Price at strong support, day rsi @30 (support), 200d wma is at 1146, all indicating buyyyy...
Currently USL trading @20 EMA Support. Pros:- ATH closing. * Bullish 📌 Bar at 20 EMA in uptrend. * Defensive stocks giving Bullish momentum in post Budget. Happy Trading!! only for educational Purpose.
Resistance tested multiple times... it's ready to flyyy
Bank Nifty has underperformed this year compared to benchmark nifty largely due to NIM. Also it is expected that the RBI may cut rate before their US counterpart . In such a scenario HDFC is a good value bet plus it is about to test a major trendline giving an opportunity to make an ideal entry. However it may take a month or so to see some major moves. Upcoming...
Personally i think this gap won't fill, but if you trade gaps you can wait for it. Target of 1752, 40% upmove possible.
Breakout and Retest completed.... ready to flyyy? Buy at cmp or 224, target 344 based on FibLevels
The stock has had many bull rallies in the past and has been a multibagger. Despite the significant price movement, the stock is not considered inflated, as the fundamentals have kept pace with the increasing price demand. Historically, the stock moves in cycles of rallies and consolidations, and it is currently transitioning from a consolidation phase to a rally phase.
The trend has reversed, and there is visible strength in demand, as indicated by the length of the candles. Overall, this makes it a good stock to buy from a technical standpoint.
The stock is showing a pattern of change in trend, with a consistent upward movement characterized by traditional higher highs and higher lows. Compared to the previous movement dynamics, it now exhibits bullish behavior. Basis of Analysis: 1. EMA Support Seeking (35 EMA):** The stock is finding support at the 35 EMA, indicating a significant level for the...
Nas breaks ATH Thers no liq upside so it comes to take liq thers get confirmation to see 4 hr swing tcf confirmation
Running in a correction waiting for breakout, previously it's give a thousand (1,000%) percent 🔥🔥🔥🔥 returns in a year's so, expecting 200 to 300 % returns in upcoming weeks or months 📉📈🔥🎯 , Simply fib analysis that's all. setups is valid as long it's hold the golden level above 🔥🎯📈📉
Crude oil can be a possible short and can be covered after a small down move around 6400. if it breaks 6400 levels then 2nd target at 6300 and final target near 6100.
Bajajhind (Bajaj Hindusthan Sugar Ltd) closed yesterday at 36.25, bringing it close to the critical level of 39. A monthly close above 39 could potentially push the stock to 50 or even 58 levels. This stock attempted to break past 39 in February 2024 but failed to close above it. Since then, it has been trading within the range of 26.80 - 40.50. Keep an eye on...
Hindustan copper has broke out cup pattern neck line 198, which gives first target of 320. On the bigger time frame it will completing a cup or box pattern of more than 11 year. If it manages to close above 320 then it will be breaking its 11 year high, which can give target of 600. This is for educational purpose.
This is a Weekly chart. Here are some observations: 1. Price has been in a downtrend since Oct 2021 forming a large cup potentially finishing around Jun 2025 with neckline at ₹650 2. The red trendline still has to be broken to officially get into the uptrend 3. The recent green trendline has been breached following the healthy Quarterly results posted...
Tata Elxsi stage analysis Stage analysis of stock to show different stage like basing , advancing, distribution and declining. some factor which has occurred which causes these stages.
neuland lab stage analysis for last 3-5 years with some factor has helped in growth of
The current market cycle looks eerily similar to the 2005 - 2010 era. Dow started going up after the last rate hike in expectation of a rate cut and eventually peaked around the time the cut started i.e. Sep 2007. Very similar behaviour is evident in current cycle where market has been rising since the last rate hike. If the Fed cut is expected in June 2024, then...