Contains IO script
ITC long term [ 6 Months]The stock market is abuzz with the recent bullish run of ITC shares, sparking interest and speculation among investors. This analysis delves into the factors driving this surge and explores potential implications for traders and stakeholders.
EMA 200 - Crossing
Mutual Funds holding - Dec 2023 -9.66% June 2023- 9.17%
Target 1- 455
Target 2- 480
Target 2 - 525
INOXGREEN Analysis & PredictionINOXGREEN Analysis & Prediction
This is the analysis of INOXGREEN in Weekly Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the previous resistance with volume. Now facing resistance at trendline. This break out level may be retest in near future. If it will break and sustain above the trendline, 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 INOXGREEN:
Inox Green Energy Services Ltd. provides wind power operation and maintenance services. The company is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (“WTGs”) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs. The firm was founded on 05th May, 2012 and is headquartered in Vadodara, India.
South Indian Bank potentially performing well above the 29.50
South Indian Bank potentially performing well above the 29.50 levels on daily chart
if surpassed, could unlock substantial bullish momentum for the stock. This analysis delves into the factors supporting a bullish outlook above these levels.
bullish chart patterns forming around the 29.50 level.
Disclaimer:
Please note that I am not a SEBI-registered analyst. This document reflects my personal analysis and is not intended as a recommendation for any specific investment strategy. Investors should conduct their own research or consult a financial advisor before making investment decisions. Market investments carry risks, including the loss of principal.
INDOSTAR Analysis & PredictionThis is the analysis of INDOSTAR in Weekly Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks.
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 INDOSTAR :
Indostar Capital Finance Ltd. engages in the provision of lending used and new commercial vehicles. It operates through the following segments: Corporate Lending, Small and Medium Enterprises Lending, Commercial Vehicle Lending, and Housing Finance. The company was founded by Atul Kapur and Sameer Sushil Sain in July 21, 2009 and is headquartered in Mumbai, India.
CHAMBEL FERTILIZER BULLISH TGT 400-430-472 06-04-2024Chambal Fertilisers and Chemicals Ltd. is an interesting chart with following
Fundamentals
1. Company has reduced debt.
2. Company has a good return on equity (ROE) track record: 3 Years ROE 23.5%
3. Company has been maintaining a healthy dividend payout of 23.0%
4/ Debtor days have improved from 35.2 to 23.1 days.
5/ Company's working capital requirements have reduced from 50.6 days to 27.8 days
Technical points :
1. RSI rising and Above 60 on all time frames i.e. D/W/M
2. ABCD Pattern under formation on Weekly Chart
3. Super Trend Turned Bullish on daily chart
4. Can be a good Risk Reward with buy on dips and dips only as Major Support is near 334- 350 zone and resistance near 400-430 and 472 levels
5. Big Bullish Marubozu candle on weekly cart
6. Price walking on upper Bollinger band on daily chart and Narrowing Bollinger Bands on Daily chart
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.
Upside potential after Strategic 40% Correction Observed a notable 40% correction in our asset of interest. This correction, while significant, aligns with historical precedents that often precede robust rebounds. This analysis seeks to unravel the technical and, where applicable, fundamental factors that underpin the asset's potential to breach the 170 mark in the near future.
it's pertinent to acknowledge recent developments that may bolster its market standing. Be it forthcoming earnings reports, or regulatory shifts, such elements can significantly sway investor sentiment and, by extension, price action.
Conclusion:
Drawing from a comprehensive analysis, there exists a palpable potential for a breakout after considerable Accumulation and distribution.
Disclaimer:
Please note that I am not a SEBI-registered analyst. This document reflects my personal analysis and is not intended as a recommendation for any specific investment strategy. Investors should conduct their own research or consult a financial advisor before making investment decisions. Market investments carry risks, including the loss of principal.
Potential Breakout Above 40 Following a Strategic 25% Correction
Technical Analysis:
Support and Resistance Levels:
The asset's journey through this correction phase has highlighted critical support levels that historically signify strong buying interest.
Volume Analysis:
An uptick in trading volume at these support levels could be indicative of accumulation, signaling strengthening conviction among buyers and setting the stage for a bullish turnaround.
Chart Patterns:
Emergent bullish chart patterns reinforce the likelihood of an upward trajectory resumption.
Fundamental Analysis:
Should fundamental factors play a role in our asset's valuation, it's pertinent to acknowledge recent developments that may bolster its market standing. Be it earnings reports, or regulatory shifts, such elements can significantly sway investor sentiment and, by extension, price action.
Sentiment Analysis:
The prevailing market sentiment, as gauged through social media, news trends, and community discussions, appears to be tilting. A shift from predominantly bearish to a more bullish outlook could very well be the catalyst needed for the asset to overcome current challenges and aspire to new heights.
Conclusion:
Drawing from a comprehensive analysis, there exists a palpable potential for a breakout above the 40 threshold. This projection is underpinned by technical indicators, chart patterns, and a budding positive sentiment, collectively suggesting an impending upward movement.
Disclaimer:
Please note that I am not a SEBI-registered analyst. This document reflects my personal analysis and is not intended as a recommendation for any specific investment strategy. Investors should conduct their own research or consult a financial advisor before making investment decisions. Market investments carry risks, including the loss of principal.
ADVANIHOTR - Weekly Chart Analysis, CMP-142.65A multiyear breakout seems happening on the monthly timeframe. Still monthly close matters in that case. But on a weekly chart it is showing good strength.
On a weekly timeframe as we can see it had broke the supply/resistance zone (93-106) and retested the zone forming base of 11 weeks and 23% range. This week it has gapped up and closed above the base on good volumes.
The previous supply/resistance shall now act as strong demand/support zone. So that would be the main support. The stock is sailing above all its key moving averages too.
111 should now be the initial support and a weekly close with the follow through if seen in any case would invalid our view.
145 - 168 - 198 - 283 are the levels that might be tested over the long term based on trend Fib.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Finnifty Analysis & Prediction in DTFThis is the analysis of Finnifty 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.
CNX AUTO sentimentCNX auto continues the rally and aims at the 18860-19000 mark to make the new all-time-high.
Immediate resistance at 18719.50 which was the latest high made on 29th Dec'23
We can see a small divergence at the current level, indicating the possibility of a price fall.
Hence any bullish new entries are advisable once the price validates the breakout of the last high made at 19719.50
ABCD in Adani PortAn ABCD Harmonic pattern is under formation in the Adani Port chart with a possible price reversal at 1323.90 (which also confluences at Bhoomi's first bullish target)
We can have a short-side trading opportunity with the least SL on completion. Updates once the formation is validated on completion.
FINCABLES Analysis & Prediction in WTFThis is the analysis of FINCABLES 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 FINCABLES:
Finolex Cables Ltd. engages in the manufacture and sale of electrical and telecommunication cables. It operates through the following segments: Electrical Cables, Communication Cables, Copper Rods, and Others. Its products include wires and cables, led lightings, fans, miniature circuit breakers, and water heaters. The company was founded by Kishan Parsram Chhabria and Prakash Prahlad Chhabria in 1958 and is headquartered in Pune, India.
NAUKRI –INFO EDGE Analysis & Prediction in WTFThis is the analysis of NAUKRI –INFO EDGE 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 NAUKRI –INFO EDGE :
Info Edge India Ltd. engages in the provision of Internet based services through its web portals and mobile applications. It operates through the following segments: Recruitment Solutions, Real State- 99acres, and Others. The Recruitment Solutions segment consists of Naukri and all other allied business which together provides complete hiring solutions. The Real State- 99acres segment includes property listings, builders and brokers branding and visibility through micro-sites, home page links and banners servicing real estate developers, builders and brokers. The Others segment comprises primarily Jeevansathi and Shiksha service verticals. The company was founded by Sanjeev Bikhchandani on May 1, 1995 and is headquartered in Noida, India.






















