Recap :
After a 2 days bullish run from 14 & 15 bank nifty was cooled down in a tight range between 46300 to 46500 on 16th FEB'24 Also some profit booking was done after 1pm at strong resistance 46500 also happens to be round number. lastly BN stalled at 46300.
Insights for tomorrow:
BN Ranging at resistance on daily time frame previously touched twice and...
Divi's Laboratories Limited is an India-based company, which is engaged in manufacturing and sale of active pharmaceutical ingredients (APIs), intermediates and nutraceutical ingredients with predominance in exports. The stock is in downtrend since Oct 2021 and was moving in a channel. However , we saw channel break out on 13 April 2023 and we see that the level @...
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I am not SEBI registered analyst.
My studies are for educational purposes only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kind of your profits and your losses.
@ Stock was in down trend and made a low of 93 in March, 2020.
@ After making the low, stock was consolidating in a range from 170 to 340 since April, 2020.
@ Stock has given a breakout on monthly time frame and trading above 350.
@ The stock has also retested the level of 355 on 22/12/2022.
@ It may go up the level of 650 to complete the rounding bottom...
# PNB Bank after a continous fall has consolidated for nearly 02 years.
# Stock has formed a double bottom pattern on the monthly chart.
# Does not good on fundamental. But certainly there is an improvement.
# CMP- 54, Immediate resistance is at around 66-68 and support at 26.
* NFL is still moving in a rectangle range since 2007.
* Now it is showing strength and has given Cup and Handle breakout.
* Also it is at the verge of breaking its long parallel trend.
* Its immediate resistance is at 89.
* It the resistance of 89 is broken in up side it may give the target of almost 130 at per Cup and handle breakout.
* As per fundamental...
> The stock has given a good bounce from its support.
> Bullish engulfing Candle followed with Gap-up Opening that sustained.
> Also seems to break the long trend line.
Please keep on radar as IT sector are not performing good.
SYSCHEM - Weekly Chart CMP 8.73
Harmonic - Demand zone - Cup and Handle + Volume Breakout
Buy add More if get @ 7- 5
Target 10-12-15-20- 25-30+
Time Duration 2-4 Years
SL below 2
In Stage 2
Retest candidate with low selling volume
Buying Pressure visible on daily candles
Volume support
Buy on cmp and avg it till 450
SL is black trendline breakodwn
Target atleast 20%
PVR Cinemas is a film entertainment public ltd company in India. (You know very younger and trend of younger )
REMARKABLE points are the following:
entertainment company
the primary trend is an uptrend.
up trend from 2013 to 2019 (in continuation)
retracement support @903 nearby with 38.2%
suppose, if you have seen 750 in price then fall will -64% fall...
