). This zone may act as an immediate hurdle if the price opens near this level.
Support is near 51,500-51,600. If the price pulls back, this level could provide support based on previous price actions.
5-Minute Chart:...
Tata Communications Ltd. an interesting chart in consolidation to keep on radar
1. RSI on all time frames (D/W/M) above 60
2. Narrowing Bollinger Bands on Weekly chart
3. Price can breakout of 15 month's long consolidation
4. ABCD pattern under formation on weekly chart
WILL IT CONTINUE TO CONSOLIDATE OR
WILL IT BREAKOUT
LETS SEE HOW IT EVOLVES....
Mahindra & Mahindra Financial Services Ltd. is an interesting consolidation breakout with following
1. RSI on all time frames (D/W/M) above 60
2. ABCD pattern under formation on Monthly chart
3. Major 20 Week SMA support near 290
4. Breakout of 16 months consolidation between 250-325 zone
Will it sustain or will it Fizzle out ?
Lets See How it evolves....
Vedanta Ltd. an interesting consolidation to keep on radar
1. RSI on all time frames (Daily, Weekly, Monthly) above 60
2. Narrowing Bollinger Bands on Weekly charts
3. ABCD Pattern under formation in weekly chart
4. Major 20 Day / week SMA support at 425-440 zone
A Breakout in making will it succeed or will it fizzle out
Lets See How it...
KNR Construction Ltd (KNRCON), a few key features can be observed:
Weekly High: Around 415
Weekly Low: Around 202.53
Current Price: Around 352.95
Breakout Structure (BOS): The stock seems to have experienced a breakout above resistance.
Here’s a potential trading strategy based on the current data:
1. Support and Resistance Levels:
Resistance Level: ~415 (near...
1. What was Today's Scenario?
The market moved down today. This is evident from the 5-minute chart showing a consistent downward trend throughout the trading session.
2. What level of support and resistance exists on Next Trading Day?
Based on the daily chart:
• Support Level: Around 50,800 (previous low)
• Resistance Level: Around 51,400 (previous high)
3....
SBI Cards And Payment Services Ltd. an interesting chart with Harmonic Pattern under progress
1. Narrowing Bollinger Bands on Weekly chart and price started moving on upper band last week
2. Break out from base formation after 8-9 month's consolidation within 680 - 750 levels.
3. Daily and Weekly RSI above 60
4. Next minor resistance between 830-870...
Zydus Lifesciences Ltd. Negative RSI Divergence on weekly chart
1. A picture Perfect negative RSI divergence on weekly chart
2. Price forming higher highs where as RSI is sliding downwards
3. Super Trend Turned sell on weekly chart
4. Fall in price followed by huge volume candles
5. RSI on daily near 40
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL...
Tilaknagar Industries Ltd. is an interesting Breakout on weekly chart to keep in radar
1. RSI in all time frames above 60
2. Price rise with huge volume
3. Three months long consolidation breakout
4. ABCD pattern under formation on weekly chart
FUNDAMENTALLY
Company has reduced debt.
Company has delivered good profit growth of 23.5% CAGR over last 5...
I love riddles and that may be a reason why I love Stock market.
So for #Trent I have created a riddle, Let’s see who can solve it. Along with the solution, there is an attachment of a great learning resource on stock market price action.
