Date 04.07.2024 Tata Motors Time frame : Weekly I have taken long chart to display that how beautifully technical analysis works in big stocks where manipulation is not possible or not that easy. Therefore i personally request each one of you to practice technical analysis & take trades based on technical analysis only at nifty 50 & bank nifty stocks with higher...
RASHI PERIPHERALS LTD Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Breakout of Downtrend Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 472+. ✅Can Go Long in this Stock by placing a stop loss below 327-.
CMP - 1627 on 04.07.24 The weekly chart shows the support and resistance to the price movement. If crosses 1680 and sustains above, it may go into a bullish phase. Possible targets are 1730/1850/1900++ MACD is also showing a possible crossover. At the the time of crossing 1730, we will complete the head & shoulder pattern formation which is in progress right...
BANKNIFTY Intraday Trade Setup For 1 Jul 2024 Bullish-Above 52750 Invalid-Below 52640 T- 53250 Bearish-Below 52240 Invalid-Above 52350 T- 51645 BANKNIFTY has closed on a bullish note with 1.32% gain last week. In the last two days out of 5 sessions it turned slight bearish or can call this a profit booking. Also I alerted 27 Jun EOD that there is a possibility...
#IDFC First Bank : 01 Jul 2024 "Life is Simple, we make it complicated, So is Trading. Discover Simple, Yet POWERFUL IDEAS." In Play : HH : HL Summary • CMP : 82 • Clean Price Action with Vol favor's BULLS FOOT PRINT • Nice CONSOLIDATION of around 8-10 months • Trading right AROUNG VP mountains - ATH : 100.70 Conclusion • CMP 82 • Looks good for going NORTH •...
Trendline Breakout RSI near 65 and rising Trading above EMA50 Volume increasing Breakout from 10yr long trendline 4 year darvas box base Enter after confirm breakout above Darvas Box on closing basis Disc: for study, not a recommendation
Mahanagar Gas has moved to ATH at good volumes. We can see the first target of 1800+. Other factors: 1. Double Bottom pattern on DTF 2. RSI above 60 3. MACD above zero 4. Breakout volume "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
Attention, traders! Buckle up, because Reliance Industries Limited is ready to take off like a rocket ship to the moon! 🚀📈 We’ve spotted some exciting price action and technical patterns that you won't want to miss. Let’s dive into the details. I. Price Action Overview Chart Analysis Current Price: ₹3,061.10 Daily High: ₹3,075.00 Daily Low: ₹3,012.00 Volume:...
Hi All, This idea is about Butterfly Gandhimathi Appliances Ltd CAUTION: Please keep in mind that FY24 was not at all good for this company and this idea is purely based on technical analysis Weak Fundamentals Market Cap - 1500 Cr Stock PE - 184 ROE - 2.8% ROCE - 5% Promoter Holding - 75% D/E - 0.01 Technicals Post correction of 64%, price has reached a...
Its rightly said that “Buy when everybody else is selling in Panic and Sell when everybody else is buying in greed”. There are a few observations that I would like to share in this chart. ⚡Market is rallying >50% from its previous peak points. As it broke A, it rallied +50% to point B. Same it did at point C and presently we are 50% above point C. ⚡Secondly,...
Price Observation & Overview: 1. Shift in price structure from bearish to bullish with HH-HL formation. 2. Volumes are decent. 3. Earnings growth are improving. 4. ATH breakout will be xpected. Trade Plan: ENTRY = 643 SL = 563 (10%) TARGET = 954,1442, 1600++ - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't...
Zodiac Clothing Company Ltd There is a possibility of breaking the down fall of about 6 years and the consolidation range of 4 years. A good up side movement can be found above 156. Market Cap :349cr Promotor Holding : 71% International Buss.: 65% India : 35% TR : 221/265/309/372/452 wait for Brekout As of today For educational purpose only
A very positive breakout where all the moving averages converge & then expand. 1 Yr Breakout with strong sectoral tailwinds as all forging stocks doing well Strong upsurge in Volume indicates sustained price action upside from the present levels Supply and demand zones clearly marked in the chart with no extra indicators to cause any confusion.
GBP/AUD 4-Hour Analysis: Bearish Outlook Following Consolidation Break Chart Overview: This GBP/AUD 4-hour chart analysis highlights a bearish outlook following the break of a significant consolidation zone and a series of higher highs (HH) and higher lows (HL). ***Key Points*** 1. Consolidation Zone: The chart shows a prolonged period of consolidation, marked...
Good morning, friends! 🌺🍬 Here are the directions for June 19th: There are no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open with a gap-up start, as indicated by GiftNifty, which shows an increase of 70 points (at 8:00 AM). Nifty has been maintaining consolidation even if it...
Hello guy's i have brought another stock which has taken support in trend continuation pattern, stock has shown huge volume spike, means traders and investors showing interest from this level. Higher probability we can see krbl towards 450/550+ in coming few months. Fundamentally this is one of the best company with good management, it has helped many investors to...
Hi Folks, Metrobrand has shown very high delivery in overall day volumes. It has gone through a healthy correction of 50% of last leg of impulse. Stock has absorbed selling pressure, albeit with low volumes with high liquidity. Currently, price has broken out the falling wedge and RSI has shooted up to corroborate the strength of this up move. Constant weekly...
Attention all chart junkies and market maniacs! If you thought the only thing in India that could surge this dramatically was the summer heat, think again! India Nippon Electricals is here to prove that stocks can be hotter than a forgotten chapati on the tawa. Price Action Analysis: 📈 Current Price: ₹792.20 (more electrifying than your neighbor's DIY wiring...