Interesting quarterly results came . 1. As expected due to global issues results were affected , 2.Profit declined quarterly and marginally increased yearly still this major fall came due to order book . 3.Still this price action comes as a blessing for investors and even for swing traders 4.The price has come in a demand zone , 5.Short term price...
Guar gum is an agri commodity and is traded well in India The counter is currently in grip of bears and can witness downmove the earlier support now acting as resistance as can be seen from charts
GAIL in the past couple of sessions, made multiple attempts to kick out the resistance zone of 105-110 it failed will it be successful now? and make a move towards 140?
Debock industries Stock has delivered highest OPM EPS and sales Fundamentals are on breakout Stock above a supply zone Looking good Target 🎯 24
Intraday 15min Type- Long (Pullback) Stock- ABBOTINDIA Entry- 25233 SL- 25155 Tgt- 25428 RR- 1:2.5 Valid till- Check daily morning update
Dear All, Yesterday was the day of consolidation , where nifty had traded in a choppy zone . Still 16800 is a hope for the Bulls as a support and most of the Bulls are eagerly waiting for a breakout of 17180 on closing basis. As of now be cautious and keep following cherry picking strategy. Regards , Alok Daiya SEBI Registered Research Analyst
Following is the bird-eye view of SRF point-wise: 1 and 2) I see two patterns here on a Weekly time frame; 1 is a parallel channel, and 2 is a symmetrical triangle ( Note: Both can be bullish or bearish patterns depending on their previous more significant wave, here it was bullish ) ( Note 2: Currently sitting at the support of bottom parallel channel making...
In the above chart, the price action goes like this. 1) 50-60% Fibo retracement zone - Stock after a substantial fall getting lots and lots of demand from this zone 2) Its fibo retracement - Used from a swing low to swing High 3) Its called a counter trendline - stock currently getting demand on the extended CT, as a result of breakout and bigger time frame...
ABFRL looks attractive buy in the demand zone in the price range of 236-237 with SL of 225 for target of 245,252,257
a golden fibo level of 78 is good to long from oct low to december high . targets are mentioned with stop loss of 30
Infosys is near crucial support on daily chart. We can take a swing trade here. Entry We can go long after close of strong bullish candle near support zone. Target We can keep target as the next resistance zone as marked on chart. Stoploss We can keep stoploss below the support zone. Please Like & Follow me.
Chart patterns look apt for a short trade in Pidilite industries REASONS 1. PIDILITIND from September 2022 has been in Downtrend forming lower highs and lower lows 2. Currently it is ,at its 3rd BEARISH FLAG pattern (gave breakdown with volume spike) 3. Previous 2 Bearish flags achieved their targets(as per pattern-pole length) without any...
Biocon at suppply demand conversion zone (215-225) On 4 dec 2017 , there is huge gap up, sustain and moved up. After a period of 19 months price again came near gap up spot and acted as demand zone. Again Feb 2023, price came back at spot {gap up} , again acted as demand zone. So, the question is , should go long or not ? decide it on own Dont...
BUY Intellect closing 461.6 with stoploss 420 then targets are 500-550-600-700. Buying Reason. 1 --> Price made the ragne and wait for breakout. 2 --> RSI is ready cross 60. 3 --> ADX is show the Bullish move +DMI is bullish. 4 --> Bounce from the Demand Zone.
DEEPAKNTR closing 1812.05 with stoploss 1750 then targets are 1860-1900-1950+. Buying Reason. 1 --> Price Bounce Back from the Strong Demand Zone. 2 --> RSI is also turn around from 40. 3 --> ADX is shwo the Bullish move and +DMI is rise. 4 --> 20 EMA is crossing then more up side open. 5 --> Volume is also show the Acclumation and there is the People...
Buy in Reliance as the major swing has been broken and the prices instead of sustaining downwards quickly bounced inside the price range. Buying around 2328 and SL 2293 possible targets 2424, 2468, 2546
ICICIGI looks good buy around current level of 1136 with SL 0f 1106 as the stock has thrown out most of the early dip buyers. Target 1179, 1209 looks possible in Feb to Mar.
Long Nifty Demand was created on Friday Closing Market will take the support near demand zone and will get the prices push upwards