I have been tracking Nifty since months, to exploit investment opportunity. It is always better to invest (in the market) after a correction. You get competitive prices which results in potentially more upside (returns).
The indicator ploted here is Bollinger bands in weekly time frame. You may see that every time Nifty hit lower Bollinger bands, eventually it...
Namaste!
As you can see in the following chart, the stock has been in a strong downtrend in weekly chart.
You can witness that it didn't break the highs of any weekly candles except the one.
There is always a resistance at the highs of red candles. But, if the resistance get's hit many time, it become weak and there is a good probability of price moving...
Namaste!
For the people who has conviction in Zomato's future, this is the best time to buy shares (based on my analysis). You can consider investing 5% of your capital only. Never ever sell your investments at a loss. Zomato can be considered as a "beaten dog". One of the reason it has fallen so much, is due to sell-off in US Tech companies (Netflix, FB, Etc)....
Union bank is one of the top 5 largest PSU banks of India.
We have seen an amazing rally in PSU banks in the last couple of years on the basis of improved profitability and asset quality.
Technically, Union bank has a big scope of uptrend possible as the stock has recently broken the resistance of 100.
Positional traders can look for targets of 140, 175+ in next...
Cordscable had a strong breakout today, and it's gaining attention from FII's. It's a solid company both technically and fundamentally. Consider it for a medium-term investment of 3-4 months.
«🫴 MOTILAL OSWAL FIN SERVICES LTD 🤏»
👀 Stock with decent fundamentals trading at a very low PE of 9 is looking good for medium to long term holdings , only problem with the stock is the increasing debts and slowdown in growth of profits
👀 Stock has formed a higher low in bigger time frames like monthly and above , showing buyers coming in the stock , stock is...
IRCTC is now really good buying Point.
it has given a really nice break out. also having a good strength.
All levels are marked on chart.
follow long position on chart.
Auto Components Ltd
ABOUT
NDR Auto Component operates in the auto components industry and manufactures seat frames and trims for four-wheelers and two-wheeler vehicles and other accessories relating to car seats
It was incorporated and listed in 2019 as a part of Rohit Relan Group. It was listed post demerger of the automobile seating business from Sharda...
Sirca paints result has come very very attractive as usual. Chart also looking very attractive. We have seen multiple supports in the range of 275-305, and the recently price again has taken support in this range only and made a W kind of a pattern, both bottoms i have marked on chart. Price and action suggest a huge move in coming days. Might be tomorrow only we...
Amara Raja Batteries is in a good position. Think about holding it for the long term or a shorter swing trade. It's a strong stock with a forward-thinking business.
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 2015 and keeping a stop loss of 1675 , look for the target of 2900-3000 in the coming weeks and months.
Buy: CMP
Stop loss : 1675
Targets:
Tgt 1: 2900-3000
Theory:
The Cup with Handle is a bullish continuation pattern that...
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 930 and keeping a stop loss of 840 , look for the target of 1000/1100in the coming weeks and months.
Buy: CMP
Stop loss : 840
Targets:
Tgt 1: 1000
Tgt 2: 1100
Theory:
The Cup with Handle is a bullish continuation pattern that...
ACC has showing reversal pattern on 1D Candle.
2 Types of entry
1. Entry on Previous Swing Breakout Level
2. Entry on retest level of Trend Line.
Target 2177
