GBPUSD remains pressured at the lowest level in eight days after breaking a five-week-long trend line support the previous day. Apart from the support break, bearish MACD signals and an absence of oversold RSI also keep the Cable sellers hopeful. With this, the quote’s further downside toward the 1.2600 support confluence, comprising a 50% Fibonacci retracement of...
hi guys, many people who are in indian markets and many big bussiness men usually have sentiment during diwali , and dhanteras they buy gold , stocks etc on these auspicious days same for ram mandir prana prathistha also on that day 22-1-24 date every index will be green may be every stock also , because of sentiment and devotion a lot of in flow will be there...
HDFC Bank: Though HDFC might have come down after the result. It might have been bad result in a long time but still it isn't negative. NII is at 28%. So, don't expect the market to go down. I expect market to rebound after the initial shock. So be +ve and don't be surprised.
Reversal didnt happen as expected at 245 due to weather change with too much hope. Next level is at 289 but that ride is entirely based on the cold weather forecast tilll 17th and the difference in JAN and FEB contracts has reached almost 40 showing the short term bullishness. So high chances of crashing on getting close to the weekend if weather forecast remains...
REVERSAL STOCK BUY HDFCAMC 1955, for 2040 and 2070 and 2150 Invalid below 1850 on 2 day closing basis. Stock has breached 200ema with volumes. All mid cap laggards are bouncing sharply. Stock is underperformer, so keep it as trading view only
BUY BHARAT FORGE 900 for 1000 to 1040. Perfect weekly rounding breakout at all time highs. Keep stop near 775 range on weekly closing basis. Bharat Forge has been awarded as defence license
On Occassion of Diwali my educational pick basis fundamental and technical will be Nykaa NSE:NYKAA On technical front Price Crosses Moving Average (50-week) After down trend price in consolidation mode making HH and HL Bullish Momentum - Above Short, Medium and Long Term Moving Averages Outperformer - FSN E-Commerce Ventures Nykaa up by 1.32% v/s NIFTY...
Price action: Price remained below 630-650 zone and bounced from 250-270 zone Beyond 650-670 zone, this will be a totally Bull's at play!
BUY @ 145-148 stop loss below trend line target 170/195/++++ATH
Relaxo footware: Market Cap ₹ 22,184 Cr. Current Price ₹ 891 52 High / Low : ₹ 974 / 748 ROCE 11.8 % ROE 8.65 % Promoter holding 71.3 % Debt to equity 0.12 (courtesy : screener.in) In short this ticks all parameters that I value Price action: This is consolidating in a very small range since last many months. My planned entry, as well price journey i...
Hero motors stock has formed a cup and handle pattern from past 4 years. A breakout of this pattern will unlock new highs for the stock. From investment POV, stock offers attractive dividend yield of more than 3% at CMP. Some ratios from fundamental analysis are: D/E is almost 0 ROCE>20% ROE>15% PE is 20 at CMP For trading purposes, stock is risky considering...
Great company, potential to become a multibagger company. Great fundamentals Little expensive Best for long term Technical great level
Gold prices continued to increase in the early trading sessions of the week thanks to escalating tensions in the war in the Middle East. Gold experienced a steady rise near the weekend thanks to geopolitical tensions and weakness in the US dollar. The coordinated attack between the US and UK on the Houthi rebels in Yemen in recent days has made the market...
Govt. decision to cut down Ethanol crashed Sugar and Praj stocks. Praj is not just a sugar stock, the business has more to it. Pessimism should be over around Praj industries. Trying to grab this fall for a short term investment keeping a narrow stop loss of 523 with a target of 600 - 630 Similar pessimism crashed prices of IGL, MGL. MGL got up. Wait for IGL.
Bullish on page industry Soon reaching ATH Financial suppose to be improve soon. Available at good buy. Great brand jockey as a competative edge Overall a good buy. Breakout flag channel Long consolidation
Great financial YOY SALES GROWTH breakout soon Channel breakout soon Bullish on it RS POSITIVE
USDCAD rises for the fourth consecutive day while poking the 200-SMA as the pair traders await Canadian inflation data, namely the Consumer Price Index (CPI) and the Bank of Canada (BoC) CPI. It’s worth noting that the firmer RSI (14) line and the bullish MACD signals favor the latest bull run. Adding strength to the upside bias is the daily closing beyond the...
Technical Analysis:- - Stock All time low near 25. - Stock reversed from 25 making a double bottom. - High Volume seen in the Stock in past few months. - Major Support Zone is 46 to 56. - 4th time the stock is near Resistance Trendline. - Breakout Above 70 is possible with this high volume. - Support at 56-46-25 - Resistance at 100-190-240 Fundamental...