In the latest structure it can be seen that there is a compression in the price range. The breakout in either direction may lead to a significant move. But the trading range between 70 and 72 may act as a support on the downside.
Sail is given a weekly and monthly chart breakout. It has broken highs of 10 years. Apart from that a falling wedge resistance is also broken. It should sustain the upmove. Target 150 then 180
The BSE metal sector has hit a 12 year old trend line. Historically this is the end of bull run in the cycle. But a strong breakout from this level will take it to ATH.
buy & hold
add @357 range
trgt 400-435-457-500+🎯🎯🎯
anytime we can expect 🚀🚀
🔹the stock published good result in q3
🔹stock in a uptrend
🔹feels like accumulation
🔹 chart shows bullishness
🔹any time we can expect a breakout
study then invest
about the company
🎇Surya Roshni is engaged in the largest GI Steel Pipe Manufacturer and the second largest in...
BNF is in a zone that is really hard to day trade. Tomorrow is Wednesday so premium decay would be a factor to consider if you are playing with option buying
There can be two possibilities
BNF makes a trending move downside towards 50 DMA. DMA are like magnetic lines that attract price towards it when they are near. Usually, it is also seen that patterns...
Nifty 14529 - We expected and posted on Thursday that SM has more possibility push down Nifty to support 14970 .But Nifty pushed further down and we find some short recovery with accumulation around 14850 which was negated as panic selling push down nifty further down with bond yield announcement. We find heavy accumulation at the end of the session. We expect...
Nifty 14565 - In ArC pattern, price will bring back to its staring position. It is proved in the second short arc pattern. So We are sure Nifty will touch 13700 region shortly.
Nifty 14565 - We expected and posted on Thursday that SM will push down Nifty to support 14970 .But Nifty pushed further down and we find some short recovery with accumulation around 14850 which was negated and panic selling push down nifty further down with bond yield announcement. We find heavy accumulation at the end of the session. We expect Nifty has more...
