Contains IO script
Natural Gas - update
You can vouch that natural gas price is taking support at low of 5th February 2024 till now and today's next candles are
2-6-24 7:38 PM
2-7-24 12:04 AM
Check my indicator it is extending trend line from low of 5th and 6th February 2024, but these are two candles only and vulnerable once tomorrow's candle is make and low of that candle is not broken, the trend line will get affixed and long term upward movement will be assured.
Natural Gas and other Indian Stocks
Please do not short Natural Gas and Indian Stocks like UPL, Rajesh Exports, lux Industries, PEL etc.
Watch the lows of these stocks on 5th February 2024, these will not be broken, but recovery may be very fast or market may remain very slow to bring moving averages down. Be patient, please use EMA 144 in 1 hr chart. I will share individual details of these stocks in a little while, may be during market. Resist from shorting, exit all your short positions and be long to double your money from here.
Patience is required.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
INDIANB Analysis & PredictionThis is the analysis of INDIANB in Weekly 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 is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About INDIANB :
Indian Bank engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers NRI-Foreign Exchange, Applications Supported by Blocked Amount for IPO, wealth management services, supreme current accounts, educational loan, centralized pension processing, interest subsidy for educational loans, and financial inclusion plan. The company was founded by V. Krishnaswamy Iyer on March 5, 1907 and is headquartered in Chennai, India.
RECLTD Analysis & PredictionThis is the analysis of RECLTD 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 is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About RECLTD :
REC Ltd. engages in the provision of financial services. The company offers financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. Its services include loan for generation, transmission, and distribution projects. The company was founded on July 25, 1969 and is headquartered in Gurugram, India.
BLKASHYAP Analysis & PredictionThis is the analysis of BLKASHYAP in the Daily Time Frame. Watch carefully. The chart explains itself.
If it sustains above the resistance 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 level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About BLKASHYAP :
B.L. Kashyap & Sons Ltd. is a holding company, which engages in the provision of civil construction services. Its projects include residential, institutional, hospital, hotels, information technology parks, retail, commercial, infrastructure, and industrial. The company was founded in 1978 and is headquartered in New Delhi, India.
UNICHEMLAB: Breakout to All-Time High with Strong Volume SurgeUNICHEMLAB has recently experienced a strong breakout from an ascending triangle pattern on the daily chart, accompanied by a significant increase in trading volume. The stock is now trading at an all-time high, indicating robust bullish momentum. Investors are closely watching for sustainability and potential support levels. The breakout and all-time high are positive signals, but ongoing analysis and monitoring are essential in this dynamic market.
EICHERMOT: Bullish Momentum Indicates Potential Rally AheadEICHERMOT, as of now, exhibits a promising trend with its stock trading within a rising channel pattern. Targeting the first milestone near the all-time high resistance of 4200. If the stock maintains its position above this resistance level, there is a possibility of witnessing a more substantial rally in the future. Investors may find this development intriguing and could keep a close eye on the stock's performance.
Ashok Leyland: Bullish Momentum SignalsAshok Leyland, based on the analysis using the Stock Navigator by FnOGyan Indicator, presents a compelling long signal on the daily time frame. The indicator suggests a positive outlook, supported by strong volume building up. The stock has demonstrated resilience by repeatedly finding support near the trendline support area, indicating a robust underlying trend.
Chart patterns, such as the rectangle or flag pole, further contribute to the bullish sentiment. The formation of these patterns often implies a potential continuation of the current uptrend.
Investors are advised to keep a close eye on the stock as it approaches the all-time high resistance level. Sustaining above this resistance could trigger a more significant rally, offering potential opportunities for traders. However, it's essential to monitor the market closely and consider other factors before making any investment decisions.
CANFINHOMES ABCD- TGT 940-970Can Fin Homes Ltd. is another interesting chart with following
1. ABCD pattern under formation on weekly chart
2. Narrowing Bollinger Bands on weekly chart
3. Price traded and closed on Upper Bollinger Band on daily chart with huge volume.
4. Next Minor resistance 845-850 zone which is box number also once closed above it, it will form breakout of long consolidation in a box.
5. Box size almost 125 points between 720 - 845 zone Breakout of box can yield minimum 940 - 970 zone
Can be a good buy on dips and dips only as per one's own risk reward matrix. 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/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
CHOLAMANDALAM INVESTMENT HARMONIC ABCD PATTERN Cholamandalam Financial Holdings Ltd. Is an interesting chart with following
1. RSI on all time frames above 60
2. Narrowing Bollinger Bands on weekly chart with Huge Volume candles
3. Major support near 1060 - 1050 zone in short run and major support near 950-960 zone in long run
4. ABCD pattern under formation
Caution : Stock witnessed an aggressive short buildup in last few days and is under short covering now. 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/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
V GUARD - interesting chart bullish harmonic ABCDV- GUARD industries is an interesting chart with following
1. Price forming ABCD pattern on weekly chart
2. RSI on all time frames above 60
3. Weekly bullish candle with Huge volume
4. Major support at 283-296 zone
5. Buy on Dips and dips only with one's own Risk Reward matrix
6. Stock included in Weekly report of Stock Edge for current Week
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/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
ABCAPITAL bullish AB-CD patter ABCAPITAL is an interesting chart with following
1. RSI on daily and Monthly chart above 60
2. AB-CD pattern under formation on weekly chart
3. Price formed a bullish candle on Weekly chart with huge Volume
4. Narrowing Bollinger Bands on Weekly charts
5. Can be a good Risk reward with Buy on Dips and dips only for a price target of 198-211-225 and positional tgt of 244-270 zone
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 as on date but I may look to buy on dips with my own Risk Reward matrix.
BATA INDIA BULLISH HARMONIC BAT PATTERN PRZ NEAR 1420-1375BATA INDIA is an interesting chart with following
1. Bullish Harmonic BAT Pattern under formation on weekly chart
2. Price Reversal Zone as per Pattern is near 1420 - 1375 (below 1350 pattern fails)
3. Dozi formed on weekly chart with huge volume.
4. can be a good contra buy on dips with Low risk Reward as next resistance on upper side is at 1590-1610-1660 which can act as good targets. one can wait for price confirmation to go long or can aggressively add on dips as per one's own risk and reward analysis.
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 as on date but I may look to buy on dips with my own Risk Reward matrix.
MSUMI Analysis & PredictionThis is the analysis of MSUMI 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 is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About MSUMI:
Motherson Sumi Wiring India Ltd. engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. The company was founded on July 2, 2020 and is headquartered in Mumbai, India.
Rossari Biotech - Stock ready to fly
No comment about fundamentals, purlty technical. Stock ready to fly, but trade carefully. in the week to come targets may be very big but targets for tommorow have been provided on the chart.
Disclaimer: I am not a SEBI Registrered Analyst, please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. This is only for educational purpose; no recommendation.