Based on the fundamentals and company performance recently. I am expecting this stock to reach 75 in 2023. Its have more probability for the profitable trade.
USDCAD sellers hold the reins for the sixth consecutive week so far as traders await the Bank of Canada (BoC) interest rate decision on Wednesday. That said, the BoC’s likely 0.25% rate hike is expected to join the bearish MACD signals and favor the pair bears. However, a convergence of an upward-sloping trend line from June 2022 and a 50% Fibonacci retracement of...
Today, the hemp cigar is changing college boys' personalities; they rarely refer to the class of traditional cigarettes due to their attuned personalities. It is making the best of the best in terms of choice, and CRTL stands with its authenticated hemp cigars for the betterment of its market demand. The authentic hemp cigars have no nicotine naturally, and CRTL...
HDFC Bank has under-performed the market for quite some time now. I believe that phase might now get over as the stock attempts to give a fresh breakout. Keep a stop loss at Rs.1635 and go long.
According to me, any dip in Axis Bank should be treated as an accumulation opportunity. Axis Bank looks very strong on the charts. It gave a multi-year breakout and with banking shares declaring solid numbers across the board, one should try to bet on good banks in the market. SL is still marked for those who want to trade, I am buying for investment.
Rajesh Exports is attempting a breakout after years of consolidation. Keep a stop loss at Rs. 815 and go long in this share. Fundamentally there has been a big news, let me explain: Rajesh Exports Ltd (REL) has announced that it is foraying into Advanced Technology Solutions with a focus on Energy Storage Solutions. REL has informed that has been selected by the...
With their recent stake buying in Open AI which houses the famous Chat GPT, Microsoft is looking more future ready than ever. It is currently trading around its 200 Weekly EMA and that has acted as a brilliant support for it. Keep a stop loss at $220 for safety and buy this share for the long term.
it will break out and wait for an opportunity. or it will lay on support zone
GRAVITA has broke all resistance, now sky is the limit. Good stock for long term investment. *FOR EDUCATIONAL PURPOSE ONLY*
WESTLIFE:- Double bottom pattern has been formed, if the breakout together sustains the upper side, then you can plan something. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check...
There is positive RSI divergence on daily time frame. *FOR EDUCATIONAL PURPOSE ONLY*
KABRAEXTRU:- Head and shoulder pattern has formed on the daily chart, keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about...
Buy at CMP of 855 for a target of 925 and keep a SL of 815. A 1:2 risk reward ratio.
Prerna infra is a micro cap script. Recently company has announced solid Q-3 results with all time high net profit. OPM are improving consistently from last 3 quarter. Promoters has also increased its holding from 46.73% to 61.34% in last 3 years. Keep on radar to accumulate at CMP. SL can be 33. Can be a rerating candidate if current performance continues for...
NSE:ITC I have a detailed analysis on this stock and also know that many investors are frustrated holding this script. It is also clear that demerger is not happening anytime soon so we do not have a comfort for value unlocking from this parameter. But in a contra bet, script has a strong Fundamentals. According to the chart patterns, stock is trading at the...
GBPUSD regains upside momentum, after a soft start to the week, as the Cable traders await the UK PMIs for January. It’s worth noting that the bullish MACD signals favor the latest upside but the RSI is nearly overbought, which in turn highlights the six-week-old horizontal resistance area surrounding 1.2450. Should the firmer British activity data allow the quote...
Reason For XAUUSD Fall 1. Breaked Out 1930 and ready to retest 1945 2. Stochastic and rsi indicates Bullish momentum Fundamental Reason 1. If DXY break 101 and fall then gold will retest 1945 and later 1960 2. If take support here then gold may fall upyo 1899 Overall XAUUSD SELL LIMIT 1945 SL 1960 TP 1869
Today will be a gap up opening in BANKNIFTY . Expected opening above 43000 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 43450. And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 43950 level.