Q: Do you think TCS looks weak on chart?
My answer is "NO" as far as chart is concerned. Remember, it must have nothing to do with the fundamentals.
As you can see in the Monthly charts of TCS, their isn't a "single low broken" since March 2020. Let's analyze each Month's lows.
Mar 2020: Rs 1506.05
April 2020: Rs 1650
May 2020: 1865.20
June 2020: 1981.10
July...
Namaste!
You must have heard the words of great investor of all time.
Mr. Warren Buffett once said, “The first rule of an investment is don't lose . And the second rule of an investment is don't forget the first rule."
Losing money means, in simple terms means, selling at a loss . People get fearful and sell when the stock starts falling. There can be unlimited...
Namaste!
I often wonder why do retail people and even institutions sell when the stock has been already fell. Why didn't they sell when the stock was rising?
I follow a simple principal. Either sell it at a profit or don't sell.
Anyways, In the weekly chart of the ultratech, you must have noticed the circles I've drawn.
These circles represent the price as well...
Initial public offer was at 366. 366 resistance can now act as support. there's a BO & small retest... buy at cmp or gtt order at 366 for targets 425 & 520.
SL 328 (if you want)
Finally war related rally in gold is ready to Fisalout very soon, I'm not seeing above 1980 in this weekend🍕🏠🎉
I would like to Shortsell gold future in usd term @1980 /2000 stoploss
My final target🎯 is 1940/45/50🙏🙏🙏🙏
I'm very positive on this company, actually it's infrastructure gas companies. It's my long term investment at least 5 years time frame
Yesterday it's results came & also provide conference to share my idea
As per t. A. Folling wedge petern form in daily charts
Today we can see break out
Nifty has always traded between 0.2 to 0.4 Gold (in INR per KG), from 2015 to 2023.
This should come as a surprise to anyone since the sentiment is overwhelmingly in favor of Nifty.
Also note that Nifty is now on a weekly downtrend vs Gold.
I m very much bearsh since last 2 year's if you following my all charts idea
Some pullback comes n people bulish 🫢🫣
My target of infu is new 😲52week low
Alart🫨🫨🫨🫨🫨🫨🫨🫨🫨🫸🫷
Moving Average and RSI are showing same levels for stock to bounce.
Technically, It's going with the flow!
Stock is currently at the same spot - ma+rsi.
Should bounce from here....
I don't know🤷♀ why people are hurry to buy
There's no sign of fresh buying
Only shorts are covered with profit
Only risky trader's buy @ below yesterday low as a stoploss
But it's far away
Twl is one of my favorite stocks from very long time, I m entered@ 150/90 levels multiple times
As per my analysis now it's over
My last target was 840 & 880 almost achieved
I m completely exit @ 680/850 step by step
I will only reentering above 1000wclb
