Sugar sector have been consolidated and No worries of Farmer benefits due to election now. So Good mansoon and Ethnol production will increase profitability. Global warming Forex earning International prices of sugar are high.
Raymond Ltd. is an interesting chart with following 1. RSI on all time frames above 60 (DWM) 2. Narrowing Bollinger Bands on weekly chart with price walking on upper band 3. Bullish Marubozu Candle on daily chart with huge volume 4. ABCD pattern under formation on weekly chart 5. Ascending Triangle breakout on daily chart Major Support at 1790 - 1850 zone,...
I have marked the s/r levels based on swing highs and lows at 1h time frame which have gaps in it,
I have marked the s/r levels based on swing highs and lows at 1h time frame which have gaps in it
1 BAT Pattern under formation on weekly chart 2. RSI on daily fallen below 40 Pattern fails if price sustains above 4000 on weekly closing basis or closes above 4250 Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert...
National Aluminum is an interesting chart showing signs of negative RSI divergence on weekly charts Price in case of fall can fetch neckline of BAT pattern i.e. 132 Positionally and 154 being immediate 20 SMA Weekly support Pattern fails if closes above 198 Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for...
This is the analysis of MAHABANK in Daily Time Frame. Watch carefully. The chart explains itself. Earning reports will be disclosed on 16 jan 2024. If result is good and price sustains above 50 then it will good for stock. Keep eye on this stock. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have...
Birlasoft, looks like has formed Head and Shoulder pattern. Will it rebounce upwards from 750 or continue to fall downward to 650-680?
This is the analysis of GMRINFRA in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
This is the analysis of WESTLIFE in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
This is the analysis of HUDCO in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This...
This is the analysis of NLCINDIA in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
Ashok Leyland bullish breakout with volume Buy zone 170-180 SL below 165 lets see how these evolve Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do...
Engineers India Bullish buy zone 210-218 lets see how these evolve Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock...
Coromandel International Ltd. is another interesting stock 1. price rise with huge volume 2. major Support 1100 to 1125 zone lets see how it evolves Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/...
Mukand Ltd. a Bajaj Group company is an interesting stock to keep under radar with following FUNDAMENTALS 1. Company has reduced debt. 2. Debtor days have improved from 46.1 to 30.4 days. 3. Company's working capital requirements have reduced from 143 days to 101 days Techincals. 1. RSI on daily and Monthly above 60 2. ABCD Pattern under formation on...
Westlife Foodworld Ltd 1. RSI on all time frame above 55 2. ABCD Pattern under formation on weekly chart 3. price rise with huge volume candle fundamentally : Company has delivered good profit growth of 84.6% CAGR over last 5 years Lets see how it evolves Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not...
This is the analysis of NIACL in DAILY Time Frame. Watch carefully. The chart explains itself. The stock managed to break the previous resistance with volume. If it will sustain above this level, it is good for the stock. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to...