Only Naukri can save us during this tough timePeople have lost their jobs during this lock down, demand for websites like Naukri will increase drastically.
One Must add this stock in their portfolio on dips as highlighted in the chart
Demand Zone
M&M Financial: At a Very Strong SupportAnalysis:
1) The stock has seen significant correction
2) It is present in a strong activity area from where the stock has previously witnessed support and resistance
3) The stock is also taking a support from the trend line
4) It is also retracing from 0.882 Fibonacci levels
Interested traders can look for confirmation by waiting for the price to breach 165 levels before taking the trade
Tgt 202
Sl 152
Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.
ICICIGIICICI Lombard General Insurance :: Taking support here and can be seen through previous support and Fibonacci levels.
Expecting a bullish move..
(Only drawback is Nifty is correcting and might create trouble for this counter)
Follow my page and inbox me for the Entry/Target/SL
Disclaimer: Strictly for educational purpose..
Sun TV - Double the investmentSUN TV more likely to double :)
Looks strong technically and fundamentally.
ELLIOTT WAVE ANALYS ON ITC 19.04.2021BUY 193 TO 195
TARGET 246 TO 267
Reason For Buying This Script :
In monthly time frame it is forming as Elliott Wave , Now it is happening consolidation. Try to accumulate in bottom price.
193 is the best buy for this script, And one more conformation also given. In weekly time frame it is forming trend line & channel Line.
Note:
Above given levels are based on Monthly & Weekly time frame. Be patience it will take some days to achieve the target .
ALL THE BEST ....
Bata ind coming near good demand zoneBuy Bata India near 1170-1220 levels as medium term positional bet for 1450-1500 levels. On weekly basis Bata India getting support as we draw trend line on weekly charts. Invalid below 1150 on weekly closing basis
TATA Consumer.Retesting of TATA Consumer ATH. Keep an eye. It might be the start of new Trend. Wait for Confirmation.
UJJIVAN LONG (STRONG BUYING LEVEL)BUY UJJIVAN 211 SL 202 TARGET 241/ MAXIMUM TGT 273
VERY STRONG BUYING LEVEL
Nifty 50 Chart Analysis 07-04-2021Two Critcal Points. By Analyzing Nifty 50 Chart on 07-04-2021
1) Wide Demand Zone, But Weak Support Area. 14263 - 14517
If Price breaks any of the nearest Trend Line, In Days Closing
Then, It is expected The price will fall to this support Area.
2) Strong Supply Zone, And Strong Resistance.14829 - 14881
If Price breaks this resistance at Days Closing, Then
The Ascending Triangle Pattern will be broke and index may become bullish.
Disclaimer : All Views are Personal And Educational Purpose Only.
You are exclusively responsible for your Profits and Losses.
Use the Ideas with your own Risk.
Canara Bank BUYBuy Canara Bank @ 146.9 target 159+++ SL 141.2 BSE:CANBK
demand zone in Canara Bank at 146.9
BCBA:C
MRPL | Breakout from accumulation zone - Box BreakoutMRPL | Breakout from accumulation zone (Box Breakout) - There is a decent INHS visual too.
CMP : 44 (Dip till 40)
SL : 36
Target : 63, 86
1:6 risk reward setup (first target)
Metal Commodities Story: TIN1. Fundamentally strong company.
2. Back to back quarters good results.
3. Trading at half its book value
4. PE = 6
5. TTM EPS= 10.66
6. Grossly undervalued company.
7. Historic supply squeeze is driving Tin prices up. Has reached 10yr high.
8. Technically on the verge of break out.
9. Demand for Tin in the packaging space.
10. Stock can be a 5x to 10x multibagger from here.
supply and demand zonesi have provided drawings of simple supply and demand zones on the banknifty charts. if you are a new trader you can also interpret as support and resistance lines.
Bajaj Auto Fibo+ Falling wedge+ Demand zone+ Multi time frameIn 15 mins stock is nearby its lower trendline, Currently closed to proper valuation as shown by the valuation band in 1st chart. Also standing on Demand zone .
In 2Hrs timeframe it has completed 61.80% retracement and also nearby 100 ema .
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
ICICIPRULI IS GOING TO STOP FALLING ?Hello fellow traders, we can see that ICICIRULI has formed a bull flag pattern and now taking support at major weekly support zone we can see a big move in coming days after the breakout. right it's consolidating on lower time frame and volume is decreasing which is a sign of big movement in coming days.
let me know your views on this analysis ?
GODREJ CONSUMER BUYING OPPERTUNITYBuy above 736 with TARGET-1= 747 , TARGET2= 758 , TARGET3= 769
STOPLOSS - 727
MAX TIMELINE = 1 Week
Asian Paint near Demand ZoneEvery things seems to align perfectly. Quite favorable Risk/Reward. Positional Trade
