In Today's trading session, banknifty index has been an inverted head and shoulder pattern in 15 min timeframe and its breakout level is 41155 level and its long target is likely to be 41800 level.
EURUSD gyrates between the 50-DMA and a two-month-old support line surrounding the yearly bottom flashed last week. The steady RSI and bearish MACD signals, however, keep the sellers hopeful as markets await the Fed. That said, a downside break of the aforementioned support line, around 0.9850 by the press time may avail an intermediate halt near the 0.9800...
Analysis Based on Demand zone and Supply zones. long term investment pick. Buy in Parts 4223 / 4153 / 3975 / 3810. Tgt 4608 / 5040 / 5324 / 6220 / 6699. SL Weekly close below 3800. Next Buy range 3000 / 2891
Fundamental Analysis: 1) Segment - Zinc- lead mining and smelting 2) PE -11.1 3) Debt to Equity - 0.08(Promoter pledged 85% of share) 4) ROE -28 5) Sales Doubles in last three years Trend: unable to close( monthly TF) above the previous swing high ( lot of rejection) Rejection from level of 1.236 level of FIB. Two possibility from this level option 1: Since it...
Lehar Foot Wears has made recently preferential allotment to promoters between Rs 35 to 45. Stock has consolidated nicely btw 2016 to 2022. With promoters inducing the confidence in the business this has to be pick for 1x from Rs 60
General Notes 1. Company is debt free 2. They are demergin their investment vertical from the balancesheet 3. EPS getting recovered from last 2 qtrs 4. Net cash is positive 5.Technical setup -13 years of breakout and this demerger can take this stock for new high 6. Investments activities are getting demerged from the business 7. Annual report has...
Wait For Brekout Entry at Brekout candal next candal ( High of Brekout candal next candal)
SBIN LTD. The company cannot be ignored. State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's most giant corporations of 2020, being the only Indian bank on the...
Alkem looks good for swing Trade He breaks Flag and pole pattern on Weekly time frame and also maked double bottom pattern It's good for buy above if sustain then Buy 3250-3255 in this Rang Disclaimer:- Fundamentally this stock is not good so don't invest more . This is only for educational purpose
Another example of cup and handle pattern in play. This time SBI on a daily time frame. There is a probability of 100+ rupees on the upside if the current rally in it sustains. Made from one of the charting tools in TradingView.
Nifty is forming a cup and handle sort of formation. If it breaks above 18000 again - we can see an upside to the tune of 2000+ points as per theory. Made from one of the charting tools in Trading View. Just my view for educational purpose.
Been adding this company share for a while now 1 year or so . Going to be invested for long time , The thing I observed here is another good breakout is right on the verge . 1. 4 times resisted 2100-2200 price range , now coming back 5th time with the backing of excellent result. 2. As marked in charts breakout is due as it it regularly moving in upper band...
The liquidated amount in just the last 24 hrs was around $65 billion. Market cap fell to $666 B from $950 B and it has bounced back to the $900 B range. The last 24 hrs were very chaotic in the crypto environment, fall can be seen in every cryptocurrency in the market. Though the reason for the fall remains unknown, investors are petrified even at the...
AUDJPY pairs continue up trend to break new high It's ramp up with bullish flag
Wonderla Holidays is engaged in the business of Amusement Parks and Resort. KEY POINTS IPO and promoter group Wonderla came up with their IPO in April 2014 to raise 181 cr. which went into funding their upcoming amusement park in Hyderabad, that was operationalized in 2016 . The company was setup by Kochouseph Chittilappilly in 2000, the same promoter group...
AUDUSD seems vulnerable there has been a long respected falling resistance since 05 April which had traded with highest peak at around 0.76534. by that point then the Aussie keep falling like a Jo's waterfall🤑. Believe me, Trading Aussie (Australian Dollar) against Greenback (USD) will be more profitable if we look at the falling trend channel, and XABCD HARMONIC...
Symmetrical triangle 🔺️ pattern Breakdown Detected. Can initiate A short trade. Sell @ CMP Target 1747 SL 2390 Risk reward ratio 4.42 For education purpose.
#BTC Main 19.09.2022📊 BTC: $ 18,400 ETH: $ 1,300 BITCOIN DOMINANCE 40,63% TOTAL MARKET CAP $ 0.86T Crypto Fear & Greed Index: 21 📊Bitcoin spilled quite heavily tonight (in the Asian session) due to large volumes on sale. What fundamental reason led to that surge in volumes is still unclear, but perhaps it's all about the same negative expectations from the FRS...