NSE:MARKSANS has attempted a breakout and any follow up should be bought into. The stop loss will be at 175 after the breakout is confirmed. Looks good for short to medium term. Excellent volumes today.
Confluences marked on the chart. Potential +3R trade. Hold time till end of the week.
Today, we dive into a practical example with LTFOODS, examining its current position within a demand zone & fundamentals. Understanding the Basics: What is a Demand Zone? A demand zone, often seen in charts as a Rally Base Rally (RBR) sequence, is where the price has rallied, found stability, and rallied again. It indicates strong buying interest at lower...
I'm considering another short on the index. Here's the breakdown: Geopolitical Risk: The threat of World War 3 casts a shadow of uncertainty over markets. In times of crisis, investors tend to sell stocks and seek the safety of assets like gold. Tech stocks usually bear the brunt of the selloff. Overheated Tech: The tech sector has been thriving, but...
Zydus Wellness (ZYDUSWELL) appears to be gearing up for a significant move, with potential breakout opportunities on the horizon. The stock has been consolidating since February, indicating a period of accumulation and building momentum. Key Levels: Keep a close eye on the key level of 1720. A breakout above this level could signal a bullish trend continuation...
USDJPY edges higher past 154.00 while making rounds to the 34-year top marked the previous day, mildly bid within a four-month-old rising trend channel early Tuesday. In doing so, Yen pair buyers take a breather at the multi-year high as the overbought RSI (14) line joins sluggish market conditions. It’s worth noting, however, that the bullish MACD signals and the...
NIFTY50 CMP - 22754 Although NIFTY50 is trading at its ATH & making new ATH everyday but NIFTY50 is looking lil tired. Crude at $90, High bond yields, Bullion at ATH, Weak global sentiment & Weak US markets - nothing looks in favor of bulls. It would be interesting to see if bulls keep on buying & take NIFTY50 to 23k or is it time to be cautious and book longs...
1) Positional Trade 2) Awesome fundamentals 3) Rocket base setup 4) Tight Consolidation 5) I will not be surprised if it touches 1700
Sexy VCP formed in weekly time-frame. Supported by awesome fundamentals. Ezzy 1900 /-
As a positional trade if market saath diya toh easily 850/- Kind off Rocket base in weekly timeframe supported by awesome fundamentals
📈 Technical analysis BTC/USDT Bitcoin is undergoing a local correction ahead of the halving, scheduled for April 20th. The price of BTC has already reached the 0.5 Fibonacci retracement level from the last upward impulse and is currently testing the dynamic support line EMA 50 4H. In case it doesn't withstand the pressure from sellers, we expect the price to...
The stock market is abuzz with the recent bullish run of ITC shares, sparking interest and speculation among investors. This analysis delves into the factors driving this surge and explores potential implications for traders and stakeholders. EMA 200 - Crossing Mutual Funds holding - Dec 2023 -9.66% June 2023- 9.17% Target 1- 455 Target 2- 480 Target 2 - 525
Puravankara Ltd 1) Time Frame - Daily. 2) The Stock has been in a Consolidation since (January, 2024). Now It has given a Consolidation breakout & Closed above it's (January, 2024) High with good bullish momentum candle & with huge volume in daily Time Frame. 3) The stock may find It's next resistance around the (price 353) in short term 5) Recommendation - ...
Gold price resumes its upward trajectory within a fortnight-old bullish megaphone chart pattern after a volatile day that initially refreshed an all-time high before posting the biggest daily loss in two months. That said, the XAUUSD’s corrective bounce also takes clues from a rebound in the RSI (14) line. However, bullish MACD signals and cautious mood ahead of...
NSE:CDSL is on the verge of a breakout and if this happens, a consolidation will end. Keep a stop loss at 2000 once the breakout takes place. Fundamentally strong and technically a sound breakout on the cards.
After a good listing this business has continued to do well. We can see another solid upwards move in this counter. Stop Loss at 4700 should be maintained. Positional Trade .
Fundamentals:- Market Cap ₹ 48,596 Cr. Current Price ₹ 1,342 Book Value ₹ 282 Graham Number ₹ 380 Stock PE 59.1 Industry PE 17.7 Dividend Yield 0.45 % ROCE 13.5 % ROE 11.1 % Promoter holding 73.8 % Pledged Promoter 0 % Debt 5 yrs ago ₹ 7,226 Cr. Debt 3...
Sector Tailwind : catch them young !! The Stock can move fast when supported with volumes Buy Above 952 , when supported with volumes the stock can touch these targets Both the targets and stop loss plotted on the chart Disclaimer : Educational Content and not a recommendation