NIFTY - if low of 24575 holds, then it'll move higher till 24750Nifty in hourly chart gave a buy and then sell still the movement is not good. I think if the low of 24575 holds, there mighty be a move to upside till 24750.
Fibonacci
Greaves Cotton at All Time HighNSE:GREAVESCOT
Greaves Cotton at All Time High. Stock may retest 230-235 level before reaching to Fib 61.8% upside near 300 level.
Lloyds metals & energy getting ready - Commodity energy themeLloyds metals & energy has stellar fundamentals of more than 50% ROE over last 1,3,5,10Y and excellent double digits sales & profit growth as well. Double digit ROCE, high operating cash flow with improved and sustained profit margins since 2022. Power generation is a theme that's in progress and lloyds is part of this energy theme.
Volume isn't shown. Price breakout not happened yet but RSI broke out. Price would follow. Today gapup opening of 20 rupees visible in 15 min chart has also been filled.
AMBERAMBER has given approx 20% correction from the top. Retraced about 50% from recent rally. If it doesn't close below 5700 then it may take a good bounce and me resume its rally from this levels. Risk-reward is quite in favor. RSI reversal on daily time-frame also observed. Keep it on radar. AMBER is one of the stock which IMO seems fundamentally strong as well. Do your due diligence.
RAJRATAN GLOBAL, POSSIBLE BREAKOUT CANDIDATERajratan Global, CMP 499, witnessed huge correction from ATH.
Seems like at the bottom of both rounding bottom patterns, one
from its intermediate level as well as another from ATH level.
Important Support & Resistance levels are marked. Trendline
breakout will also coincide with up movement in rounding bottom,
again with due respect to key price levels.
Tata motors - Buy in weekly TF with a dip expectedIn weekly timeframe, the oscillator is in buy mode, we may get one more dip or we may spend time around the support. If the support does not break we may move to 950-1000 minimum as a retracement of the entire fall.
CSB BANK swing+positional bullishHello Everyone,
CSB bank taking Ema 200 supporrt and rsi positive divergence also a trendline support reatrce 50% from high overall bullish view 360,390,440+ possible.
Arihant super Structure on the verge of Darvas Box breakout.-Good Volume.
-Watch for the breakout.
Entry and probable targets are mentioned in the chart.
The chart shared is for educational purposes only. Please do your due diligence and risk management.
Strong Investment Opportunity in the Gold Mannapuram Finance: A Strong Investment Opportunity in the Gold Loan Sector
Mannapuram Finance primarily focuses on gold loans, providing financial services to individuals and small businesses.
Mannapuram Finance presents a strong investment opportunity, particularly in the gold loan market, with solid financial health and growth potential
Dividend Policy: Regular dividend payouts reflect the company's commitment to returning value to shareholders.
Risks: -Exposure to fluctuations in gold prices.
OLA Perfect Reversal fibonacciNow this is thepower of the fibonacci Level in the market, How this is perfectly work
Education purpose only - TRONUSD50% of current increase... is it sufficient retracement for next upmove... only future will tell..
BLUEDART - A must watch long term portfolio stock!MONTHLY TF VIEW:
Price Observations:
1. Good Volume support
2. Price structure is bullish
3. Reclaiming 9 years BO level
4. Bouncing from Monthly swing 50% fib level.
5. Bouncing from the Weekly Demand zone
6. Earnings are showing good growth as well.
Trade Plan:
1. Entry can be planned above 7900 with 15% Sl
2. Targets can be huge 14000 I'm expecting not immediately but eventually will reach there. Since it is a portfolio pick. For swing trade 9000 & 10000 can be considered as the TP levels
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
EUR-AUD | 4h | Swing Trading hello traders, i have prepared FX:EURAUD analysis for you. i have set my entry level, stop level and target level on the chart. all i ask from you is to support me with your likes. thank you to everyone who likes it.
C&H BREAKOUT IN SHREE PUSHKARShree pushkar 345, gave multi year breakout on daily weekly charts. Classical cup and handle pattern breakout with fibonacci extension showing target of 500 coming soon. above 500 we will review
Trade analysis - NIFTY 50 - 2nd dec 24Multi reason Support bounce - Trendline (bold white) +PSY 24k + fib
RIVN | Long Term | 100% ReturnCMP: 12.23
Entry price: 13.5
Target: 27.5
Return: 100%
The consolidation near a key support level is a strong signal of accumulation by buyers.
Watchout volume and retest in the breakout area.
ZOMATO A CHANNEL CONSOLIDATION WILL IT BREAKOUT OR FIZZLE OUT ?Zomato Ltd. is an interesting chart in momentum with following
1. RSI on all time frames (D/W/M) above 60
2. Narrowing Bollinger Bands on daily chart with price walking near Upper Band
3. Four months long consolidation in range of 240 to 295 zone
4. ABCD pattern under formation on weekly chart
5. Major Price Supports as under:
20 SMA (daily ) 263
50 EMA (daily ) 264
20 SMA (weekly) 261
with cluster of supports in range of 260-264 can be a good risk reward trade. Fibonacci projection tool projects targets of 333 and 358 Lets see if it sustains the trend or fizzles out
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
LICI Life Insurance Corporation of India buy trade with targetsHi! this is Kapil,
I made this graph of LICI by just using simple Fib extensions and reversals for getting to the desired target.
After seeing the closing of LICI in 2024 November month i have decided to Make this Chart.
Consult your financial advisor before investing.
ZYDUSLIFE, is up for a quick 5% move ,ZYDUSLIFE, is up for a quick 5% move ,
provided nifty should stay strong. expecting Pharma sector to do well
EURUSD Bullish BreakdownThis chart displays the 4-hour timeframe for the EUR/USD currency pair. The analysis focuses on potential bullish momentum and key zones to watch. Key elements include:
1. **Support Zone (Blue):** The lower highlighted blue area represents a strong demand zone around the 1.0450–1.0500 range, where buyers have shown interest.
2. **Resistance Zone (Red):** The upper highlighted red area near 1.0780–1.0850 represents a supply zone that could act as a target for a bullish move or a reversal point.
3. **Mid-Level Resistance (Purple):** The purple zone around 1.0600–1.0650 indicates intermediate resistance where consolidation or pullbacks could occur.
4. **Bullish Scenario:** The chart outlines a potential path for the price to move upward, breaking the purple resistance zone before heading toward the red supply zone.
The projection suggests watching for a breakout of intermediate resistance or potential support retests for confirmation of continued bullish momentum.
