We have observed formation of bullish pattern in daily time frame. Even though , Market is showing bearishness, in shorter time frame ; stock straight goes from 1396 to 1511.
I am suggesting buy on dip strategy in this stock. The buying range is around 1400-1500. The immediate target is 1750. The stock is having strength to go much higher than 1750.
Due to...
NSE:RELIANCE
I believe there is a very high chance that Reliance will break this trendline this time.
Reliance has been following this trend line Since JAN 2021 and till then it has been tested 2 times
April 2021
Sep 2022
and this is the third time
Jan 2023
Demand on trendline has been reduced significantly.
So the Break of the trendline can happen and bears...
The FASP for L&T is listed for 11-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
1. This company has a monopoly in this sector and it's a fundamentally strong stock too
2. It has corrected more than 45% from its ATH (All Time High)
3. Current overall scenario is bearish no doubt and therefore entries from swing trade perspective is not valid until it consolidates/ranges for
sometime
4. From investing purpose (which is of long term) it can...
The FASP for Piramal Enterprise is listed for 22-12-2022 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard...
METROPOLIS
Key highlights: 💡⚡
📈On 1W Time Frame Stock Showing Reversal of Falling wedge Pattern .
📈 It can give movement upto the Reversal target of above 1610+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 2700+.
Spicejet
The stock has struggled a lot in past but since September 2022, the stock has managed to hold on to the Bear onslaught.
Financially still unhealthy, but with restructuring process due to be completed soon, and Oil prices cooling off, things may improve for the aviation sector going forward which can in turn help the aviation sector.
If we analyze the...
Hindalco has given a breakout today & it's also at a good level to catch
Why Hindalco is a Buy? NSE:HINDALCO
Reason for Buy:-You can see metals are Inversely Proportional to Autos.
Even as of now, metals are standing stronger when volatility comes in the market.
This gives the Idea that the demand for metals is more than the supply, making the price move...
TCS has given a breakout today & it's also at a good level to catch
Why TCS over all other IT Stocks NSE:TCS
Reason: Strength
When all others were in sell-off facing selling Pressure. It was the only standing man. Where the candles were forming was quite demanding.
Similarly, I've told some stocks in the Nifty Infra setup NSE:ULTRACEMCO NSE:GRASIM
...
For Educational Purpose Only....
One can look for a bullish position in NSE:SHALBY after a successfull bo at cmp (140) with a stop loss of 128 rs and a traget of 165 rupees
Blue Digital will be paid USD 27,000 for a three-month commitment beginning June 13, 2022. Additionally, Blue Digital will get 450,000 company's stock options to purchase common shares of the Company, with an exercise price of $0.10 per share, a three-year term, and one-third vesting at the conclusion of each month of service.
Bharti airtel is moving in a rising channel it can move up above 730
there is a confluence of factors signalling a strong move up.
1. uptend + resistance line break
2. Horizontal resistance break.
Hope you found this helpful.
Happy Trading!
Alright, So the story starts with a bullish movement in April this year with some unusual move in the volumes. Breaking the 9 Months resistance and going up 13% therefrom in a weeks time.
The Bullishness continues.. forming Higher Highs - Higher lows for the period May to July.
However, following the pharma sell off in late July, Support at INR 654 levels...
We are watching the IT index falling and taking support today, May it will continue to make its bull run. Or it will retest a breakdown level .
Point is we can scalp small 100 point qty on equity stocks.
All the best with view.
