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...
This is the analysis of HINDCOPPER 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 MOIL 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 ABCAPITAL 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...
HSTECH has gone through a deep correction in last few years. My wave counts suggest that the bottom has been made and it's the beginning of the next leg up/ or at least a big enough pullback of the entire fall - in any case a good bullish trade. We have completed Wave 1 and 2 and Wave 3 has begun. Within wave 3, just minor 1 and 2 have been done and we are in 3...
Nasdaq has done really well in last 15 months - rallied 70% since Jan '23 and 30% since Oct '23. EW counts suggest that we are close to the end of a weekly impulse. There are 2 alternatives counts - however, my bias is with the blue one, which suggests that there is a correction around the corner. Reason is that there is a topping structure on daily...
Silver had a strong run up till 86k, after which profit booking was seen which brought it down till 83k. Now, pull back of the first wave of profit booking seems complete, which gives another opportunity to take a short trade.
This is the analysis of CAREERP 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 GMRP_UI (GMR Power & Urban Infra Ltd) 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...
Welcome to today's analysis of NSE:ELECON , where we explore a compelling trading scenario fuelled by recent stock activities. 📊 The Breakout Story Elecon Engineering hit a record high in its previous Friday trading session, breaking past its former resistance with impressive volume. The surge was marked by a robust breakout candle, signalling strong...
-Nice Base -Good Breakout -Resilient in downward trend -growing EPS and Sales -Nice and Clean base. SL Below 2400
Bharat Dynamics Ltd. is an interesting chart with following 1. RSI on all time frames i.e. DWM above 60 2. Narrowing Bollinger bands on daily chart with price moving on upper band 3. Bullish Marubozu candle with huge volume on daily chart 4. ABCD kind pattern under formation on weekly chart 5. Super trend turned buy on daily chart with major support near...
Maruti is an interesting chart with following 1. RSI on all time frames above 60 2. Stock closed near 52 week high zone 3. Price close within 2 year and 5 year high zone 4. Price Making higher highs for last 3 days 5. ABCD candle on weekly chart with huge green candle and high volume 6. Major Support 10380 - 9800 zone 7. Next Major resistance near 11500...