Vesuvius is trading in Gann and showing sign of breakout soon, MACD divergence on chart clearly. big target marked on chart
EICHER MOTOR has given strong breakout on weekly chart. New targets are 4500 and 5000. chart has given advance RS breakout and our magic indicator turn in green.
Maruti is trading in upper channel. currently it has given strong breakout before annual results. On daily chart leading and lagging indicators are showing bullish view. On the same side Price action has given strong breakout on daily chart.
NYKAA - Possible Reversal Got in @165.5 on 1-APR-24. More strength abv 195-200 and more addition if sustains abv 195-200. T-SL is SMA-50/Situational. Current gain +8.24% NSE:NYKAA
This 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...
Chambal 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...
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...
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...
A 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...
Its not a recommendation, the correction is done and ready to move to 35
This 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...
CNX 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...
On weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated. Target green bands 5761 as T1
An 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.
As per Elliott Wave this stock is running into 5th wave. 2700 is the target if we see 1=5. Overall cup and handle would also make sense! but after it surpasses 2700.
This 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...
This 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...
This is the analysis of TIMETECHNO in Weekly Time Frame. Watch carefully. The chart explains itself. TIMETECHNO- Multiyear Breakout Candidate. 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...