***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Looking at the parabolic recovery and the formation of a cup followed by steep rejection from 125 levels, this stock is probably awaiting the formation of a handle which will confirm its bullish break out. RSI has just been rejected from 72 levels which is suggestive of some short term bearish trend till 100-112 price range. Buying can be done just above 100...
#75 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.I HAVE LINKED MY PREVIOUS POSTS ON INDIABULL BELOW .
Leave a comment that is helpful or encouraging. Let's master the markets...
#39 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on stocks which on the verge of breakout indraprastha gas, ubl, castrol, hindustan unilever,...
1. Bullish market structure - HH, HL
2. Volume expansion
3. Coming out of the accumulation
4. Trendline breakout
5. Forming Inverse Head & Shoulders
6. Successful retest of the neckline
7. Support zone: 227-250
8. Target: 362, 580, 794. Stop Loss: 150
9. Time frame: 15-18 months
You are always advised to use an appropriate Risk-Reward...
The 245-250 zone would act as resistance for stock and if it is able to break and sustains above this level, we may see higher marked levels.
But if again we see the rejection lower marked levels would open as targets.
To motivate me, Please like the idea If you agree with the analysis.
InvestPro India Team
The price breached the downtrend line with high volume and rallied to change the market structure. This strong momentum increased the RSI to the 70-ish level. The price may now consolidate a bit to cool off the RSI, before giving the next leg upwards. This seems like a good time to accumulate. The market structure is clearly bullish and all the dips must be seen...
Market Cap ₹ 9,520 Cr.
Stock P/E 7.41 Vs Industry PE 21.2
ROCE 10.2 %
ROE 13.8 %
OPM 5Year avg 87.4 %
Promoter holding 22.5 % (negative)
Pledged percentage 0 %
Debt to equity 4.58
Intrinsic Value ₹ 1,173
Best of all is at current price
Dividend Yield 15.1 % and it consistently paysout dividend.
Technically bullish divergence Spotted. After the breakout...
Cup & Handle formed. Handle is formed by double bottoms. Targets on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Almost all the sectors have recovered post march downfall but nifty realty yet to recover.
This sector started reacting from a very strong buying zone, some of the stockes like Prestige, Sobha, DLF started showing upmove. keep an eye on realty stocks for good returns in coming days.
Below are the realty stocks with their weightage-
Godrej Properties Ltd....