This is a purely Technical Call.
Low Risk High Reward
Insurance space in India is very premature. With the current gen understanding the importance of Insurance and financial assets, there would be a surge in this sector going forward and not to forget this gen is tech savvy.
PB Fintech Ltd, is a multinational financial technology company, popularly known as...
RSI Breakout is witnessed.
DOW Theory in practice.
Triple Bottoms are considered a very strong support base.
My stoploss is lower to avoid shakeouts.
I like the structure it has been forming and believe that it could rocket from here.
Thangamayil Jewellery Ltd
Gold Chart is looking weak as attached below and I'm assuming that Gold would get even cheaper in days to come. Hence, I believe with this festive season being majorly Covid free, people may want to celebrate extravagantly after the low key past couple of years.
The only drawback here is that Pledged percentage is 14.8 %
#ASIANPAINT JUN 3000 PE given @ 118 and reached to 317 today and bagged 30K appx per lot.
Further levels marked for practice.
Check out the other levels shared, feel good about our analysis, pls leave your feedback.
Happy LEarning !!
Expectation of nifty in the chart shown above...but see what will happen in reality
This is my perception about nifty... Don't think it will happen exactly... If u like my idea u observe it otherwise don't.
With improving sales and profit in result, Vakrangee seems to acquire its past glory again.
Management is continuously taking right steps to improve sales, quality services and user base.
Seems it is forming a head and shoulder pattern.
Volume is increasing
RSI with positive momentum.
Disclaimer: I am not sebi registered. This chart is for educational purpose....
The stock of National Fertilizers Limited (NFL) has exhibited a 'double bull trap' as shown in the 75min chart. The first time bulls were trapped on 12 May at morning highs in the range of 72.5-73.5. The trap was laid further the second time with another gap up crack on 20 May with 72.5 high.
Imagine the plight of the folks who bought at these zones. They will be...
Study - A falling wedge pattern is observed in 1 hr TF. It must give a break out (close abv) to have the momentum shift upwards.
OC looks bullish; PCR is bullish; PCR vol is bullish.
ABC correction seems to be completed. RSI is bullish. MACD crossover happened in 1 hr TF.
At present NOTA. Need to wait till BO happens.
*This chart is for educational purpose only.