M_M reported a combined net profit of Rs 163 crore for the quarter ended March (Q4 FY21). As per Technicals, The stock seems to be stalling at 0.5 Fib resistance. Once it breaks out from the resistance, 900+ can be anticipated. Furthermore, a bearish harmonic pattern stands in the way which might hinder the Up-trend.
TECHM is a Large Cap company operating in IT Software sector. Rangebound for almost half a year. As per technical's, Bearish Harmonic pattern in play. The last candle, seems to be taking support at fib 0.236 level. Similarly, It got rejected at Point D of Harmonics, The price might stall or reverse. If Point D breaks out, The next levels to eye on will be 1044...
Trading Above all the Major EMA levels Crossing above previous swing high of 1475 is important Watch Fibo retracement and extension levels for support and resistance
Gold levels ...31/05/2021 (1Hr candle)
Crude levels ...31/05/2021 (1Hr candle)😊
Bank Nifty levels ...31/05/2021 (1Hr candle)
Nifty levels ...31/05/2021 (D candle)
🔰 MY thought process : ⭐ Making an amazing descending triangle pattern after a really big move, a break of this trendline on 30mins/15mins = a possible good trade ⭐Plan: we want a break of 706 LVL with power and volume = a breakout of the setup = our trade gets activated :) ⭐Plan: Then we wait and do nothing :) that's the best way to earn money tbh :), people who...
Good Structure observed in Dhanuka volumes picking up in uptrend and dry up in consolidation For momentum players Above 956 add till 810(Fibonacci retracement level) Weak below 610 Target 1250-1300-1400 For Long Term investing Buy at CMP Add on dip and weak if close below 200 SMA Very good Fundamentals ::-- Market Cap-- ₹ 4,218 Cr. Stock P/E-- 20.0 ROCE--...
Took support at exactly 20 EMA and Fibo .618. Next trading session will be an interesting day for this stock. If it falls further, Short. If it rises, Long. #educationalpurpose
🔰 MY thought process : ⭐ Well As nifty touching ATM once again so we can also see a good move in BJFin too, but instead it produced an evening star on the D chart = bearish sign, that too at resistance, Q is will that make it bearish = yep but only intraday basis, and that would be against the trend trade wrt overall market sentiments :), so I would not touch...
🔰 MY thought process : ⭐ I have studied all the past data and made a good buy zone here if it comes to my levels that is this zone and gives me a conviction pattern on lower TF or then I will activate a trade :) well if gets higher and higher I will simply leave the trade and move on to other good stocks in the market :) ⭐A good pattern or trendline or a good...
Stock has generated good volumes and broken previous ATH in recent sessions. Looks good for more upside
MANAPURAM.FIN EQUITY levels ...31/05/2021 (D candle)
Shriram transport finance trends and target. Support and 1 resistance level upwards at 1518 Target of 1600
Momentum building up, Bullish harmonic played well. Sustaining above point B, might trigger the target at Point D.
RCOM EQUITY levels ...28/05/2021 (W candle)😊