ITC is currently trading within the support range of 412 - 406, which was established on April 23rd and has been retested. This range presents a potential buy or accumulation opportunity. In case of a break, consider buying at lower levels, such as 392 and 362, based on the Fibonacci retracement level at 50%.
📊 NSE:MOLDTECH Technical Analysis - February 2, 2024 🏭 Company Overview: 🔍 Mould Tech Technologies specializes in providing comprehensive engineering solutions, including structural engineering, mechanical engineering, and IT services. The company's expertise in delivering high-quality services positions it as a key player in the engineering sector. ...
Buy on CMP - 1385 Sloplose - Weekly closing below 1350 Target 1- 1610 Target 2- 1900
Day chart I figured out Golden Ratio Zone in range 0.33 - 0.41 and this zone is supported by Fibo Channel so that make a confluence around here to support for the main trend Besides, I see the support around 0.49 but I think this support isn't strong Time will tell
Grindwell norton making Cup & Handle pattern. Look at the false breakout. Long upper shadow signifies selling pressure. It's either good to wait for weekly close or have SL at breakout level. False breakout then retraced to 61.8 fib retracement and took support. Also, it was long term trendline support. Plus look at the long lower shadow which signifies strong...
Looks like Policy Bazar will try to test the following targets, lets see if this happens Target1: 833 Target2: 940
Looks like Dr Reddys will try to test the following targets Target1 : 5625 Target2: 6205
The 18months correction seems ended in this stock, looks like this stock will test the following targets Target 1: 3614 Target 2: 4002 Target 3: 4639
Looks like JSW Steel has more chance to test 876 this year, it has support range 730-745 , hoping that it will respect the support, lets see what happens
Looks like RBL Bank will try to test the following targets Target 1: 218 Target2: 243
By seeing the trend lines and support and resistance, and also fib retracement, SBIN has the chance to test 628 first and 706 next this year
NSE:GSPL (Gujarat State P Limited) Technical Analysis: A Week Starting January 23, 2024, Prognosis - Emphasizing Key Indicators for Short-Term Bull Run" 📊 Overview Stock: GSPL (Gujarat State Petronet Limited) Analysis Period: Week starting January 23, 2024 Current Scenario: Bullish Indications Emerging 📈 Technical Indicators Analysis Parabolic...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For Tuesday 08-02-24 for Upside if Nifty Crosses above 21975 it may touch 21998---22040--22109---22219---22287---22397 for Downside if Nifty Crosses below 21888 it may touch 21862---21820---21751---21641---21573---21463 These are levels are generated on the basis on...
These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
After given upside rally, stock price is taking rest. Daily Time Frame As shown in chart, price took support and making a upside reversal pattern. for study purpose only.
Technical Analysis Report: Coal India - Week of January 23, 2024 📊 Overview Stock Name: NSE:COALINDIA 📈 Technical Indicators Analysis Parabolic SAR (Stop and Reverse): 🟢 Buy Signal Detected at ₹367.75 🚀 Indicates potential upward price movement EMA (Exponential Moving Average) & MA (Moving Average) Crossover: 🔄 Crossover Event nearing and then...
🔍 Technical Analysis Update for NSE:HINDOILEXP - Week Starting January 23, 2024 📊 Current Status: The stock closed at a high of ₹186.85 on the last trading day. It has been range-bound since August 2023 but recently breached a six-month high before closing just below it. 📈 Entry Point: Consider entering the trade if the price crosses and sustains above...